Excess Principal Amount definition

Excess Principal Amount means, as of any Distribution Date, an amount of Interest Collections applied in reduction of the Outstanding Principal Balance of any class of Offered Notes on such Distribution Date pursuant to clause 9 of Section 7.05(a) plus the amount of any Liquidation Proceeds distributed on such Distribution Date in accordance with Section 7.05(b)(I) or Section 7.05(b)(II) on such Distribution Date
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Excess Principal Amount as defined in Section 1.4(a).
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Excess Principal Amount contained in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:
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Examples of Excess Principal Amount in a sentence

  • If a Holder shall have elected the first option pursuant to the immediately preceding sentence and the Company shall have failed to obtain the Shareholder Approval on or prior to the 90th day after such request, then within three (3) days of such 90th day, the Company shall pay cash to such Holder an amount equal to Excess Principal Amount (and accrued and unpaid interest thereon).

  • The outstanding principal amount of Unsecured Debentures shall be reduced by the Excess Principal Amount upon the Holder's receipt of the Excess Principal Amount pursuant to the terms hereof.

  • If a Holder shall have elected the first option pursuant to the immediately preceding sentence and the Company shall have failed to obtain the Shareholder Approval on or prior to the 60th day after such request, then within three (3) days of such 90th day, the Company shall pay cash to such Holder an amount equal to Excess Principal Amount (and accrued and unpaid interest thereon).

  • The New Note or New Notes delivered by Boise pursuant to this Section shall be dated so that there will be no loss of interest on the Excess Principal Amount.

  • The outstanding principal amount of Debentures and the amount of accrued and unpaid Premium thereon, shall be reduced upon the Holder's receipt of the Excess Principal Amount (plus accrued and unpaid Premium thereon) pursuant to the terms hereof.

  • The outstanding principal amount of the Debentures shall be reduced by the Excess Principal Amount upon the Holder's receipt of the Excess Principal Amount pursuant to the terms hereof.

  • The outstanding principal amount of Debentures shall be reduced by the Excess Principal Amount upon the Holder's receipt of the Excess Principal Amount pursuant to the terms hereof.

  • Then it had the four psychological scales (GSE, CEI-II, Subjective Vitality and Psychological Empowerment) in real-life perspective.

  • Excess Principal Amount Sharing.........................................................

  • If a Holder shall have elected the first option pursuant to the immediately preceding sentence and the Company shall have failed to obtain the Shareholder Approval on or prior to the 90th day after such request, then within three (3) days of such 90th day, the Company shall pay cash to such Holder an amount equal to Excess Principal Amount (and accrued and unpaid dividends thereon).


More Definitions of Excess Principal Amount

Excess Principal Amount the meaning set forth in Section 2.5(c). Expense Reimbursement: the meaning set forth in Section 8.3(a). Escrow Account: the meaning set forth in Section 2.8. Escrow Agent: the meaning set forth in Section 2.8. Escrow Agreement: the meaning set forth in Section 2.8 Escrow Amount: the meaning set forth in Section 2.4. Estimated Net Working Capital: the meaning set forth in Section 2.4(b). Excess Principal Amount: the meaning set forth in Section 2.5(c). Excluded Assets: the meaning set forth in Section 1.2. Excluded Liabilities: the meaning set forth in Section 1.4. Final Closing Balance Sheet: the meaning set forth in Section 2.5(b). Final Net Working Capital Amount: the meaning set forth in Section 2.5(c). Financial Statement: the meaning set forth in Section 3.4. 505(b)(2): any pending or approved applications filed under Sections 505(b)(2) or 505(j) of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. Sections 355(b)(2) and 355(j), respectively). GAAP: the meaning set forth in Section 2.5(a). Governmental Authority: any governmental or regulatory authority, agency, court, commission or other entity, domestic or foreign. Governmental Entity: a domestic or foreign national, federal, state, provincial or local governmental, regulatory or administrative authority, department, agency, commission, court, tribunal, arbitral body, or self-regulated activity. Hazardous Substances: any substance that: (i) is or contains asbestos, urea formaldehyde insulation, polychlorinated biphenyls, petroleum or petroleum products, radon gas, microbiological contamination or related materials, (ii) requires investigation or remedial action pursuant to any Environmental Law, or is defined, listed or identified as a "hazardous waste," "hazardous substance," "toxic substance" or words of similar import thereunder, or (iii) is regulated under any Environmental Law. ICC: ICC Industries, Inc., a New York corporation. Intellectual Property: all trademarks, service marks, trade names, trade dress, logos, slogans, and general intangibles of like nature, including all goodwill associated with the foregoing, domain names and registrations and applications to register or renew the registration of any of the foregoing (collectively, "Trademarks"), copyrights, designs, Software, Internet Web sites, mask works and other semiconductor chip rights, and similar rights and registrations and applications to register or renew the registration of any of the foregoing (collectively, "Copyrights"),...
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Excess Principal Amount means the excess, if any, of (a) the amount of any repayment or prepayment (in whole or in part) received by the Borrower from or on behalf of the related Obligor in connection with, or purchase price paid by a third party (which may be an Affiliate of the Borrower) for all or a portion of, a Pledged Mortgage Asset over (b) the amount the Borrowers are required to pay to the Lender in connection with such repayment, prepayment or release in accordance with Section 2.5(b)(vi).”
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Excess Principal Amount means the difference (if positive) between the amount of any principal payment or prepayment received from an Obligor with respect to a Pledged Mortgage Asset and the Release Amount for such Pledged Mortgage Asset.”
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Excess Principal Amount the meaning set forth in Section 2.5(c). Excluded Assets: the meaning set forth in Section 1.2. Excluded Liabilities: the meaning set forth in Section 1.4. Final Closing Balance Sheet: the meaning set forth in Section 2.5(b). Final Net Working Capital Amount: the meaning set forth in Section 2.5(c). Financial Statement: the meaning set forth in Section 3.4. 505(b)(2): any pending or approved applications filed under Sections 505(b)(2) or 505(j) of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. Sections 355(b)(2) and 355(j), respectively). GAAP: the meaning set forth in Section 2.5(a). Governmental Authority: any governmental or regulatory authority, agency, court, commission or other entity, domestic or foreign. Governmental Entity: a domestic or foreign national, federal, state, provincial or local governmental, regulatory or administrative authority, department, agency, commission, court, tribunal, arbitral body, or self-regulated activity. Hazardous Substances: any substance that: (i) is or contains asbestos, urea formaldehyde insulation, polychlorinated biphenyls, petroleum or petroleum products, radon gas, microbiological contamination or related materials, (ii) requires investigation or remedial action pursuant to any Environmental Law, or is defined, listed or identified as a "hazardous waste," "hazardous substance," "toxic substance" or words of similar import thereunder, or (iii) is regulated under any Environmental Law. ICC: ICC Industries, Inc., a New York corporation. Intellectual Property: all trademarks, service marks, trade names, trade dress, logos, slogans, and general intangibles of like nature, including all goodwill associated with the foregoing, domain names and registrations and applications to register or renew the registration of any of the foregoing (collectively, "Trademarks"), copyrights, designs, Software, Internet Web sites, mask works and other semiconductor chip rights, and similar rights and registrations and applications to register or renew the registration of any of the foregoing (collectively, "Copyrights"), patents and patent applications (collectively, "Patents"), Trade Secrets, ANDAs, and all similar intellectual property and proprietary rights and rights under licenses and agreements related thereto.
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Excess Principal Amount the meaning set forth in Section 2.5(c).
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Excess Principal Amount the meaning set forth in Section 2.5(c). Expense Reimbursement: the meaning set forth in Section 8.3(a).
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Related to Excess Principal Amount

  • 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.

  • 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.

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

  • Class P Principal Amount As of the Closing Date, $100.

  • Class B-6 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Monthly Principal Amount means, for each Payment Date, starting with the Payment Date in the month following the month in which (a) the Controlled Accumulation Period starts, an amount equal to the lesser of (i) the Controlled Deposit Amount for that Payment Date, and (ii) the Adjusted Invested Amount on that Payment Date, or (b) the Early Amortization Period starts, the Adjusted Invested Amount on that Payment Date.

  • 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.

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Maximum Principal Amount the meaning set forth in Section 2.1(a).

  • 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.

  • 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.

  • 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.

  • Class B-4 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • 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.

  • 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.

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

  • Class B-3 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • PO Formula Principal Amount As to any Distribution Date, the sum of the applicable PO Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each Mortgage Loan on the related Due Date, (b) the Stated Principal Balance of each Mortgage Loan that was repurchased by the Seller or the Master Servicer pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans 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 that became a Liquidated Mortgage Loan during the month preceding the calendar month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received during the month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received during the related Prepayment Period.

  • Class A-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum as to each Outstanding Mortgage Loan, of the product of (x) the PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class A Non-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan, and (y) the sum of:

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

  • Class B-2 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • 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.

  • Class B-1 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • 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.

  • Substitution Principal Amount With respect to any Mortgage Loan substituted in accordance with Section 2.02 or pursuant to Section 2.03, the excess of (x) the unpaid principal balance of the Mortgage Loan which is substituted for over (y) the unpaid principal balance of the Substitute Mortgage Loan, each balance being determined as of the date of substitution.