Common use of Notional Amount Clause in Contracts

Notional Amount. The notional amount of the Interest Rate Cap Agreement (First Mezzanine) shall be equal to the Principal Amount, which may be reduced from time to time in amounts equal to any prepayment of the principal of the Loan made in accordance with Section 5(b) of the Mezzanine Notes;

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)

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Notional Amount. The notional amount of the Interest Rate Cap Agreement (First Third Mezzanine) shall be equal to the Principal Amount, which may be reduced from time to time in amounts equal to any prepayment of the principal of the Loan made in accordance with Section 5(b) of the Mezzanine Notes;

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)

Notional Amount. The notional amount of the Interest Rate Cap Agreement (First Second Mezzanine) shall be equal to the Principal Amount, which may be reduced from time to time in amounts equal to any prepayment of the principal of the Loan made in accordance with Section 5(b) of the Mezzanine Notes;

Appears in 2 contracts

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)

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Notional Amount. The notional amount of the Interest Rate Cap Agreement (First Fourth Mezzanine) shall be equal to the Principal Amount, which may be reduced from time to time in amounts equal to any prepayment of the principal of the Loan made in accordance with Section 5(b) of the Mezzanine Notes;

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

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