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:
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 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;
Examples of Principal Outstanding Amount in a sentence
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.
More Definitions of Principal Outstanding Amount
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 the principal amount of the Loan outstanding as on the date of an Insured Event. For the purpose of avoidance of doubt, it is clarified that any:
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 000 Xxxx 00xx Xxxxxx 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 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 means, at any time, the then outstanding unpaid principal amount of the Notes.
Principal Outstanding Amount means, at any time, the Dollar Equivalent of the aggregate outstanding principal amount of the Loans at such time.
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.