Debt Amortization definition

Debt Amortization with respect to any Note shall mean the amortization schedule of principal payments applicable thereto attached as Annex 2(a), Annex 2(b) or Annex 2(c), as applicable, as to the Loan Agreement.
Debt Amortization means, for any period, for the Borrower, an amount equal to the sum, without duplication, of all scheduled amortization with respect to (including any payment or prepayment of principal of, premium, if any, or redemption, purchase, retirement, sinking fund or similar payment) any Indebtedness; in each case payable by the Borrower and its Subsidiaries on a consolidated basis during such period.
Debt Amortization means the aggregate principal amount of all redemptions or similar acquisitions for value of outstanding debt for borrowed money or regularly scheduled principal payments, but excluding any such payments to the extent refinanced through the incurrence of additional Indebtedness otherwise expressly permitted under Section 7.03; provided that for purposes of calculating Scheduled Amortization related solely to the Delayed Draw Term Facility during the period from the First Amendment Effective Date through and including September 30, 2015, such amount shall equal (a) the aggregate amount of all outstanding Delayed Draw Term Loans as of the end of the applicable Measurement Period divided by (b) three and one-half (3.50).

Examples of Debt Amortization in a sentence

  • State Tax Rate: 2.5% as reflected in the Schedules of Periodic Rent, Lease Debt Amortization, Termination Values and the Pricing Assumptions.

  • Each A Note shall be substantially in the form of Exhibit D-1 with blanks and Payment and Amortization Schedules appropriately completed in conformity herewith and shall have the aggregate Debt Amortization Payments with respect to such A Note noted thereon as of the Restructuring Date.

  • Each B Note shall be substantially in the form of Exhibit D-2, with blanks and Payment and Amortization Schedules appropriately completed in conformity herewith and shall have the aggregate Debt Amortization Payments with respect to such B Note noted thereon as of the Restructuring Date.

  • At least three (3) business days before the Effective Time, Casden shall provide AIMCO with written notice of its determination of its allocation in respect of the Villa Azure Earnout Amount, Core Properties Earnout Amount and Mortgage Debt Amortization.

  • Such Debt Amortization Schedule shall be prepared so that the average life from the Commencement Date to maturity of the aggregate original principal amount of the Loans shall not exceed 4.92 years and that the final maturity date of the Loans and the Notes shall not extend to a date which is later than the earlier of the last day of the Basic Term or 7.92 years from the Commencement Date.

  • All Notes issued on the date hereof shall have the Debt Amortization Schedule attached thereto (which debt amortization schedule shall be furnished by PanAmSat pursuant to the Participation Agreement and shall conform with Section 2.1(d)), and shall be (x) dated the date hereof, (y) registered in such Loan Participant's name, and (z) in an aggregate principal amount equal to the amount of the Loan made by such Loan Participant on the Commencement Date, as provided in the Participation Agreement.

  • This term means the ratio of (a) EBITDA less Capital Expenditures, to (b) the sum of Current Interest Expense plus Scheduled Debt Amortization of the Company.

  • The Debt Amortization Schedule shall be allowed to vary only as directed by Lessee.

  • The Cash Flow for Debt Amortization Targets and EBITDA Targets (including the Cumulative Cash Flow for Debt Amortization Targets and Cumulative EBITDA Targets) specified in Appendix A are based upon certain revenue and expense assumptions about the future business of FDC and its Subsidiaries as of the date the Option is granted.

  • In making any adjustment subsequent to the Debt Refinancing Date, the Debt Amortization Schedule shall be allowed to vary only as would be permitted by the Indenture and as directed by HCG assuming that the Notes then outstanding had been issued based upon the Debt Amortization Schedule previously calculated pursuant to this Section 12.05(a).


More Definitions of Debt Amortization

Debt Amortization means all payments of principal relating to mortgages, term loans, lines of credit, capital leases and other indebtedness.