Return Principal definition
Return Principal means an agreed amount of installment of the Principal Amount to be paid to the Designated Account by the Bank on each of the Monthly Payable Payment Date during the Deposit Term. For the avoidance of doubt, the amount of Return Principal shall not exceed the quotient of the Principal Amount divided by the Deposit Term (expressed in months).
Examples of Return Principal in a sentence
With respect to any such Tax Return, Principal Stockholder shall pay Parent any amount for which Principal Stockholder is responsible under Section 10.2(c) no later than five (5) Business Days prior to the date such Tax Return is to be filed.