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

  • Calculations exclude Finance Leases and Loan Principal Repayments.

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

  • If, on a Payment Date, Mortgage Principal Repayments for the Collection Period preceding that Payment Date are insufficient to fund Redraws for that Collection Period in accordance with this Series Notice, then the Trust Manager may give the Trustee a Note Issue Direction to issue a series of Class A1 Notes in accordance with clause 12 of the Master Trust Deed and this clause 5.

  • Actual Principal Repayments In respect of any Principal Payment Date, all payments on such date in respect of the reimbursement of principal allocable to an outstanding principal amount of the RO equal to the Notional Amount (as in effect immediately prior to such Actual Principal Repayment) including, if applicable to such date, principal payments on the maturity date and makewhole or premium payments, if any, paid by or on behalf of the Reference Entity to a Holder.

  • 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.

  • You should discuss any election to make Seasonal Principal Repayments with us (including, where applicable, whether this will result in any increase to the IRRM Premium Percentage).You authorise us to automatically debit all payments made under this clause 8.1 to your Mandatory Account on the applicable payment date.

  • Actual Coupon Payments All payments, including, without limitation, interest and fees, if any, paid by or on behalf of the Reference Entity in respect of an outstanding principal balance of the applicable RO equal to the Notional Amount to a Holder (other than Final Price proceeds or Actual Principal Repayments).

  • The contingent payments in the Contractual and Contingent Principal Repayments table below reflect these accelerated terms.

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


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

  • Principal Receipts has the meaning specified in Section 5.2. Pro Rata Basis has the meaning specified in Section 8.2. Put Option Agreement means the agreement between Lender and TALF LLC, pursuant to which Lender shall have the option to sell or assign from time to time, and TALF LLC shall have the obligation to purchase from Lender from time to time,

  • Principal Remittance Amount With respect to any Distribution Date, the sum of the Group I Principal Remittance Amount and the Group II Principal Remittance Amount.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

  • Partial Unscheduled Principal Receipt An Unscheduled Principal Receipt which is not a Full Unscheduled Principal Receipt.

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Subordinate Principal Prepayments Distribution Amount For any Distribution Date, the Subordinate Prepayment Percentage of the Principal Prepayment Amount.

  • Principal Reserve Fund The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 3.08 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2005-3". Funds in the Principal Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

  • Unscheduled Principal Receipt Period Either a Mid-Month Receipt Period or a Prior Month Receipt Period.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Excess Prepayment Interest Shortfall With respect to any Distribution Date, the aggregate of any Prepayment Interest Shortfalls resulting from any Principal Prepayments made on the Mortgage Loans to be included in the Aggregate Available Funds for such Distribution Date that are not covered by the Master Servicer’s Compensating Interest Payment for such Distribution Date and/or the portion of any compensating interest payments allocable to any Outside Serviced Mortgage Loan to the extent received from the related Outside Master Servicer.

  • Full Unscheduled Principal Receipt Any Unscheduled Principal Receipt with respect to a Mortgage Loan (i) in the amount of the outstanding principal balance of such Mortgage Loan and resulting in the full satisfaction of such Mortgage Loan or (ii) representing Liquidation Proceeds other than Partial Liquidation Proceeds.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Loan repayment means the cancellation and repayment of loans

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Unscheduled Principal Receipt Any Principal Prepayment or other recovery of principal on a Mortgage Loan, including, without limitation, Liquidation Proceeds, Net REO Proceeds, Recoveries and proceeds received from any condemnation award or proceeds in lieu of condemnation other than that portion of such proceeds released to the Mortgagor in accordance with the terms of the Mortgage or Prudent Servicing Practices, but excluding any Liquidation Profits and proceeds of a repurchase of a Mortgage Loan by the Seller and any Substitution Principal Amounts.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.

  • Prepayments means any moneys which shall be paid to the Issuer prior to the time such amounts become due. Prepayments shall not include any interest paid on such moneys.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Class B-5 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-4 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Prepayment Percentage for such Distribution Date will be zero.