Principal Portion definition
Principal Portion means the portion of each Base Rentals payment that represents the payment of principal set forth in Exhibit C (Base Rentals Schedule) hereto.
Principal Portion means the amount that is shown for each Rental Payment Date under the column titled “Principal Portion” on the Payment Schedule.
Principal Portion means the principal portion of the Basic Rent Payments as set forth in Exhibit A.
Examples of Principal Portion in a sentence
Except for the Lease Revenue Fund, there are no other funds pledged or committed in a manner that provides a reasonable assurance that such funds would be available for payment of the Principal Portion and Interest Portion of Basic Rent Payments represented by the Certificates if the City encounters financial difficulty.
More Definitions of Principal Portion
Principal Portion means, in respect of the conversion of any Note, the sum of the Daily Principal Portions for each Trading Day during the Observation Period for such conversion.
Principal Portion means, with respect to each Lease, the amount that is shown for each Rental Payment Date under the column titled “Principal Portion” on the Payment Schedule.
Principal Portion means the principal portion of the Basic Rent Payments as set forth in
Principal Portion will have the meaning ascribed to such term in the Letters of Credit.
Principal Portion has the meaning set forth in the definition of Release Amount.
Principal Portion means, individually or collectively as the context may require, the Unit 1 Principal Portion and/or the Unit 2 Principal Portion.
Principal Portion. With respect to each of the Group I Senior Notes and the Group II Senior Notes and any Payment Date, the percentage equivalent of a fraction, the numerator of which is the Principal Funds for the related Loan Group on such date, and the denominator of which is the sum of Principal Funds for both Loan Groups on such date.