Common use of Interest and Principal Components Clause in Contracts

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal as more fully detailed on the Payment Schedule.

Appears in 19 contracts

Sources: Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal. Each Lease shall set forth the principal as more fully detailed on and interest components of each Rental Payment payable thereunder during the Payment ScheduleLease Term.

Appears in 5 contracts

Sources: Master Equipment Lease/Purchase Agreement, Master Equipment Lease and Sublease Agreement, Master Equipment Lease and Sublease Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal. Each Lease shall set forth the principal as more fully detailed on and interest components of each Rental Payment payable thereunder during the Payment Scheduleapplicable Lease Term.

Appears in 3 contracts

Sources: Master Equipment Lease/Purchase Agreement, Master Equipment Lease/Purchase Agreement, Master Equipment Lease/Purchase Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal as more fully detailed on the Payment ScheduleSchedule for each Lease.

Appears in 2 contracts

Sources: Master Equipment Lease/Purchase Agreement, Master Equipment Lease/Purchase Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interestinterest which begins to accrue as of the Commencement Date, and the balance of each Rental Payment is paid as, and represents payment of, principal as more fully detailed on the Payment Schedule.

Appears in 1 contract

Sources: Tax Exempt Equipment Lease/Purchase Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, as interest, and the balance of each Rental Payment is paid as, and represents payment of, principal as more fully detailed on the Payment Scheduleprincipal.

Appears in 1 contract

Sources: Municipal Lease and Option Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal. Each Schedule will set forth the interest component and the principal as more fully detailed on component of each Rental Payment during the Payment ScheduleLease Term.

Appears in 1 contract

Sources: Financing Agreement

Interest and Principal Components. A portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal as more fully detailed on the Payment Schedule. Any amounts due and owing hereunder are subject to appropriation by the governing body of ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Equipment Lease/Purchase Agreement

Interest and Principal Components. A portion of each Rental Lease Payment is paid as, and represents payment of, interest, and the balance of each Rental Lease Payment is paid as, and represents payment of, principal. Each Schedule hereto shall set forth the principal as more fully detailed on and interest components of each Lease Payment payable thereunder during the Payment ScheduleTerm.

Appears in 1 contract

Sources: Master Lease Agreement

Interest and Principal Components. A As set forth on the Schedule of Payments, a portion of each Rental Payment is paid as, and represents payment of, interest, and the balance of each Rental Payment is paid as, and represents payment of, principal as more fully detailed on the Payment Scheduleprincipal.

Appears in 1 contract

Sources: Master Equipment Lease/Purchase Agreement