Amortization Requirements definition

Amortization Requirements means, on any date of determination, each of the Series Amortization Requirements for each Series of Outstanding Notes.
Amortization Requirements means, with respect to the Term Bonds, the principal amounts fixed initially in Exhibit B to this Agreement for the retirement of Term Bonds by purchase or redemption on the dates specified in Exhibit B hereto.
Amortization Requirements has the meaning set forth in Section 2.03. “Anti-Terrorism Laws” has the meaning set forth in Section 8.01(n).

Examples of Amortization Requirements in a sentence

  • In the event that one or more of the Amortization Requirements is not satisfied on the Mandatory Prepayment Date, the principal amount of the Loan will bear interest at the Default Rate and will be due and payable in full on the one hundred eightieth (180th) day immediately following the Mandatory Prepayment Date.

  • The Term Bonds shall have such Amortization Requirements (and corresponding mandatory sinking fund redemption requirements) as determined by the unanimous agreement of the Delegates prior to the award of the Bonds.

  • The term bonds maturing July 1, are also subject to redemption, in part, by lot, prior to maturity to satisfy Amortization Requirements (as defined in the Agreement), on each July 1 commencing July 1, , at the principal amount of the bonds to be redeemed together with the interest accrued thereon to the date fixed for redemption.

  • In case of default by the Borrower in the payment of any principal (including any amount in respect of original issue discount), interest, Amortization Requirements, or analogous obligation, or in the payment of any other amounts payable by the Borrower or the performance of any other obligations of the Borrower under this Agreement, the Guarantor agrees duly and punctually to pay or perform the same.

  • To the credit of the Redemption Subaccount of the Sinking Fund Account, an amount equal to one-twelfth (1/12) or, if any Bonds are required to be retired semi-annually in satisfaction of the Amortization Requirements therefor, one sixth (1/6) of the principal amount of Term Bonds of each Series then Outstanding required to be retired, in satisfaction of the Amortization Requirements, if any, for such Fiscal Year.


More Definitions of Amortization Requirements

Amortization Requirements has the meaning given such term in Section 2.05 hereof.
Amortization Requirements means the money required to be deposited in the Sinking Fund for the purpose of the mandatory redemption or payment at maturity of any Term Bonds issued pursuant to this Indenture, the specific amounts and times of such deposits to be as provided in Section 3.01 with respect to the Series 1996 Bonds and to be determined in the Supplemental Indenture authorizing the issuance of such Term Bonds.
Amortization Requirements means such moneys required to be deposited in the Redemption Account for the purpose of paying when due or redeeming prior to maturity any Term Bonds issued pursuant to this Resolution, or the specific amounts and times of such deposits to be determined in accordance with or under the authority of this Resolution with respect to the Series 2021 Bonds and a Series Resolution authorizing the issuance of such Term Bonds with respect to any other Series of Bonds.
Amortization Requirements means the amounts required to be deposited in the Principal Account Account for the Bonds for the purpose of redeeming prior to their maturity and paying at their maturity the Term Bonds of any Series, issued pursuant to this Resolution, the specific amounts and times of such deposits to be determined by the Town Manager as provided in Section 208(b) and (e) hereof or in the applicable Series Resolution.
Amortization Requirements for the Bonds shall mean the amount established with respect to payment of Tenn Bonds, which is required to be paid into the Redemption Accouut in each Bond Year. The aggregate amount of such Amortization Requirements (including the amouut payable at maturity) for the Tenn Bonds of each series of Bonds shall be equal to the principal amouut of such Tenn Bonds and the due dates for Amortization Requirements for any Tenn Bonds shall begin in the Bond Year designated herein or in the applicable Snpplemental Indenture and shall end with the Bond Year in which such Bonds mature.
Amortization Requirements means such moneys required to be deposited in the Bond Redemption Account for the purpose of the mandatory redemption or payment at maturity of any Term Bonds, the specific amounts of such deposits to be determined by the Chairperson in the Chairperson’s Certificate with respect to the Series 2021 Bonds and pursuant to any resolution authorizing any other Series of Bonds with respect to such other Series of Bonds.
Amortization Requirements means the amounts required to be deposited in the Redemption Subaccount for any Series of Bonds for the purpose of redeeming prior to their maturity and paying at their maturity the Term Bonds of any Series, issued pursuant to this