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Elimination of the debt has one other effect: while current taxes will be increased, future taxes required to meet interest and principal obligations will be reduced.
In all his strategizing about getting attention for the material he leaked, Mr. Ellsberg can sound a lot like Julian Assange, the head of Wikileaks, who is unabashed in saying that one of his group's principal obligations is "to get maximum political impact — to do justice to our material".
This translates to less income to service coupon and principal obligations on your bonds.
And one of our principal obligations as the children of the survivors of the Shoah is to integrate the legacy of memory we have inherited from our parents into this core mission of the Museum.
Our elected officials need to get back to the basics of good governance and to remember that their principal obligations are to protect our national interests abroad and to ensure a level playing field here at home, especially for those who otherwise have no voice in the corridors of power," Webb wrote.
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The amount of the principal obligation under the mortgage.
Government's principal obligation is to ensure the health and welfare of its population.
While he managed to meet the "principal obligation of balancing the books", the message from him was that problems were not to be brought to him.
While all broadcasters have a principal obligation to provide coverage of the communities where they are licensed, WWOR has a special mandate.
the principal obligation of the deferred payment loan secured by a second mortgage does not exceed 30percentt of the acquisition price of the residence to the homebuyer.
The term "original principal obligation of the mortgage" as used in section 1710 of this title shall not include the mortgagee's share of net appreciated value.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com