Outstanding Principal Value definition

Outstanding Principal Value means at any time, in relation to a Portfolio Asset, an Eligible Portfolio Asset or an Impaired Portfolio Asset:
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Outstanding Principal Value means as of any time of determination, 115% of all outstanding Principal of this Note as of such time of determination.
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Outstanding Principal Value shall have the meaning assigned to such term in the Notes.
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Examples of Outstanding Principal Value in a sentence

  • In the event of a partial redemption of this Note pursuant hereto, the Outstanding Principal Value of this Note redeemed shall be deducted from the Installment Amount(s) relating to the applicable Installment Date(s) as set forth in the Event of Default Redemption Notice.

  • In the event of a partial redemption of this Note pursuant hereto, the Outstanding Principal Value of this Note redeemed shall be deducted from the Installment Amount(s) relating to the applicable Installment Date(s) as set forth in the Change of Control Redemption Notice.

  • If the Company does not update the Register to record such Outstanding Principal Value, Interest, Make-Whole Amount and Late Charges converted and/or paid (as the case may be) and the dates of such conversions, and/or payments (as the case may be) within two (2) Business Days of such occurrence, then the Register shall be automatically deemed updated to reflect such occurrence.

  • In the event of a redemption of less than all of the Conversion Amount of this Note, the Company shall promptly cause to be issued and delivered to the Holder a new Note (in accordance with Section 20(d)) representing the Outstanding Principal Value of this Note which has not been redeemed.

  • The Holder and the Company shall maintain records showing the Outstanding Principal Value, Interest, Make-Whole Amount and Late Charges converted and/or paid (as the case may be) and the dates of such conversions, and/or payments (as the case may be) or shall use such other method, reasonably satisfactory to the Holder and the Company, so as not to require physical surrender of this Note upon conversion.

  • The Company and the holders of the Notes shall treat each Person whose name is recorded in the Register as the owner of a Note for all purposes (including, without limitation, the right to receive payments of Outstanding Principal Value, Interest and Make-Whole Amount hereunder) notwithstanding notice to the contrary.

  • In the event of a partial conversion of this Note pursuant hereto, the Outstanding Principal Value of this Note converted shall be deducted from the Installment Amount(s) relating to the Installment Date(s) as set forth in the applicable Conversion Notice.

  • The Holder and any transferee or assignee, by acceptance of a certificate, acknowledge and agree that, by reason of the provisions of this paragraph, following exchange of any Exchange Amount, the Outstanding Principal Value represented by such applicable Remaining Note may be less than the Original Principal A▇▇▇▇▇ stated on the face thereof.


More Definitions of Outstanding Principal Value

Outstanding Principal Value as of any time of determination, means 104% of all outstanding Principal of this Note as of such time of determination
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Outstanding Principal Value means the outstanding principal value of the Bond on the Issue Date as reduced by any partial redemption or repurchase from time to time (at the issuance the Outstanding Principal Value equals to the Nominal Value).
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Related to Outstanding Principal Value

  • Outstanding Principal Balance As of the time of any determination, the principal balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the case of an REO Property, the principal balance of the related Mortgage Loan remaining to be paid by the Mortgagor at the time such property was acquired by the Trust Fund less any Net Liquidation Proceeds with respect thereto to the extent applied to principal.