Adjusted Outstanding Principal Balance definition
Adjusted Outstanding Principal Balance has the meaning given to it in Clause 11.2 of the LLP Deed;
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 (ii) the Performance Factor applicable to such Receivable.
Adjusted Outstanding Principal Balance means in respect of each Loan, the lower of:
More Definitions of Adjusted Outstanding Principal Balance
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;
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 in respect of principal in any Issuer Account, for the benefit of such Class or Tranche of Notes at such time.
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.
Adjusted Outstanding Principal Balance means in respect of each Loan: