Trust Principal definition

Trust Principal means the principal of the Trust determined in accordance with Article 6 of this Agreement.
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Trust Principal means such person as may be appointed by the Directors as Trust Principal of the Company;
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Examples of Trust Principal in a sentence

  • The Note Trust Principal Balance is less than the Required Principal Balance No Note Trust Principal Balance: i.

  • All Deposits received by the Trustee shall constitute principal and be allocated to and separately be accounted for as Trust Principal.

  • The Note Trust Principal Balance is less than the Required Principal Balance** No Note Trust Principal Balance: i.

  • Annex 3 sets out the powers retained by the Trust, the powers delegated to the Trust Principal, the Executive Headteacher, the respective Local Academy Board and the Head of School of the respective Academy.

  • Executive Officers The following table sets forth the name, municipality of residence, office held and the experience and principal occupation for at least the last five years of each of the executive officers of Calloway: Name andMunicipality Of Residence Age Position with the Trust Principal OccupationJ.

  • Collateral Amount as a Percentage of Note Trust Principal Balance4.1059%ix.

  • PFC is a Wellcome 10 Trust Principal Research Fellow (101876/Z/13/Z & 212219/Z/18/Z), and a NIHR Senior Investigator, who receives support from the Medical Research Council Mitochondrial Biology Unit (MC_UP_1501/2), the Evelyn Trust, and the NIHR Biomedical Research Centre based at Cambridge University Hospitals NHS Foundation Trust and the University of Cambridge.

  • Every candidate offered employment have to produce a certificate of medical fitness as prescribed by the Trust/ Principal of the College, before joining duty and the offer of employment is subject to the candidate being found medically fit.

  • In 2013, the legislature added Subchapter D to Chapter 112 of the Trust Code, entitled "Distribution of Trust Principal in Further Trust." These 17 sections brought decanting to Texas for trusts with no express decanting provision.

  • The term, “Principal,” means Principal Trust, Principal Life, and any affiliate thereof, as defined, below, in Section IV(c).

Related to Trust Principal

  • Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

  • The Principal means the Principal of the College, or the Principal’s authorised representative.

  • Liquidation Principal The principal portion of Liquidation Proceeds received with respect to each Mortgage Loan which became a Liquidated Mortgage Loan (but not in excess of the principal balance thereof) during the Prior Period.

  • Monthly Principal is defined in Section 4.1(d).

  • Class A Monthly Principal shall have the meaning specified in Section 4.03(a).

  • Class B Monthly Principal shall have the meaning specified in Section 4.03(b).

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Storm Recovery Bonds over the outstanding principal balance specified for such Payment Date on the Expected Sinking Fund Schedule.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

  • Recovery Principal With respect to any Payment Date, the sum of (a) the excess, if any, of the Credit Event Amount for such Payment Date, over the Tranche Write-down Amount for such Payment Date; and (b) the Tranche Write-up Amount for such Payment Date.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • Trust Notes As defined in the Introductory Statement.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Note A Principal Balance means, as of any date of determination, the aggregate Note Principal Balance of the A Notes.

  • Collateral Monthly Principal means the monthly principal distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.07(c).

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Note A-5 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-5 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-5 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A-1 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-1 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-1 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Note A-7 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-7 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-7 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.