Examples of Loan Amortization Schedule in a sentence
A copy of the SFA’s current Equipment Cost Loan Amortization Schedule is attached as Exhibit K.
A copy of the SFA’s currentEquipment Cost Loan Amortization Schedule is attached as Exhibit K.
Revenue Fund.(a) On any Payment Date that occurs prior to or during the month in which the MBS is delivered to the Trustee, the Trustee shall disburse from the Revenue Fund (and, to the extent amounts in the Revenue Fund, other than amounts in the Negative Arbitrage Account therein, are insufficient for such purposes, from the Negative Arbitrage Account therein) an amount equal to the amount of interest due on the Bonds on such Payment Date pursuant to the Mortgage Loan Amortization Schedule.
On any Payment Date that occurs prior to or during the month in which the MBS is delivered to the Trustee, the Bonds are subject to mandatory redemption in part in an amount equal to the amount due on the first day of the month in which such Payment Date occurs as shown in the Mortgage Loan Amortization Schedule, payable with respect to principal from money on deposit in the Collateral Fund, and with respect to interest, from money on deposit in the Revenue Fund.
The application of such excess shall not reduce the periodic payments under the Loan Amortization Schedule except that upon full payment of all amounts due with respect to the Loan, no further periodic payments thereunder shall be required.