Principal Repayment Amount definition

Principal Repayment Amount means the regularly scheduled reductions in the outstanding principal of the Loan, to be made at the end of each Interest Period in an amount corresponding to such Interest Period and as set out in the attached Schedule A entitled “Principal Repayment Schedule”.

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Principal Repayment Amount means for each Principal Repayment Date, the amount of principal of the Loan payable on such date.

Principal Repayment Amount means, with respect to any Loan, an amount equal to the aggregate amount of Principal Proceeds actually received by the Seller during the period from (and including) the Initial Purchase Date in respect thereof to (and excluding) the Trade Date in respect thereof.

Examples of Principal Repayment Amount in a sentence

The Prepayment Penalty owed pursuant to this Section shall not be applicable with respect to any payment of the Mandatory Principal Repayment Amount.
In addition, from time to time, Lender shall have the right to review the amount and type of current and historical Receipts and Eligible Accounts of the Credit Parties, the value of other Collateral, and other factors determined by Lender, and based on such review, Lender may, in its sole and absolute discretion, increase the percentage used for the Mandatory Principal Repayment Amount, which increase shall become applicable and effective immediately upon notice to Borrower.
Variable Principal Repayment Amount Debt Securities are those on which the amount of principal payable is determined with reference to an index specified in the related Supplemental Agreement.
Lender may elect to accept or reject Borrower’s request for a renewal of the Revolving Loan Commitment and extension of the Revolving Loan Maturity Date in its sole and absolute discretion, and any acceptance may be conditioned upon additional obligations, terms and conditions, including an increase in the percentage used to calculate the amount of Mandatory Principal Repayment Amount.
Upon the expiration of a LIBOR Interest Period, the LIBOR Rate Loan shall automatically be continued as a LIBOR Rate Loan at the then applicable Adjusted LIBOR Rate and in an amount equal to the principal amount of the expiring LIBOR Rate Loan less any Principal Repayment Amount made by Borrower; provided, however, that no portion of the outstanding principal amount of a LIBOR Rate Loan may be continued as a LIBOR Rate Loan when any Event of Default has occurred and is continuing.

More Definitions of Principal Repayment Amount

Principal Repayment Amount means, with respect to any Portfolio Investment, an amount equal to (a) the aggregate amount of Principal Proceeds actually received by the Financing Provider (in its capacity as holder of such Portfolio Investment) during the period from (and including) the Relevant Trade Date to (and excluding) the Facility Sale Date in respect thereof minus (b) any such Principal Proceeds the Financing Provider is required (as determined by the Financing Provider in its reasonable discretion) to pay, transfer or return to (i) the Relevant Seller pursuant to the Relevant Trade Confirmation or (ii) the underlying obligor pursuant to the Underlying Documentation.

Principal Repayment Amount. Interest Rate Reset Month(s): Interest Payment Month(s): Maximum Interest Rate, if any: Minimum Interest Rate, if any: Interest Rate Reset Period: Interest Payment Period: Interest Payment Date: Calculation Agent: Other Terms: If Redeemable:

Principal Repayment Amount means the regularly scheduled reductions in the outstanding principal of the Loan, to be made at the end of each LIBOR Interest Period in an amount corresponding to such LIBOR Interest Period and as set out in the attached Rider A entitled "Principal Repayment Schedule". Funding of the Loan. On the Funding Date and on terms and subject to the conditions of this agreement, the Loan shall be made available to the Borrower no later than 11:00 a.m. New York time by a deposit to the Account (or as otherwise instructed by the Borrower in writing) in the full principal amount of the Loan. Unless otherwise prohibited by this agreement, the Loan shall initially be classified as a LIBOR Rate Loan and interest shall accrue by reference to the LIBOR Rate.

Principal Repayment Amount means, in respect of a Deposit Note, a portion of the Deposit Amount repaid to a Holder of such Deposit Note within 10 Business Days of the end of March 2008 and each month thereafter prior to the month of Maturity equal to (i) (so long as (ii) below is not applicable) one-twelfth of $6.60 per annum multiplied, in the case of a twelve-month period commencing on an anniversary of the Closing Date, by the Inflation Factor determined as at the end of February prior to the first month of the twelve-month period and (ii) commencing with the month following the month, if any, in which a Capital Preservation Event or an Extraordinary Event occurs, the portion of the Deposit Amount paid in

Principal Repayment Amount to read as follows: "provided, however, such amount shall be calculated as if all payments under this Agreement in respect of principal of the Tranche B Facility and all proceeds of any Kronos Partner Note were applied to reduce such principal, without regard to whether so applied."

Principal Repayment Amount. The term "Principal Repayment Amount" means an amount equal to the outstanding principal amount of the Equipment Term Loan at the termination of the Draw Period divided by sixty (60), payable on each Interest Payment Date commencing on the first Interest Payment Date following the termination of the Draw Period and continuing during the term of the Equipment Term Loan.

Principal Repayment Amount means, with respect to a Bond Component on any date of determination, the amount resulting from the quotient of (i) the Repayment Cash Flow divided by (ii) the Repayment Factor.