Remaining Principal Amount definition
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.