Principal Prepayments definition

Principal Prepayments shall have the meaning set forth in Section 2.07(a) of this Credit Agreement.

Principal Prepayments means, as described in Section 9.1 hereof, the prepayments of the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and, the Class E Notes and the Class F Notes, as the case may be, to the extent necessary to satisfy (x) the Collateral Coverage Tests in accordance with the Priority of Payments or (y) the Interest Diversion Test in accordance with the Priority of Payments.

Principal Prepayments. Received: Total Interest and Principal Payments Received:

Examples of Principal Prepayments in a sentence

• The amount of this deposit by the Master Servicer is referred to as “Compensating Interest” and will be reflected in the distributions to holders of the Certificates entitled thereto made on the Distribution Date on which the Principal Prepayments received would be distributed.

• Conversely, Principal Prepayments received between the beginning of the Prepayment Period and the related Due Date in that Prepayment Period reduce the Scheduled Payment of interest for that Due Date and are included in a distribution that occurs on or after the distribution of the Scheduled Payment, and accordingly an interest shortfall (a “Prepayment Interest Shortfall”) could result.

• Principal Prepayments which are received between the related Due Date in the Prepayment Period and the end of the Prepayment Period reduce the Scheduled Payment of interest for the following Due Date but are included in a distribution that occurs on or prior to the distribution of the Scheduled Payment, and accordingly no shortfall in interest otherwise distributable to holders of the Certificates results.

• In addition, the Lenders may redetermine the Borrowing Base in the event that the aggregate Portfolio Principal Prepayments, together with the proceeds from any Mineral Interests sold or conveyed as otherwise permitted under the terms of this agreement, received by the Companies since the date of the most recent semi-annual redetermination of the Borrowing Base shall have exceeded ten percent (10%) of the current Borrowing Base.

• Qualcomm Incorporated Proposal 1: EDT for gNB initiated and UE initiated COT is determined by the actual LBT bandwidth selected, with a maximum of -47 dBm. Adopt the Text proposal A.

More Definitions of Principal Prepayments

Principal Prepayments in relation to a Collection Period means all amounts received by or on behalf of the Trustee during that Collection Period under or in respect of the Mortgage Loans then forming part of the Assets of the Series Trust in respect of principal prepayments made by or on behalf of the Borrower in relation to that Mortgage Loan (less reversals made during the period in respect of interest or other charges in relation to any of the accounts where the original debit entry (or part thereof) was in error) to the extent that the amount exceeds the then scheduled monthly instalment of principal that would be payable under that Mortgage Loan (including previous unpaid instalments of principal) during that Collection Period.

Principal Prepayments means the sum of: (i) the aggregate amount of principal payments received by or on behalf of the Issuer in respect of the Issuer Loans as a result of any prepayment in part or in full made by the Borrowers under the Originated Loans pursuant to the terms of the relevant Loan Agreements; (ii) the aggregate amount of payments in respect of principal received by or on behalf of the Issuer as a result of a repurchase/purchase of an Originated Loan or an Issuer Loan; and (iii) all insurance proceeds relating to principal received by or on behalf of the Issuer under the Issuer Loans (directly or indirectly) other than those required to be paid to the relevant Borrower or used to reinstate the related Property pursuant to the terms of the related Loan Documentation, the related insurance policies or any other relevant instrument.

Principal Prepayments of the outstanding balance of principal owing under the Credit Facility during each calendar month. Each such Principal Prepayment shall be in a minimum amount of Five Hundred Thousand Dollars ($500,000.00) and in increments of One Hundred Thousand Dollars ($100,000.00).

Principal Prepayments means any amounts received by the Trustee representing a redemption of the Local Agency Bonds pursuant to Section 13 of the Reassessment Bond Resolution, consisting of the principal amount of the Local Agency Bonds being redeemed and the premium, if any, paid upon such redemption; but excluding the amount of any regularly scheduled payments of principal of and interest on the Local Agency Bonds.

Principal Prepayments of the outstanding balance of principal owing under the Revolving Credit Note more frequently than five (5) such Principal Prepayments during each calendar month. Each such Principal Prepayment of a Base Rate Loan shall be in a minimum amount of One Million Dollars ($1,000,000.00) (or, if less, the outstanding principal amount of Base Rate Loans) and in increments of One Hundred Thousand Dollars ($100,000.00) in excess thereof. Each such Principal Prepayment of a LIBOR Loan shall be in a minimum amount of Five Million Dollars ($5,000,000.00) and in increments of One Million Dollars ($1,000,000.00) in excess thereof; provided, that in no event shall any outstanding LIBOR Loan have a principal balance of less then Five Million Dollars ($5,000,000.00).

Principal Prepayments means, following any failure of any Coverage Test as of any Calculation Date, amounts that would otherwise be used (i) for payments of Income Note Excess Funds, (ii) for the purchase of additional Collateral Debt Securities, (iii) for the payment of certain fees and expenses, (iv) in the case of a failure to satisfy either the Class A Interest Coverage Test or the Class A Principal Coverage Test, for interest payments on the Class B Notes, the Class C Notes and the Class D Notes, (v) in the case of a failure to satisfy either the Class B Interest Coverage Test or the Class B Principal Coverage Test, for interest payments on the Class C Notes and the Class D Notes, (vi) in the case of a failure to satisfy either the Class C Interest Coverage Test or the Class C Principal Coverage Test, for interest payments on the Class D Notes and (vii) in the case of a failure to satisfy either the Class D Interest Coverage Test or the Class D Principal Coverage Test, for payments of Income Note Excess Funds, that are instead applied on the related Payment Date, in each case to the extent necessary to satisfy such Coverage Test as of the related Calculation Date, to principal payments on each Class of Notes, starting with the most senior Class of Notes then Outstanding, until such Coverage Test is satisfied as of the related Calculation Date or the Notes are paid in full.

Principal Prepayments of the outstanding balance of principal owing under the Revolving Credit Note more frequently than three such Principal Prepayments during each calendar month. Each such Principal Prepayment shall be in a minimum amount of Ten Million Dollars ($10,000,000.00) and in increments of One Million Dollars ($1,000,000.00) during the Construction Period and thereafter in a minimum amount of Five Million Dollars ($5,000,000.00) and in increments of One Million Dollars ($1,000,000.00).