Adjusted Outstanding Principal Balance definition

Adjusted Outstanding Principal Balance has the meaning given to it in Clause 11.2 of the LLP Deed;
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Adjusted Outstanding Principal Balance means, at any time and in respect of each Receivable an amount equal to the product of (i) the Outstanding Principal Amount of the relevant Receivable and
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Adjusted Outstanding Principal Balance means in respect of each Loan, the lower of:
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Examples of Adjusted Outstanding Principal Balance in a sentence

  • Interest on each Note will accrue on a daily basis at the relevant Rate of Interest on the Adjusted Outstanding Principal Balance of such Note, provided that the Adjusted Outstanding Principal Balance of such Note is in excess of USD 1.

  • The Calculation Agent shall, as soon as reasonably practicable thereafter, notify in writing the Issuer, the Agent Bank, the Principal Paying Agent, the Administrator and the Note Trustee of the Outstanding Principal Balance and the Adjusted Outstanding Principal Balance following such reinstatement.

  • The Adjusted Outstanding Principal Balance of the Notes will be adjusted automatically and interest shall not accrue on any Note if and for so long as the Adjusted Outstanding Principal Balance of such Note is USD 1 or less.

  • The Adjusted Outstanding Principal Balance of the Notes assumes a Loss Amount equal to 60 per cent.

  • The Calculation Agent shall, as soon as reasonably practicable thereafter, notify in writing the Issuer, the Agent Bank, the Principal Paying Agent, the Administrator and the Note Trustee of the Outstanding Principal Balance and the Adjusted Outstanding Principal Balance following such reduction.

  • The Calculation Agent shall, as soon as reasonably practicable thereafter, notify in writing the Issuer, the Agent Bank, the Principal Paying Agent, the Transaction Administrator and the Note Trustee of the Outstanding Principal Balance and the Adjusted Outstanding Principal Balance following such reinstatement.

  • Article 19 covers all persons exercising their rights under Title II of Part Two – this means it also covers, for example, frontier workers, family members or “extended” family members.

  • Amounts of interest payable in respect of the Notes will be determined by reference to the Adjusted Outstanding Principal Balance of the Notes.

  • By continually challenging our assumptions and initiatives through robust review of data, clinical evidence, best practice, research, clinical audit, patient and clinician views and experiences, patient and clinical outcomes, quality measures and benchmarked performance information.

  • The Calculation Agent shall, as soon as reasonably practicable thereafter, notify in writing the Issuer, the Agent Bank, the Principal Paying Agent, the Transaction Administrator and the Note Trustee of the Outstanding Principal Balance and the Adjusted Outstanding Principal Balance of each Class of Notes following such reduction.


More Definitions of Adjusted Outstanding Principal Balance

Adjusted Outstanding Principal Balance means at any time with respect to any Class or Tranche of Notes, the Outstanding Principal Balance of all Outstanding Notes of such Class or Tranche of Notes at such time, less any funds on deposit and allocated for principal in any Issuer Account for the benefit of such Class or Tranche of Notes at such time.
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Adjusted Outstanding Principal Balance has the meaning given to it in Clause 10.2 of the Fund Deed; Administration Fee has the meaning given to it in Clause 11 of the Servicing and Custody Agreement; Advance has the meaning given in Clause 13.4 of the Representative and Agency Agreement; Agents means the Paying Agents and any Calculation Agent; Agreement Date means, in respect of any Covered Bond, the date on which agreement is reached for the issue of such Covered Bond as contemplated in Clause 2 of the Programme Agreement which, in the case of the Covered Bonds issued on a syndicated basis or otherwise in relation to which a Subscription Agreement is entered into, shall be the date on which the relevant Subscription Agreement is signed by or on behalf of all the parties to it; Amortised Face Amount has the meaning given to it in Condition 7.6(b) (Redemption and Purchase – Early Redemption Amounts) of the Terms and Conditions;
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Adjusted Outstanding Principal Balance has the meaning given to it in Clause 10.2 of the Fund Deed; Administration Fee has the meaning given to it in Clause 11 of the Servicing and Custody Agreement; Advance has the meaning given in Clause 13.4 of the Representative and Agency Agreement; Agents means the Paying Agents and any Calculation Agent; Agreement Date means, in respect of any Covered Bond, the date on which agreement is reached for the issue of such Covered Bond as contemplated in Clause 2 of the Programme Agreement which, in the case of the Covered Bonds issued on a syndicated basis or otherwise in relation to which a Subscription Agreement is entered into, shall be the date on which the relevant Subscription Agreement is signed by or on behalf of all the parties to it; Amortised Face Amount has the meaning given to it in Condition 7.6(b) (Redemption and Purchase – Early Redemption Amounts) of the Terms and Conditions; Annual Accounting Date means 31 December in each year or such other date as the Board of Directors of the Management Company may determine by Majority Decision; Annuity Amount has the meaning given to it in Condition 6.1 (Payments - Payment in respect of Inflation Linked Annuity Covered Bonds) of the Terms and Conditions; Annuity Covered Bonds means the Covered Bonds which will be redeemed in Annuity Amounts (subject to adjustment for indexation in accordance with the provisions specified in the applicable Final Terms) on one or more Interest Payment Dates as specified in the applicable Final Terms; Appointee means any attorney, manager, agent, delegate, nominee, custodian or other person appointed by the Representative under the Representative and Agency Agreement; Arranger means Arion Bank hf. and any other entity appointed as an arranger for the Programme or in respect of any particular issue of Covered Bonds under the Programme and references in this Agreement to the Arranger shall be references to the relevant Arranger; in Arrears or in arrears means, in respect of a Mortgage Account, that one or more Monthly Payments in respect of such Mortgage Account have become due and remain unpaid by a Borrower; Arrears of Interest means, in relation to a Loan as at any date, the aggregate of all interest and expenses which are due and payable and unpaid on that date; Asset Coverage Test means the test as to whether the Adjusted Aggregate Loan Amount is at least equal to the ISK Equivalent of the aggregate Principal Amount Outstanding of the Covered Bonds as calculated on the ...
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Adjusted Outstanding Principal Balance means in respect of each Loan:
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Related to Adjusted Outstanding Principal Balance

  • Outstanding Principal Balance As of the time of any determination, the principal balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the case of an REO Property, the principal balance of the related Mortgage Loan remaining to be paid by the Mortgagor at the time such property was acquired by the Trust Fund less any Net Liquidation Proceeds with respect thereto to the extent applied to principal.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.