Principal Outstanding Amount definition

Principal Outstanding Amount. Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of any occurrence or event which gives rise to a claim under the Policy, less the portion of principal component included in the EMIs, payable but not paid, from the date of the loan agreement till the date of such occurrence or event. For the purpose of avoidance of doubt, it is clarified that any:
Principal Outstanding Amount means, in respect of a Bond (of the Specified Denomination) on any date, the Specified Denomination less the aggregate amount of all principal payments in respect of that Bond that have been paid and shall not include any premium paid in respect of that Bond.
Principal Outstanding Amount means, on any date, in respect of any IC Loan the principal outstanding amount on the date such IC Loan was granted to the Asset Purchaser less the aggregate amount of all principal paid to the Issuer up to such date in respect of such IC Loan;

Examples of Principal Outstanding Amount in a sentence

  • Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of any occurrence or event which gives rise to a claim under the Policy, less the portion of principal component included in the EMIs, payable but not paid, from the date of the loan agreement till the date of such occurrence or event.


More Definitions of Principal Outstanding Amount

Principal Outstanding Amount means, at any time, the then outstanding unpaid principal amount of the Notes. “Quasi-Security” has the meaning given to that term in section 4(a)(2).
Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of an Insured Event. For the purpose of avoidance of doubt, it is clarified that any:
Principal Outstanding Amount of Principal Invested Amount Purchased Repurchase Made Balance Amount ---------------- ---------------- ------- ------ EXHIBIT B TO SERIES 1999-2 SUPPLEMENT FORM OF INVESTMENT LETTER The Chase Manhattan Bank 000 Xxxx 00xx Xxxxxx 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Capital Markets Fiduciary Services, Stone Receivables Corporation Ladies and Gentlemen: In connection with our proposed purchase of a one or more Floating Rate Trade Receivables-Backed Certificates, Series 1999-2 (the "Series 1999-2 Certificates"), representing a fractional undivided interest in the Stone Receivables Corporation Master Trust, issued under the Series 1999-2 Supplement, dated as of October 15, 1999 (the "Supplement"), among Stone Receivables Corporation, as Transferor, Stone Container Corporation, as Servicer and The Chase Manhattan Bank, as Trustee, we confirm that:
Principal Outstanding Amount means, at any time, the then outstanding unpaid principal amount of the Notes.
Principal Outstanding Amount means, at any time, the Dollar Equivalent of the aggregate outstanding principal amount of the Loans at such time.

Related to Principal Outstanding Amount

  • Outstanding Amount means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date of determination.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Total Outstandings means the aggregate Outstanding Amount of all Loans and all L/C Obligations.

  • Total Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all L/C Obligations.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Principal Amount Outstanding means, in respect of a Covered Bond on any day the principal amount of that Covered Bond on the relevant Issue Date thereof less principal amounts received by the relevant Covered Bondholder in respect thereof on or prior to that day.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments and Revolving Credit Exposure of such Lender at such time.

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.