Allocated Principal Amount definition

Allocated Principal Amount means, in respect of a partial redemption pursuant to paragraph 28 of these Pricing Terms, the principal amount of each Note to be redeemed.
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Allocated Principal Amount means, for each Property as of the Effective Date, the amount set forth on Schedule I, as such Schedule I may be amended from time to time in connection with any Additional Property Option, Mt. ▇▇▇▇▇▇ Release Option and/or Mt. ▇▇▇▇▇▇ Substitution Option.
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Allocated Principal Amount means, when used with reference to the Securities and any Vessel, the following amounts: The quotient of (a) the difference between (i) the sum of the initial principal amount of the Securities and the initial principal amount of the Second Priority Notes and (ii) all amounts applied to the principal thereof and (b) the difference between (i) five and (ii) the sum of (A) the number of Vessels that have been rejected by the Owners pursuant to the terms of the Building Contracts and (B) the number of Vessels released by the Collateral Agent from the lien of the related Mortgage.
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Examples of Allocated Principal Amount in a sentence

  • Pursuant to the Indenture, the Allocated Principal Amount of the Mortgage Notes for the Vessel will be used, INTER ALIA, to make the installments due under the Shipbuilding Contract for the Vessel.

  • The Allocated Principal Amount of the Mortgage Notes for the Vessel will be used, INTER ALIA, to make the installments due under the Building Contract for the Vessel.

  • Pursuant to the Intercreditor Agreement, the Allocated Principal Amount of the Notes for the Vessel has been used, INTER ALIA, to make the installments due under the Building Contract for the Vessel.

  • The aggregate principal amount of Mortgage Notes to be redeemed pursuant to this Section 12.1(d)(ii) shall equal the Allocated Principal Amount of Mortgage Notes for the related Vessel.

  • Stipulated Loss Value means, as of any date, the aggregate of (a) the Allocated Principal Amount corresponding to the period in which such date occurred as indicated on Schedule 2A, and (b) any amounts (other than Charter Hire) due to Owner under this Charter on or prior to the date of payment.

  • The parties intend that the Notes, Instruments and other Documents encumbering the Individual Property and evidencing and securing the Allocated Principal Amount for each Individual Property shall be fully cross-collateralized and cross-defaulted.

  • The aggregate Allocated Principal Amount of the Original Loans of the Extended Lenders that are to be converted into Loans under the Restated Term Loan Agreement pursuant to Section 3(b) hereof shall not be less than 51% of the aggregate principal amount of all Original Loans outstanding immediately prior to such conversion.

  • The aggregate principal amount of Mortgage Notes to be redeemed pursuant to this paragraph shall equal the Allocated Principal Amount of Mortgage Notes for the related Vessel.

  • In connection with the transfer of any such Affected Property as provided for in this Section 9.1.3, the Loan shall be reduced by an amount equal to amount of the New Note applicable to such Affected Property and the new loan secured by such Affected Property and evidenced by the New Note shall be in an amount equal to such Allocated Principal Amount.

  • Pursuant to the Indenture, the Allocated Principal Amount of the Mortgage Notes for the Vessel was used, INTER ALIA, to make the installments due under the Shipbuilding Contract for the Vessel.


More Definitions of Allocated Principal Amount

Allocated Principal Amount means, when used with reference to the Serial Mortgage Notes relating to any Vessel at any time, an aggregate principal amount of Outstanding Serial Mortgage Notes equal to the aggregate principal amount of the Serial Loan then outstanding under the Serial Loan Agreement of the related Owner.
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Allocated Principal Amount means one hundred percent (100%) of that portion of the Loan originally allocated to an Individual Property, as set forth in Schedule VI hereto.
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Allocated Principal Amount. With respect to the Approved Sub Note, on any day, the lesser of: (a) the Amortization Date Allocated Principal Amount and (b) the Amortized Allocated Principal Amount; PROVIDED, however, if a termination event, liquidation event, event of default, or other similar event occurs under the documents relating to the Approved Sub Note and the transactions contemplated thereby, the Allocated Principal Amount shall be zero ($0).
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Allocated Principal Amount means, with respect to any Facility as of any date, the amount equal to the portion of the outstanding principal balance of the aggregate Term Loans allocated to such Facility.
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Allocated Principal Amount means, with respect to the principal amount of any Note and any Rig, an amount equal to the product of (i) the principal amount of such Note and (ii) the Allocated Portion.
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