Outstanding Principal Obligations definition

Outstanding Principal Obligations means, at any time, the sum of the aggregate principal amount of all Loans advanced to the Borrower outstanding and unpaid at such time and the aggregate BA Liabilities outstanding and unpaid at such time in respect of Bankers' Acceptances accepted or purchased by the Lender, all expressed in Canadian Dollars (or the U.S. Dollar Equivalent thereof), with any amount thereof denominated in another currency to be expressed in Canadian Dollars at the Canadian Dollar Equivalent or the U.S. Dollar Equivalent at such time of such amount;

Outstanding Principal Obligations means at any time the sum of the aggregate principal amount of all Loan Advances outstanding and unpaid at such time.

Outstanding Principal Obligations means, at any time, the aggregate principal amount advanced by the Lender to the Borrower and outstanding under the Facility at such time;

Examples of Outstanding Principal Obligations in a sentence

• The Agent shall deliver to any Lender, after receipt by the Agent of a written request by such Lender therefor, an accounting which discloses the amount of the Outstanding Principal Obligations then owing by the Borrower provided that no such request shall be made more than once a month.

• All Outstanding Principal Obligations relating to U.S. Base Rate Loans and LIBOR Loans together with all interest relating thereto shall accrue and be payable by the Borrower in U.S. Dollars.

• All Outstanding Principal Obligations relating to Prime Rate Loans and BA Advances together with all interest and fees and other Obligations relating thereto shall accrue and be payable by the Borrower in Canadian Dollars.

• Subject to the terms and conditions of this Agreement, any repayment or prepayment made on account of Outstanding Principal Obligations under the Revolving Tranche shall not constitute a permanent reduction in the Outstanding Principal Obligations under the Revolving Tranche or the Term Revolving Tranche Commitments and may be borrowed, repaid and reborrowed under the Revolving Tranche at any time and from time to time during the Credit Facility Term.

• The payment by the Borrower of such Compensating Amount is not, and shall not be deemed to be or construed as, a repayment on account of any Outstanding Principal Obligations.

More Definitions of Outstanding Principal Obligations

Outstanding Principal Obligations means, at any time, the aggregate principal amount of all Advances made by the Holder to the Issuer hereunder, outstanding at such time;

Outstanding Principal Obligations means, at any time, the sum of the aggregate principal amount of all Loans advanced to the Borrower outstanding and unpaid at such time and the aggregate BA Liabilities outstanding and unpaid at such time in respect of Bankers’ Acceptances accepted or purchased by the Lender, all expressed in Canadian Dollars (or the U.S. Dollar Equivalent thereof), with any amount thereof denominated in another currency to be expressed in Canadian Dollars at the Canadian Dollar Equivalent or the U.S. Dollar Equivalent at such time of such amount;

Outstanding Principal Obligations means, at any time, the sum of the aggregate principal amount of all Prime Rate Loans advanced to the Borrower outstanding and unpaid at such time and the aggregate Bankers' Acceptance Liabilities outstanding and unpaid at such time;

Outstanding Principal Obligations means at any time the sum of the aggregate principal amount of all Loan Advances outstanding and unpaid at such time. Phoenix Capital Group Holdings, LLC NATDOCS\70362498\V-8

Outstanding Principal Obligations means, at any time, the aggregate principal amount of the Advances made by the Lender to the Borrower hereunder, outstanding at such time;

Outstanding Principal Obligations means, at any time, the principal amount of the Loan advanced less any and all repayments of principal made to the Secured Party in accordance with this Debenture;

Outstanding Principal Obligations means, at any time, the sum of (i) the aggregate principal amount of all Advances made by the Lender outstanding at such time; (ii) the aggregate Face Amount of all outstanding Letters of Credit; (iii) the aggregate Face Amount of all outstanding Trade Letters of Credit accepted by the Lender; and (iv) the aggregate Face Amount of all outstanding Bankers' Acceptances and completed Drafts which the Lender has purchased or arranged to have purchased."