Initial Principal Amount definition

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.

Initial Principal Amount means, when used in the context of a reference to an individual Class of Notes, the initial principal amount applicable to such Class as defined above.

Initial Principal Amount shall have the meaning ascribed to such term in the introductory paragraph of this Note.

Examples of Initial Principal Amount in a sentence

• The Series 2024-1 Class M-2 Notes may be offered and sold in the applicable Series 2024-1 Class M-2 Initial Principal Amount on the Series 2024-1 Closing Date by the Issuer.

• The aggregate Initial Principal Amount of Notes that may be authenticated and delivered under this Indenture is initially limited to $200,000,000, subject to Section 2.10 and except for Notes authenticated and delivered upon the issuance of PIK Notes or registration or transfer of, or in exchange for, or in lieu of other Notes to the extent permitted hereunder.

• The Series 2024-1 Class A-2-II Notes may be offered and sold in the applicable Series 2024-1 Class A-2-II Initial Principal Amount on the Series 2024-1 Closing Date by the Issuer.

• The Series 2024-1 Class A-2-I Notes may be offered and sold in the applicable Series 2024-1 Class A-2-I Initial Principal Amount on the Series 2024-1 Closing Date by the Issuer.

• The aggregate Initial Principal Amount of Notes that may be authenticated and delivered under this Indenture is initially limited to $11,000,000, subject to Section 2.10 and except for Notes authenticated and delivered upon the issuance of PIK Notes or registration or transfer of, or in exchange for, or in lieu of other Notes to the extent permitted hereunder.

More Definitions of Initial Principal Amount

Initial Principal Amount in relation to each Note means the initial face principal amount of that Note upon issue of the relevant Global Note relating to that Note.

Initial Principal Amount of any Note means the principal amount of such Note at the time of original issuance of such Note. For the avoidance of doubt, the “Initial Principal Amount” of each minimum denomination of Notes on their issue date shall be $1.00.

Initial Principal Amount means, as to any Purchaser, the principal amount of the Note of such Purchaser set forth on Schedule I.

Initial Principal Amount means, in respect of a Series of Additional Tier 1 Notes, or as the case may be, a Written-Down Additional Tier 1 Instrument, the principal amount of such Additional Tier 1 Notes or such Written- Down Additional Tier 1 Instrument, as at the Issue Date or the issue date of the Written-Down Additional Tier 1 Instrument, as applicable.

Initial Principal Amount means, in respect of a Senior Note, the initial principal amount attributable to such Senior Note upon issue and which is to be set out in the Register and, in respect of a Variable Funding Note, the initial principal amount attributable to such Variable Funding Note upon issue which is to be set out in the FCT Register.

Initial Principal Amount of any Note means the principal amount of such Note at the time of original issuance of such Note. For the avoidance of doubt, the “Initial Principal Amount” of each minimum denomination of Notes on the Issue Date shall be $1.00.

Initial Principal Amount means $8.2378 initial principal amount per Note.