Principal Indebtedness definition

Principal Indebtedness means the principal amount of the entire Loan outstanding as the same may be increased or decreased, as a result of prepayment or otherwise, from time to time.

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Principal Indebtedness means the principal balance of the Loan outstanding from time to time.

Principal Indebtedness means the principal amount of the Loan outstanding from time to time.

Examples of Principal Indebtedness in a sentence

• As used herein, the “Proportional Amount” with respect to any Borrower shall equal the amount derived as follows: (a) the ratio of the aggregate amount of the Loan allocable to the Property or Properties in which such Borrower has an interest to the then outstanding Principal Indebtedness, times (b) the aggregate amount paid or payable by the Borrowers under the Loan Documents (including interest).

• The entire outstanding Principal Indebtedness, together with all interest thereon through the end of the Interest Accrual Period in which the Maturity Date falls (calculated as if such Principal Indebtedness were outstanding for the entire Interest Accrual Period) and all other amounts then due under the Loan Documents shall be due and payable by Borrower to Lender on the Maturity Date.

More Definitions of Principal Indebtedness

Principal Indebtedness means the aggregate principal amount of the Advances outstanding as adjusted by each increase (including for advances made by Lenders to protect the Collateral), or decrease in such principal amount of the Loan outstanding, whether as a result of prepayment or otherwise, from time to time.

Principal Indebtedness means at any time and from time to time during the term of this Note all advances, disbursements, expenditures, and payments made by Lender after the date of this Note pursuant to the terms of this Note or the Contract.

Principal Indebtedness means the amounts owing in respect of the Credit Agreement and any Public Indebtedness.

Principal Indebtedness means at anytime the outstanding principal indebtedness owed by the Borrower to CIBC and/or PLC under this Financing Commitment, including, without limitation, any contingent obligations or exposure of CIBC and/or PLC arising from the Sundry Options or Availments pursuant to the Swap Facility.

Principal Indebtedness means all outstanding principal amount in respect of the Facilities and all obligations (whether actual or contingent) of the Customer hereunder.

Principal Indebtedness means the principal amount of the entire Mezzanine Loan outstanding as the same may be increased or decreased, as a result of prepayment or otherwise, from time to time.

Principal Indebtedness means the aggregate principal amount of the Loan outstanding as of the date of determination.