Common use of Payment of Principal Amount and Interest Clause in Contracts

Payment of Principal Amount and Interest. a) For the purposes of clause 1(1) of the implied covenants, the “principal amount” secured by the mortgage means and includes

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement

Payment of Principal Amount and Interest. a) For the purposes of clause 1(1) of the implied covenants, the “principal amount” secured by the mortgage means and includes

Appears in 1 contract

Sources: Loan Agreement