Amortization Payment Date definition
Examples of Amortization Payment Date in a sentence
On the Amortization Payment Date in respect of each Monthly Amortization Payment, the applicable Monthly Amortization Payment that remains outstanding as of such date shall be paid in cash pursuant to Section (1)(d)(ii) hereof (an “Amortization Cash Payment”).
Any portion of a Monthly Amortization Payment in respect of an Amortization Share Payment that is not paid in Common Shares by the applicable Amortization Payment Date shall be due and payable on or before the Maturity Date.
The Company shall make monthly payments (“Monthly Amortization Payments”) which shall be due monthly beginning on the Amortization Period Commencement Date (as defined below) and paid no later than the applicable Amortization Payment Date (as defined below), subject to, and in accordance with, the provisions of this Section 1(d) herein.
Beginning on the Amortization Set Date in respect of each Monthly Amortization Payment and concluding at 11:59 pm local time in New York City on the Amortization Payment Date at least $10 million of the applicable Monthly Amortization Payment shall be paid in Common Shares pursuant to Section (1)(d)(i) hereof, subject to the Maximum Share Cap and the Beneficial Ownership Cap (an “Amortization Share Payment”).