Principal Debts definition

Principal Debts means the part of the Debts that is due to the Provider at any time in respect of principal/capital; and
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Examples of Principal Debts in a sentence

  • Therefore, as at the Benchmark Date, the net amount of Principal Debts of the Disposed Assets, net of the impairment provision made, was approximately RMB8,140 million.

  • The Bank shall transfer the principal and interest of the financial assets entitled by the borrower/debtor/financier of the Disposed Assets (the “Principal Debts”), the security debts, mortgage rights, pledge rights and other ancillary rights (the “Security Rights”) related to the Principal Debts and other rights arising or in connection thereof to Tianjin Capital Investment.

  • The Borrower declares that he is legally and unconditionally indebted to the Lender for the Principal Debts as well as the interest and charges stipulated per Schedule “A”.

  • In the event of the moneys available for distribution being insufficient to pay to each of the Joint Mortgagees the full amount of the Principal Debts and other due to each of the Joint Mortgagees, be applied Pari Passu as nearly as may be practicable towards payment to each of them first towards the Principal Debts.

  • If we consider water law reform as the other major area of public policy and economic structural reform that has utilised market mechanism then it seems the prospects for a trading scheme to address sustainability goals beyond the relatively narrow view of ‘efficiency’ will be limited.

  • If the currency of any of the Borrower’s accounts to be deducted is different from the currency in which the Principal Debts are denominated, then such deductions shall be converted pursuant to the buying rate published by the Lender on the day of deduction.

Related to Principal Debts

  • Principal Debt means, for a Lender and at any time, the unpaid principal balance of all outstanding Borrowings from such Lender hereunder.

  • Principal Obligations means the aggregate outstanding principal amount of the Loans.

  • Tranche A Notes is defined in Section 1.

  • Intercompany Indebtedness means Indebtedness of the Company or any of its Subsidiaries owing to the Company or any of its Subsidiaries.

  • Unsecured Loan means any Loan other than a Secured Loan.

  • Total loan amount means the principal of the loan minus those

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Guaranteed Liabilities means: (a) each Borrower’s prompt payment in full, when due or declared due and at all such times, of all Obligations and all other amounts pursuant to the terms of the Floorplan Credit Agreement, the Notes, and all other Loan Documents heretofore, now or at any time or times hereafter owing, arising, due or payable from any Borrower to any one or more of the Floorplan Secured Parties, including principal, interest, premiums and fees (including, but not limited to, loan fees and reasonable fees, charges and disbursements of counsel (“Attorney Costs”)); and (b) each Borrower’s prompt, full and faithful performance, observance and discharge of each and every agreement, undertaking, covenant and provision to be performed, observed or discharged by such Borrower under the Floorplan Credit Agreement, the Notes and all other Loan Documents. The Guarantors’ obligations to the Floorplan Secured Parties under this Guaranty Agreement are hereinafter collectively referred to as the “Guarantors’ Obligations” and, with respect to each Guarantor individually, the “Guarantor’s Obligations”. Notwithstanding the foregoing, the liability of each Guarantor individually with respect to its Guarantor’s Obligations shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of any applicable state law. Each Guarantor agrees that it is jointly and severally, directly and primarily liable (subject to the limitation in the immediately preceding sentence) for the Guaranteed Liabilities. The Guarantors’ Obligations are secured by various Security Instruments referred to in the Floorplan Credit Agreement, including without limitation, the Security Agreement.