Scheduled Principal Payment Amount definition

Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

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Scheduled Principal Payment Amount means, with respect to any Payment Date following a Scheduled Principal Payment Event, an amount equal to the sum of the Series Principal Payment Amounts due and payable on each Series of Terms Notes then outstanding.

Scheduled Principal Payment Amount. With respect to any Series of Notes, the amount identified as such in the related Supplement.

Examples of Scheduled Principal Payment Amount in a sentence

With respect to any Series, the date on which the principal balance of the Outstanding Notes of such Series are expected to be paid in full assuming that the Scheduled Principal Payment Amount for such Series are paid in full as such Scheduled Principal Payment Amount have become due.
In connection with any such prepayment of principal, each applicable Scheduled Principal Payment Amount relating to the Class of Notes receiving such prepayment shall be ratably reduced.
In addition, the Scheduled Targeted Principal Balance on the Redemption Date will be reduced by the Allocable Scheduled Principal Amount for each Series on such Payment Date, and the Scheduled Targeted Principal Balances on all succeeding Payment Dates shall be reduced by the amount of such Optional Redemption or Acquisition Balance Redemption minus the Allocable Scheduled Principal Payment Amount, allocated pro rata among such Payment Dates.
The Borrower shall make principal payments on the Term Loans on each Payment Date commencing on the first Payment Date following the Closing Date, with the amount of each such principal installment equal to the Scheduled Principal Payment Amount; it being further agreed that a final payment comprised of all principal and interest not previously paid on the Term Loans, shall be due and payable on the Scheduled Maturity Date.
On each Payment Date occurring on or after the Conversion Date (other than the Maturity Date), the unpaid principal balance of all Credit Loans outstanding shall be payable on each Payment Date in an amount equal to the Scheduled Principal Payment Amount.

More Definitions of Scheduled Principal Payment Amount

Scheduled Principal Payment Amount means, for any Payment Date, an amount equal to the excess of (a) the Note Principal Amount on such Payment Date over (b) the Scheduled Note Principal Amount for such Payment Date.

Scheduled Principal Payment Amount means, with respect to the ACS Group Loans, as of any Payment Date the sum of (a) an amount equal to the sum of the Monthly Principal Payment Amounts, for each ACS Group Aircraft, (b) an amount equal to 110% the Allocable Debt Amount for any ACS Group Aircraft subject to an Aircraft Sale since the Calculation Date with respect to the Payment Date immediately preceding such Payment Date and (c) in the case of the Payment Date immediately following the occurrence of a Non-Delivery Event in respect of any ACS Group Aircraft, an amount equal to 110% of the Allocable Debt Amount for such Aircraft.

Scheduled Principal Payment Amount means (i) with respect to any Settlement Date prior to the Commitment Termination Date, zero (0); and (ii) with respect to any Settlement Date on or following the Commitment Termination Date, the excess, if any, of (x) the then Note Principal over (y) the Scheduled Targeted Principal Balance for the Notes for such Settlement Date.

Scheduled Principal Payment Amount means, for the Series 2012-1 Notes for any Payment Date, one of the following:

Scheduled Principal Payment Amount means, for the Series 2013-1 Notes on each Payment Date, an amount equal to the excess, if any, of (x) the Aggregate Series 2013-1 Note Principal Balance as of such Payment Date (after giving effect to any Minimum Principal Payment Amount actually paid on such Payment Date with respect to the Series 2013-1 Notes but prior to giving effect to any other principal payments scheduled to be paid with respect to the Series 2013-1 Notes on such Payment Date) over (y) the Scheduled Targeted Principal Balance for the Series 2013-1 Notes on such Payment Date.

Scheduled Principal Payment Amount. One of the following:

Scheduled Principal Payment Amount. Except as set forth in an applicable Supplement, for any Payment Date for any Series, the excess, if any, of (x) the then unpaid principal balance of such Series of Outstanding Notes (after giving effect to any payment of the Minimum Principal Payment Amount for such Series on such Payment Date) over (y) the Scheduled Targeted Principal Balance for such Series for such Payment Date.

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