Principal Outstanding definition

Principal Outstanding means at any time the aggregate principal amount of all outstanding Funding Portions at that time;

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Principal Outstanding means the remaining unpaid principal outstanding under this Lease as specified on Exhibit “C” attached hereto.

Principal Outstanding means, at any time, the total principal amount of the Advance at that time.

Examples of Principal Outstanding in a sentence

• Principal Outstanding Means the principal amount of the Credit outstanding as on the date of occurrence of the event/ date of loss less the portion of principal component included in the EMIs payable but not paid from the date of the Credit agreement till the date of the Insured Event/s.

• The Trustee may not, and the Manager must not direct the Trustee to, prepay all or any part of the Redraw Principal Outstanding except as set out in this agreement and in accordance with the Supplementary Terms Notice and the Security Trust Deed.

• Subject to clause 7.3, if directed by the Manager, the Trustee must prepay all or part of the Redraw Principal Outstanding with the consent of the Redraw Facility Provider and on at least 5 Business Days' notice.

• If following the Final Repayment Date, any Redraw Principal Outstanding or Carryover Redraw Charge Off or interest thereon has not been repaid after the distribution of all Assets of the Trust in accordance with the Supplementary Terms Notice, that Redraw Principal Outstanding or Carryover Redraw Charge Off or interest and any other amounts due hereunder will be cancelled and the Trustee will have no further obligation to pay that amount under this agreement.

• The Trustee shall, at the direction of the Manager, repay the Redraw Principal Outstanding on each Payment Date and at the end of the Term, to the extent that amounts are available for that purpose under clause 5.4(c)(iv) of the Supplementary Terms Notice.

More Definitions of Principal Outstanding

Principal Outstanding means the principal amount of the Loan outstanding as on the date of occurrence of Insured Event less the portion of principal component included in the EMIs payable but not paid from the date of the loan agreement till the date of the Insured Event/s. For the purpose of avoidance of doubt, it is clarified that any EMIs that are overdue and unpaid to the Bank prior to the occurrence of the Insured Event will not be considered for the purpose of this Policy and shall be deemed as paid by the Insured.

Principal Outstanding means, at any time, the amount equal to:

Principal Outstanding means the aggregate principal amount of all outstanding Segments.

Principal Outstanding means the total principal amount of all outstanding Loans.

Principal Outstanding means, at any time, the total principal amount of all outstanding Redraw Advances at that time less the Carryover Redraw Charge Offs at that time.

Principal Outstanding means the Face Value less any principal redeemed in accordance with these Terms of Issue.

Principal Outstanding means, in respect of any Total Return Security referenced in a TRS Transaction and any Business Day, the product of: