Final Principal Amount definition
Examples of Final Principal Amount in a sentence
The Bonds shall be issued in the aggregate principal amount, shall bear interest at the rate per annum and shall have the Stated Maturity of principal set forth below: Original Interest Final Principal Amount Rate Maturity ----------------- --------- -------- Bonds $307,632,000 8.09% January 2, 2017 The Bonds shall be substantially in the form of Exhibit A hereto.
On June 2, 2026, Loan draws and accrued interest shall cease to be added to the principal balance, thereby establishing the Final Principal Amount.
Such waiver, however, will not remove UFSWQD’s obligation to make full repayment of the Final Principal Amount and all accrued interest under the Loan.
The Parties shall update the Final Allocation from time to time to reflect any further adjustments to the Final Principal Amount in a manner consistent with the manner in which such allocation was prepared.
If the Final Adjustments other than the Final Principal Amount (the "Final Other Amounts") are greater than the Closing Adjustments other than the Closing Principal Amount (the "Closing Other Amounts"), the Acquiror shall be entitled to the excess of the Final Other Amounts over the Closing Other Amounts, multiplied by sixty-two percent (62%).
To the extent that any portion of the amount by which the Final Principal Amount is more than the Estimated Principal Amount is not in dispute, then the principal amount of the Term Note shall be increased by such amount as is not in dispute.
The "Final Principal Amount" shall mean the Principal Amount as finally determined pursuant to this Section 2.10.
To the extent that any portion of the amount by which the Final Principal Amount is less than the Estimated Principal Amount is not in dispute, then the principal amount of the Term Note shall be decreased by such amount as is not in dispute.
No later than ninety (90) days following the determination of the Final Principal Amount in accordance with Clause 3.1, the Seller shall prepare and deliver to the Purchaser its determination of the Macro Allocation and Micro Allocation (the “Proposed Allocation”).
If the Final Principal Amount is less than the Closing Principal Amount, the Holder Representative shall be entitled to receive the excess of the Closing Principal Amount over the Final Principal Amount.