Examples of Amortization Amount in a sentence
Interest shall be computed on the basis of 365 days in a year and actual days elapsed (the amount of interest accrued during each Loan Accrual Period, the “Monthly Loan Interest Expense Amount”; provided, that for all purposes of this Agreement the Monthly Loan Interest Expense Amount with respect to any Loan shall also include the Required Monthly Amortization Amount with respect thereto).
Reductions to principal are no longer included in the calculation of Net Negative Amortization Amount.
The Amortization Amount remained in an account secured on behalf of the lenders.
Each Amortization Principal Payment shall be that amount of principal which will result in equal (as nearly as possible) aggregate Amortization Principal Payments over the Amortization Period so the Amortization Amount is fully repaid by the end of the Amortization Period.
The Aggregate Amortization Amount represents the amount of principal that has been repaid during that month.