Semiannual Principal definition
Semiannual Principal means, with respect to any Payment Date on any Tranche of Bonds, the excess, if any, of the Outstanding Amount of such Tranche of Bonds over the outstanding principal balance of such Tranche of Bonds specified for such Payment Date in the Expected Amortization Schedule.
Semiannual Principal means, with respect to any Payment Date on any Class of Notes, the excess, if any, of the Outstanding Amount of such Class of Notes over the outstanding principal balance of such Class of Notes specified for such Payment Date in the Expected Amortization Schedule.
Semiannual Principal means, with respect to any Payment Date and any Series and Tranche of Bonds, (i) for any Serial Bonds, the amount required to be paid to the Holders pursuant to Section 2.02(d), and (ii) for any Term Bonds, the amount required to be redeemed and paid to the Holders pursuant to Section 2.02(e).
Examples of Semiannual Principal in a sentence
BANKERS TRUST COMPANY, as Trustee By: ___________________________________ Authorized Officer Schedule A Semi-annual Principal Payment Date Amount Repaid October 15, 2000 April 15, 2001 October 15, 2001 April 15, 2002 October 15, 2002 April 15, 2003 October 15, 2003 April 15, 2004 EXHIBIT G FORM OF FACE OF RULE 144A GLOBAL NOTE CUSIP NO.
Each Semiannual Principal Payment shall be that amount of principal which will result in equal (as nearly as possible) Semiannual Principal Payments over the applicable Amortization Period.
Series 2001-1 Principal Projected Principal Balance Semiannual Principal Due i.