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).
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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.

Related to Return Principal

  • The Principal means the Principal of the College, or the Principal’s authorised representative.

  • Liquidation Principal The principal portion of Liquidation Proceeds received with respect to each Mortgage Loan which became a Liquidated Mortgage Loan (but not in excess of the principal balance thereof) during the Prior Period.

  • Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Securitization Bonds over the outstanding principal balance specified for such Payment Date on the Expected Amortization Schedule.

  • Return Date means the date on which the Insured is scheduled to return to the point where the Trip started or to a different specified Return Destination. This date is specified in the travel documents.

  • Rental Return Date means the return date listed on the car rental agreement.