Common use of ELEMENT Clause in Contracts

ELEMENT. 1ST PART Reimbursement of principal over the term of the lease according to the accelerated amortization method, in accordance with the foregoing table, for the entire principal invested in the operation by NORBAIL IMMOBILIER less the amount of the initial advance paid by the LESSEE.

Appears in 2 contracts

Sources: Property Lease (Esterline Technologies Corp), Property Lease (Esterline Technologies Corp)