Examples of Installment Payment Amount in a sentence
The principal of each Installment Certificate shall be payable in installments, on each Installment Payment Date, in amounts equal to the Installment Payment Amount for such Installment Payment Date.
Any amount of interest or principal (including any Installment Payment Amount) payable hereunder which is not paid when due shall, to the maximum extent permitted by law, bear interest from the due date thereof until the date of payment at an interest rate equal to the interest rate specified above plus 2% per annum.
These capital leases consist of the following at December 31, 2007: Lease Maturity Installment Payment Amount Original Balance Business-Type Activities 2003 tractor2008Monthly$ 511$ 26,900$ 3,0182005 mower2009Annual4,80719,9088,7912005 top-dresser2009Annual2,3029,510 3,772 Total Business-Type ActivitiesCapital Leases $ 15,581 3.
Maturity Installment Payment Amount Original Balance Land 2017 Annually $ 70,000 $ 200,000 $ 140,000 The future minimum lease obligations and the net present value of these minimum lease payments as of December 31, 2015, were as follows: Year Ending December 31 Governmental Activities 2016 $ 70,0002017 70,000 Present Value of Minimum Lease Payments $ 140,000 3.Detailed Notes on All Funds C.
The principal of each Equipment Note shall be payable in installments, on each Installment Payment Date and the Maturity Date, in amounts equal to the Installment Payment Amount for each such Installment Payment Date and Maturity Date as set forth for such Equipment Notes.