Prepaid Principal definition

Prepaid Principal means, with respect to any Term Loan, the principal amount of such Term Loan that is to be prepaid.

Prepaid Principal means, the principal of the Loans prepaid, repaid or refinanced during the “no call period” set forth in Section 2.04(a) or which has been declared to be immediately due and payable pursuant to Section 8.02 during such “no call period”, but excluding such principal constituting the Permitted No-Call Prepayment or any mandatory prepayment pursuant to Section 2.04(b) or (c).

Prepaid Principal means, with respect to this Note, the principal of such Note that is to be prepaid, whether voluntarily by the Company or subject to demand by the Holder.

Examples of Prepaid Principal in a sentence

• Compute the amount of interest (“Investment Interest”) that would be earned on the Prepaid Principal Amount (adjusted to include any applicable amortization) if invested in a United States Treasury Note with a term equivalent to the Remaining Term, calculated on the basis of a 30-day month/360-day year.

• Compute the amount of interest (“Loan Interest”) that would have been due on the Prepaid Principal Amount at the applicable Fixed Rate for the period from the prepayment date through the end of the Fixed Rate Term (such period is hereinafter referred to as the “Remaining Term”), calculated on the basis of a 30-day month/360-day year, adjusted to include any amortization of principal in accordance with the amortization schedule that would have been in effect for the Prepaid Principal Amount.

• Compute the amount of interest (" Investment Interest") that would be earned on the Prepaid Principal Amount (adjusted to include any applicable amortization) if invested in a United States Treasury Note with a term equivalent to the Remaining Term, calculated on the basis of a 30-day month/360-day year.

• Compute the amount of interest (" Loan Interest") that would have been due on the Prepaid Principal Amount at the applicable CFC Fixed Rate for the period from the prepayment date through the end of the CFC Fixed Rate Term (such period is hereinafter referred to as the "Remaining Term"), calculated on the basis of a 30-day month/360-day year, adjusted to include any amortization of principal in accordance with the amortization schedule that would have been in effect for the Prepaid Principal Amount.

• The Prepaid Principal Amount (as defined below) will be applied to the LIBOR Option Advance being prepaid as Bank shall determine in its sole discretion.

More Definitions of Prepaid Principal

Prepaid Principal as defined in the definition of the term "Makewhole Amount."

Prepaid Principal. Reference Rate", "Statistical Release" or "Treasury Rate"), (C) change the percentage of holders of Notes required to accelerate the Notes, or (D) modify any provision of this Section, and

Prepaid Principal means, with respect to any Term Note, the principal of such Term Note that is to be prepaid pursuant to Section 2.9 or 2.10 or has become or is declared to be immediately due and payable pursuant to Article VII, as the context requires.

Prepaid Principal has the meaning set forth in Section 2.5(b) hereof.

Prepaid Principal means, with respect to any prepayment, the principal amount of the principal being prepaid.

Prepaid Principal shall have the meaning provided in Section 3.1(b).

Prepaid Principal means, the principal of the Loans prepaid, repaid or refinanced during the No Call Period (other than principal prepaid or repaid which is a Permitted No-Call Prepayment or is required to be made (and not otherwise waived by the Required Lenders) pursuant to Section 2.04(b), 2.04(c), or 2.04(d)) and/or the principal of the Loans which have been declared to be immediately due and payable pursuant toSection 8.02 during such No Call Period.