Amortisation. (Applicable in case of Loan with Variable rate of Interest)
Amortisation. For the avoidance of doubt, nothing in this clause 6 shall prevent the Investor exercising any rights with regard to conversion of any Convertible Securities pursuant to any other provision in this Agreement, including without limitation clause 5.3.
Amortisation. (a) The Loan/Facility (or any part thereof) may be disbursed by the Lender/Bank upon receiving a drawdown request from the Borrower. The entire Loan/Facility should be availed of within the number of months, from the date of loan sanction, as specified in the Schedule (Availability Period). The Borrower’s right to make drawls shall expire at the end of theAvailability Period (“Drawdown End Date”). However, the Loan/Facility Sanction may be kept open at the sole discretion of the Lender/Bank for an additional period of such number of days beyond the Availability Period as the Bank/Lender may deem fit. If the Loan/Facility is not drawn completely by the Borrower within the Availability Period, then the Bank shall be entitled to impose penalty, if any , as mentioned in the Sanction Letter. The mode and manner of Disbursement is left to the sole discretion of the Lender/Bank.
Amortisation. (a) Subject to Article 2.2 and 2.3 the Borrower will amortise the Loan as stipulated in the Schedule.
Amortisation. The Loan shall be completely repaid by the rower not later than January 21, 2006, by moans of semiannual, consecutive,· and as for as possi8le, equal installments, the first of which shall be paid six months after the date of tho final disbursement of the Financing, as defined in Section 4.03 and alwEys ttking into account the provisions of Arti cle 3:01 of the Generul Conditions. Not later than three months after the date of the final disbursement, the Bank shall deliver to the Borrower an amortisation schedule, setting forth the amount and dste for P,ay�ont of each install�ent and the currency or currencies to be utilised therein in accordance with Ar�icla 3.D4(c) of tho ronernl Conditions.
Amortisation. (a) On each Reduction Date, the Borrowers (without limiting their other obligations under this clause) must repay to the Facility Agent (for the account of the Subscribers) one or more Funding Portions (as selected by the Parent, or, if the Parent makes no selection, by the Facility Agent) and reduce the Paid Up Amount of Term Debentures, in the currency of the relevant Funding Portion, by an aggregate amount that has an AUD Equivalent on the relevant date that is equal to the amount set out opposite that date in the following table (as adjusted under paragraph (b)): --------------------------------------------------------------------------- REQUIRED REDUCTION OF REDUCTION DATE (NUMBER PAID UP AMOUNT OF TERM DEBENTURES OF MONTHS AFTER 12 BEFORE THE TERMINATION DATE DECEMBER 2002) (AUD EQUIVALENT) --------------------------------------------------------------------------- 6 35,000,000 --------------------------------------------------------------------------- 12 35,000,000 --------------------------------------------------------------------------- 18 55,000,000 --------------------------------------------------------------------------- 24 55,000,000 --------------------------------------------------------------------------- 30 85,000,000 --------------------------------------------------------------------------- 36 85,000,000 --------------------------------------------------------------------------- 42 100,000,000 --------------------------------------------------------------------------- 48 100,000,000 --------------------------------------------------------------------------- 54 125,000,000 --------------------------------------------------------------------------- 60 Balance --------------------------------------------------------------------------- The Borrower must also repay to the Facility Agent (for the account of the Subscribers) the outstanding Paid Up Amount of all Term Debentures on the Termination Date.
Amortisation. Atomisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life Depreciation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Asset class Plant and machinery Straight Line over Three Years Fixtures, fittings and equipment Straight Line over Three Years Computer equipment Straight Line over Three Years Current asset investments Current asset investments are included at the lower of cost and net realisable value. Deferred tax Deferred tax is recognised , without discounting, in respect of all material timing differences between the treatment of certain items for taxation and accounting purposes , which have arisen but not reversed by the balance sheet date, except as required by FRS 19. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date. Foreign currency
Amortisation a) Subject to Article 2.2 of this agreement, the Borrower will amortize the loan as stipulated in the schedule provided however that in the event of delay or advancement of disbursement for any reason whatsoever, the date of commencement of EMI shall be the first day of the month succeeding the month in which the disbursement of the loan has been completed and consequently the due date of payment of first EMI shall in such case will be the last day of the said succeeding month.
Amortisation. The Borrower shall repay the principal amount of the Loan in eighty cmarterly instalments in accordance with the omortisation schedule set out in Schedule I of this Xxxx Agreement.
Amortisation. Starting on the first Payment Date falling after the first anniversary of the Utilisation Date and on each Payment Date thereafter, the Borrowers shall make quarterly repayments of principal equal to or greater than 0.375% of the Original Loan Amount, provided that:
