principal debt in a sentence

Examples

1. The principal debt may be intended to secure an existing or future obligation, in which event it will be suspended until that obligation arises.
2. The property that secures the principal debt is referred to as the iura in re aliena ", or rights in someone else s property ).
3. In the security agreement, which also creates only personal rights, the debtor undertakes to provide security for the principal debt established in the credit agreement.
4. The statutory reporting requirements include the amount of principal debt, loan requirements, the repayment period, interest rates, lending cost, use of credit and the names of creditors.
5. Thursday, however, the creditors said they would write off 2.9 trillion won ( dlrs 2.1 billion ) of the principal debt along with any interest on the remainder.
6. Beltran said proceeds from local debts would be used to pay off principal debt worth P25.6 billion, while foreign borrowing would service maturing external debt worth $ 14.28 billion.
7. During the year, the District made payments against principal of $ 335, 000 resulting in ending outstanding principal debt as of June 30, 2012 of zero ( $ 0 ).
8. The mortgage agreement, governed by the law of contract, is an undertaking to secure the underlying principal debt by passing a mortgage bond over immovable property in favour of the mortgagee.
9. The Act itself provides that the service fee must vary relative to the principal debt : that is, that it should be higher for bigger loans, and lower for smaller loans.
10. Thursday, however, the creditors said they would write off 2 . 9 trillion won ( dlrs 2 . 1 billion ) of the principal debt along with any interest on the remainder.