Principal Amortization Payment definition

Principal Amortization Payment means a scheduled principal payment on the Term Loans pursuant to Section 2.08(b) (including the remaining payment due on the Term Loan Maturity Date).
Principal Amortization Payment means a principal payment on the Tranche A Loans as set forth in Section 2.4(d).
Principal Amortization Payment means a principal payment on the Tranche A Term Loans as set forth in Section 2.4(d) or on the Tranche B Term Loans as set forth in Section 2.5(d).

Examples of Principal Amortization Payment in a sentence

  • Principal Amortization; Payment of Principal The Bonds will consist of serial bonds maturing on September 1 in the years 2022 through 2035, inclusive, except as otherwise may be determined if the “Term Bond Option” is selected, as set forth herein.

  • The proceeds of each Term B-3 Loan shall be used solely to satisfy the Applicable Principal Amortization Payment due and payable on the proposed date of funding.

  • Without limiting the generality of the foregoing, the Administrative Agent may debit such account (a) for interest on each Interest Payment Date and on the Maturity Date and (b) for scheduled principal payments on each Principal Amortization Payment Date and on the Maturity Date.

  • The Borrower shall repay, and there shall become due and payable, on each Principal Amortization Payment Date in installments of 0.25% of the aggregate principal amount of the Tranche B-5 Term Loans on the Amendment No. 45 Effective Date, which payments shall be reduced as a result of the application of prepayments in accordance with Section 2.08.

  • The Borrower shall repay, and there shall become due and payable, on each Principal Amortization Payment Date in installments of 0.25% of the original aggregate principal amount of the Term Loans on the Closing Date, which payments shall be reduced as a result of the application of prepayments in accordance with Section 2.09.


More Definitions of Principal Amortization Payment

Principal Amortization Payment means a principal payment on the ------------------------------ Term Loan as set forth in Section 2.1(c) of the Supplemental Credit Agreement.
Principal Amortization Payment means a principal payment on the Term Loans as set forth in Section 2.2(d).
Principal Amortization Payment means a principal payment on the Tranche B Loans as set forth in Section 2.4(d).
Principal Amortization Payment means a principal payment on the Tranche A Term Loans as set forth in Section 2.4(d) or on the Delayed Draw Term Loans as set forth in Section 2.5(d).
Principal Amortization Payment means a principal payment on the Term Loan as set forth in Section 2.06(b).
Principal Amortization Payment means the principal included in any regular amortization payment required to be made by the Borrower on account of any Congress Senior Indebtedness or any other Permitted Senior Indebtedness (excluding, for greater certainty, any balloon payment at maturity);