Lease Principal definition

Lease Principal means, with respect to any Lease, that portion of the Monthly Payment that is not a Lease Charge.
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Lease Principal means the costs associated with all or any items of Equipment as described in the Equipment Attachment to the pertinent Lease Addendum, and being the sum of the Principal Portions of the Rents shown on the Rent Payment Attachment.
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Lease Principal the maximum daily balance of the principal of the finance lease under the Tiancheng Leasing Framework Agreement
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Examples of Lease Principal in a sentence

  • Base Rent each month shall be a fixed amount comprised of the Lease Principal Payment and the Lease Interest Payment.

  • SITLA and Principal are parties to Special Use Lease No. , dated (the “Lease”), which Lease Principal and Surety have reviewed.

  • Each installment of Base Rent is comprised of the Lease Principal Payment and the Lease Interest Payment.

  • For the period from 1 January 2022 to 30 September 2022, the maximum daily balances of the Lease Principal between the Company and its subsidiaries and Tiancheng Leasing was RMB2.126 billion (unaudited), and the Lease Interest was RMB117 million (unaudited).

  • The scope of the Pledge includes all the Lease Principal, Lease Interest, penalty compensation, handling fee, liquidated damages, damages, cost for exercising creditor’s rights and other payables under the Finance Lease Agreement.

  • The assignee shall acquire all rights and benefits of its predecessor in interest under the terms of this Lease, including credit for all Lease Principal Payments and Lease Interest Payments.

  • SITLA and Principal are parties to Special Use Lease No. , dated (the “Lease”), which Lease Principal has reviewed.

  • The assignee shall acquire all rights and benefits of its predecessor in interest under the terms of this Lease, including credit for all Lease Principal Payments and Lease Interest Payments681.

  • The terms of the Finance Lease Agreement, including the transfer consideration for the Leased Assets, Lease Principal, lease interest and other expenses under the Finance Lease Agreement were determined upon arm’s length negotiation between the Lessee and the Lessor with reference to the book value of the Leased Assets and the recent financing cost of the Group.

  • Schedule I LEASE PURCHASE PRICE AMORTIZATION Payment Date Lease Interest Payment Lease Principal Payment Outstanding Principal Balance EXHIBIT "A" Legal Description of the Land (To be attached) EXHIBIT "B" Diagram of Premises (To be attached) EXHIBIT "C" LANDLORD'S WORK ADDENDUM (Lease Purchase) THIS LANDLORD'S WORK ADDENDUM forms a part of the Charter School Lease Purchase executed by Landlord and School.


More Definitions of Lease Principal

Lease Principal means, in respect of any payment on account of a Lease or the related Lease Rights, that portion thereof, if any, which is equal to or should be applied against, as the case may be, the depreciation rent owing in respect thereof (whether or not due under such Lease), as determined based on the depreciation rate contained in the lease schedule, supplement or new unit notice forming part of such Lease.
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Lease Principal. With respect to any Lease Payment for any period under a Lease Contract, the amount determined by subtracting from the amount of such Lease Payment the amount determined to constitute Lease Interest for such Period.
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Lease Principal refers to the financing amount actually provided by Party A for Party B after deduction of the Down Payment of Rents from the Lease Funds.
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Related to Lease Principal

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

  • Monthly Principal is defined in Section 4.1(d).

  • Recovery Principal With respect to any Payment Date, the sum of (a) the excess, if any, of the Credit Event Amount for such Payment Date, over the Tranche Write-down Amount for such Payment Date; and (b) the Tranche Write-up Amount for such Payment Date.

  • Class A Monthly Principal shall have the meaning specified in Section 4.03(a).

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

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Class B Monthly Principal shall have the meaning specified in Section 4.03(b).

  • Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

  • 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.

  • Collateral Monthly Principal means the monthly principal distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.07(c).

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Subordinate Optimal Principal Amount For any Distribution Date and any Loan Group, the sum for each Mortgage Loan in such Loan Group of (i) the Subordinate Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each such Mortgage Loan on the related Due Date, (b) the principal portion of the Purchase Price of each such Mortgage Loan to the extent it was repurchased by the Transferor pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan related to such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds (including Insurance Proceeds) allocable to recoveries of principal of Mortgage Loans related to such Loan Group that are not yet Liquidated Loans, received during the calendar month preceding the month of such Distribution Date, (ii) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Loan during the calendar month preceding the month of such Distribution Date, the portion of the amount of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan that was not included in clause (ii) of the definition of "Senior Optimal Principal Amount" for such Distribution Date, (iii) the Subordinate Prepayment Percentage of the sum of (a) all Principal Prepayments in Full of Mortgage Loans in such Loan Group received during the related Prepayment Period and (b) all partial Principal Prepayments of Mortgage Loans in such Loan Group and applied during the related Prepayment Period and (iv) with respect to any Distribution Date prior to the Cross-Over Date only, the Subordinate Prepayment Percentage related to such Group of the Recoveries received during the related Prepayment Period; provided, however, that if a Bankruptcy Loss that is an Excess Loss is sustained with respect to a Mortgage Loan in such Loan Group that is not a Liquidated Loan, the Subordinate Optimal Principal Amount will be reduced on the related Distribution Date by the Subordinate Percentage of the principal portion of such Bankruptcy Loss.

  • Original Subordinate Principal Balance The sum of the aggregate Current Principal Amounts of each Class of Subordinate Certificates as of the Closing Date.

  • Current Principal Amount With respect to any Certificate (other than an Interest Only Certificate) as of any Distribution Date, the initial principal amount of such Certificate, and reduced by (i) all amounts distributed on previous Distribution Dates on such Certificate with respect to principal, (ii) the principal portion of all Realized Losses allocated prior to such Distribution Date to such Certificate, taking account of the Loss Allocation Limitation and (iii) in the case of a Subordinate Certificate, such Certificate's pro rata share, if any, of the applicable Subordinate Certificate Writedown Amount for previous Distribution Dates. With respect to any Class of Certificates (other than an Interest Only Certificate), the Current Principal Amount thereof will equal the sum of the Current Principal Amounts of all Certificates in such Class. Notwithstanding the foregoing, solely for purposes of giving consents, directions, waivers, approvals, requests and notices, the Class R-I, Class R-II and Class R-III Certificates after the Distribution Date on which they each receive the distribution of the last dollar of their respective original principal amount shall be deemed to have Current Principal Amounts equal to their respective Current Principal Amounts on the day immediately preceding such Distribution Date.

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • Collateral Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Collateral Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Planned Principal Balance means for any Distribution Date, the balance shown for such Distribution Date on Schedule XVII.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Building principal means a building principal subject to annual performance evaluation review under the provisions of Education Law Section 3012-c.

  • Original Principal Balance Any of the Original Principal Balances of the Classes of Class A Certificates as set forth in Section 11.05; the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance or Original Class B-6 Principal Balance as set forth in Section 11.15.