Principal Installment Date definition

Principal Installment Date means, for each Series, the date upon which each Principal Installment on the Bonds of such Series will be payable pursuant to a Series Trust Indenture.
Principal Installment Date means any date upon which any Principal Installment on Bonds of any Series shall be due and payable pursuant to the applicable Series Indenture.
Principal Installment Date means any date on which any Principal Installment on any Series of Bonds shall become due and payable by the Authority, or such other date as set forth in a Supplemental Resolution or Certificate of Authority Officer authorizing a Series of Bonds. In the event a Principal Installment Date is not a Business Day, principal shall be paid on the next succeeding Business Day for the Principal Installment payable on the Principal Installment Date.

Examples of Principal Installment Date in a sentence

  • Subordinated Debt Service FundAn amount equal to 1/5 of interest coming due on the Subordinated Bonds on the next interest payment date and 1/10 of principal coming due on next Principal Installment Date.

  • On June 27, 2000, Camberly distributed an Information Circular which failed, again, to disclose Sirius as a shareholder of Camberly when, in fact, it held 16% of the voting rights attached to any class of voting securities of Camberly.

  • Commonwealth Transportation FundPledged Funds (other than Prior Pledged Funds)Prior Pledged FundsRevenue Account1994 Trust Agreement for debt serviceon 1994 BondsMotor Fuel Sub-accountNon- Motor Fuel Sub-account Direct Payments Debt Service FundAn amount equal to 1/5 of interest coming due on the Bonds, other than Subordinated Bonds, on the next interest payment date and 1/10 of principal coming due on next Principal Installment Date.

  • On each Interest Payment Date and Principal Installment Date, the Trustee shall transfer to the Paying Agent from the Interest Account and the Principal Account, respectively, sums sufficient to pay the interest on and/or principal of and premium, if any, on the Bonds due on such date.

  • The Trustee shall pay from moneys credited to the Third Series Principal Account to the respective Paying Agents, on the day preceding each applicable Principal Installment Date and Redemption Date for any of the Outstanding Third Series Bonds, the amounts required for the payment of principal due on such date and such amounts shall be applied by the Paying Agents to such payments.


More Definitions of Principal Installment Date

Principal Installment Date means any date upon which any Principal Installment on Notes of any Series shall be due and payable pursuant to the applicable Series Resolution.
Principal Installment Date means each date on which Principal and Sinking Fund Installments, if any, is payable on the Bonds as provided in or pursuant to this Indenture (or, if such date is not a Business Day, the immediately succeeding Business Day).
Principal Installment Date means any date on which the principal of any Bonds shall mature;
Principal Installment Date means, with respect to any Put Portfolio II Asset having scheduled installment dates for the repayment of principal, each such scheduled installment date (other than any Legal Final Maturity Date or Final Amortization Date).
Principal Installment Date means each date on which a Principal Installment is required to be
Principal Installment Date means: (i) with respect to the Series 2021 Bonds, each August 1, commencing August 1, 2024; or (ii) such other date as set forth in a Supplemental Indenture authorizing any other Series of Refunding Bonds. In the event a Principal Installment Date is not a Business Day, principal shall be paid on the next succeeding Business Day for the Principal Installment payable on the Principal Installment Date.
Principal Installment Date means each respective date on which Principal Installments are required to be made pursuant to the applicable Series Resolution.