Fixed Principal definition

Fixed Principal means any portion(s) of the Principal of this Note which has (have) become fixed in amount pursuant to any provision of this Note.
View Source
Fixed Principal with respect to the Post-Completion Note, the --------------- principal of such Note which is to be made as or converted to a Fixed Rate Loan.
View Source

Examples of Fixed Principal in a sentence

  • Such reduction in the Class Investor Interest will not result in any change in any numerator for purposes of determining any Class Percentage with respect to such Class if a Fixed Principal Allocation Event with respect to such Series has previously occurred.

  • The amount of each Interim Payment will be determined by multiplying the Fixed Principal Portion by a fraction the numerator of which is the total reported dollar volume of the Common Stock on a Determination Date and the denominator of which is the Liquidity Benchmark.

  • The aggregate Fixed Principal Amount of Securities outstanding at any time will never exceed such specified amount except as provided in Section 2.07 hereof.

  • The Company promises to pay interest on the unpaid Fixed Principal Amount of this Security that is from time to time outstanding at the simple interest rate of ten percent (10%) per annum.

  • Interest on the unpaid Fixed Principal Amount of this Security will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of issuance of this Security.

  • Fixed Principal Yield shall accrue on this Certificate as set forth in the Pooling Agreement and the Supplement.

  • Subject to section 4 below, the Company promises to pay to the Holder of this Security the Fixed Principal Amount of this Security in eight (8) installments on the payment dates set forth below (collectively, the “Fixed Payment Dates”).

  • To the extent that the Excess Cash Payment is $1,000,000 or less, such amount will be an additional Principal amount payable hereunder that is in addition to all other amounts owing hereunder and will not be applied toward the payment of any Fixed Principal Amount, any Contingent Principal Amount (if any), or any interest owing hereunder.

  • In addition to paying the aggregate Fixed Principal Amount of this Security, pursuant to the terms of the Plan of Reorganization, the Company is also obligated, under certain circumstances, to make payments of additional Principal (collectively, all of such additional Principal payments are herein called the "Contingent Principal Amounts") to the Holder of this Security.

  • The Holders of a majority of the aggregate, outstanding Fixed Principal Amount of the Securities may direct the time, method, and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee.

Related to Fixed Principal

  • Scheduled Principal The principal portion of any Scheduled Payment.

  • Called Principal means, with respect to any Note, the principal of such Note that is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • Unscheduled Principal With respect to each Payment Date, the sum of:

  • Required Principal As determined for any Distribution Date for a given Series (or Class within such Series), unless otherwise specified in the related Supplement, the amounts on deposit in the Certificate Account allocable to principal payments on the Underlying Securities (including from Credit Support, if any, and Advances, if any, but excluding amounts in respect of principal payments to the extent that Advances with respect thereto were distributed as Required Principal on a prior Distribution Date) and required to be distributed in respect of the Certificates of such Series (or Class) in accordance with the terms of such Certificates and such related Supplement.

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