Payment of the Principal Sample Clauses

Payment of the Principal. The Trustor shall pay to the Beneficiary the Principal and any other payments as set forth in the Note in the amounts and by the times set out therein.
AutoNDA by SimpleDocs
Payment of the Principal. SIXTH. During the effectiveness period of this Agreement, the Borrower agrees to pay in favor of the Bank the quantities withdrawn, making the payments to the Bank for the principal, on each corresponding Payment Date, as established in the Promissory Note(s) with which the applicable provision has been documented. In case of any principal Payment Date were on a non-Business Day, the payment will be effected on the following business day.
Payment of the Principal. FIVE. During the life of this contract, "THE CLIENT" shall be obliged to repay to "BANCOMER" the sums he shall have used, making payments to "BANCOMER" by way of the principal, in the form laid down in this instrument, that is to say, on the due date for each payment.

Related to Payment of the Principal

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

Time is Money Join Law Insider Premium to draft better contracts faster.