Net Outstanding Amount definition

Net Outstanding Amount means, as of any date of determination with respect to any Existing Notes, the sum of (x) the aggregate principal amount thereof outstanding at such time minus (y) up to $[***] of Additional Equity Proceeds that are held in a Blocked Account (which proceeds shall not, for the avoidance of doubt, constitute Qualified Cash).
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Net Outstanding Amount means , at any time, the then Principal Outstanding Amount minus the aggregate amount of cash (if any) then pledged under the Debentures and deposited in the Second Portion Trust Account and in the Third Portion Trust Account;
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Net Outstanding Amount on any day, the excess, if any, of (a) the aggregate outstanding principal amount of the Total Loans on such day over (b) the aggregate closing credit balances of all Pledged Deposit Accounts on such day.
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Examples of Net Outstanding Amount in a sentence

  • Simple annual interest rate of Prime Rate plus 2% will be applied to the Net Outstanding Amount.

  • Additional overdue interest for the second reminder period will be calculated based on 15 calendar day period on the Net Outstanding Amount.

  • The Total Overdue Amount shown on the Second Reminder Notice should equal to the sum of the Net Outstanding Amount, the overdue interest for the first reminder period and the overdue interest for the second reminder period.

  • Net Outstanding Amount Chargeable amount less partial payment, previous overpayment, and net credit amount.

  • PCCWHKTC shall be responsible for the recovery effort of any Net Outstanding Amount and overdue interest.

  • The overdue interest will be calculated based on 15 calendar day period on the Net Outstanding Amount.

  • Simple annual interest rate of Prime Rate plus 2% will apply to the Net Outstanding Amount.

  • The Total Overdue Amount on the First Reminder Notice should equal to the sum of the Net Outstanding Amount and the overdue interest calculated for the Net Outstanding Amount.

  • All loss or depreciation in value of Base Inventory shall be immediately reflected in the Net Security Value of Base Inventory, and all payments on Base Accounts and all adjustments and credits with respect thereto, whether unilateral, negotiated or otherwise, shall be immediately reflected in the Net Outstanding Amount of Base Accounts.

  • Any account debtor or consolidated group on a consolidated basis which has 35% or more of its aggregate Accounts owing to a Borrower excluded from the definition of "Net Outstanding Amount of Base Accounts" pursuant to any of the provisions of that definition; provided, that, amounts that are secured by a letter of credit shall be included in the Net Outstanding Amount of Base Accounts to the extent otherwise permitted in the definition thereof even if the account debtor would otherwise be ineligible.


More Definitions of Net Outstanding Amount

Net Outstanding Amount means at any time the Aggregate Outstanding Amount minus the amount on deposit in the Reserve Account as of such time minus the amount of funds on deposit in any Defeasance Account to be distributed to Noteholders in reduction of the Outstanding Principal Balance of their Notes.
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Net Outstanding Amount means, at any time, (a) the aggregate Outstanding Principal Balance of the Notes at such time minus (b) the amount on deposit in the Reserve Account allocable to the Notes at such time.
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Related to Net Outstanding Amount

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Total Outstanding Amount means, at any date, the sum of the aggregate outstanding principal amount of all Loans plus the aggregate LC Exposures of all Lenders at such date.

  • Outstanding Amount means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date of determination.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.