Principal Debt definition
Principal Debt means the aggregate unpaid principal balance of the Loan at the time in question.
Principal Debt means, for a Lender and at any time, the unpaid principal balance of all outstanding Borrowings from such Lender hereunder.
Principal Debt means, at any time, the unpaid principal balance of all Borrowings.
Examples of Principal Debt in a sentence
For the avoidance of doubt, no amounts will be owing under this Section in connection with the prepayment of any Base Rate Principal, if applicable, or any Principal Debt bearing interest at a Daily Simple SOFR-related rate (if any).
Without limitation of the foregoing, if Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the Principal Debt or, if it exceeds such unpaid Principal Debt, refunded to Borrower.
More Definitions of Principal Debt
Principal Debt means the deferred amount to which interest, fees and charges are added;
Principal Debt means the aggregate unpaid principal balance of this Note at the time in question.
Principal Debt means the amount calculated in accordance with section 101 (1) (a);
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, on any date of determination, the aggregate unpaid principal balance of all Borrowings under this Agreement.
Principal Debt means all amounts owing to us by the Cardholder;