Unscheduled Principal Payment definition

Unscheduled Principal Payment. On any Payment Date, the sum of (a) the Unscheduled Proceeds deposited into the Collection Account for such Payment Date plus (b) any Purchase Option Deficiency from the related Collection Period, together with any unpaid Purchase Option Deficiency from any prior Payment Date.

Unscheduled Principal Payment. On any Payment Date, the sum of (A) the Unscheduled Proceeds set forth in clauses (i) through (vii) of the definition thereof that are deposited into the Collection Account for such Payment Date and (B) all Allocated Release Amounts associated with any Release Price deposited into the Collection Account (including Allocated Release Amounts disbursed from the Release Account to the Collection Account) during the related Collection Period.

Unscheduled Principal Payment. On any Payment Date, the Unscheduled Proceeds deposited into the Collection Account for such Payment Date.

Examples of Unscheduled Principal Payment in a sentence

• This will ensure that Cameroon reaches higher levels of wellbeing for Cameroonians, having them become more productive and eventually wealthier.

• In Table 4, the location of the soil and dust samples along with maximum wind speed and direction for the395 sampling day are presented.

• The Principal Amount Outstanding from time to time shall be reduced by the Scheduled Principal Payment and any Unscheduled Principal Payment with effect from the related Payment Date.

• Repayment The Issuer is expected to pay on each Payment Date: (i) Interest Amount (ii) Scheduled Principal Payment; and (iii) Unscheduled Principal Payment (if any).

• The first Payment Date is September 15, 2015 (or if that day is not a Business Day, the next following Business Day)17.Principal AmortisationQuarterly each year commencing on September 15, 2015 until the Maturity Date (each a “Redemption Date”).18.RepaymentThe Issuer is expected to pay on each Payment Date: (i) Interest Amount (ii) Scheduled Principal Payment; and any(iii) Unscheduled Principal Payment.

More Definitions of Unscheduled Principal Payment

Unscheduled Principal Payment. As defined in the Property Management Agreement.

Unscheduled Principal Payment. On any Payment Date, the sum of (a) the Unscheduled Proceeds deposited into the Collection Account during the Collection Period relating to such Payment Date plus (b) any Purchase Option Deficiency arising during such Collection Period, together with any Purchase Option Deficiency from any prior Payment Date or related Collection Period with respect to which Available Amounts were not allocated to any Series pursuant to Section 2.11(b) the Indenture. “Unscheduled Proceeds ”: Collectively, Liquidation Proceeds, Condemnation Proceeds, Property Insurance Proceeds, Principal Prepayments, Release Prices, Balloon Payments, Purchase Premiums and Exchange Cash Collateral; provided , however , that any amounts which are on deposit in the Release Account or the Exchange Reserve Account shall not be deemed Unscheduled Proceeds until such amounts have been transferred to the Collection Account. “Uniform Commercial Code ”: The Uniform Commercial Code as in effect in any applicable jurisdiction. “Workout Fee ”: With respect to each Corrected Loan and each Corrected Lease, the fee payable to the Special Servicer pursuant to Section 3.11(f) . “Workout Fee Rate ”: With respect to each Corrected Loan and each Corrected Lease, a fixed percentage rate equal to 0.50%. Section 1.02

Unscheduled Principal Payment. Shall have the meaning set forth in Section 1.2(c). 1.2.(c)

Unscheduled Principal Payment. With respect to any Payment Date, the aggregate of the amounts described in clause (ii) of the definition of Principal Payment Amount for such Payment Date.

Unscheduled Principal Payment. With respect to each Series, (i) as defined in the related Series Supplement, if applicable, or (ii) if not otherwise defined in the related Series Supplement, on any Payment Date, the Unscheduled Proceeds deposited into the Collection Account for such Payment Date.