Common use of Interest Component Clause in Contracts

Interest Component. As set forth on the Payment Schedule, a portion of each Rental Payment is paid as, and represents payment of, interest.

Appears in 6 contracts

Sources: Lease Purchase Agreement, Lease Purchase Agreement, Public Property Finance Act Lease Purchase Agreement

Interest Component. As set forth on the Payment Schedule attached to such Schedule, a portion of each Rental Payment is paid as, and represents payment of, interest.

Appears in 1 contract

Sources: Master Equipment Lease Purchase Agreement