Amortization Principal Payment Date definition

Amortization Principal Payment Date means, with respect to any Note, (a) the related Initial Amortization Principal Payment Date and the first Business Day of each sixth (6th) calendar month occurring thereafter which occurs prior to the Amortization End Date and (b) the Amortization End Date.
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Amortization Principal Payment Date means each [ ], commencing [ ].]
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Amortization Principal Payment Date means (a) the Amortization Payment Commencement Date and each three month anniversary of the Amortization Payment Commencement Date occurring thereafter which occurs prior to the Amortization End Date and
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Examples of Amortization Principal Payment Date in a sentence

  • With respect to the Class B(2005-3) Notes only, so long as the Class B(2005-3) Notes shall not have been accelerated following an Event of Default or the occurrence of an Early Amortization Event, Section 3.12(a) of the Indenture Supplement shall be deemed not to apply on any Note Transfer Date immediately preceding a Controlled Amortization Principal Payment Date except for the Note Transfer Date immediately preceding the Scheduled Principal Payment Date.

  • With respect to the Class B(2005-4) Notes only, so long as the Class B(2005-4) Notes shall not have been accelerated following an Event of Default or the occurrence of an Early Amortization Event, Section 3.12(a) of the Indenture Supplement shall be deemed not to apply on any Note Transfer Date immediately preceding a Controlled Amortization Principal Payment Date except for the Note Transfer Date immediately preceding the Scheduled Principal Payment Date.

  • In the event that the 2012 Series A Bonds are not purchased or remarketed on such Bank Purchase Date, (i) the 2012 Series A Bonds will bear interest at the Amortization Period Rate unless an Event of Default as defined in the CCA has occurred at which time the 2012 Series A Bonds will bear interest at the Default Rate, and (ii) the Aggregate Principal Amount of such 2012 Series A Bonds will be payable in semiannual installments on each Amortization Principal Payment Date.

  • In the event that 2012 Series A Bonds are not purchased or remarketed on such Bank Purchase Date, (i) the 2012 Series A Bonds will bear interest at the Amortization Period Rate unless an Event of Default as defined in the 2012A CCA has occurred at which time the 2012 Series A Bonds will bear interest at the Default Rate, and (ii) the Aggregate Principal Amount of such 2012 Series A Bonds will be payable in semiannual installments on each Amortization Principal Payment Date.

  • With respect to the Class B(2005-5) Notes only, so long as the Class B(2005-5) Notes shall not have been accelerated following an Event of Default or the occurrence of an Early Amortization Event, Section 3.12(a) of the Indenture Supplement shall be deemed not to apply on any Note Transfer Date immediately preceding a Controlled Amortization Principal Payment Date except for the Note Transfer Date immediately preceding the Scheduled Principal Payment Date.

  • In the event that 2017 Series E Bonds are not purchased or remarketed on such Bank Purchase Date, (i) the 2017 Series E Bonds will bear interest at the Amortization Period Rate unless an Event of Default as defined in the 2017E CCA has occurred at which time the 2017 Series E Bonds will bear interest at the Default Rate, and (ii) the Aggregate Principal Amount of such 2017 Series E Bonds will be payable in semiannual installments on each Amortization Principal Payment Date.


More Definitions of Amortization Principal Payment Date

Amortization Principal Payment Date means, with respect to any Amortizing Note,
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Related to Amortization Principal Payment Date

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Expected Principal Payment Date means April 15, 2010.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 77% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date. Servicer: Calmco, or its successors in interest, as applicable.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.

  • Principal Payment Any payment of principal on a Mortgage Loan other than a Principal Prepayment.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • Class B Monthly Principal means the monthly principal distributable in respect of the Class B Certificates as calculated in accordance with subsection 4.07(b).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Noteholders' Percentage of the Principal Distributable Amount.

  • Class A Monthly Principal means the monthly principal distributable in respect of the Class A Certificates as calculated in accordance with subsection 4.07(a).

  • Certificate Monthly Principal Distributable Amount means, with respect to any Payment Date, the Certificate Percentage of the Principal Distributable Amount for such Payment Date.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Class A-4 Final Scheduled Payment Date means the June 16, 2025 Payment Date.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in February 2028.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.