Adjusted Principal Amount definition

Adjusted Principal Amount means, for each $1,000 Original Principal Amount of the Debentures, $1,000, minus any and all Extraordinary Additional Distributions and any Yield Adjustments made in respect to such Original Principal Amount of Debentures pursuant to Section 204.

Adjusted Principal Amount means, as of any date of determination, the excess, if any, of (A) the Principal Amount as of such date over (B) the Principal Collection Account Amount as of such date.

Adjusted Principal Amount means, on any date of determination, the greater of (x) the aggregate principal amount of the outstanding Advances and (y) the Minimum Facility Amount then in effect.

Examples of Adjusted Principal Amount in a sentence

• The “Adjusted Face Amount” of a Note is an amount equal to such Note’s pro rata portion of the Adjusted Principal Amount of the Notes.

• Upon the receipt of any such notice, the holder shall have the right at any time prior to the date proposed for such repurchase to convert any or all of the Adjusted Principal Amount of this Note in accordance with the provisions of Section 3.

• Borrower may exercise the Call Option by giving the holder of this Note at any time upon ninety (90) days' prior written notice of Borrower's intention to exercise the Call Option, which notice shall state the date on which the Call Option is to be consummated, the then current Adjusted Principal Amount and all accrued interest and unpaid interest thereon, together with any other sums evidenced by this Note, to be paid on such date.

• From and after the fifth anniversary of the date of this Note and on or prior to the Due Date, Borrower shall have the right (the "Call Option") to repay the Adjusted Principal Amount then outstanding, in whole but not in part, without premium or penalty (other than the imposition, if applicable, of the Default Rate or "late charge" as provided herein).

• Except as expressly set forth in this Section 5, Borrower is prohibited from making any voluntary prepayment of this Note and shall not have any right to cause the holder to convert any portion of the Adjusted Principal Amount outstanding from time to time.

More Definitions of Adjusted Principal Amount

Adjusted Principal Amount means an amount equal to the lesser of:

Adjusted Principal Amount has the meaning ascribed to such term in the Supplemental Indenture.

Adjusted Principal Amount means, on any Payment Date and for any Class of Notes, the Principal Amount of such Class as of the prior Payment Date (or, with respect to the first Payment Date, as of the Funding Date) minus the sum of (i) the amount of all principal distributions actually made to such Class on the current Payment Date and (ii) the Adjustment Amount for such Class on the current Payment Date. In no event will the Adjusted Principal Amount of any Class exceed the Principal Amount of such Class or be a number less than zero. On the Funding Date, the Adjusted Principal Amount of any Class is equal to the Initial Principal Amount of such Class.

Adjusted Principal Amount means, on any date of determination, the excess of the Principal Amount over the Distribution Account Balance at the end of such date of determination.

Adjusted Principal Amount means, for each $1,000 Original Principal Amount of the Debentures, as of any date of determination, $1,000 minus any and all Extraordinary Additional Distributions and any Rate Maintaining Adjustments made in respect of such Original Principal Amount pursuant to Section 2.03; provided, however, that in no event shall the Adjusted Principal Amount of a Debenture be reduced to an amount that is less than $0.00.

Adjusted Principal Amount means, on any Payment Date and for any Class of Notes, the Principal Amount of such Class as of the prior Payment Date (or, with respect to the first Payment Date, as of the Closing Date) minus the sum of (i) the amount of all principal distributions actually made to such Class on the current Payment Date and (ii) the Adjustment Amount for such Class on the current Payment Date. In no event will the Adjusted Principal Amount of any Class exceed the Principal Amount of such Class or be a number less than zero. On the Closing Date, the Adjusted Principal Amount of any Class is equal to the Initial Principal Amount of such Class.

Adjusted Principal Amount of the Notes is an amount equal to the “Adjusted Notional Amount” of the Charged Agreement.