Examples of First Principal Payment Date in a sentence
Commencing on the First Principal Payment Date, as set forth in Section 2.1(b), said interest shall be payable on the principal payment installment due dates at the following rate per annum.
BOND SUMMARY (to Maturity) Class A to Maturity CPR Draw Rate WAL Modified Duration(1) First Principal Payment Date Last Principal Payment Date Principal Window (months) (1) Modified duration calculated assuming a price of 100.00%.
With respect to each Advance, the amount of principal due on the First Principal Payment Date, on each Payment Date to occur thereafter, and on the Maturity Date shall be, in each case, substantially equal to the amount of every other quarterly installment of principal and shall be sufficient, when added to all other such quarterly installments of equal principal, to repay the principal amount of the respective Advance in full on the Maturity Date.
Commencing on the First Principal Payment Date, as set forth in Section 2.1(b), said interest shall be payable on the principal payment installment due dates at the following rate per annum: Libor Rate Libor Rate (London Interbank Offered Rates as reported in the Wall Street Journal on the last business day of the preceding month) interest shall accrue from the date of each Advance at a variable rate per annum equivalent to the 1-month Libor Rate plus 3% (the “Variable Rate”).
Commencing on the First Principal Payment Date, as set forth in Section 2.2(b), said interest shall be payable on the principal payment installment due dates at the following rate per annum: Libor Rate Libor Rate (London Interbank Offered Rates as reported in the Wall Street Journal on the last business day of the preceding month) interest shall accrue from the date of each Advance at a variable rate per annum equivalent to the 1-month Libor Rate plus 3% (the “Variable Rate”).