Prepaid Principal Amount definition

Prepaid Principal Amount means all or any part of the outstanding principal of an Advance bearing interest at the Fixed Rate paid prior to the expiration of the Fixed Rate Term applicable thereto.

Prepaid Principal Amount means the principal amount which is repaid prior to the due date.

Prepaid Principal Amount as defined in Section 2.3(a) of this Agreement.

Examples of Prepaid Principal Amount 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 Amount

Prepaid Principal Amount. For each Due Period, all amounts allocable to principal that are received in respect of any Loan for which either (i) a Loan Prepayment Fee is due or (ii) the Repurchase Price is received and such Repurchase Price includes an amount attributable to clause (c) of the definition of Repurchase Price.

Prepaid Principal Amount means the principal balance of the COF Lending Rate Loans that Borrowers have elected to prepay, or the amount of the principal balance of the COF Lending Rate Loans that Borrowers must prepay because of acceleration, as the case may be.

Prepaid Principal Amount means all or any part of the outstanding principal of an Advance with a CFC Fixed Rate paid more than sixty (60) days prior to the expiration of the CFC Fixed Rate Term.

Prepaid Principal Amount means, with respect to any Term Loan(s), the principal amount of such Term Loan(s) the prepayment of which requires payment of the Yield Maintenance Premium pursuant to Section 2.03(b).

Prepaid Principal Amount the principal loan amount repaid prior to the repayment date thereof, and in case of an installment loan, this includes the principal loan amount repaid prior to the repayment date designated in respect of each installment.

Prepaid Principal Amount has the meaning set forth in the definition of “Make Whole Premium.”

Prepaid Principal Amount means the unpaid principal amount of the Note together with any fees, charges and/or expenses due in connection therewith other than interest.