Amortization Payment Amount definition

Amortization Payment Amount has the meaning assigned to the term in the Pricing Side Letter.
Amortization Payment Amount means, for any Settlement Period, $1,500,000 less the amount of any prepayments made pursuant to Section 2.06(b)(viii) that have been applied to reduce such $1,500,000 scheduled amortization payment from and after the Closing Date until the last day of such Settlement Period.
Amortization Payment Amount means, with respect to a given Revenue Target Violation, an amount in cash equal to (i) the outstanding principal amount of the Term Loans determined as of the date of such Revenue Target Violation divided by (ii) eight (8).

Examples of Amortization Payment Amount in a sentence

  • The Amortization Payment Amount shall be applied to the Securities and the Participating Notes (pro rata in accordance with Section 3.13).

  • Except to the extent application of a prepayment pursuant to the last sentence of Section 4.2(b)(i) has already resulted in the payment of such a scheduled amortization payment, the Borrower shall make principal amortization payments on the Term Loans on or before the first day of May, 2004 and on or before the first day of each August, November, February and May thereafter until the Term Loans have been repaid in full, each such payment to be in the Amortization Payment Amount.

  • The Borrowers shall repay the Loans (i) on each Quarterly Settlement Date in an amount equal to the Amortization Payment Amount and (ii) on the Maturity Date, any outstanding principal balance of the Loans.

  • The Amortization Payment Amount shall be applied to the Securities and the Stub Notes (pro rata in accordance with Section 3.13).

  • Optional prepayments of Core Term Loans pursuant to Section 2.10(a) shall be applied to reduce future Core Scheduled Amortization Payment Amounts under Section 2.09 (including the Core Scheduled Amortization Payment Amount due on the Core Term Loan Maturity Date) on a pro rata basis among the payments remaining to be made on each Core Term Loan Repayment Date.


More Definitions of Amortization Payment Amount

Amortization Payment Amount means for any Monthly, beginning with the Quarterly Settlement Date occurring after the Fourth Amendment Effective Datein April 2019 with respect to the Quarterly Settlement Period ended March 31, 2019, the sum of $408,333.33 less the amount of any prepayments made775,000.00 (except as reduced pursuant to Section 2.06(b)(ix) that have been applied to reduce such scheduled amortization payment from and after the Fourth Amendment Effective Date until the last day of such Monthly Settlement Period).
Amortization Payment Amount means, as of any Amortization Payment Date:
Amortization Payment Amount for any Monthly Settlement Date occurring after the Fourth Amendment Date (including the Monthly Settlement Date for the Monthly Settlement Period ending April 30, 2018) shall be $355,000.00, and for each Monthly Settlement Date that occurs after the date that the 2018 Term Loan is advanced to Borrower, in the amount of $408,333.00.”
Amortization Payment Amount. At any time, as of the most recent Amortization Determination Date, an amount determined by amortizing the Aggregate Note Principal Balance as of such Amortization Determination Date (after giving effect to all payments of the Note Principal Balances of all Notes on such date) on a constant-pay basis assuming an interest rate equal to the weighted average of the Note Rates as of such Amortization Determination Date and monthly payments over the period from such Amortization Determination Date through February, 2025.
Amortization Payment Amount means (i) for the Settlement Periods beginning on July 1, 2016, October 1, 2016 and January 1, 2017, $500,000 and (ii) for the Settlement Period beginning on April 1, 2017 and each Settlement Period thereafter $1,000,000, in each case, less the amount of any prepayments made pursuant to Section 2.06(b)(ix) that have been applied to reduce such scheduled amortization payment from and after the Second Amendment Effective Date until the last day of such Settlement Period.”
Amortization Payment Amount means, for each Quarterly Settlement Period, the amount due on the Quarterly Settlement Date for such Quarterly Settlement Period set forth below (in each case, except as reduced pursuant to Section 2.06(b)(ix)): Ending Date of Quarterly Settlement Period Amortization Payment Amount March 31, 2020 $ 0 June 30, 2020 $ 0 September 30, 2020 $ 835,000.00 December 31, 2021 $ 835,000.00 March 31, 2021 $ 1,252,500.00 June 30, 2021 $ 1,252,500.00 September 30, 2021 $ 1,252,500.00 December 31, 2021 $ 1,252,500.00 March 31, 2022 $ 835,000.00 June 30, 2022 $ 835,000.00 September 30, 2022 $ 835,000.00 December 31, 2022 $ 835,000.00 March 31, 2023 $ 835,000.00 June 30, 2023 $ 835,000.00 September 30, 2023 $ 835,000.00 December 31, 2023 $ 835,000.00
Amortization Payment Amount means an amount equal to 1/60th of each Term Loan.