Initial Principal Balance Sample Clauses

Initial Principal Balance. All references in the Note to $198,000 shall be changed to $425,365.48.
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Initial Principal Balance. The initial principal balance (the “Initial Principal Balance”) of this Note shall be an amount up to [ ], as determined in accordance with the terms of Sections 2.6(d) and (e) of the Stock Purchase Agreement. Regardless of the date of determination of the Initial Principal Balance, interest shall accrue on the Initial Principal Balance from and after the Issuance Date (i.e., interest on the Initial Principal Balance will be computed retroactively to the Issuance Date after determination of the Initial Principal Balance in accordance with the terms of Section 2.6 of the Stock Purchase Agreement).
Sample 1
Initial Principal Balance. All references in the Note to $20,000 shall be changed to $42,966.21.
Sample 1
Initial Principal Balance. INTEREST RATE; EXPECTED FINAL PAYMENT DATE; FINAL MATURITY DATE The Transition Bonds of each Class of the Series 2001-1 Transition Bonds shall have the initial principal balance, Expected Final Payment Date and Final Maturity Date and bear interest at the interest rate (the "Interest Rate") -------- ---- as set forth below: Initial Principal Expected Final Final Class Balance Payment Date Maturity Date Interest Rate --------- ----------------- -------------- ------------- ------------- A-1 $115,000,000 09/15/05 09/15/07 3.84% A-2 118,000,000 09/15/07 09/15/09 4.76% A-3 130,000,000 09/15/09 09/15/11 5.16% A-4 385,897,000 09/15/13 09/15/15 5.63% The Expected Final Payment Date for each Class of the Series 2001-1 Transition Bonds will be the date when the outstanding principal balance of that Class will be reduced to zero if payments are made according to the Expected Amortization Schedule for that Class. The Final Maturity Date for each Class of the Series 2001-1 Transition Bonds will be the date when the Issuer is required to pay the entire remaining unpaid principal balance, if any, of all outstanding Series 2001-1 Transition Bonds of that Class.
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Related to Initial Principal Balance

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,493,405.52.

  • Principal Balance Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500.

  • ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE The Original Class A Non-PO Principal Balance is $170,009,500.00.

  • Remaining Principal Balance At the Cutoff Date the Principal Balance of each Receivable set forth in the Schedule of Receivables is true and accurate in all material respects.

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10

  • Outstanding Principal Balance Each Receivable has an outstanding principal balance of at least $500.

  • Pool Balance 1. Pool Balance on the close of the last day of the preceding Collection Period $

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Optional Principal Payments 11 2.8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

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