Principal and Interest Loan definition

Principal and Interest Loan means a Loan repayable in accordance with clause 6.6(b);
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Principal and Interest Loan means the method of payment of the Establishment Fees and Upfront Annual Fee and Upfront Rent by instalments in accordance with the Principal and Interest Loan Agreement.
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Principal and Interest Loan means the method of payment of the Establishment Fees by instalments in accordance with the Principal and Interest Loan Agreement. “
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Examples of Principal and Interest Loan in a sentence

  • Interest on an Interest Only Loan or a Principal and Interest Loan will be added to the Loan on each Date for Payment (or on such other date as the Lender shall elect).

  • Default Interest on an Interest Only Loan or a Principal and Interest Loan will be added to the Loan on each Date for Payment (or on such other date as the Lender shall elect).

  • Payment Schedule Repayment Amount Repayment Frequency First Payment Due Last Payment Due Number of Payments Term of loan Total Amount of Payments Consists of New Loan Total plus Total Interest Changes over the term of the loan Loan Class Principal and Interest Loan Purpose Securities The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any).

  • Interest on an Interest Only Loan or a Principal and Interest Loan will be added to the Loan on the last day of each month (or on such other date as the Lender shall elect).

  • Genius AFC has launched various financing products including Equal Principal and Interest Loan, Balloon Loan, and 5050 Loan, accommodating different client groups’ financing needs.

  • Payment Schedule Includes Interest Charges Repayment Amount Repayment Frequency First Payment Due Last Payment Due Number of Payments Term of loan Total Amount of Payments Consists of New Loan Total plus Total Interest Changes over the term of the loan Loan Class Principal and Interest Loan Purpose Securities The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any).

  • Transfer of shares of shareholders under the tender offers would be made by Selling Brokers using the settlement number to be provided by the Clearing Corporation to transfer the shares in favour of Clearing Corporation.

  • CGTMSE’s website has been reconstructed to make it more user- friendly and informative with hyperlink to websites of its Member Lending Institutions / other development institutions / agencies.

  • Further, Applications for the Principal and Interest Loan Option will be reviewed on an Application by Application basis.

  • The finance options are:• a 12 month interest free loan under a 12 Month Interest Free Loan Agreement; and• a principal and interest loan for 3 or 5 years under a Principal and Interest Loan Agreement.

Related to Principal and Interest Loan

  • Principal and Interest Account The principal and interest account created by the Servicer pursuant to Section 8.08(a) hereof. The Principal and Interest Account shall be an Eligible Account.

  • Payments of Principal and Interest Payments of Principal and Interest. Promptly after each Regular Record Date, the Trustee will deliver to the Company and DTC a written notice specifying by CUSIP number the amount of interest, if any, to be paid on each Global Note on the following Interest Payment Date (other than an Interest Payment Date coinciding with a Maturity Date) and the total of such amounts. DTC will confirm the amount payable on each Global Note on such Interest Payment Date by reference to the daily bond reports published by Standard & Poor's. On such Interest Payment Date, the Company will pay to the Trustee, and the Trustee in turn will pay to DTC, such total amount of interest due (other than on the Maturity Date), at the times and in the manner set forth below under "Manner of Payment". If any Interest Payment Date for any Note is not a Business Day, the payment due on such day shall be made on the next succeeding Business Day and no interest shall accrue on such payment for the period from and after such Interest Payment Date.

  • Unpaid Interest Amount As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Class Unpaid Interest Amounts As to any Distribution Date and Class of interest bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Bond and Interest Fund means the Bond and Interest Fund of the Issuer for its general obligation bonds.

  • Bond Interest Rate means, with respect to any Tranche of Storm Recovery Bonds, the rate at which interest accrues on the Storm Recovery Bonds of such Series or Tranche, as specified in the Series Supplement.

  • Class Unpaid Interest Shortfall As to any Distribution Date and each interest-bearing Class, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of interest actually distributed on such Class on such prior Distribution Dates pursuant to clause (ii) of the definition of "Interest Distribution Amount."

  • Class D Interest Rate means 3.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Unpaid Interest Shortfalls Each of the Class A Unpaid Interest Shortfalls, the Class B-1 Unpaid Interest Shortfall, the Class B-2 Unpaid Interest Shortfall, the Class B-3 Unpaid Interest Shortfall, the Class B-4 Unpaid Interest Shortfall, the Class B-5 Unpaid Interest Shortfall and the Class B-6 Unpaid Interest Shortfall.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.15% per annum with respect to the Class A Notes.

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.