Examples of Principal Due in a sentence
For avoidance of doubt, the outstanding principal balance of the Loan, unreduced by the funds contained in Cash Loan Guaranty Fund, shall bear interest in accordance with Section 2.5. Closing Date through the Second anniversary of the Closing Date: No Principal Due (interest only) Second Anniversary of the Closing Date and thereafter: $1,880,000 annually ($156,667/month)All Liabilities which remain outstanding on the Maturity Date shall be due and payable on the Maturity Date.
Terms Applicable Upon ConversionThe following terms shall apply to this Note from the Conversion Date (if any) until this Note is canceled, or matured and paid in full: Commencing on the Conversion Date, the Borrower promises to pay to the Holder on the applicable Principal Due Date each Principal Amount set forth on the attached Schedule P&I, together with interest on each such Principal Amount at the rate applicable thereto specified on the Schedule P&I.
Principal Due and Payable as a Result of Event ofDefault or on Final Maturity Date 0.00 Per $1000 of Original1.
The total amount of Advances made for each Principal Due Date under this Note shall not exceed the applicable Commitment Amount for such Principal Due Date set forth on the Commitment Schedule attached hereto.
Interest on each scheduled Principal Amount of this Note due as of a given date specified on Schedule P&I hereto shall accrue at the related per annum rate specified on Schedule P&I from (and including) the Conversion Date to (but excluding) such Principal Due Date or, if applicable, to the applicable Interest Due Date on which an Optional Redemption (as defined below) occurs.
Principal Due: September 1 in each year as shown on the inside cover of this Official Statement.
Whether or not adjusted, each Principal Amount, the fixed rate applicable to each Principal Amount, and the applicable Principal Due Date, shall be listed by the Secretary in Schedule P&I.
The form contained a chart demonstrating that for Ms. Finander to purchase Service Credit Total of 5.0000, the Principal Due and the Total Due were $93,148.79.
Date of Registration: August 1, 2017 (Seal) Bryan Paterson, Mayor Desirée Kennedy, City TreasurerLOAN AMORTIZATION SCHEDULE Loan.....:1781Name.....:Kingston, The Corporation of the City ofPrincipal:$4,156,500.00Rate.....:03.2100%Term.....:240Paid.....:Semi-annualMatures..:08/01/2037 Pay # Date Amount Due Principal Due Interest Due Rem.
If, on or prior to the Conversion Date, the Borrower has not utilized the entire Commitment Amount indicated on the Commitment Schedule attached hereto for a given Principal Due Date, the Borrower may, in accordance with the Fiscal Agency Agreement and the Contract, and with the approval of the Secretary, utilize such Commitment Amount on the Conversion Date to obtain a Conversion Date Advance.