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Remaining Principal Balance definition

Remaining Principal BalanceÌýmeans an amount equal to $ less all Principal Payments of Rent that have been made under this Lease in accordance with Exhibit C hereof and any prepayments of Principal Payments of Rent that have been made in accordance with Sections4.05 and 11.01 hereof.
Remaining Principal BalanceÌýor “RPBâ€� means, for a Securitized Product
Remaining Principal BalanceÌýor “RPBâ€� means, for an Asset-Backed

Examples of Remaining Principal Balance in a sentence

  • During the continuance of an Event of Default, Holder shall have the right to (i) accelerate the payment of the Remaining Principal Balance hereunder, and (ii) enforce this Note by exercise of the rights and remedies granted to it by applicable law.

  • This should be done in the aggregate; ie the Remaining Principal Balances of all pools in the claimable unit should be compared to the aggregate Calculated Remaining Principal Balance.

  • Notes and portions of Notes selected shall be in amounts equal to the Remaining Principal Balance of each Note or whole multiples of such Remaining Principal Balance.

  • Aggregate Principal Amount of Note Being Converted: Aggregate Interest/Fees Being Converted: Remaining Principal Balance: Number of Shares of Common Stock to be Issued: Applicable Conversion Price: [Holder Company Name] Name: Title: 1 All capitalized terms not herein defined shall have the meaning ascribed to them in the Note.

  • If the delivery of a pool is eligible for a claim, the Remaining Principal Balance of the pool delivered should be compared to the Calculated Remaining Principal Balance.

  • Monthly and quarterly reports must include the:ï‚� Section 184 Case Number;ï‚� Loan Identification Number;ï‚� Name of Borrower(s);ï‚� Address of Property;ï‚� Parcel ID;ï‚� Next Payment Due Date;ï‚� Remaining Principal Balance; andï‚� Name of Investor (if loan has been sold) Reports are due within 5 business days of the end of the reporting period.

  • Thereafter, the Bank shall apply any amounts received first to the payment of accrued interest on the Remaining Principal Balance at the Applicable Rate, and then to the payment of principal of the Remaining Principal Balance.

  • If the Aggregate Remaining Principal Balance is not be being paid in full in connection with such prepayment, the amount of any monies required to be used for prepayment of principal under Section 3.08 or Section 3.11 in excess of the Aggregate Prepayment Amount shall be placed first in the Debt Service Escrow Account unless or until the amount in the Debt Service Escrow Account is $2,000,000, and the balance of such monies, if any, shall be placed in the Sinking Fund.

  • This Section 9.15 does not apply to a suit by a Holder to enforce payment of principal of or interest on any Senior Debenture on the respective due dates, or a suit by Holders of more than 10% of the Aggregate Remaining Principal Balance of the Outstanding Senior Debentures.

  • The Bauer Bay, South Molle Island Location is the area bounded by the line starting at the point described in item 1 of the following table and running progressively as described in the table.


More Definitions of Remaining Principal Balance

Remaining Principal BalanceÌýof each Note means the original principal amount of each $500 Note less any amount of principal paid pursuant to the terms of each Note.
Remaining Principal Balance.ÌýAs of the cutoff date, the Principal Balance remaining of each Receivable is in an amount not less than $250 and not greater than $50,000.
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Remaining Principal BalanceÌýmeans with respect to New Note A or New Note B, as the case may be, on any date, the aggregate sum of all unpaid Principal Payments (as defined in New Note A or New Note B, as applicable), including, in the case of New Note B, any unpaid Deferred Payments (as defined in New Note B), as of such date.
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Remaining Principal Balance.ÌýThe positive difference, if any, obtained from the Collateral Principal Amount minus the Purchased Caa1 Obligation Balance.
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Related to Remaining Principal Balance

  • 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.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Class A-1 Principal Balance as of any date means the Class Aâ€�1 Initial Principal Balance less all amounts paid to the holders of Class Aâ€�1 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class B-6 Principal Balance As to the first Determination Date, the Original Class B-6 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a) and (b) the Realized Losses allocated through such Determination Date to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal Balance as of such Determination Date.

  • Class Principal Balance With respect to any Class and as to any date of determination, the aggregate of the Certificate Balances of all Certificates of such Class as of such date.