Outstanding Principal definition

Outstanding Principal means, on any given date and in relation to any Receivable, the sum of all (i) Principal Instalments due but unpaid at such date; and (ii) the Principal Instalments not yet due at such date.

Outstanding Principal means the total of the Purchase Price.

Outstanding Principal means, at any time, the aggregate of (a) the Equivalent Amount in United States Dollars of the principal of all outstanding Canadian Prime Rate Loans (b) the principal amount of all outstanding U.S. Base Rate Loans and Libor Loans, and (c) the Equivalent Amount in United States Dollars of the amounts payable at maturity of all outstanding Bankers’ Acceptances and BA Equivalent Advances.

Examples of Outstanding Principal in a sentence

• Upon any conversion pursuant to Section 2.1 or Section 2.2 hereof, the Outstanding Principal shall be converted into such number of Common Shares as is equal to the Outstanding Principal being divided by the Conversion Price.

• Any Outstanding Principal that is subject to the Conversion Notice shall not be reimbursed but shall be converted into Common Shares; the remainder of the Outstanding Principal subject to the Issuer Call Notice, if any, shall then be reimbursed at the Issuer Call Price within such ten (10) trading day period.

• The Corporation may, at its option, at any time prior to the Maturity Date of any outstanding Debentures and upon providing at least ten (10) trading days prior written notice (each, an Issuer Call Notice) to the holder, demand to reimburse one hundred percent (100%) of the Outstanding Principal of such Debentures, for cash, in an amount equal to one hundred and twenty percent (120%) of the principal amount of such Debentures (the Issuer Call Price).

• The Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder following the earlier of (a) two (2) trading days after delivery by the holder of a Conversion Notice or (b) upon the applicable Maturity Date of the Debentures.

• Upon receipt of an Issuer Call Notice, the holder shall have five (5) trading days to determine whether to convert any of the Outstanding Principal into Common Shares and, if so determined, to deliver a Conversion Notice.

More Definitions of Outstanding Principal

Outstanding Principal means the principal amount outstanding at the Termination Date of each borrowing (other than any borrowing under any equity bridge facility) under the [Credit Agreement]

Outstanding Principal means the aggregate, at any time, of:

Outstanding Principal means, on any given date and in relation to any Receivable, the sum of all

Outstanding Principal means the Number of Capital Certificates multiplied by the Nominal Value.

Outstanding Principal means, as of any date of determination, the aggregate amount of principal outstanding under all Loans on such date.

Outstanding Principal means, at any time, the aggregate principal amount of all outstanding Loans.

Outstanding Principal means, at any time, the aggregate of (i) the principal amount of all outstanding Canadian Prime Rate Loans, (ii) the Equivalent Amount in Canadian Dollars of the principal of all outstanding U.S. Base Rate Loans and Libor Loans, (iii) the amounts payable at maturity of all outstanding Bankers’ Acceptances and BA Equivalent Advances, (iv) the maximum amount available to be drawn under all outstanding Letters of Credit denominated in Canadian Dollars, and (v) the Equivalent Amount in Canadian Dollars of the maximum amount available to be drawn under all outstanding Letters of Credit denominated in United States Dollars.