Note Principal Payment definition

Note Principal Payment means the principal amount redeemable from time to time on each Note in accordance with the Conditions;

Note Principal Payment has the meaning indicated in Condition 5(C);

Note Principal Payment means, on any Interest Payment Date:

Examples of Note Principal Payment in a sentence

• Payment of Priority Note Principal Payment Amount From Reserve Account $ -- 6.

• If no Note Principal Payment is due to be made on the Notes in relation to any class on any Notes Payment Date, a notice to this effect will be given to the Noteholders in accordance with Condition 20 (Notices) by not later than three Business Days prior to such Notes Payment Date.

• Priority Note Principal Payment Amount From Available Funds $ -- 5.

• Payment of Class A-1 Principal Distribution Amount from Priority Note Principal Payment Account $ -- 6.

• Each calculation by or on behalf of the Issuer of any Note Principal Payment, the Principal Amount Outstanding and the Notional Principal Amount Outstanding of a Note of each Class shall in each case (in the absence of any wilful default, fraud, illegal dealing, negligence or material breach of any agreement or breach of trust by such person and/or manifest error) be final and binding on all persons.

More Definitions of Note Principal Payment

Note Principal Payment has the meaning set out in Condition 5.3 (Note Principal Payments and Principal Amount Owing);

Note Principal Payment means the amount of each principal payment payable on each Issuer Note;

Note Principal Payment has the meaning given to such term in Notes Condition 5(c) (Note Principal Payments, Principal Amount Outstanding and Pool Factor);

Note Principal Payment means the note principal amount of each note as determined in accordance with Condition 5(C) (Note Principal Payments, Principal Amount Outstanding and Pool Factor);

Note Principal Payment has the meaning given to it in Condition 7(b)(iii) (

Note Principal Payment. ’ means, on any Note Payment Date:

Note Principal Payment. With respect to each Payment Date and each Note, the amount of principal then due as set forth under the heading “Principal” on a Schedule to such Note, plus all amounts remaining in the Issuer Collection Account after the distributions described in clauses (i)-(v) of Section 14.1(a) of the Security Agreement have been made with respect to any Receivables deposited to the Issuer Collection Account in the related Collection Period derived from a Material License Agreement securing such Note as to which a Renewal Trigger Event has occurred.