Principal Debt definition

Principal Debt means, at any time, the unpaid principal balance of all Borrowings.

Principal Debt means the aggregate unpaid principal balance of this Note at the time in question.

Principal Debt means the deferred amount to which interest, fees and charges are added;

Examples of Principal Debt in a sentence

• If all or a portion of the Term Loan Principal Debt is paid or prepaid, then the amount so paid or prepaid may not be reborrowed.

• Administrative Agent shall determine each interest rate applicable to the Principal Debt in accordance with this Agreement and its determination thereof shall be conclusive in the absence of manifest error.

• The Total Principal Debt is due and payable on the Termination Date.

• The selling Lender shall remain solely responsible for the performance of its obligations under the Loan Papers and shall remain the holder of its share of the Principal Debt for all purposes under this Agreement.

• Lender shall determine each interest rate applicable to the Principal Debt in accordance with this Note and its determination thereof shall be conclusive in the absence of manifest error.

More Definitions of Principal Debt

Principal Debt means, at any time of determination thereof, the aggregate unpaid principal balance of all Loans.

Principal Debt means the amount calculated in accordance with section

Principal Debt means, at the time determined, the unpaid principal balance of all Advances under this Agreement.

Principal Debt means in relation to

Principal Debt means all amounts owing to us by the Cardholder;

Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Borrowings under this Agreement.

Principal Debt means, as of any date, the sum of the outstanding principal balance of all outstanding Borrowings hereunder as of such date.