Bond Principal Amount definition

Bond Principal Amount. With respect to any Class of Bonds (i) on or prior to the first Payment Date, an amount equal to the aggregate initial Bond Principal Amount of such Class and (ii) as of any date of determination after the first Payment Date, the Bond Principal Amount of such Class of Bonds on the Payment Date immediately prior to such date of determination, less actual payments of principal thereon (and in the case of the Class S and Class X Bonds, less payments of Distributable Amounts, Shortfall Amounts (excluding any interest payments thereon), and Early Termination Amounts) on such prior Payment Date. Realized Losses will not be allocated to reduce Bond Principal Amounts. The initial Bond Principal Amounts are as follows: Class A-1........... $100,000,000 Class A-2........... 94,831,000 Class S............. 12,150,000 Class A-3........... 17,447,000 Class B............. 11,631,000 Class C............. 14,539,000 Class D............. 13,085,000 Class X............. 2,700,000 Class E............. 4,361,000 Class F............. 8,723,000 Class G............. 5,815,000 Class H............. 7,269,000 The initial Bond Principal Amount for the Class S Bonds is equal to the aggregate of the Class S Scheduled Payments. The initial Bond Principal Amount of the Class X Bonds is equal to the aggregate of the Class X Scheduled Payments. Upon payment in full of an Early Termination Amount, the Bond Principal Amount of the Class S or Class X Bonds, as the case may be, will be reduced to zero.
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Bond Principal Amount. Bond Register" "Bond Registrar" "Book-Entry Bond" "Grant" "Mortgage Collateral" "Mortgage File" "Outstanding" ["REMIC Administrator"] ["Startup Day"] "TIA" "Trust Estate" "Voting Rights"
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Bond Principal Amount. As to any Bond or Payment Date, the Bond Principal Amount for such Bond as of the Closing Date as reduced by all amounts previously distributed on that Bond in respect of principal and the principal portion of any Realized Losses previously allocated to that Bond. The Bond Principal Amount of a Class of Subordinate Bonds shall be additionally reduced by allocation of any Subordinate Bond Writedown Amount.
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Examples of Bond Principal Amount in a sentence

  • The Calculation Agent shall determine the Final Price with respect to the Optional Redemption Valuation Date by obtaining from the Reference Dealers firm bid prices for the sale of the Bond in an aggregate principal amount equal to the Bond Principal Amount and taking the highest of such firm bid prices (or, if only one firm bid price is received, such firm bid price).

  • Names of Bond Issue Date MaturityOutstanding Bond Principal Amount The audit of Sincere Property as at 31 December 2020 is ongoing.

  • DangerIf faults are not rectified, they can have life threatening consequences.Do not reset the burner several times in quick succession.

  • The sample size estimates for the current study are based upon the rates of clearance of warts in the previous Phase 2 study .

  • The Department pays its designated Remarketing Agent a remarketing fee for this service: Series Outstanding Bond Principal Amount In the event the bonds cannot be remarketed, they will be purchased as specified by the respective SBPA.

  • The initial Bond Principal Amount of the Class S Bonds is equal to the aggregate of the Class S Scheduled Payments.

  • The Chair of the Association shall be a member of all committees ex-officio.

  • AN ACT concerning Morgan State University – Increasing Bond Principal Amount FOR the purpose of providing that, for Morgan State University, the aggregate principal amount of bonds outstanding and the present value of capital lease payments, less the amount of any reserve fund or sinking fund requirement, may not exceed, as of the date of issue of the bonds, a certain amount; and generally relating to the bond issuance authority for Morgan State University.

  • SCHEDULE OF INCREASES OR DECREASES IN THE PRINCIPAL AMOUNT OF THE BOND OF THE FORTY-NINTH SERIES Date Amount of Increase in Principal Amount of this Bond Amount of Decrease in Principal Amount of this Bond Principal Amount of this Bond following such Increase or Decrease Signature of Authorized Signatory of the Trustee ASSIGNMENT FORM To assign this Bond, fill in the form below: (1) or (we) assign and transfer this Bond to (Insert assignee’s soc.

  • In the case of each such Class of Bonds, such interest shall accrue during each Interest Accrual Period, in accordance with Section 2.07(b) hereof, at the applicable Bond Interest Rate on the aggregate unpaid Bond Principal Amount of such Class of Bonds Outstanding immediately prior to the related Payment Date.


More Definitions of Bond Principal Amount

Bond Principal Amount. As to any Bond or Payment Date, the Bond Principal Amount for such Bond as of the Closing Date as reduced by all amounts previously distributed on that Bond in respect of principal and the principal portion of any losses previously allocated to that Bond pursuant to Section 2.15. The Bond Principal Amount of a Class of Subordinate Bonds shall be additionally reduced by allocation of any Subordinate Bond Writedown Amount.
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Bond Principal Amount means $2,600,000.00 or so much thereof as shall --------------------- be advanced pursuant to the Building Loan Contract.
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Bond Principal Amount means, in respect of a Bond and any relevant day, (unless another amount is specified as such in the relevant Pricing Supplement) the aggregate nominal amount in respect of the Series on such day (as such amount may be reduced following cancellations and/or redemptions from time to time or increased following any issuance of further Securities of the same Series), provided that such amount may be adjusted by the Calculation Agent upon the occurrence of any event falling within paragraph (b) of the definition of "Early Redemption Event", and provided further that such amount shall be adjusted correspondingly in respect of any other event which results in the reduction or the adjustment of the principal amount of such Bond, as determined by the Calculation Agent.
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Related to Bond Principal Amount

  • PO Principal Amount As to any Distribution Date and Loan Group, the sum of the applicable PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with any Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.

  • Accreted Principal Amount for the Class A-2 Certificates means for each six-month period from and including each date specified in Schedule II hereof to but excluding the next such date, the amount specified in Schedule II as the "Ending Balance" for such beginning date.

  • Class Principal Amount With respect to each Class of Certificates other than any Class of Notional Certificates, the aggregate of the Certificate Principal Amounts of all Certificates of such Class at the date of determination. With respect to each Class of Notional Certificates, zero.

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Stated Principal Amount means $1,000,000,000 or such higher amount as is specified in any Notice of Additional Issuance under Section 2.09.

  • Non-PO Principal Amount As to any Distribution Date and Loan Group, the sum of (i) the sum of the applicable Non-PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with a Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date and (f) all Principal Prepayments on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date; and (ii) the Non-PO Recovery for such Distribution Date.

  • Scheduled Principal Amount The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses Iy(i) and Iy(iv) of the definition of Class A Non-PO Optimal Principal Amount, but without such amount being multiplied by the Class A Percentage.

  • Principal amount financed means the unpaid cash price balance after deducting the down payment, adding the cost of any insurance premiums required or obtained as security for or by reason of the sale of a motor vehicle under an installment sale contract, and adding other costs necessary or incidental to the sale of the motor vehicle under the contract that the seller contracts to pay on behalf of the buyer and for the amount of which the seller agrees to extend credit to the buyer and for which the buyer contracts voluntarily.

  • Notional Principal Amount For calculating interest payments, on each Class of outstanding Interest Only MAC Notes as of any Payment Date, an amount equal to the outstanding Class Principal Balance as of such Payment Date of the portion of the related Class of Class M Notes that was exchanged for such Interest Only MAC Note.

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • Initial Principal Amount means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement.

  • Current Principal Amount With respect to any Certificate (other than an Interest Only Certificate) as of any Distribution Date, the initial principal amount of such Certificate, and reduced by (i) all amounts distributed on previous Distribution Dates on such Certificate with respect to principal, (ii) the principal portion of all Realized Losses allocated prior to such Distribution Date to such Certificate, taking account of the Loss Allocation Limitation and (iii) in the case of a Subordinate Certificate, such Certificate's pro rata share, if any, of the applicable Subordinate Certificate Writedown Amount for previous Distribution Dates. With respect to any Class of Certificates (other than an Interest Only Certificate), the Current Principal Amount thereof will equal the sum of the Current Principal Amounts of all Certificates in such Class. Notwithstanding the foregoing, solely for purposes of giving consents, directions, waivers, approvals, requests and notices, the Class R-I, Class R-II and Class R-III Certificates after the Distribution Date on which they each receive the distribution of the last dollar of their respective original principal amount shall be deemed to have Current Principal Amounts equal to their respective Current Principal Amounts on the day immediately preceding such Distribution Date.

  • Accelerated Principal Amount for a Distribution Date will equal the lesser of

  • Certificate Principal Amount With respect to any Certificate (other than an Interest-Only Certificate), at the time of determination, the maximum specified dollar amount of principal to which the Holder thereof is then entitled hereunder, such amount being equal to the initial principal amount set forth on the face of such Certificate, less (i) the amount of all principal distributions previously made with respect to such Certificate; (ii) all Realized Losses allocated to such Certificate; provided, however, that on any Distribution Date on which a Subsequent Recovery is distributed, the Certificate Principal Amount of any Class of Certificates then outstanding to which a Realized Loss amount has been applied will be increased, in order of seniority, by an amount equal to the aggregate amount of any Subsequent Recovery distributed on such date to Holders of the Certificates, after application (for this purpose) to more senior Classes of Certificates pursuant to this Agreement and (iii) in the case of a Subordinate Certificate, any Subordinate Certificate Writedown Amount allocated to such Certificates. For purposes of Article V hereof, unless specifically provided to the contrary, Certificate Principal Amounts shall be determined as of the close of business of the immediately preceding Distribution Date, after giving effect to all distributions made on such date. Interest-Only Certificates are issued without Certificate Principal Amounts.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Applicable Principal Amount means the aggregate principal amount of the Senior Notes that are components of Corporate Units.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.