Common use of Interest and Principal Components Clause in Contracts

Interest and Principal Components. A portion of each Loan Payment is paid as, and represents payment of, interest, and the balance of, each Loan Payment is paid as, and represents payment of principal. Each Schedule hereto shall set forth the principal and interest components of each Loan Payment payable hereunder during the term of the loan.

Appears in 1 contract

Sources: Loan Agreement

Interest and Principal Components. A portion of each Loan Payment is paid as, and represents payment of, interest, and the balance of, of each Loan Payment is paid as, and represents payment of of, principal. Each Schedule hereto shall set forth the principal and interest components of each Loan Payment payable hereunder thereunder during the term of the loanTerm.

Appears in 1 contract

Sources: Master Financing Agreement

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

Appears in 1 contract

Sources: Equipment Loan Agreement