Examples of Component E in a sentence
Borrower, at its sole cost and expense, shall maintain in full force and effect throughout the term of the Loan an Interest Rate Protection Agreement with respect to Component B, Component C, Component D and Component E, which Interest Rate Protection Agreement shall be structured with LIBOR strike rates equal to the Maximum Interest Rate minus the Spread applicable to such Component.
Unless otherwise elected by Lender, such payments shall be applied (i) first, to the payment of interest then due and owing under Component A; (ii) second, to the payment of interest then due and owing under Component B; (iii) third, to interest then due and owing under Component C; (iv) fourth, to interest then due and owing under Component D; and (v) fifth, to interest then due and owing under Component E.
For the purpose of computing interest payable from time to time on the principal amount of the Loan and certain other computations set forth herein, the principal balance of the Loan shall be divided into Component A, Component B, Component C, Component D, Component E, Component F, Component G and Component HRR.
For the purpose of computing interest payable from time to time on the principal amount of the Loan and certain other computations set forth herein, the principal balance of the Loan shall be divided into Component A, Component B, Component C, Component D, Component E and Component HRR.
The principal amount of each Component shall be as follows: (a) Component A having a principal balance of $163,000,000.00, (b) Component B having a principal balance of $49,500,000.00, (c) Component C having a principal balance of $23,500,000.00, (d) Component D having a principal balance of $75,000,000.00 and (e) Component E having a principal balance of $54,000,000.00.