Examples of Monthly Principal Payment Amount in a sentence
The Aggregate Loan Principal Balance shall be payable in installments equal to the Monthly Principal Payment Amount on each Distribution Date, to the extent of available funds therefor, in accordance with Section 2.06.
On each Payment Date an amount equal to the Monthly Principal Payment Amount and Investment Earnings for each Remaining Aircraft that is not part of the ACS Group Portfolio as of such Payment Date will be transferred to the Collections Account by the Operating Bank at the written direction of the Administrative Agent.
On the Distribution Date following each such Determination Date, the Trustee shall withdraw the Monthly Principal Payment Amount from the Series 2006-1 Principal Subaccount and deposit such amount in the Series 2006-1 Distribution Account, to be paid to the holders of the Series 2006-1 Notes.
The Monthly Principal Payment Amount is defined as an amount equal to Thirty Five Thousand and no/100 Dollars ($35,000.00) per month.
During any extension period provided for in Section 4 of the Loan Agreement, Borrower shall pay, on the first day of each month during the applicable extension period, a monthly principal installment on the Loan equal to the "Monthly Principal Payment Amount", defined below.