Initial Outstanding Principal Balance definition
Examples of Initial Outstanding Principal Balance in a sentence
Amount Calculated at Servicer’s Authorized Rate of Return on Equity on the Amount Contributed to the Capital Subaccount in Excess of 0.5% of the Initial Outstanding Principal Balance of the Bonds Released to Issuer NA xi.
If an employee is subpoenaed as an Employer witness, he shall not suffer any loss of pay for work time lost thereby.
The Notes shall be issued upon initial issuance as one or more Notes in an aggregate original principal amount equal to the Initial Outstanding Principal Balance or, in the case of any Revolving Note, in its applicable Stated Amount.
Except for the class E Note Primary Interest Amount which will be paid at a rate of 15.0% per annum multiplied by the Initial Outstanding Principal Balance of the subclass E-1 notes on the Closing Date, no interest is payable on subclass E-1 notes until all of the interest, principal and premium, if any, on the other notes have been repaid in full.
The Notes shall be issued upon initial issuance as one or more Notes in an aggregate original principal amount equal to the Initial Outstanding Principal Balance or, in the case of any Variable Funding Note, in its applicable Stated Amount.