Early Amortization. (a) The occurrence of any of the following shall constitute an “Early Amortization Event”:
Early Amortization. The loan granted to the debtor is to finance the promotion of a building under construction that consists of a certain number of registered properties (homes, garages and commercial premises), therefore, as each of the built is completed, the debtor agrees to partially repay the principal of the loan in the amount resulting from multiplying the amount of the total loan granted by the coefficient of participation that the transferred property has over the total built property. Said partial amortization must be liquidated within thirty days following the date of deed of the property transferred
Early Amortization. The parties agree to the possibility of making early capital deliveries to the debtor, to the extent of their possibilities, with the consequent regularization of the financial burden that this entails. The early amortization of amounts will not entail any penalty for the debtor.
Early Amortization. On any Payment Date following the occurrence of an Early Amortization Event, any amounts (x) allocated to the Senior Note Principal Payments Account pursuant to clause twelfth of the Priority of Payments, or (y) on deposit in the Cash Trap Reserve Account, shall, in accordance with Sections 5.13 and 5.14 of the Base Indenture, be used to prepay principal on the Series 2010-1 Class A-1 Notes and on the applicable Classes of any other Series of Notes in the order of priority described in Section 6.1 of the Base Indenture on the related Payment Date.
Early Amortization. (a) If, on any date that falls 2 calendar years after the Closing Date but prior to the Scheduled Replenishment End Date, the Early Amortization Condition is satisfied, the Issuer may deliver a notice to the Beneficial Owners, with not less than 3 Business Days' notice, that
Early Amortization. 9.1. The debt may be paid down in full or in part at any time, if this is convenient for the Borrower, but must be expressly notified to the Lender.
Early Amortization. The Borrower may repay the whole outstanding amount at any time without additional costs.
Early Amortization. On any Payment Date on which either Coverage Test applicable to the Notes is not satisfied as of the most recent Measurement Date, the Notes shall be redeemed (an “Early Amortization”) from Interest Proceeds, net of amounts set forth in Section 11.1(a)(i)(1) through (4), in an amount necessary, and only to the extent necessary, to cause each of the Coverage Tests to be satisfied). On or promptly after such Early Amortization, the Trustee shall notify each Rating Agency (after providing such notice to the 17g-5 Information Provider for prior posting on the 17g-5 Website) of such Early Amortization. The Trustee shall also report the occurrence of an Early Amortization on the Monthly Report for such Payment Date. In determining whether an Early Amortization has occurred, the Trustee shall calculate each Coverage Test based solely on information provided to it by the Master Servicer or the Special Servicer, as applicable.
Early Amortization. TEM may perform early amortization of all or any part of the Line of Credit, without any penalty or benefit whatsoever, by notifying MÓVILES ESPAÑA, S.A. to that end at least six working days in advance. In the event of early amortization taking place within the Disposal Period, TEM may again dispose of the sum amortized early, as long as that further disposal is performed before the end of the Disposal Period.
Early Amortization. In the event the Borrower does not achieve one or more of the milestones (the "Milestones") set forth below in clause (c) of this Section 2.6 related to sales of "Eligible Subject Loans" to the Lender pursuant to "Shared Execution Forward Commitments" (as such terms are defined in the Loan Sale Commitment), then the Lender may elect in a written notice provided to the Borrower, within forty-five (45) days of its receipt of a Milestone Compliance Certificate, to require the outstanding principal amount of the Debenture be amortized in monthly payments equal to the outstanding principal amount of the Debenture at the time of such notice divided by twelve (12), such payments commencing on the first Business Day of the next succeeding month and ending on the earlier of (i) the first Business Day of the twelfth month thereafter or (ii) the Maturity Date (on which date the outstanding principal balance of the Debenture, if any, shall be due and payable pursuant to Section 2.5(a) hereof).
