Examples of Debt Portion in a sentence
The Debt Portion of the Security shall be treated as having been issued for the amount the initial Holder paid for the Security and the interest payments on the Security shall be treated in part as payments of interest and in part as payments for the Put Option.
The Company and the Holder further agree to treat % of the stated interest payments on the Security as payment of interest on the Debt Portion and the remaining % of the stated interest payments on the Security as payment for the Put Option.
In case of any such conveyance (but subject to the satisfaction of the conditions precedent specified herein), the Indenture Trustee shall release the Debt Portion or such lesser amount as may then be held in the Collateral Account for application to the payments contemplated in the last sentence of Section 3.02(a) hereof, subject to the proviso to Section 3.02(a) hereof.
Any amount withdrawn by the Indenture Trustee from the Collateral Account and not used to pay the Debt Portion of the Purchase Price of the Aircraft shall be deposited into one or more Outstanding C Accounts.
Except as set forth in the proviso to Section 3.02(a) hereof, the Indenture Trustee shall have released the Debt Portion from (or such lesser amount as may then be held in) the Collateral Account.