Amortization Payments definition

Amortization Payments means the principal payments of the Loans due under Section 3.01(a) hereof.

Amortization Payments means, as to any Term Loan Facility, the scheduled repayments of the Term Loans of such Term Loan Facility as set forth in subsections 2.9(a), (b) and (c) and Amortization Payment means any such scheduled repayment. Annualized Interest Expense means, for any period of less than four fiscal quarters, the product of (x) Interest Expense for such period and (y) a fraction, the numerator of which is 365 and the denominator of which is the number of days in such period.

Amortization Payments means each principal payment of the Tranche A Loan or of a Tranche B Loan, as applicable, due under Section 3.01(a) or Section 3.01(c) hereof.

Examples of Amortization Payments in a sentence

• Each Amortization Payment shall be that amount of principal which will result in equal (as nearly as possible) aggregate Amortization Payments over the Amortization Period.

• Notwithstanding any provision in this Note to the contrary, the Company will not be required to make any Amortization Payment to the extent any such Amortization Payment would result in the Company making aggregate Amortization Payments in an amount greater than the balance of the Note.

• Subject to the foregoing, amounts prepaid under Section 2.09(a) shall be applied as the applicable Borrower may elect; provided that if such Borrower fails to specify the application of a voluntary prepayment of Term Loans, then, except as may be otherwise specified in any Refinancing Amendment, such prepayments shall be applied ratably to the remaining Principal Amortization Payments.

• Disposition of Mortgage Advance Amortization Payments, Recovery Payments and Proceeds of Sale of the Mortgage The proceeds received by the Agency from a Mortgage Advance Amortization Payment or from the sale of a Mortgage or from Recovery Payments (after making any necessary reimbursements to the Debt Service Reserve Fund including the repurchase of Investment Obligations credited thereto) shall be deposited in the Revenue Account and applied in accordance with the General Resolution.

• Each Amortization Payment shall be that amount of principal which will result in equal (as nearly as possible) aggregate Amortization Payments over the Repayment Period plus interest accrued and unpaid through such Repayment Date.

More Definitions of Amortization Payments

Amortization Payments means periodic payments, such as monthly, semiannually, or annually, of interest (at a fixed or variable rate) on, premiums, if any, and installments of principal of bonds as required by an indenture of the Corporation.

Amortization Payments means (i) with respect to the First Out Waterfall Loans, the three principal payments due on April 2, 2021, April 2, 2022 and on the Maturity Date that are set forth in the second column of the table in Section 2.3(a) and (ii) with respect to the Last Out Waterfall Loans, the two principal payments due on April 2, 2022 and on the Maturity Date that are set forth in the third column of the table in Section 2.3(a).

Amortization Payments means, collectively, the quarterly instalment payments required to be made pursuant to Section 2.4.

Amortization Payments means, collectively, the mandatory repayments of the Term Loans required to be made pursuant to Section 2.7(2).

Amortization Payments means periodic (monthly, semi-annual, annual, etc.) payment of interest on, and installments of principal of loans guaranteed by the Small Business Revolving Loan Fund.

Amortization Payments shall have the meaning ascribed to such term in the recitals hereof.

Amortization Payments means, collectively, with respect to the new senior secured first-priority term loan facility under the Credit Agreement, the repayment by the Company to the First Lien Agent for the ratable account of the term loan lenders (i) on or prior to the first anniversary of the effective date of the Credit Agreement, an aggregate amount equal to $22.5 million and (ii) on or prior to the second anniversary of the effective date of the Credit Agreement, an aggregate amount equal to $22.5 million (which payments may be reduced as a result of the application of prepayments in accordance with the Credit Agreement).