Principal Value definition

Principal Value means, at any time, the principal value of a PPDS at that time, being the Original Principal Value at the time of its issue, as subsequently decreased and/or increased in accordance with these Conditions.
Principal Value means the aggregate principal amount owing to a Senior Unsecured Scheme Creditor in its capacity as such under the Existing Senior Unsecured Notes Indenture as at the Record Date;
Principal Value means (x) prior to the Effective Date, the Initial Basic Value, and (y) after the Effective Date, the Later Basic Value, less the aggregate proceeds, but not more than the sum of the Basic Shares Value and the Owned Shares Purchase Price, actually received by the Subscriber from the sale, if any, after the Subscription Date and prior to the Restricted Sale Date, of Basic Shares, Reset Shares and Owned Shares.

Examples of Principal Value in a sentence

  • The Company may not change its election with respect to the consideration (or components or percentages of components thereof) to be paid upon a Principal Value Conversion once the Company has given its Principal Value Conversion Notice to the Holder surrendering such Security whose conversion is a Principal Value Conversion.

  • The Company shall pay any portion of the principal amount to be paid in cash in a Principal Value Conversion on the third Trading Day after the Conversion Date for such conversion.

  • The Company covenants and agrees that, upon exercise of this Warrant and payment of the Principal Value, all shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any stockholder.

  • With respect to any portion of the principal amount to be paid in Common Stock in a Principal Value Conversion, the Company shall deliver the Common Stock to the Holder of the Security surrendered for conversion in such Principal Value Conversion on the fourth Trading Day following the Conversion Date for such conversion.

  • If a Holder surrenders its Notes for a Principal Value Conversion pursuant to this Section 9.1(c), the Company will notify such Holder through the Conversion Agent whether the Company will pay such Holder all or a portion of the principal amount plus accrued and unpaid interest, if any, of such Notes in cash, Common Stock or a combination of cash and Common Stock and in what percentage or amount at any time on or before the date that is two Trading Days following the Conversion Date.


More Definitions of Principal Value

Principal Value. , in relation to property, means—
Principal Value means the total amount to be paid by a consumer under a credit agreement, minus the total of all interest, charges and fees, as calculated in accordance with section 79;
Principal Value means with respect to the Deposit Liabilities the principal balance stated on the accounting records, excluding accrued and unpaid interest thereon, as of the Closing Date.
Principal Value. The principal value for Phase 1 of the Development is
Principal Value and similar terms shall mean Accreted Value with respect to the application of such reference to the Amended Securities.
Principal Value means with respect to the real property securing a Program Loan, the lesser of
Principal Value means the net present value of the Principal Amount of the PRIDES evidenced by this PRIDES Certificate as of the Valuation Date computed by the Calculation Agent on a semi-annual basis using an interest rate of U.S. dollar LIBOR with a maturity that most closely approximates the remaining term of the PRIDES, as such rate appears on the Reuters Money Rates Service (or such other service agreed upon by the Company and the Holder) as of 11:00 a.m. London time on the second Business Day prior to the Valuation Date plus 105 basis points.