Amortization Requirement Sample Clauses

Amortization Requirement. The amortization of each Mortgage Loan must reduce to zero, or as to Balloon Loans, the respective Balloon Amount, at the end of the Mortgage Loan term through the application of regular monthly payments. Capitalization of interest is not permitted, except as provided by the terms of any Mortgage Loan that provides for negative amortization.
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Amortization Requirement. 7.3.3. Negative Amortization....................................... 7.3.4.
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Amortization Requirement. 47 7.3.3. Negative Amortization........................................48 7.3.4. Interest Calculations........................................48 7.3.5. Buydown Loans................................................48 Section 7.4 Application Procedure..........................................48 7.4.1. Application Priority.........................................48 7.4.2. [Reserved]...................................................48 7.4.3. Advance Payments.............................................48 Section 7.5 Curtailments...................................................49 7.5.1. Curtailment Amount...........................................49 7.5.2. Curtailment Application......................................49 7.5.3. Effect of Curtailment........................................49 7.5.4. Curtailment Transmission.....................................49
Sample 1
Amortization Requirement. 44 7.3.3. Negative Amortization........................................45 7.3.4. Interest Calculations........................................45 7.3.5. Buydown Loans................................................45
Sample 1
Amortization Requirement. 48 7.3.3 Negative Amortization. . . . . . . . . . . . . . . . . . . 48 7.3.4 Interest Calculations. . . . . . . . . . . . . . . . . . . 48 7.3.5 Buydown Loans. . . . . . . . . . . . . . . . . . . . . . . 49
Sample 1

Related to Amortization Requirement

  • Distribution Requirements Subject to the Alternative Election or Spouse Beneficiary provisions below,

  • Notification Requirement Through and up to the conclusion of the Non-Competition Period, Executive shall give notice to the Company of each new business activity he plans to undertake, at least seven (7) days prior to beginning any such activity. Such notice shall state the name and address of the Person for whom such activity is undertaken and the nature of Executive’s business relationship(s) and position(s) with such Person.

  • Notification Requirements The Borrowers shall timely give to the Agent and each of the Lenders the following notices:

  • Construction Requirements a) All Life and Safety and applicable Building Codes will be strictly enforced (i.e., tempered glass, fire dampers, exit signs, smoke detectors, alarms, etc.). Prior coordination with the Building Manager is required.

  • Additional Termination Requirements ARTICLE X

  • Satisfaction Requirement If any agreement, certificate or other writing, or any action taken or to be taken, is by the terms of this Agreement required to be satisfactory to any Purchaser, to any holder of Notes or to the Required Holder(s), the determination of such satisfaction shall be made by such Purchaser, such holder or the Required Holder(s), as the case may be, in the sole and exclusive judgment (exercised in good faith) of the Person or Persons making such determination.

  • REO Rehabilitation Requirement Unless the Master Servicer shall otherwise direct, and subject to Section 3.2.2(ii) and Section 17.6.2, the Servicer must ensure that any rehabilitation work (which shall not include the cleaning of a recently acquired REO property) to any REO which is necessary to restore such REO to a marketable condition is performed and that such work is performed in a professional and workmanlike manner.

  • REIT Distribution Requirements The General Partner shall use its commercially reasonable efforts to cause the Partnership to distribute amounts sufficient to enable the General Partner to make stockholder distributions that will allow the General Partner to (i) meet its distribution requirement for qualification as a REIT as set forth in Section 857 of the Code and (ii) avoid any federal income or excise tax liability imposed by the Code.

  • Assumption Requirements Any Assumption permitted under this Agreement shall be performed in accordance with Prudent Servicing Practices. In connection with an Assumption of an assumable Mortgage Loan, the Servicer shall process such Assumption as provided for in the Mortgage Note or the Mortgage Note Assumption Rider and shall verify that:

  • Margin Requirements The Units are not "margin securities" under the regulations of the Board of Governors of the Federal Reserve System and, accordingly, those regulations generally are not applicable to the Offer.

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