Amortization Payment Sample Clauses

Amortization Payment. See Section 3.5.
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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.
Sample 1
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.
Sample 1
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.
Sample 1
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.
Sample 1

Related to Amortization Payment

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Early Amortization Events If any one of the following events shall occur:

  • Payment Amount Each Restricted Stock Unit represents one (1) Share of Common Stock.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Principal Payments Originator is authorized and directed by SPV to enter on the grid attached hereto, or, at its option, in its books and records, the date and amount of each loan made by it which is evidenced by this Subordinated Note and the amount of each payment of principal made by SPV, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered; provided that neither the failure of Originator to make any such entry or any error therein shall expand, limit or affect the obligations of SPV hereunder.

  • Rapid Amortization Events If any one of the following events occurs during the Managed Amortization Period:

  • Additional Amortization Events If any one of the following events shall occur:

  • Optional Principal Payments 11 2.8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

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