Principal Portion definition

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 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 principal portion of the Basic Rent Payments as set forth in

Examples of Principal Portion in a sentence

  • The Balance/Amount of Beginning Aggregate Scheduled Principal Balance of Liquidations/Charge-offs includes the Principal Portion of Servicing Modification Realized Losses.

  • Principal Portion of the Work - Work or equipment provided by a Subcontractor with which the Contractor has a direct Contract; and Sub-Subcontractors or other material or equipment providers as designated by the Architect or Project Manager.

  • The Letter of Credit Amounts and the respective Principal Portion and Interest Portion of the Letters of Credit shall be automatically reduced as specified in the applicable Letter of Credit.

  • Upon any partial prepayment, the amount of each Interest Portion of Basic Rent coming due thereafter will be reduced by the amount of such Interest Portion attributable to such prepaid Principal Portion determined by applying the annual interest rate corresponding to such prepaid Principal Portion as shown on Exhibit A.

  • The City will receive credit against its obligation to pay the Interest Portion or Principal Portion of Basic Rent to the extent moneys are on deposit in the Lease Revenue Fund and are available to pay the Interest Portion or the Principal Portion of Basic Rent represented by the Certificates.


More Definitions of Principal Portion

Principal Portion will have the meaning ascribed to such term in the Letters of Credit.
Principal Portion means the principal portion of the Basic Rent Payments as set forth in Exhibit A.
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 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.
Principal Portion means the portion of each Basic Rent Payment that represents the payment of principal, as provided by the Lease.