Amortization Event definition

Amortization Event has the meaning specified in Article IX.

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Amortization Event means the occurrence of any of the following:

Amortization Event means any event specified in Section 9.01 of the Pooling and Servicing Agreement or in Section 20 hereof.

Examples of Amortization Event in a sentence

• Any reductions to the outstanding balance of the Pre-Paid Advance made pursuant to Purchase Notices delivered after the occurrence of an Amortization Event shall have the effect of reducing the amount of the next payment coming due as a result of such Amortization Event by an amount equal to the amount of the Pre-Paid Advance that is offset in respect of such Purchase Notice.

• If, any time after the date hereof, and from time to time thereafter, an Amortization Event has occurred, then the Company shall make monthly cash payments beginning on the seventh (7th) Trading Day after the Amortization Event Date and continuing on the same day of each successive Calendar Month until all amounts due under the then-outstanding Pre-Paid Advance have been repaid in full.

More Definitions of Amortization Event

Amortization Event has the meaning specified in Section 7.1.

Amortization Event shall have the meaning set forth in the Promissory Note.

Amortization Event shall have the meaning specified in the Indenture.

Amortization Event means, with respect to any Series, a Trust Amortization Event or a Series Amortization Event.

Amortization Event. Any one of the following events:

Amortization Event means any of the events described in Section 10.2.

Amortization Event with respect to any Series shall mean any Amortization Event specified in Section 9.01 hereof or in the applicable Series Supplement.