Outstanding Principal Amount. Subject to satisfaction of the conditions precedent to the making of Series 2012-1 Class A-1 Advances set forth in the Series 2012-1 Class A-1 Note Purchase Agreement, (i) on the Series 2012-1 Closing Date, the Co-Issuers may cause the Series 2012-1 Class A-1 Initial Advance Principal Amount to become outstanding by drawing ratably, at par, the initial principal amounts of the Series 2012-1 Class A-1 Advance Notes corresponding to the aggregate amount of the Series 2012-1 Class A-1 Advances made on the Series 2012-1 Closing Date (the “Series 2012-1 Class A-1 Initial Advance”) and (ii) on any Business Day during the Series 2012-1 Class A-1 Commitment Term that does not occur during a Cash Trapping Period, the Co-Issuers may increase the Series 2012-1 Class A-1 Outstanding Principal Amount (such increase referred to as an “Increase”), by drawing ratably (or as otherwise set forth in the Series 2012-1 Class A-1 Note Purchase Agreement), at par, additional principal amounts on the Series 2012-1 Class A-1 Advance Notes corresponding to the aggregate amount of the Series 2012-1 Class A-1 Advances made on such Business Day; provided that at no time may the Series 2012-1 Class A-1 Outstanding Principal Amount exceed the Series 2012-1 Class A-1 Maximum Principal Amount. The Series 2012-1 Class A-1 Initial Advance and each Increase shall be made in accordance with the provisions of Sections 2.02 and 2.03 of the Series 2012-1 Class A-1 Note Purchase Agreement and shall be ratably (except as otherwise set forth in the Series 2012-1 Class A-1 Note Purchase Agreement) allocated among the Series 2012-1 Class A-1 Noteholders (other than the Series 2012-1 Class A-1 Subfacility Noteholders in their capacity as such) as provided therein. Proceeds from the Series 2012-1 Class A-1 Initial Advance and each Increase shall be paid as directed by the Co-Issuers in the applicable Series 2012-1 Class A-1 Advance Request or as otherwise set forth in the Series 2012-1 Class A-1 Note Purchase Agreement. Upon receipt of written notice from the Co-Issuers or the Series 2012-1 Class A-1 Administrative Agent of the Series 2012-1 Class A-1 Initial Advance and any Increase, the Trustee shall indicate in its books and records the amount of the Series 2012-1 Class A-1 Initial Advance or such Increase, as applicable.
Outstanding Principal Amount. The sum of (i) the aggregate amount of unpaid principal of the Loans as of any date of determination plus (ii) the aggregate face amount of each Letter of Credit issued under Section 2.9 which has not expired or terminated prior to such date of determination, excluding from the face amount of any Letter of Credit the amount by which any Unreimbursed Drawing has reduced the availability thereunder until such availability is reinstated pursuant to the terms of such Letter of Credit.
Outstanding Principal Amount. Procedures for Issuing and Increasing the Series 2012-1 Class A-1
Outstanding Principal Amount. The total balance of each Mezzanine Loan Interest is set forth on Schedule I hereto, and no party other than any Seller holds an interest in the related Mezzanine Loan Interest except as shown on Schedule I. The total balance of the senior loans related to such Mezzanine Loan Interest as of the Closing Date is also set forth on Schedule I hereto.
Outstanding Principal Amount. In relation to any Reference Obligation as of any date of determination, the outstanding principal amount of such obligation as shown in the then current Annex I, as increased pursuant to this Clause 2 (or, in the case of any Committed Obligation, pursuant to any borrowing in respect of such Committed Obligation after the Obligation Settlement Date) and reduced pursuant to Clauses 3 and 5. Except as otherwise expressly provided below with respect to Counterparty First Floating Amounts, the Outstanding Principal Amount of any Committed Obligation on any date shall include the aggregate stated face amount of all letters of credit, bankers’ acceptances and other similar instruments issued in respect of such Committed Obligation to the extent that the holder of such Committed Obligation is obligated to extend credit in respect of any drawing or other similar payment thereunder. Commitment Amount: In relation to any Reference Obligation that is a Committed Obligation (and the related Transaction) as of any date of determination, the maximum outstanding principal amount of such Reference Obligation that a registered holder thereof would on such date be obligated to fund (including all amounts previously funded and outstanding, whether or not such amounts, if repaid, may be reborrowed).
Outstanding Principal Amount. On any Mandatory Prepayment under this Clause 8, the outstanding principal amount (and for the avoidance of doubt the repayment instalments) of the relevant Loan shall be reduced by an amount Y which, determined from the definition of Early Redemption Amount where the Early Redemption Amount is the amount prepaid under Clause 8.1, shall be calculated in accordance with the following formula:
(a) in respect of the Tranche A1 Loan, Early Redemption Amount = accrued interest + max (Y × indexation, Y × indexation × Early Redemption Price);
(b) in respect of the Tranche A2 Loan, Early Redemption Amount = accrued interest + max (Y, Y × indexation, EUR Make Whole Amount);
(c) in respect of the Tranche B1 Loan, Early Redemption Amount = accrued interest + max (Y, Y × Early Redemption Price);
(d) in respect of the Tranche B2 Loan, Early Redemption Amount = accrued interest + max (Y, EUR Make Whole Amount); and
(e) in respect of the Tranche C1 Loan or the Tranche C2 Loan, the amount prepaid excluding any accrued interest and Break Costs.
Outstanding Principal Amount. The face amount of this Note is the principal sum of One Million Dollars ($1,000,000.00). Each advance and readvance by Payee hereunder shall be evidenced by this Note, and any repayments of principal by Maker shall be credited against the Principal Balance due on this Note, but shall not extinguish this Note in whole or in part. The Principal Balance due on this Note may increase and decrease as advances, readvances and payments are made hereunder, pursuant to the Loan and Security Agreement (including amendments and supplements thereto) between Maker and Payee hereof, and this Note shall evidence all of the indebtedness of Maker hereunder from time to time existing pursuant to said Loan and Security Agreement, including readvances of sums already paid. The aggregate principal advances and readvances under this Note may exceed the face amount hereof, but the Principal Balance hereunder at any given time shall not exceed the face amount hereof, it being understood and agreed that Payee hereof does not intend to make any loans to Maker that are not secured by the Loan and Security Agreement and that each and every advance and readvance made at present or hereafter to Maker shall be deemed to be a fully secured advance evidenced by this Note.
Outstanding Principal Amount. 14 PAMA............................................................... 14
Outstanding Principal Amount. The “Outstanding Principal Amount” means the outstanding principal amount of this Note.
Outstanding Principal Amount. The paries hereby acknowledge that as of the December 1, 2021, the outstanding principal amount of the Note is $28,000.
