Amortisation definition

Amortisation means the systematic allocation of the depreciable amount of an asset over its useful life.
Amortisation means the total amortisation of the Borrower and its Consolidated Subsidiaries as measured in accordance with Generally Accepted Accounting Principles.
Amortisation means the partial repayment of the Face Value of the Convertible Securities by the conversion of the Convertible Securities by the issue or capitalisation of Amortisation Shares or a Cash Payment (or a combination of each) in accordance with the terms of this Agreement; Amortisation Date, for each Convertible Security on issue means:

Examples of Amortisation in a sentence

  • The fee per Amortisation Test shall be agreed between the CBC and the Asset Monitor in the event the Amortisation Test is required to be carried out.

  • The Controlled Amortisation Amount of each class of Current Issuer Notes for each Payment Date is as set forth on Schedule 4.

  • As from the Maturity Date, the Rate of Interest for any overdue principal of such a Note shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield (as described in Condition 6(b)(i)).

  • If the amount due and payable in respect of a Zero Coupon PD Debt Instrument on the redemption date is not paid when due, the Interest Rate for any such overdue principal shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield specified in the relevant Final Terms.

  • If the amount due and payable in respect of a Zero Coupon PR Debt Instrument on the redemption date is not paid when due, the Interest Rate for any such overdue principal shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield specified in the relevant Final Terms.


More Definitions of Amortisation

Amortisation. Following the expiration of four years following the Drawdown Date, the Borrower shall repay the Loan on each Interest Payment Date (the first being 30 September 2019) in an amount equal to 0.625% of the aggregate Loan Amount advanced under this Loan Agreement (i.e. in the amount of EUR 2,062,500, if the full amount of the Loan (EUR 330,000,000) has been advanced). The Borrower is not required to make such repayment, if the Borrower evidences to the satisfaction of the Lender that LTV on the relevant Interest Payment Date is lower than 65%.
Amortisation means writing off an intangible asset or investment over the pro- jected life of the asset; and
Amortisation means the systematic recovery, through ratable charges to expense, of the cost of assets;
Amortisation means the Sequential Amortisation and/or the Synthetic Provisioning Amortisation, as the context requires.
Amortisation means the redemption of an ABS Reference Obligation in whole or in part in accordance with the relevant ABS Terms (but not due to a credit event howsoever defined in the ABS Terms).
Amortisation. Any outstanding Bonds not converted to shares in the Parent or redeemed as provided for in this term sheet shall be repaid in one payment on the Maturity Date. Interest Rate: 0.50% per annum, payable semi-annually in arrears. Interest on the Bonds will start to accrue on the Initial Issue Date and shall be payable on the Interest Payment Dates. Day-count fraction for coupon is “30/360”, business day convention is “unadjusted following” and business day as determined in New York.
Amortisation means the amortisation of Bonds that the Issuer is required to make pursuant to Clause 10.1 (Redemption of Bonds).