Principal Outstanding Balance definition

Principal Outstanding Balance means in relation to any Mortgage Backed Credit and on any date, the aggregate of (a) the original principal amount advanced to the Borrower; plus (b) any other disbursement, legal expense, fee, charge or premium capitalised by the Seller; plus (c) any further advance of principal to the Borrower; less (d) any repayments of such amounts, but, upon Completion of Enforcement Procedures in relation to a Mortgage Backed Credit, such amount of such Mortgage Backed Credit will be deemed to be zero.
Sample 1
Principal Outstanding Balance means, at any time in relation to a Loan, the principal amount outstanding of such Loan at such time, excluding (a) accrued interest and (b) costs due but not received from the Borrower, calculated in accordance with the terms of the relevant Core Documents; Related Security means the Pre-Notations, Guarantees and all other privileges and security interests given in respect of the Loans; Securitisation Law means law 3156/2003 (published in Government Gazette issue no. 157A/25.06.03) of the Hellenic Republic (as may be amended from time to time); Security Trustee means Citibank, N.A., London Branch, whose registered office is at Citigroup Centre, Canada Square, Xxxxxx Xxxxx, Xxxxxx, X00 0XX; Seller means Eurobank S.A.; Servicer means doValue Greece Loans and Credits Claim Management Société Anonyme in its capacity as Servicer under the Servicing Agreement;
Sample 1
Principal Outstanding Balance means in relation to any Mortgage Loan and on any date, the aggregate of (a) the original principal amount advanced to the Debtors; plus (b) any further advance of principal to the Debtor; less (c) any repayments or prepayments of such amounts, but, upon Completion of Enforcement Procedures in relation to a Mortgage Loan, the Principal Outstanding Balance of such Mortgage Loan will be deemed to be zero.
Sample 1

Examples of Principal Outstanding Balance in a sentence

  • We chose a feature selec- tion method available in Weka (WrapperSubsetEval) that selects a subset of the features according to its performance within the Machine Learning algorithm used for classification.

  • Your Statement of Account will show any Retail Principal Outstanding Balance to which the FlexiPay has been applied.

  • The terms of the FlexiPay (such as the details of the monthly instalments) will be communicated and agreed with you at the time of your request.ADCB may, in its sole discretion, approve or reject your request for the application of the FlexiPay to the Retail Principal Outstanding Balance.

  • The geographical regions that show a greater concentration of vehicles acquired under an Auto Loan Contracts, based on the percentage of Principal Outstanding Balance of the Receivables, are the following: Porto (26.87%), Lisbon (17.48%), and Aveiro (9.95%), representing a total of 54.31% of the Receivables Portfolio, for more detailed information please see “Table 11.

  • The FlexiPay can be used for Retail Principal Outstanding Balance with a value of AED 500 or more, or such other value threshold prescribed by ADCB from time to time.You may use the FlexiPay after effecting a Credit Card Transaction by making a request via Internet Banking, Telephone Banking or any other means permitted by ADCB from time to time, to apply the FlexiPay to the Retail Principal Outstanding Balance as opted by you.

  • You must make a separate request to ADCB if you wish to terminate the FlexiPay in respect of a refunded Credit Card Transaction or any amount under the Retail Principal Outstanding Balance.

  • Servicing FeeThe Servicer will, on each Interest Payment Date, receive a servicing fee quarterly in arrears from the Issuer calculated by reference to the Aggregate Principal Outstanding Balance of the Mortgage Backed Credits as at the first day of the relevant Calculation Period.

  • If a Finance Agreement relating to a Transferred Receivable proves not to have been legally valid as of the relevant Cut-Off Date, the Seller will, pursuant to the Master Receivables Transfer Agreement, repurchase such Transferred Receivable and pay to the Issuer a Repurchase Price in an amount equal to the then Principal Outstanding Balance of such Transferred Receivable (together with any associated costs in respect of such repurchase).

  • Pool Summary Total Cover Pool 7.455.976.190Aggregate current Principal Outstanding Balance 6.167.636.105Account Balance (Cash) 1.288.340.084Average current Principal Outstanding Balance 80.226Total number of loans 76.878Residential mortgages (%) 82,38EUR (% of assets) 100,00Weighted Average Seasoning (Years) 8,94Weighted Average Remaining (Years) 13,88WAL Residential Pool (years) 7,44WAL Covered Bonds (years) 2,08WA LTV 46,19%% of Floating Rate Assets (By Out.

  • Pool Summary Total Cover Pool 6.656.805.800Aggregate current Principal Outstanding Balance 6.573.820.293Account Balance (Cash) 82.985.506Average current Principal Outstanding Balance 100.700Total number of loans 65.281% Residential mortgages (By Out.


More Definitions of Principal Outstanding Balance

Principal Outstanding Balance means in relation to any SME Bond on any date, the aggregate of the original principal amount advanced to the SME Bond Issuer in respect of such SME Bond less any repayments of such amounts;
Sample 1
Principal Outstanding Balance means, at any time in relation to a Bond, the principal amount outstanding of such Bond at such time excluding (i) accrued interest and (ii) costs due but not received from the Obligor, calculated in accordance with the terms of the relevant Bond Documentation;
Sample 1

Related to Principal Outstanding Balance

  • 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.

  • Total Outstanding Amount means, at any time, the aggregate Dollar Amount of all Loans outstanding at such time plus the aggregate Dollar Amount of the Letter of Credit Liabilities of all Lenders at such time.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.

  • Principal Amount Outstanding means, in respect of a Covered Bond on any day the principal amount of that Covered Bond on the relevant Issue Date thereof less principal amounts received by the relevant Covered Bondholder in respect thereof on or prior to that day.

  • Total Outstandings means the aggregate Outstanding Amount of all Loans and all L/C Obligations.

  • Total Outstanding Shares means the aggregate number of shares of Company Capital Stock issued and outstanding immediately prior to the Effective Time.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Advances Outstanding On any day, the aggregate principal amount of all Advances outstanding on such day, after giving effect to all repayments of Advances and the making of new Advances on such day.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Total Outstanding Indebtedness means the sum, without duplication, of (1) Consolidated Outstanding Indebtedness, (2) TRG's Share of UJV Combined Outstanding Indebtedness and (3) Contingent Liabilities.

  • Outstanding Amount means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date of determination.

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments and Revolving Credit Exposure of such Lender at such time.

  • Non-PO Formula Principal Amount As to any Distribution Date, the sum of (i) the sum of the applicable Non-PO Percentage of (a) all monthly payments of principal due on each Mortgage Loan on the related Due Date, (b) the principal portion of the purchase price of each Mortgage Loan that was repurchased by the Seller pursuant to this Agreement as of such Distribution Date, excluding any Mortgage Loan that was repurchased due to a modification of the Mortgage Rate, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan, and (f) all partial and full Principal Prepayments received during the related Prepayment Period and (ii) (A) any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date, or (B) with respect to Subsequent Recoveries attributable to a Discount Mortgage Loan that incurred (1) an Excess Loss or (2) a Realized Loss after the Senior Credit Support Depletion Date, the Non-PO Percentage of any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date.

  • Maximum Revolving Advance Amount means $25,000,000.