Deferred Principal Amount definition

Deferred Principal Amount. For the Class A-P Certificates, the cumulative amount of current Realized Losses allocated to such Class on prior Distribution Dates, minus all amounts reimbursed from amounts otherwise payable on the Subordinate Certificates.

Deferred Principal Amount. With respect to any Distribution Date and to any Class of Subordinate Certificates, the amount, if any, by which (i) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof, together with interest thereon at the applicable Interest Rate, exceeds (ii) the sum of (a) the aggregate of amounts previously distributed on such Class in reimbursement of such amounts and (b) the amount by which the Class Principal Balance of such Class has been increased due to any Subsequent Recovery.

Deferred Principal Amount means, as at any date, the lesser of:

Examples of Deferred Principal Amount in a sentence

• The January Deferred Principal Amount shall continue to accrue interest from the date of the Tenth Amendment until paid in full at the rate of 11.78% per annum, with such interest to be due and payable on the January Deferred Payment Due Date.

• The Company agrees that in connection with any payment of fees payable to the Specified Holders similar to the Deferred Principal Amount Fees, the Company shall pay to the Noteholders a pro rata amount of such payment.

• Effective upon the Effective Date, the Note shall automatically represent and evidence the Deferred Principal Amount and it shall not be necessary for the Company to provide the Holder a replacement or amended Note evidencing such Deferred Principal Amount.

• The February Deferred Principal Amount shall accrue interest from the date of this Agreement until paid in full at the rate of 11.78% per annum, with such interest to be due and payable on the February Deferred Payment Due Date.

• The March Deferred Principal Amount shall continue to accrue interest from the date of the Original Agreement until paid in full at the rate of 11.78% per annum, with such interest to be due and payable on the March Deferred Payment Due Date.

More Definitions of Deferred Principal Amount

Deferred Principal Amount. As of each Distribution Date for the Class A-1 and Class A-3 Certificates, the sum of (x) the principal portion of the Realized Losses (other than Excess Losses) allocated to such Class on such Distribution Date and prior Distribution Dates, as reduced by all amounts paid to such class in respect of a Deferred Principal Amount plus (y) accrued interest on all such outstanding amounts at the applicable Remittance Rate; provided, however, (1) the aggregate of Deferred Principal Amounts and Discount Fractional Principal Shortfalls for any Distribution Date may not exceed the Subordinate Principal Amount for such Distribution Date, (2) any shortfall in amounts available to pay Deferred Principal Amounts on any Distribution Date will be allocated pro rata among such Classes on the basis of their Deferred Principal Amounts, (3) any amounts distributed to a Class of Certificates in respect of a Deferred Principal Amount will not cause a reduction in the Class Principal Balance thereof, and (4) following the Credit Support Depletion Date, no Deferred Principal Amounts will be calculated or distributable.

Deferred Principal Amount has the meaning set forth in Section 3.15(c).

Deferred Principal Amount means, with respect to each monthly repayment of the Amortization Debt occurring on or after the Second Amendment Effective Date but prior to January 1, 2004, the excess, if any, of (x) $4,958,333 minus (y) the actual amount of such repayment; it being understood and agreed that each occurrence of such an excess will create a new and independent Deferred Principal Amount. As used in this Section 8.7(a), "Series A Deferred Principal Amount" means the Series A Note Principal Allocation times each Deferred Principal Amount. The Company agrees that in connection with any payment of fees payable to the Specified Holders similar to the Deferred Principal Amount Fees, the Company shall pay to the Noteholders a pro rata amount of such payment.

Deferred Principal Amount has the meaning set forth in SECTION 2.01(c).

Deferred Principal Amount means, for each of the Class [ ] and Class [ ] Certificates, the amount of cumulative Current Realized Losses allocated or allocable to such Class on prior Distribution Dates, minus all amounts reimbursed from amounts otherwise payable on the related Subordinate Certificates.]

Deferred Principal Amount due under the Note, which shall equal the principal amount due and outstanding under the Note after the partial principal repayment by the Borrower to the Holder on or about the Payment Date.”

Deferred Principal Amount means the principal amounts of $1,500,000 and $3,000,000 in respect of the Scheduled Repayment of Loans owed to Citibank N.A. under the Credit Agreement due on July 20, 2020 and January 20, 2021, respectively, deferred to January 20, 2022 and July 20, 2022, respectively; provided, that in the case of the Scheduled Repayment of Loans due on January 20, 2021, such payment shall only be deferred on or after the date on which the second disbursement of Peso Loans has been funded under the Peso Credit Agreement.