Principal Available Funds definition

Principal Available Funds means, in respect of any Calculation Date, the aggregate of:
Principal Available Funds means, in respect of each Payment Date, the aggregate of:
Principal Available Funds means, in respect of any Payment Date, the aggregate of:

Examples of Principal Available Funds in a sentence

  • On each Quarterly Calculation Date the Calculation Agent will calculate the amount of the Quarterly Interest Available Funds and the Principal Available Funds available or to be made available to the Issuer in the Transaction Account to satisfy its obligations under the Notes or, prior to the Mandatory Redemption Date to purchase New Loans, as the case may be.

  • To the extent that Principal Available Funds and Monthly or Quarterly Interest Available Funds are insufficient to repay any principal or pay any Accrued Interest outstanding on any Class of Notes on the Final Redemption Date, any amount of the Principal Amount Outstanding of, and Accrued Interest on, such Notes in excess of the amount available for redemption or payment at such time, will cease to be payable by the Issuer.

  • Following the Mandatory Amortisation Date As from the first Quarterly Payment Date falling on or, as the case may be, immediately following the Mandatory Amortisation Date and on each Quarterly Payment Date thereafter prior to the issuance of an Enforcement Notice, the Issuer will be obliged to apply the Principal Available Funds (if any) in making the payments or provisions in the order of priority set out in, subject to and in accordance with the Principal Priority of Payments.

  • The remaining Principal Available Funds not used for acquiring Additional Receivables shall remain credited to the Principal Account.

  • As from the first Quarterly Payment Date falling in February 2011 and on each Quarterly Payment Date thereafter until the Mandatory Amortisation Date and, in any event, prior to the issuance of an Enforcement Notice, the Issuer may, but is not obliged to, apply the Principal Available Funds (if any) in whole or in part in making the payments or provisions, in the order of priority as set out in, subject to and in accordance with the Principal Priority of Payments.


More Definitions of Principal Available Funds

Principal Available Funds means, in respect of each Payment Date, the aggregate (without double counting) of:
Principal Available Funds means, on each Calculation Date and in respect of the immediately following Interest Payment Date, an amount equal to the sum of:
Principal Available Funds means, in respect of any Calculation Date, the aggregate of:" 2. On page 182, under the definition of "Principal Available Funds" the point letter (e) shall be replaced as follows:
Principal Available Funds means: in respect of each Purchase Date which is not a Payment Date, the aggregate of:
Principal Available Funds means, with reference to each Guarantor Payment Date, the sum of: (a) any principal payment and any Interest Component of the Purchase Price received during the Collection Period immediately preceding such Guarantor Payment Date, (b) any amounts deriving from sale of the Public Assets, Integration Assets, Eligible Investments and Authorised Investments (without any double counting) received during the Collection Period immediately preceding such Guarantor Payment Date and (c) any principal amount received by the Covered Bond Guarantor as payments under the Swaps Agreements with the exception of any Delivery Amounts (as defined therein) on or prior to the relevant Guarantor Payment Date.
Principal Available Funds means in respect of any Guarantor Payment Date, the aggregate of, without duplication:
Principal Available Funds means, with respect to each Payment Date the sum of: