Examples of Scheduled Principal Payment in a sentence
Therefore, ‘OTHR’ (representing ‘Other’) is the appropriate value to enter in this field.(b) In this case, the value ‘OTHR’ (representing ‘Other’) should be entered in the Scheduled Principal Payment Frequency field.(c) In this situation, this field should be reported as ‘MNTH’ (representing ‘monthly’) and, furthermore, the Balloon Amount field (i.e. RREL41; CRPL51; AUTL38; ESTL37, as applicable) should be completed to reflect the balloon amount.
On each Interest Payment Date, other than the Interest Payment Date on which the Notes are to be redeemed under Condition 5(a) ( Final Redemption) above or Condition 5(b)(ii) or Conditions 5(d) (Optional Early Redemption in Full) or 5(e) (Redemption for Tax Reasons), below, the Issuer shall redeem the Notes in an amount equal to the Scheduled Principal Payment).
Principal of this Note will be payable on the Scheduled Principal Payment Date in an amount described on the face hereof, subject to the provisions of the Indenture.
With respect to any Series, the date on which the principal balance of the Outstanding Notes of such Series are expected to be paid in full assuming that the Scheduled Principal Payment Amount for such Series are paid in full as such Scheduled Principal Payment Amount have become due.
The Statement Covering the Period Between Cost Certification Cutoff Date and First Scheduled Principal Payment.