Examples of Aggregate Outstanding Loan Principal Amount in a sentence
Principal Deficiency Trigger Event "Principal Deficiency Trigger Event" shall mean theAggregate Outstanding Note Principal Amount as at any Payment Date, having given effect to any payments of principal that would be made on such Payment Date assuming no Principal Deficiency Trigger Event has occurred as of such date, minus the Aggregate Outstanding Loan Principal Amount as at such Payment Date is greater than NOK 317,177,160.
As at the date of this announcement, the aggregate outstanding loan principal amount (comprising S$13.00 million from the S$13M Jit Sun Loan and approximately S$10.12 million from the S$15M Jit Sun Loan) amounts to approximately S$23.12 million (the "Aggregate Outstanding Loan Principal Amount").
The Aggregate Outstanding Loan Principal Amount will accordingly be reduced to approximately S$10.12 million.
Overcollateralisation represents the amount by which the Aggregate Outstanding Loan Principal Amount of the Entrusted Loan Receivables minus the Yield Supplement Overcollateralisation Amount (the "Adjusted Pool Balance") exceeds the Aggregate Outstanding Note Principal Amount of the Notes.
Based on the Aggregate Outstanding Loan Principal Amount, the exercise of the S$13M Loan Convertibility Option and the S$15M Loan Convertibility Option by Jit Sun would result in the issue of up to 210,181,818 Jit Sun Shares, the value of which represents approximately 122.33% of the Group’s audited NTA as at 30 June 2014.
Accordingly, upon the completion of the Proposed Acquisition, the Aggregate Outstanding Loan Principal Amount will be fully repaid.
As of any Payment Date following the respective Determination Date on which the Aggregate Outstanding Loan Principal Amount is reduced to less than 10 per cent.