Remaining Principal Amount definition

Remaining Principal Amount means the difference between the Principal Amount and the sum of the ROC Payments paid during the term of the Note Securities.
Remaining Principal Amount with respect to a Note shall mean the Initial Principal Amount of such Note less any principal amounts of such Note redeemed pursuant to Article Twelve and less any amortization payments paid on such Note.
Remaining Principal Amount means, on any date, the aggregate sum of all unpaid Principal Payments as of such date.

Examples of Remaining Principal Amount in a sentence

  • The Lender hereby instructs the Borrower, and the Borrower hereby agrees, that, on the closing date of the IPO, subject to the closing of the IPO, the Borrower will effectuate the Conversion by issuing to the Lender, in exchange for the Remaining Principal Amount Outstanding under the Convertible Debentures, a number of Shares equal to “X” (as defined below) and causing Global Medical REIT, L.P., the Borrower’s operating partnership, to issue to the Lender a number of Units equal to 1,179,019 – X.

  • Date Principal Amount by which this Note is to be Decreased or Increased and the Reason for the Decrease or Increase Remaining Principal Amount of this Note Signature of Authorized Signatory of Series Trustee TO: Dominion Resources, Inc.

  • In case of any redemption at the election of the Company of less than 100% of the Remaining Principal Amount of the Notes Outstanding, the Company shall, at least 60 days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date and of the principal amount of Notes to be redeemed.

  • If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the Remaining Principal Amount thereof shall, until paid, bear interest from the Redemption Date at the rate borne by the Note.

  • Date Principal Amount by which this Note is to be Decreased or Increased and the Reason for the Decrease or Increase Remaining Principal Amount of this Note Signature of Authorized Officer of Series Trustee TO: Dominion Resources, Inc.

  • At the option of the Holder, Notes of any series may be exchanged for other Notes of the same series, of any authorized denominations and of like tenor and aggregate Remaining Principal Amount, upon surrender of the Notes to be exchanged at such office or agency.

  • Date Principal Amount by which this Note is to be Decreased or Increased and the Reason for the Decrease or Increase Remaining Principal Amount of this Note Signature of Authorized Signatory of Series Trustee [THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY.

  • Neither the partial payment of the Original Principal Amount through issuance of the Shares, nor the extension of the Maturity Date to the Extended Maturity Date with respect to the Remaining Principal Amount, shall constitute an Event of Default under the Agreement or this Amendment.

  • Interest payable on the Remaining Principal Amount (including all PIK Amounts (as defined below) added thereto, the “Principal Amount”) shall accrue at a rate per annum equal to eight percent (8%) (the “Contract Rate”).

  • If the Notes are to be redeemed in part, the amount to be redeemed shall be allocated pro rata according to the then Remaining Principal Amount among all of the Notes Outstanding at the Redemption Date.


More Definitions of Remaining Principal Amount

Remaining Principal Amount when used with respect to any Amortizing Bond, means the sum of remaining principal payments with regard to such Amortizing Bond.
Remaining Principal Amount when used with respect to any Note, means the sum of the remaining principal payments with regard to such Note.
Remaining Principal Amount with respect to a Bond means the Initial Principal Amount of such Bond less any principal amounts of such Bond redeemed pursuant to Article Twelve or Section 3.15(2) hereof and less any amortization payments paid on such Bond.
Remaining Principal Amount means the portion of the Principal Amount that has not been called for repayment by the Bank on a Call Date.
Remaining Principal Amount shall have the meaning set forth in Section 2.4.2.
Remaining Principal Amount means, with respect to a Buyer as of any date of determination, the difference of (A) such Buyer's Subsequent Closing Percentage of $40,000,000 minus (B) the aggregate principal amount of Notes purchased by such Buyer pursuant to this Agreement prior to such date of determination.

Related to Remaining Principal Amount

  • Outstanding Principal Amount means, in respect of a Covered Bond, its principal amount less, in respect of any Instalment Covered Bond, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.06 or otherwise as indicated in the Final Terms.

  • Current Principal Amount With respect to any Certificate (other than an Interest Only Certificate) as of any Distribution Date, the initial principal amount of such Certificate, and reduced by (i) all amounts distributed on previous Distribution Dates on such Certificate with respect to principal, (ii) the principal portion of all Realized Losses allocated prior to such Distribution Date to such Certificate, taking account of the Loss Allocation Limitation and (iii) in the case of a Subordinate Certificate, such Certificate's pro rata share, if any, of the applicable Subordinate Certificate Writedown Amount for previous Distribution Dates. With respect to any Class of Certificates (other than an Interest Only Certificate), the Current Principal Amount thereof will equal the sum of the Current Principal Amounts of all Certificates in such Class. Notwithstanding the foregoing, solely for purposes of giving consents, directions, waivers, approvals, requests and notices, the Class R-I, Class R-II and Class R-III Certificates after the Distribution Date on which they each receive the distribution of the last dollar of their respective original principal amount shall be deemed to have Current Principal Amounts equal to their respective Current Principal Amounts on the day immediately preceding such Distribution Date.

  • PO Principal Amount As to any Distribution Date and Loan Group, the sum of the applicable PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with any Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.

  • Class Principal Amount With respect to each Class of Certificates other than any Class of Notional Certificates, the aggregate of the Certificate Principal Amounts of all Certificates of such Class at the date of determination. With respect to each Class of Notional Certificates, zero.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.