Principal and Make Sample Clauses
The "Principal and Make" clause defines the main financial obligations and the specific payments required under an agreement. Typically, it outlines the principal amount owed and details how and when payments must be made, such as installment schedules or lump-sum payments. This clause ensures both parties are clear on the exact financial commitments, reducing the risk of disputes over payment terms and helping to enforce timely and accurate fulfillment of monetary obligations.
Principal and Make. Whole Amount Payments — the Company shall fail to make any payment of principal or Make-Whole Amount on any Note on or before the date such payment is due; or
