Priority of Principal Proceeds definition

Priority of Principal Proceeds. The meaning specified in Section 11.1(a)(ii).
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Examples of Priority of Principal Proceeds in a sentence

  • Unless otherwise specified in Section 11.1, the amount of Principal Proceeds to be distributed pursuant to the Priority of Principal Proceeds shall be calculated, giving effect to all payments of Interest Proceeds on the related Payment Date.

  • The holding of offices is limited to registered SHSU students except when national regulations require that an office be held by a faculty member.

  • For purposes of determining whether Post-Reinvestment Principal Proceeds are available for reinvestment on any Payment Date after the Reinvestment Period, all other Principal Proceeds will be deemed to be distributed under the Priority of Principal Proceeds prior to the distribution of Post- Reinvestment Principal Proceeds on such Payment Date.

  • The Optional Redemption Price of the Subordinated Notes to be redeemed on the Redemption Date is an amount equal to any remaining Principal Proceeds available for distribution on the Optional Redemption Date after the payment of all amounts senior in right of payment to the Subordinated Notes under the Priority of Principal Proceeds.

  • On the Stated Maturity and any Rated Notes Redemption Date, to the payment of the items set forth under clause (iv) or (vi), as applicable, under the Priority of Principal Proceeds, to the extent not paid from Principal Proceeds on such Distribution Date.

  • The principal amount and the Redemption Price of each Class of Rated Notes to be redeemed is as follows: ClassPrincipal AmountRedemption Price*Class D NotesU.S.$9,161,183.40U.S.$9,269,060.93 The Redemption Price for the Subordinated Securities shall be an amount equal to any remaining Principal Proceeds payable on such Subordinated Securities under class (iv) or (vi), as applicable of the Priority of Principal Proceeds.

  • Holders of Subordinated Notes will receive distributions of Principal Proceeds, if any, in accordance with the Priority of Principal Proceeds only after each Priority Class is paid in full.

  • The Priority of Interest Proceeds, the Priority of Principal Proceeds, the Special Priority of Payments and the Priority of Partial Redemption Proceeds are referred to collectively as the "Priority of Payments." Note Payment Sequence ...................................

  • On the Stated Maturity and any Liquidation Redemption Date, to the payment of the items set forth under clause (iii) under the Priority of Principal Proceeds, to the extent not paid from Principal Proceeds on such Distribution Date.

  • Id. The inflation factor is Gross Domestic Product – Price Index(GDP-PI).

Related to Priority of Principal Proceeds

  • Second Priority Principal Payment means, for a Payment Date, the greater of:

  • Priority of Payments The meaning specified in Section 11.1(a).

  • Principal Proceeds With respect to any Collection Period or Determination Date, all amounts received by the Issuer during the related Collection Period that do not constitute Interest Proceeds and any other amounts that have been designated as Principal Proceeds pursuant to the terms of this Indenture.

  • First Priority Principal Payment means, for a Payment Date, the greater of:

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.