Principal Xxxxxx definition

Principal Xxxxxx means the ledger of such name maintained by the Cash Manager pursuant to and in accordance with the Cash Management Agreement to record the credits and debits of Principal Receipts held by the Cash Manager for and on behalf of the Guarantor and/or in the Guarantor Accounts;
Principal Xxxxxx means the ledger maintained by the Cash Manager on behalf of the Issuer which records all Principal Receipts received by the Issuer and the distribution of the Principal Receipts in accordance with the Pre-Acceleration Principal Priority of Payments or the Post-Acceleration Priority of Payments (as applicable); Principal Paying Agent means Elavon Financial Services DAC, UK Branch, acting as Principal Paying Agent under the terms of the Agency Agreement, or such other person as may from time to time be appointed as Principal Paying Agent pursuant to the Agency Agreement; Principal Receipts means (a) principal repayments under the Loans, (b) recoveries of principal from defaulting Borrowers under Loans being enforced (including the proceeds of the sale of the relevant Property), (c) any payment pursuant to any insurance policy in respect of a Mortgaged Property in connection with a Loan in the Portfolio and (d) the proceeds of the repurchase of any Loan by the Seller (or, as applicable, YBS or one of its subsidiaries) from the Issuer pursuant to the Mortgage Sale Agreement (other than any amount representing Accrued Interest); Priority of Payments or Priorities of Payments means the Pre-Acceleration Revenue Priority of Payments, the Pre-Acceleration Principal Priority of Payments and the Post-Acceleration Priority of Payments; Proceedings has the meaning given to it in the Trust Deed;
Principal Xxxxxx. Equal to the unpaid principal balance of the Loan as of the date of closing of the conversion.

Examples of Principal Xxxxxx in a sentence

  • Seller authorizes the Principal Xxxxxx to use his/her discretion in determining the appropriate marketing approach, unless a specific marketing plan is signed by the parties to this Agreement and attached hereto.

  • Seller hereby authorizes the Principal Xxxxxx to obtain a copy of the contract of sale, including any contract revisions or modifications, from the Seller’s attorney.

  • The undersigned Principal Xxxxxx agrees to make diligent efforts to effect a sale of said Property.

  • By a Letter of Allotment dated 17th May, 1990, the Principal Xxxxxx had agreed to grant sub lease to Xxxxx XX Energy Systems Limited (now known as Websol Energy System Limited) and the said Xxxxx XX Energy Systems Limited agreed to accept a Sub Lease in respect of a plot comprised in the said Entire Land for a term of 90 years for the purpose and on the conditions mentioned therein.

  • The Promoter on behalf of the erstwhile Assignor the requisite permission fees to the Principal Xxxxxx and has obtained necessary permission for assignment of the Said Land in favour of the Promoter.

  • The Principal Xxxxxx authorises the Crown to share information provided in accordance with clauses 4.1 and 4.2 with the Reserve Bank of New Zealand, the Securities Commission and any “inspector” appointed under clause 6.5.

  • The Principal Xxxxxx represents and warrants to the Crown that it is duly authorised to execute and deliver this Deed, and that upon execution of this Deed by it and the Crown it will constitute the legal, valid and binding obligations of the Principal Debtor enforceable against the Principal Debtor in accordance with its terms.


More Definitions of Principal Xxxxxx

Principal Xxxxxx means the ledger in the books of the Issuer so named and maintained by the Cash Manager on behalf of the Issuer;
Principal Xxxxxx means the ledger maintained by the Cash Manager on behalf of the Issuer which records all Principal Receipts received by the Issuer and the distribution of the Principal Receipts in accordance with the Pre-Acceleration Principal Priority of Payments or the Post-Acceleration Priority of Payments (as applicable);
Principal Xxxxxx shall refer to the sum of (i) the outstanding principal amount of this Debenture, (ii) all accrued but unpaid interest hereunder, and (iii) any default payments owing under the Transaction Documents (other than payment provided in Section 4(b) hereof) but not previously paid or added to the Principal Amount.

Related to Principal Xxxxxx