Principal Outstanding Amount definition

Principal Outstanding Amount means, at any time, the Dollar Equivalent of the aggregate outstanding principal amount of the Loans at such time.

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Principal Outstanding Amount means, in respect of a Bond (of the Specified Denomination) on any date, the Specified Denomination less the aggregate amount of all principal payments in respect of that Bond that have been paid and shall not include any premium paid in respect of that Bond.

Principal Outstanding Amount. Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of any occurrence or event which gives rise to a claim under the Policy, 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 such occurrence or event. i. EMIs that are overdue and unpaid to the financial institution prior to such occurrence or event, ii. any additional amounts imposed by a financial institution, or otherwise falling due as a penalty or by way of a default in repayment, will not be considered for the purpose of this Policy and shall be payable by the Insured Person.

Examples of Principal Outstanding Amount in a sentence

Upon any claim becoming payable under this Policy, the same shall be paid by Us to the financial institution as specified in the Certificate of Insurance, without any reference/ notice to the Insured Person, but not exceeding the Principal Outstanding Amount which is due to the financial institution on the date that the claim becomes payable.
Any prepayment notice delivered to the Agent shall specify the Prepayment Date, the Type of Loan, the amount of the prepayment, which amount shall be in an aggregate principal amount of not less than the Dollar Equivalent of USD 1,000,000 or, if less, the Principal Outstanding Amount.
The Borrower hereby unconditionally further agrees to pay interest on the Principal Outstanding Amount from the relevant Disbursement Date of each Loan until the payment in full thereof at the rates per annum, and on the dates, set forth in Section 2.6 (Interest Rate).
So long as the Principal Outstanding Amount is greater than zero, the Reinsurer shall promptly deliver, or cause to be delivered, to the Ceding Insurer copies of all reports and notices given or received by the Reinsurer under the Basic Documents (including Available Information), except for reports and notices given or received under this Agreement.
Except with respect to any clawback rights the Company may have with respect to equity or incentive awards under the Equity Plans, no amount owing to you under this Separation Agreement shall be subject to set-off or reduction by reason of any claims that the Company and its subsidiaries and affiliates have or may have against you.
By___________________________ Title________________________ TRANSACTIONS ON BID RATE LOAN NOTE Amount of Principal Outstanding Amount of or Interest Principal Loan Made Paid Balance Notation Date This Date This Date This Date Made By EXHIBIT IX [FORM OF] OVERDRAFT AGREEMENT This OVERDRAFT AGREEMENT is dated as of November 19, 1996 and entered into by and between ▇▇▇▇▇-ILLINOIS, INC., a Delaware corporation ("COMPANY"), and BANKERS TRUST COMPANY ("BANK").
Thereafter, the portion of the Subscription Price due in accordance with the Commitment on each Issue Date under the Units which must be subscribed by the entity that I represent pursuant to the Commitment shall be payable by way of set-off, up to the Principal Outstanding Amount owed to the entity that I represent by the Fund on such date under the Units that the entity that I represent holds and which shall be redeemed on such date.
Each holder of Secured Debt (other than Swaps Lender and any Cash Management Services Provider) represents and warrants that the outstanding principal amount of Secured Debt owing to it (or, in the case of a Revolver Bank, to all Revolver Banks) on the date hereof (whether or not payable on the date hereof), including LC Obligations and termination amounts under the Swaps, is as set forth for such Secured Party under the column "Agreement Date Principal Outstanding Amount" on Schedule 1 hereto.
Thereafter, the portion of the Subscription Price due in accordance with the Commitment on each Issue Date under the Senior Units which must be subscribed by the entity that I represent pursuant to the Commitment shall be payable by way of set-off, up to the Principal Outstanding Amount owed to the entity that I represent by the Compartment on such date under the Senior Units that the entity that I represent holds and which shall be redeemed on such date.

More Definitions of Principal Outstanding Amount

Principal Outstanding Amount means, on any date, in respect of any IC Loan the principal outstanding amount on the date such IC Loan was granted to the Asset Purchaser less the aggregate amount of all principal paid to the Issuer up to such date in respect of such IC Loan;

Principal Outstanding Amount means, at any time, the then outstanding unpaid principal amount of the Notes. “Quasi-Security” has the meaning given to that term in section 4(a)(2).

Principal Outstanding Amount means, at any time, the then outstanding unpaid principal amount of the Notes.

Principal Outstanding Amount of Principal Invested Amount Purchased Repurchase Made Balance Amount ---------------- ---------------- ------- ------ EXHIBIT B TO SERIES 1999-2 SUPPLEMENT FORM OF INVESTMENT LETTER The Chase Manhattan Bank ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: Capital Markets Fiduciary Services, Stone Receivables Corporation Ladies and Gentlemen: In connection with our proposed purchase of a one or more Floating Rate Trade Receivables-Backed Certificates, Series 1999-2 (the "Series 1999-2 Certificates"), representing a fractional undivided interest in the Stone Receivables Corporation Master Trust, issued under the Series 1999-2 Supplement, dated as of October 15, 1999 (the "Supplement"), among Stone Receivables Corporation, as Transferor, Stone Container Corporation, as Servicer and The Chase Manhattan Bank, as Trustee, we confirm that:

Principal Outstanding Amount. Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of any occurrence or event which gives rise to a claim under the Policy, 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 such occurrence or event. For the purpose of avoidance of doubt, it is clarified that any: EMIs that are overdue and unpaid to the financial institution prior to such occurrence or event, any additional amounts imposed by a financial institution, or otherwise falling due as a penalty or by way of a default in repayment, will not be considered for the purpose of this Policy and shall be payable by the Insured Person.