Amortization Factor definition

Amortization Factor means a fraction, as of any Available Borrowing Base Determination Date, the numerator of which is equal to the lesser of (a) the actual outstanding amount of Delayed Draw Loans as of such Available Borrowing Base Determination Date prior to giving effect to the prepayment of Loans on such Available Borrowing Base Determination Date pursuant to Section 4.03(d), and (b) the outstanding amount of Delayed Draw Loans as of such Available Borrowing Base Determination Date per the most recent Amortization Schedule and the denominator of which is equal to the lesser of (x) the Available Borrowing Base and (y) the actual outstanding amount of Delayed Draw Loans, each of the amounts in the denominator being determined as of the last day of the Availability Period.
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Amortization Factor means a fraction, as of any Available Borrowing Base Determination Date, the numerator of which is equal to the lesser of (a) the actual outstanding amount of Revolving Loans as of such Available Borrowing Base Determination Date prior to giving effect to the prepayment of Loans on such Available Borrowing Base Determination Date pursuant to Section 4.03(d), and (b) the outstanding amount of Revolving Loans as of such Available Borrowing Base Determination Date per the most recent Amortization Schedule and the denominator of which is equal to the lesser of (x) the Available Borrowing Base and (y) the actual outstanding amount of Revolving Loans, each of the amounts in the denominator being determined as of the last day of the Availability Period.
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Amortization Factor means a fraction, as of any Available Borrowing Base Determination Date, the numerator of which is equal to the lesser of (a) the actual outstanding amount of Revolving Loans as of such Available Borrowing Base Determination Date prior to giving effect to the prepayment of Loans on such Available Borrowing Base Determination Date pursuant to Section 4.03(d), and (b) the outstanding amount of Revolving Loans as of such date per the most recent Amortization Schedule and the denominator of which is equal to the lesser of (x) the Available Borrowing Base and (y) the actual outstanding amount of Revolving Loans, each as of the last day of the Availability Period.
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Examples of Amortization Factor in a sentence

  • The interest payment on the Deferred Interest PC in that month shall be (i) 1/12th of the PC Coupon multiplied by (ii) the original principal balance of the Holder’s PC multiplied by (iii) the preceding month’s Pool Factor minus the preceding month’s Negative Amortization Factor.

  • The terms and calculation of the Amortization Factor and any other royalty adjustment shall be on a most favored nations basis with all other percentage royalty participants.

  • The interest payment on the Deferred Interest PC in that month shall be (i) 1/12th of the PC Coupon 12 multiplied by (ii) the original principal balance of the Holder’s PC multiplied by (iii) the preceding month’s Pool Factor minus the preceding month’s Negative Amortization Factor.

  • If a Participant has not reached Normal Retirement Age by the last day of the Plan Year, the Employer Contribution for such Plan Year with respect to that Participant is the excess, if any, of the Present Value Stated Benefit (as defined in subsection (3) below) over the Theoretical Reserve (as defined in subsection (4) below), multiplied by the appropriate Amortization Factor from Table II under Exhibit A of the Agreement.

  • The amount of this processing fee will equal the percentage specified below applied to the original principal amount of these Eligible Bonds (multiplied, where applicable, by the NMN Amortization Factor (as defined in the Prospectus Supplement) or the DCN Amortization Factor (as defined in the Prospectus Supplement)) that are validly tendered and will be payable in the currency of the related Eligible Bonds.

  • Fixed Monthly Principal Component $106,061.04 Fixed Rate Amortization Factor 4.50% per annum Index One Month LIBOR Initial Adjustable Rate 3.648% per annum.

  • The amount of this processing fee will equal a percentage determined by Banco Central applied to the original principal amount of these Eligible Bonds (multiplied, where applicable, by the NMN Amortization Factor (as defined in the Prospectus Supplement) or the DCN Amortization Factor (as defined in the Prospectus Supplement)) that are validly tendered, not to exceed 0.25% and will be payable in the currency of the related Eligible Bonds.

  • Article 51 of this lease shall only apply to the Refusal Space in that the "Free Fixed Rent Period" shall be deemed to be the period equal to the product of (a) the Amortization Factor (hereinafter defined) multiplied by (b) eleven (11) months, commencing on the Refusal Space Commencement Date and Tenant's occupancy during such period shall be free only of the RS Fixed Rent in accordance with said Article 51.

  • Fixed Monthly Principal Component $83,131.48 Fixed Rate Amortization Factor 4.927% per annum Index One Month LIBOR Initial Adjustable Rate 3.941% per annum.

  • Article 51 of the Lease shall only apply to the Refusal Space in that the "Free Fixed Rent Period" shall be deemed to be the period equal to the product of (a) the Amortization Factor (hereinafter defined) multiplied by (b) eighth (8) months (the "Free RS Fixed Rent Period"), commencing on the Refusal Space Commencement Date and Tenant's occupancy during such period shall be free only of the RS Fixed Rent in accordance with said Article 51.


More Definitions of Amortization Factor

Amortization Factor means a fraction, as of any Available Borrowing Base Determination Date, the numerator of which is equal to the lesser of (a) the actual outstanding amount of Delayed Draw Loans as of such Available Borrowing Base Determination Date prior to giving effect to the prepayment of Loans on such Available Borrowing Base Determination Date pursuant to Section 4.03(d), and (b) the outstanding amount of Delayed Draw Loans as of such Available Borrowing Base Determination Date per the most recent Amortization Schedule and the CPAM: 12877541.11 denominator of which is equal to the lesser of (x) the Available Borrowing Base and (y) the actual outstanding amount of Delayed Draw Loans, each of the amounts in the denominator being determined as of the last day of the Availability Period.
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Amortization Factor means the difference between (A) 180 months and (B) the number of whole months plus one that have elapsed from the Closing Date to the date of each partial disbursement, if any, of Term loan D; provided that; the Amortization Factor for any partial disbursement of Term Loan D made during the month of March, 2005 shall be 180.
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Amortization Factor means (a) 1 minus (b) a fraction, the numerator of which is the number of full calendar months elapsed (starting as of month 19 and including any calendar month ending on the date of determination) since the Closing Date, minus 18, (but in no event more than 36 months after the Closing Date) and the denominator of which is 17.
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Amortization Factor means a fraction, as of any Available Borrowing Base Determination Date, the numerator of which is equal to the lesser of (a) the actual outstanding amount of Revolving Loans as of such Available Borrowing Base Determination Date prior to giving effect to the prepayment of Loans on such Available Borrowing Base Determination Date pursuant to Section 4.03(d), and (b) the outstanding amount of Revolving Loans as of such date per the most recent Amortization Schedule and the denominator of which is equal to the lesser of [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
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Amortization Factor means four times the sum of: (a) the Economic Half-Life of the Borrowing Base Properties, plus (b) one.
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Amortization Factor. Means for a given Accounting Period, the associated amount described in Exhibit D attached hereto.
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Related to Amortization Factor

  • Amortization rate means the amortization rate, as defined in Section 49-11-102,

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Amortization Period means the period beginning on the Termination Date and ending on the Maturity Date.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Required Accumulation Factor Number shall be equal to a fraction, rounded upwards to the nearest whole number, the numerator of which is one and the denominator of which is equal to the lowest monthly principal payment rate on the Accounts, expressed as a decimal, for the three months preceding the date of such calculation.