Unscheduled Principal Payments. Any proceeds received by the Issuer from an unscheduled prepayment or redemption (in whole but not in part) by the obligor of a Collateral Debt Security prior to the stated maturity date of such Collateral Debt Security.

Unscheduled Principal Payments. Any proceeds received by the Issuer from an unscheduled prepayment or redemption (in whole but not in part) by the obligor of a Loan Obligation (or, in the case of a Senior Participation, the related Underlying Whole Loan) prior to the stated maturity date of such Loan Obligation (or, in the case of a Senior Participation, the related Underlying Whole Loan).

Unscheduled Principal Payments means, with respect to any Payment Date, the aggregate amounts received during the immediately preceding Collection Period pursuant to any Source Agreement, in respect of Contracts, or the related Equipment (excluding Excluded Amounts).

Examples of Unscheduled Principal Payments in a sentence

A Collateral Obligation as to which Unscheduled Principal Payments are received after the Reinvestment Period.
Unscheduled Principal Payments and Sale Proceeds of Credit Risk Obligations.
During an Early Amortization Period, the Indenture Trustee shall apply all amounts on deposit in the DSCR Reserve Account as Unscheduled Principal Payments and allocate such amounts to all Series in accordance with Section 2.11(b) on the related Payment Date.
Notwithstanding the foregoing, during the continuance of an Early Amortization Period, all amounts on deposit in the Release Account will be transferred as Unscheduled Proceeds into the Collection Account and applied as Unscheduled Principal Payments, after payment of Collateral Pool Expenses in accordance with Section 2.11(b) of the Indenture, on the Payment Date following the occurrence of such Early Amortization Period.
Any Unscheduled Principal Payments and any Principal Proceeds received from sales of Credit Risk Obligations received after the Reinvestment Period.

More Definitions of Unscheduled Principal Payments

Unscheduled Principal Payments. The amounts described in clauses (e), (f) and (g) of the definition of Principal Amount.

Unscheduled Principal Payments. All Principal Proceeds received as a result of prepayments, redemptions, exchange offers, tender offers or other unscheduled payments (but not sales) with respect to a Collateral Obligation (including unscheduled mandatory prepayments); provided that, the term “Unscheduled Principal Payments” shall also include any amounts transferred from the Unfunded Exposure Account to the Principal Collection Subaccount for treatment as Unscheduled Principal Payments upon the unscheduled termination or reduction of the Issuer’s funding commitment with respect to a Delayed Drawdown Collateral Obligation or a Revolving Collateral Obligation.

Unscheduled Principal Payments. As to any Distribution Date and Loan Group (other than Loan Group 3), the sum of (i) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received by a Servicer with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date and (b) all Principal Prepayments on the Mortgage Loans in such Loan Group received by a Servicer during the calendar month preceding the month of such Distribution Date.

Unscheduled Principal Payments means all Principal Payments received as a result of prepayments, redemptions, exchange offers, tender offers or other unscheduled payments (but not sales) with respect to an Underlying Asset; provided that Unscheduled Principal Payments shall also include any amounts transferred from the Variable Funding Account to the Principal Collection Account for treatment as Unscheduled Principal Payments upon the termination or reduction of the Issuer's funding commitment with respect to a Delayed-Draw Loan or a Revolving Credit Facility.

Unscheduled Principal Payments means, with respect to any Determination Date, an amount equal to (a) all principal collections (including any premiums, fees or other amounts associated therewith, but not including Interest Proceeds) received on the Collateral Debt Obligations as a result of optional or mandatory (but not scheduled) redemptions, exchange offers, tender offers or other payments made at the option of the obligor or that are otherwise not scheduled to be made thereunder, minus (b) the portion of such principal collections received as described in clause (a) above which, as determined by the Collateral Manager, were reinvested during the related Collection Period in Additional Collateral Debt Obligations in accordance with the Reinvestment Criteria; provided that any Unscheduled Principal Payments, if reinvested, must be reinvested (or committed to be reinvested) in Additional Collateral Debt Obligations prior to the end of the Collection Period following the Collection Period in which such Unscheduled Principal Payments are received, unless such Unscheduled Principal Payments are received

Unscheduled Principal Payments. All Principal Proceeds received as a result of prepayments, redemptions, exchange offers, tender offers or other unscheduled payments (but not sales) with respect to a Collateral Obligation (including unscheduled mandatory prepayments); provided that, the term "Unscheduled Principal Payments" shall also include any amounts transferred from the Unfunded Exposure Account to the Principal Collection Subaccount for treatment as Unscheduled Principal Payments upon the unscheduled termination or reduction of the Issuer's funding commitment with respect to a Delayed Drawdown Collateral Obligation or a Revolving Collateral Obligation.