Examples of Principal Terms in a sentence
Pursuant to this Series Supplement, the Seller and the Trust shall create a new Series of Investor Certificates and shall specify the Principal Terms thereof.
Interest on the Facility will be calculated in accordance with the “Method of Charging Interest” section of the Principal Terms of the Facility Agreement.
If the Customer fails to pay any amount to the Creditor when due under a Transaction Document, the Customer will, upon demand by the Creditor, pay to the Creditor default interest on the overdue amount at the default interest rate and for the period specified under the “Default Interest Charges” heading in the “What could happen if you fail to meet your commitments” section of the Principal Terms of the Facility Agreement.
Interest on a Facility will accrue from the Commencement Date at the rate specified in the “Interest” section of the Principal Terms of the Facility Agreement and will be payable at the times and in the manner specified in that section.
The New Club and the player must specifically identify in the Offer Sheet those provisions they believe are Principal Terms.