Common use of Interest Component Clause in Contracts

Interest Component. A portion of each Lease Payment due under each Property Schedule is paid as, and represents payment of, interest, and each Property Schedule hereunder shall set forth the interest component (or method of computation thereof) of each Lease Payment thereunder during the Lease Term.

Appears in 6 contracts

Samples: Master Agreement, Purchase Agreement, Exempt Lease Purchase Agreement

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Interest Component. A portion of each Lease Rental Payment due under each Property Schedule is paid as, and represents payment of, interest, and each Property Schedule hereunder shall set forth the interest component (or method of computation thereof) of each Lease Rental Payment thereunder during the Lease Term.

Appears in 4 contracts

Samples: Master Tax Exempt Lease Purchase Agreement, Escrow Agreement, Escrow Agreement

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Interest Component. A portion of each Lease Installment Payment due under each Property Schedule is paid as, and represents payment of, interest, and each Property Schedule hereunder shall set forth the interest component (or method of computation thereof) of each Lease Installment Payment thereunder during the Lease Term.

Appears in 1 contract

Samples: Exempt Installment Purchase Agreement

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