Amortization Payment definition

Amortization Payment shall have the meaning set forth in Section 2(d).
Amortization Payment. As to any REO Mortgage Loan and any month, the payment of principal and accrued interest due in such month in accordance with the terms of the related Mortgage Note as contemplated by Section 3.08(b).
Amortization Payment means each scheduled installment of payments on the Term Loans as set forth in Sections 3.01(b) and 3.01(c).

Examples of Amortization Payment in a sentence

  • Each such Amortization Payment shall be paid to Holder in cash on each Amortization Date in accordance with this Section 4.

  • The Company shall make an amortization payment with respect to this Note equal to the applicable Amortization Payment on each Amortization Date.

  • Notwithstanding anything to the contrary contained in this Note or in any other Transaction Document, the first Amortization Date shall be May 1, 2024, on which date an Amortization Payment in an aggregate amount equal to 22.22% of the Stated Principal Amount of this Note shall be due and payable.


More Definitions of Amortization Payment

Amortization Payment has the meaning set forth in Section 3.01(b) hereof.
Amortization Payment has the meaning set forth in Section 4.5 hereof.
Amortization Payment means, with respect to any Amortization Date, an amount on such Amortization Date equal to 11.11% of the Stated Principal Amount of this Note.
Amortization Payment has the meaning ascribed to such term in Section 2.1(d)(ii)(b). “Approval Election” has the meaning ascribed to such term in the Recitals.
Amortization Payment means, (A) with respect to the Amortization Date on June 1, 2020, three million five hundred thousand dollars ($3,500,000), (B) with respect to Amortization Dates after June 1, 2020 up to and including October 1, 2020, five million dollars ($5,000,000) each, (C) with respect to the Amortization Date on November 1, 2020, four million five hundred thousand dollars ($4,500,000) and (D) with respect to Amortization Dates after November 1, 2020 up to and including the Maturity Date, four million dollars ($4,000,000) each; provided, that the Holder and the Company may agree to decrease or increase the size of any Amortization Payment by mutual written consent.
Amortization Payment has the meaning specified in Section 2.04.
Amortization Payment has the meaning set forth in SECTION 3.01(a)(ii).