Amortization Term definition

Amortization Term means twenty-five (25) years.
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Amortization Term has the meaning set forth in Section 2.10 herein.
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Amortization Term the period between the Borrowing Term Termination Date and the Receivables Loan Maturity Date.
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Examples of Amortization Term in a sentence

  • WAC WART WA DSCR Remaining Amortization Term # of Loans Ending Scheduled Balance % of Agg.

  • Loan Term and Amortization Type Numeric – Decimal 150000 9(10).99 Always >0 28 Original Amortization Term The number of months in which the loan would be retired if the amortizing principal and interest payment were to be paid each month.

  • If the Amortization Term is longer than the Repayment Term, we have the option, upon sixty (60) days prior written notice to you, to offer to renew this Agreement at the end of the Loan Term on the same Terms and Conditions as set out herein.

  • If we choose to renew your loan, we will provide you with (1) the final date of the existing Loan Term, (2) the new Amount Financed, (3) the new Repayment Term, (4) the new Amortization Term, (5) the new Annual Fixed Interest Rate, (6) the new Total Monthly Payment, (7) the new Balance Owing at End of Monthly Payments and (8) the new Total Cost of Borrowing for the renewal period.

  • The Conversion Notice shall state (a) the date and amount of the advance that Borrower has elected to convert to an Acquisition Loan; (b) the effective date of the conversion to an Acquisition Loan (which must be no later than the expiration of the Borrowing Period), and (c) an Amortization Term of up to 120 months for the requested Acquisition Loan.


More Definitions of Amortization Term

Amortization Term. A twenty-five (25) year amortization term commencing as of the Original Maturity Date. PROMISSORY NOTE – PAGE 1
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Amortization Term means a period of 60 months from the Conversion Date.
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Amortization Term means the one hundred twenty (120) month period commencing on May 1, 2019 and ending on April 30, 2029. For purposes of this Section 2.5, the amount of the Unamortized Costs shall be deemed equal to the amount that would be outstanding under such hypothetical “loan” as of the Cancellation Date.
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Amortization Term has the meaning assigned to such term in Section 2.05(b) of this Agreement.
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Amortization Term means a 15-year term.
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Amortization Term. A period of three hundred (300) months less the number of regularly scheduled Amortizing Principal Reduction Payments then having been made by ▇▇▇▇▇▇▇▇ and received by ▇▇▇▇▇▇.
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Amortization Term means a period of 60 months from the Conversion Date. "Applicable Law" means all applicable provisions of constitutions,
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