Examples of Principal Amortization Period in a sentence
As to principal outstanding under this Note, principal shall mature and become due and payable on each Monthly Principal Amortization Period Payment Date equal to the Monthly Principal Payment Amount.
As to principal outstanding hereunder, on each Monthly Principal Amortization Period Payment Date during the Principal Amortization Period, such amount as shall equal the Monthly Principal Amortization Period Payment Amount.
Interest on the Class X Notes will be paid pari passu with the interest on the Class A-1R Notes; provided that, during the Class X Principal Amortization Period, principal of the Class X Notes will be paid from Interest Proceeds prior to the principal of the Class A-1R Notes in accordance with the Priority of Payments.The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof (the “Authorized Denominations”).
Just accept that it is within each parties contractual right to delay up to thirty days.