Principal Repayments definition

Principal Repayments means each repayment of principal of the Outstanding Principal Amount payable under this Loan Agreement.

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Principal Repayments means all expenditures by, or obligations existing with respect to or incurred by, a Person for the repayment of any principal of, on, or in connection with any Funded Debt, including (for purposes of illustration, and not for purposes of limitation) principal payments required as the short term portion of any Funded Debt, and principal payments required on or in connection with the Revolving Credit Loan, all in accordance with GAAP.

Principal Repayments means in the case of any Collateral Debt Security, principal repayments received by the Issuer (including scheduled amortisation, instalment or sinking fund payments or prepayments).

Examples of Principal Repayments in a sentence

• The parties hereto entered into the Funding 1 Liquidity Facility Agreement (as amended and restated by this Agreement and from time to time, the FUNDING 1 LIQUIDITY FACILITY AGREEMENT) to assist Funding 1 in, among other things, (i) making Eligible Liquidity Facility Principal Repayments and (ii) meeting its interest payment liabilities in respect of relevant Term Advances from time to time.

• All Principal Repayments shall be made on the last Business Day of each calendar month.

• Section 5.6. The Implementing Entity shall report on the receipt of Principal Repayments, receipt of Income, and Unused Funds, and return any such funds received or held by it in accordance with Sections 6 and 7 below.

• The Lenders are hereby irrevocably authorized to make all such Principal Repayments as soon as possible without terminating Bankers’ Acceptances or LIBOR Loans prior to their maturity.

• The Borrower shall also ensure that the term to maturity of any outstanding Bankers' Acceptance accommodates any Principal Repayments required by Article 5.

• The Lenders are hereby irrevocably authorized to make all such Principal Repayments as soon as possible without terminating Bankers' Acceptances or LIBOR Loans prior to their maturity.

• The parties hereto entered into the Funding 1 Liquidity Facility Agreement (as amended and restated by this Agreement and from time to time, the Funding 1 Liquidity Facility Agreement) to assist Funding 1 in, among other things, (i) making Eligible Liquidity Facility Principal Repayments and (ii) meeting its interest payment liabilities in respect of relevant Term Advances from time to time.

• The Variable Funding Notes 60 Section 2.2 Procedures for Advances by the Lenders 60 Section 2.3 Reduction of the Facility Amount; Principal Repayments 63 Section 2.4 Determination of Interest 64 Section 2.5 Notations on Variable Funding Notes 64 Section 2.6 Borrowing Base Deficiency Cures 65 Section 2.7 Priority of Payments 65 Section 2.8 Alternate Priority of Payments 67 Section 2.9 Collections and Allocations 69 Section 2.10 Payments, Computations, etc.

• The funds deposited and interest earned thereon, to the extent required to eliminate the Excess, shall be remitted by the Agent to the Lenders when outstanding Bankers’ Acceptances mature, or the LIBOR Period of the LIBOR Loans ends, so as to repay the Excess as required by Section 5.4(b) and any surplus of such funds in excess of the required Principal Repayments, provided there exists no subsisting Event of Default, shall be returned to the Borrower.

• The Trust Manager may direct the Issuer to, and the Issuer must, apply certain Mortgage Principal Repayments for funding Redraws.

More Definitions of Principal Repayments

Principal Repayments means the portion of the principal of the Notes, if any, repaid to Holders by the Bank each month prior to Maturity.

Principal Repayments. The outstanding principal indebtedness of the Loan together with any other amounts owing to the Lenders pursuant to this Agreement shall be repaid in full on the earlier of (a) the Maturity Date, and (b) at the option of the Lenders, upon the occurrence of an Event of Default.

Principal Repayments. The Company shall repay the entire outstanding Face Amount on June 30, 2012 (the “Maturity Date”).”

Principal Repayments on page 4 is deleted in its entirety and replaced with the following: Principal Payments: Subject to demand by the Agent or the Lender after the occurrence and during the continuance of an Event of Default, the Borrower agrees that the principal balance of the Facility shall be due and repaid in cash in full upon maturity at the end of the Term (whether the stated end of the Term, as a result of acceleration or otherwise).

Principal Repayments means in relation to an SME Loan, any amounts of repayments and prepayments of principal under or in respect of the relevant SME Loan other than any Recoveries (it being understood that, in respect of a Roll Over Term Loan, the roll-over of an advance will not constitute a repayment of principal for the entire amount rolled-over, but only for an amount equal to the positive amount by which the advance before exceeds the advance after the roll-over).