Common use of Maximum Principal Balance Clause in Contracts

Maximum Principal Balance. The aggregate outstanding principal balance of the Loans shall at no time exceed $17,500,000, less the principal amount of debt contributed in respect of option exercises under Section 3.9 (the "Maximum Principal Balance").

Appears in 1 contract

Sources: Secured Loan Agreement (Boston Chicken Inc)

Maximum Principal Balance. The aggregate outstanding principal balance of the Loans Loan shall at no time not exceed $17,500,000, less the principal amount of debt contributed in respect of option exercises under Section 3.9 17,600,000 (the "Maximum Principal BalanceAmount").

Appears in 1 contract

Sources: Loan Agreement (Papa Johns International Inc)

Maximum Principal Balance. The aggregate outstanding principal balance of the Loans Loan shall at no time not exceed $17,500,000, less the principal amount of debt contributed in respect of option exercises under Section 3.9 30,000,000 (the "Maximum Principal Balance"Amount”).

Appears in 1 contract

Sources: Loan Agreement (Papa Johns International Inc)