Amortization Payment. See Section 3.5.
Amortization Payment. If, any time after the Pre-Advance Date in respect of any Prepaid Advance, and from time to time thereafter, an Amortization Event has occurred, then the Company shall make monthly repayments of amounts outstanding under such Prepaid Advance beginning on the 10th calendar day after the Amortization Event Date and continuing on the same day of each successive calendar month until the entire amount of such Prepaid Advance balance shall have been repaid. Each monthly payment shall be in an amount equal to the sum of (i) Amortization Principal Amount as of such payment date, plus (ii) the Payment Premium in respect of such Amortization Principal Amount, and (iii) accrued and unpaid interest in respect of such amount as of each payment date. The obligation of the Company to make monthly payments related to a Amortization Event shall cease (with respect to any payment that has not yet come due) if any time after the Amortization Event Date (A) in the event of a Floor Price Event, the daily VWAP is greater than 110% of the Floor Price then in effect for five (5) consecutive Trading Days, (B) in the event of an Exchange Cap Event, the Company obtains stockholder approval to increase the number of Common Shares under the Exchange Cap, or (C) in the event of a Registration Event, the condition or event causing the Registration Event is cured, unless a subsequent Amortization Event occurs. Any reductions to the Prepaid Advance amount made pursuant to Purchase Notices delivered after the occurrence of an Amortization Event shall have the effect of reducing the amount of the next payment coming due as a result of such Amortization Event by an amount equal to the amount of the Prepaid Advance that is offset against principal in respect of such Purchase Notice.
Amortization Payment. To the extent the Borrower repays 2.5% of the aggregate principal amount of the Term Loans incurred on the Effective Date on March 31, 2022, after this Amendment becomes effective, the excess 1.875% of such payment will be applied to the Loans to the scheduled installments of principal due on June 30, 2022, September 30, 2022 and December 31, 2022 pursuant to Section 2.07(a) in direct order of maturity in accordance with Section 2.08(b). SECTION 4.
Amortization Payment. The Senior Notes shall be mandatorily redeemable by Publishing in part in an amount equal to $8,333,333 principal amount of Senior Notes, on each of ___________, 2002, ___________, 2003, and ____________, 2003 (each, a Redemption Date) at a Redemption Price equal to 100% of the principal amount plus accrued interest thereon to the applicable Redemption Date.
Amortization Payment. On the second to last Business Day of each fiscal quarter, beginning with the fiscal quarter in which the Term A Loans are paid in full, Payer shall increase the amount of the Payer Deposit by an amount equal to the amount of the Amortization Payment (as defined in the Term A Credit Agreement and after giving effect to all adjustments to the amount of such Amortization Payment through the repayment of the Term A Loans). The amount of each remaining quarterly increase in the Payer Deposit required pursuant to this clause shall be ratably reduced by the amount of the Payee Deposit released to the Payee pursuant to Section 3.04 as a result of (x) any voluntary reduction of the Maximum LC Amount pursuant to Section 3.01 or (y) any increase in Payer Deposit as a result of any mandatory posting of Payer Deposit pursuant to Sections 3.02(a), 3.02(b) and 3.02(c), in each case that results in a prepayment of Term B Loans.
Amortization Payment. On each of April 15, 2019, May 15, 2019 and June 15, 2019 (each, an “Amortization Payment Date”), the Maker shall redeem one-third (1/3) of the outstanding principal amount of this Note and accrued but unpaid interest thereon in cash. Any outstanding principal amount, accrued but unpaid interest on this Note as of the Maturity Date and any other amounts due hereunder will be due and payable on the Maturity Date in cash.
