Amortization Principal Amount definition

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Definition: Amortization Principal Amount

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Amortization Principal Amount shall have the meaning set forth in Section (1)(c).

Sample 1Sample 2Sample 3

Amortization Principal Amount means $500,000.

Sample 1

Amortization Principal Amount means (i) in respect of the first monthly payment, 50% of the aggregate Principal balance outstanding under this Note and the Other Notes as of the date of the Amortization Event triggering such monthly payment, and (ii) in respect of any subsequent monthly payment, 25% of the aggregate Principal balance outstanding under this Note and the Other Notes as of the date of the Amortization Event triggering such monthly payment.

Sample 1

Examples of Amortization Principal Amount in a sentence

If this Note or any Other Notes are held by more than one Holder, then the Amortization Principal Amount, plus the Payment Premium in respect of such Amortization Principal Amount, shall be allocated to each Holder based on each Holder’s pro-rata portion of the total Principal amount outstanding on all such notes.