Semiannual Principal Clause Samples

The 'Semiannual Principal' clause establishes that principal payments on a loan or debt instrument are to be made twice a year. In practice, this means the borrower is required to pay a portion of the principal amount at six-month intervals, in addition to any interest that may be due. This structure helps to reduce the outstanding balance more quickly than annual payments and provides lenders with more frequent recovery of their capital, thereby managing credit risk and improving cash flow predictability.
Semiannual Principal. Per $1,000 of Original Series 2001-1 Aggregate Principal Amount ------------- --------- ---------------- 1. Class A-1 Principal Payment 0.00 0.00 2. Class A-2 Principal Payment 35,834,722.00 303.68 3. Class A-3 Principal Payment 0.00 0.00 4. Class A-4 Principal Payment 0.00 0.00
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Semiannual Principal. Series 2001-1 ------------- 1. Class A-1 Principal Payment 0.00 2. Class A-2 Principal Payment 0.00 3. Class A-3 Principal Payment 0.00 4. Class A-4 Principal Payment 0.00
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Semiannual Principal. Aggregate Per $1000 of Original Principal Amount i. [Class A-1] Note ii. [Class A-2] Note iii. [Class A-3] Note iv. [Class A-4] Note v. [Class A-5] Note vi. Total Semiannual Principal:
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Semiannual Principal. Aggregate --------- i. Class A-1 Securitization Bond ii. Class A-2 Securitization Bond iii Class A-3 Securitization Bond iv. Class A-4 Securitization Bond v. Class A-5 Securitization Bond vi. Class A-6 Securitization Bond VII. TOTAL SEMIANNUAL PRINCIPAL:
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Semiannual Principal. Per $1000 of Original Aggregate Principal Amount i. Class A-1 Note/Cert $0.00 $0.00 ii. Class A-2 Note/Cert 0.00 0.00 Iii Class A-3 Note/Cert 0.00 0.00 iv. Class A-4 Note/Cert 0.00 0.00 v. Class A-5 Note/Cert 0.00 0.00 vi. TOTAL SEMIANNUAL PRINCIPAL: 0.00 0.00 d) OTHER PAYMENTS
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Related to Semiannual Principal

  • Amount and Payment of Special Interest Any Special Interest that accrues on a Note pursuant to Section 7.03(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Special Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Special Interest, together with any Additional Interest, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Special Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Additional Interest that accrues on such Note.

  • Interest Payment Frequency   Interest Payment Dates Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of every third calendar month, beginning in the third calendar month following the month this Note was issued. Semi-annual Fifteenth day of every sixth calendar month, beginning in the sixth calendar month following the month this Note was issued. Annual Fifteenth day of every twelfth calendar month, beginning in the twelfth calendar month following the month this Note was issued.

  • Interest Due Without limiting any other rights or remedies available to either Party, each Party shall pay the other interest on any payments that are not paid on or before the date such payments are due under this Agreement at a rate of [*] per annum or the maximum applicable legal rate, if less, calculated on the total number of days payment is delinquent.

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Interest Payment For each Interest Payment Date the amount of interest due with respect to the Class A(2018-3) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times