Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.
Amortization Amount means, with respect to any Equipment Note, as of any Payment Date, the amount determined by multiplying the percentage set forth opposite such Payment Date on the Amortization Schedule by the Original Amount of such Equipment Note.
Examples of Amortization Amount in a sentence
The Deficit Controlled Amortization Amount (after giving effect to any activity on the Distribution Date) is $0.00 36.
The Deficit Controlled Amortization Amount (after giving effect to any activity on the Distribution Date) is $0.00 33.
The Class A and Class B Controlled Amortization Amount Shortfall, as of the end of the reportable year.
To the extent any Mortgage Loan provides for negative amortization, such as a GPM or GPARM Loan, the Servicer must assure that the Unpaid Principal Balance of such Mortgage Loan never exceeds the related Maximum Negative Amortization Amount, and that the related Monthly Payment is recast as provided for in the Mortgage Note such that the balance fully amortizes within the remaining term of such Mortgage Loan.
Aggregate Minimum Principal Amortization Amount for next Note Payment Date $0.00 N/A 11.
More Definitions of Amortization Amount
Amortization Amount means an amount equal to the product of (i) .566 times (ii) eighty percent (80%) of the Net Revenue for the calendar month immediately preceding the Amortization Date relating to all oil and gas properties of the Company identified on Schedule A attached hereto, all other Leases (as defined in the NPI (as defined below)) and properties and interests described on Exhibit A to all Supplemental NPI Conveyance(s) as defined in that certain Net Profits Interest Agreement dated as of the 30th day of November, 2007, by and among NCEC, Century Resources, Inc., Valens U.S. SPV I, LLC and Valens Offshore SPV II, Corp. (as amended, supplemented, restated or modified from time to time, the “NPI”) and any other properties and interests developed with the proceeds of the Loans evidenced by this Note ; provided, however, such percentage shall increase to one hundred percent (100%) upon the occurrence and during the continuance of an Event of Default and (b) “Net Revenue” shall mean the gross proceeds paid to the Company in respect of oil, gas and/or other hydrocarbon production in which the Company has an interest whether or not such proceeds are remitted to the lockbox account and/or any other blocked account established by the Company in connection with the transactions contemplated hereby net of, in each case, with respect to the period for which such Net Revenue relates (i) the reasonable ordinary day to day expenses associated with the Company’s operation of the leases, xxxxx and equipment, including fuel, materials, labor, maintenance, routine production equipment replacement, repairs, routine workover costs to maintain production from an existing completed well, royalty, severance tax and ad valorem tax, in each case using accounting practices and procedures ordinary and customary in the oil and gas industry (collectively, the “Lease Operating Expenses”) and (ii) the Company’s reasonable estimate of its federal tax (including federal income tax) liability (after taking into account all applicable deductions, depletion and credits) (the “Estimated Taxes”), all of which, in the case of the foregoing clauses (i) and (ii), shall be subject to the Agent’s approval which shall be provided in the exercise of the Agent’s reasonable discretion based on such supporting documentation from the Company as the Agent shall request.
Amortization Amount means (i) with respect to any Amortization Date other than the Maturity Date (the “applicable Amortization Date”), the product of (A) the quotient of one divided by the number of remaining Amortization Dates, including the applicable Amortization Date and the Maturity Date, and (B) the outstanding principal amount of this Debenture on the applicable Amortization Date, and (ii) with respect to the Amortization Date that is the Maturity Date, the principal amount of this Debenture outstanding as of such Amortization Date (in each case, as any such Amortization Amount may be reduced pursuant to the terms of this Debenture, whether upon conversion, redemption or otherwise) together with, in each case of clauses (i) and (ii) above, the sum of any accrued and unpaid interest as of such Amortization Date under this Debenture.
Amortization Amount means an amount equal to 1.50% of the aggregate principal amount of all Loans made by the Lenders (but excluding, for the avoidance of doubt, all PIK Interest that is paid in kind and deemed to be a part of the principal amount of the Loans pursuant to Section 2.04(b)).
Amortization Amount means, with respect to each Payment Date, an amount equal to the outstanding principal amount of the U.S. Loans at the close of business on the last Business Day of the immediately preceding month multiplied by the percentage listed on Schedule II hereof corresponding to the immediately preceding month; provided, that the Amortization Amount shall be $0 for the Payment Dates occurring in November 2021, December 2021, January 2022, February 2022, March 2022 and April 2022. “Amortization Catch-Up Amount” means, in respect of any Quarterly Payment Date, an amount in Dollars equal to the greater of (a) $0 and (b) an amount equal to 50% of (i) the sum of the aggregate Borrower Net Revenue for all Scooters and EMEA Scooters during the Quarterly Period immediately preceding such Quarterly Payment Date minus (ii) the sum of the Amortization Amount and the EMEA Amortization Amount due on such Quarterly Payment Date and the two Payment Dates immediately preceding such Quarterly Payment Date, in each case to the extent actually paid; provided, that, the Amortization Catch-up Amount shall be $0 for the Quarterly Payment Dates occurring in January 2022 and April 2022. “Anti-Terrorism Laws” means any Applicable Law relating to terrorism financing, trade sanctions programs and embargoes, import/export licensing, money laundering or bribery, and any regulation, order, or directive promulgated, issued or enforced pursuant to such Applicable Laws, all as amended, supplemented or replaced from time to time. “Applicable Law” means, with respect to any Person, (x) all provisions of law, statute, treaty, constitution, ordinance, rule, regulation, ordinance, requirement, restriction, permit, executive order, certificate, decision, directive or order of any Governmental Authority applicable to such Person or any of its property and (y) all judgments, injunctions, orders, writs, decrees and awards of all courts and arbitrators in proceedings or actions in which such Person is a party or by which any of its property is bound. For the avoidance of doubt, FATCA shall constitute an “Applicable Law” for all purposes of this Agreement. “Applicable Margin” means 7.50% per annum for each day from and after such date. “Assignment and Acceptance Agreement” means an assignment and acceptance agreement entered into by a Lender, an Eligible Assignee and the Administrative Agent, and, if required, the Credit Parties, pursuant to which such Eligible Assignee may become a party to this Agreement,...
Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date as the Principal Amount to be repaid on the Amortization Schedule.
Amortization Amount means eighty percent (80%) of Net Revenue relating to all gas properties of the Company set forth on Exhibit A attached hereto, all gas properties of the Company acquired after the date hereof and all gas properties of Coal Creek Pipeline, Inc. (“Coal Creek”) (collectively, the “Specified Properties”) for the calendar month immediately preceding the Amortization Date; provided, however, such percentage shall increase to one hundred percent (100%) upon the occurrence and during the continuance of an Event of Default and (b) “Net Revenue” shall mean, as calculated by the first purchaser of gas, including Coal Creek, the gross hydrocarbon sales proceeds with respect to the production from or allocable to the Company’s and Coal Creek’s net revenue interest in the Specified Properties plus all other revenue derived from the Company’s and Coal Creek’s interest in the Specified Properties (including, without limitation, overriding royalty interests), less all direct lease operating costs, transportation, reasonable general and administrative costs, processing, and marketing costs, ad valorem and severance taxes, royalties, overriding royalties payable to third parties, payments to third parties for gas purchases conducted through Coal Creek, plus or minus any net “swap” settlement proceeds or payables, respectively, under permitted swap transactions. Any Net Revenue not applied to the outstanding amounts owing under this Note on the Amortization Date in accordance with this Section shall be disbursed by the Holder to the Company on the twenty-fifth (25th) day of the calendar month of such Amortization Date.
Amortization Amount shall be determined by dividing the outstanding principal amount of the loan on the payment date in question by the number of payment dates occurring prior to the Maturity Date. The Amortization Amount shall be recalculated each time an advance of the Loan is made, but not when accrued but unpaid interest is added to principal as provided herein.