Note Principal Amount Outstanding definition

Note Principal Amount Outstanding means, in relation to a Series of Notes on any day, the principal amount of such Note upon issue as reduced by all amounts paid prior to such date on such Series of Notes in respect of principal.
Sample 1Sample 2Sample 3
Note Principal Amount Outstanding means, in relation to a Note on any day, the principal amount of such Note upon issue as reduced by all amounts paid prior to such date on such Note in respect of principal.
Sample 1Sample 2Sample 3
Note Principal Amount Outstanding means, in relation to a Note on any day, the principal amount of such Note upon issue as reduced by all amounts paid prior to such date on such Note in respect of principal;
Sample 1Sample 2

Examples of Note Principal Amount Outstanding in a sentence

  • Thereafter, payments on each Series of Class B Notes will be made from any amounts remaining from the Available Distribution Amount after the payment of principal on each Series of Class A Notes until the Note Principal Amount Outstanding of each Series of Class B Notes equals the Class B Targeted Note Balance.

  • Payments of interest in respect of each Note shall be made on the Note Principal Amount Outstanding of such Note.

  • However, if on any Calculation Date the amounts standing to the credit of the Class A1 Cash Accumulation Ledger exceed the amount required to fully pay the Aggregate Note Principal Amount Outstanding of the Class A1 Notes on the immediately following Payment Date, such excess shall be available on such Payment Date for application towards payment of other items in the applicable Priority of Payments.

  • Thereafter, payments of principal on each Series of Class B Notes will be made from any amounts remaining from the Available Distribution Amount after the payment of principal on each Series of Class A Notes until the Note Principal Amount Outstanding of each Series of Class B Notes equals the Targeted Remaining Class B Note Balance.

  • Class A Targeted Aggregate Discounted Receivables Balance means (a) the Note Principal Amount Outstanding of all Class A Notes divided by (b)(i) 100 per cent.

  • Except to the extent previously redeemed and cancelled as provided in the Note Conditions, the Issuer shall redeem the Notes in each Class at their Note Principal Amount Outstanding on the Final Maturity Date together with any accrued (and unpaid) interest up to (and including) the Final Maturity Date.

  • Subject to the limitations set forth in Condition 3.2 ( Limited Recourse) and, in particular, subject to the Pre-Enforcement Priority of Payments and, following the delivery of an Enforcement Notice, the Post-Enforcement Priority of Payments, the Notes shall bear interest on the applicable Note Principal Amount Outstanding from the Closing Date until the close of the day preceding the day on which such Notes have been redeemed in full (both days inclusive).

  • Upon payment in full of the Note Principal Amount Outstanding to the Class C Noteholders, the Class C Noteholders shall not receive any further payments of interest or principal.

  • Subject to the limitations set forth in Condition 3.2 ( Limited Recourse) and, in particular, subject to the Pre-Enforcement Priority of Payments and, following the delivery of an Enforcement Notice, the Post-Enforcement Priority of Payments, each Note shall bear interest on its Note Principal Amount Outstanding from the Closing Date until the close of the day preceding the day on which such Note has been redeemed in full (both days inclusive).

  • Upon payment in full of the Note Principal Amount Outstanding to the Class B Noteholders and the Class C Noteholder, the Class B Noteholders and the Class C Noteholder shall not receive any further payments of interest or principal.

Related to Note Principal Amount Outstanding

  • Principal Amount of this Note at any time means (1) if this Note is a Discount Note (as hereinafter defined), the Amortized Face Amount (as hereinafter defined) at such time (as defined in Section 3(c) on the reverse hereof) and (2) in all other cases, the Principal Amount hereof. Capitalized terms not otherwise defined herein shall have their meanings set forth in the Indenture, dated as of the date of the Pricing Supplement (the “Indenture”), between Citibank, N.A., as the indenture trustee (the “Indenture Trustee”), and the Trust, or on the face hereof. This Note will mature on the Stated Maturity Date, unless its principal (or any installment of its principal) becomes due and payable prior to the Stated Maturity Date, whether, as applicable, by the declaration of acceleration of maturity, notice of redemption by the Trust or otherwise (the Stated Maturity Date or any date prior to the Stated Maturity Date on which this Note becomes due and payable, as the case may be, is referred to as the “Maturity Date”). A “Discount Note” is any Note that has an Issue Price that is less than 100% of the Principal Amount thereof by a percentage that is equal to or greater than 0.25% multiplied by the product of the principal amount of the Notes and the number of full years to the Stated Maturity Date. Unless otherwise specified above, the interest payable on each Interest Payment Date or the Maturity Date will be the amount of interest accrued from and including the Original Issue Date or from and including the last Interest Payment Date to which interest has been paid or duly provided for, as the case may be, to, but excluding, such Interest Payment Date or the Maturity Date, as the case may be. Unless otherwise specified above, the interest payable on any Interest Payment Date will be paid to the Holder on the Regular Record Date for such Interest Payment Date, which Regular Record Date shall be the fifteenth (15th) calendar day, whether or not a Business Day, immediately preceding the related Interest Payment Date; provided that, notwithstanding any provision of the Indenture to the contrary, interest payable on any Maturity Date shall be payable to the Person to whom principal shall be payable; and provided, further, that unless otherwise specified above, in the case of a Note initially issued between a Regular Record Date and the Interest Payment Date relating to such Regular Record Date, interest for the period beginning on the Original Issue Date and ending on such Interest Payment Date shall be paid on the Interest Payment Date following the next succeeding Regular Record Date to the Holder on such next succeeding Regular Record Date. Payments of principal of, and premium, if any, and interest and other amounts due and owing, if any, will be made through the Indenture Trustee to the account of DTC or its nominee and will be made in accordance with depositary arrangements with DTC. Unless otherwise specified on the face hereof, the Holder hereof will not be obligated to pay any administrative costs imposed by banks in making payments in immediately available funds by the Trust. Unless otherwise specified on the face hereof, any tax assessment or governmental charge imposed upon payments hereunder, including, without limitation, any withholding tax, will be borne by the Holder hereof. REFERENCE IS HXXXXX MADE TO THE FURTHER PROVISIONS OF THIS NOTE SET FORTH ON THE REVERSE HEREOF. SUCH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. Unless the certificate of authentication hereon shall have been executed by the Indenture Trustee pursuant to the Indenture, this Note shall not be entitled to any benefit under such Indenture or be valid or obligatory for any purpose.