Reamortization Date definition

Reamortization Date means the date on which benefit payments are recalculated to account for changes in investment performance or interest rates. This date shall be the last Business Day of October, effective on January 1 of the next Plan Year.
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Reamortization Date. The first (1st) day of the calendar month immediately preceding (i) the Amortization Commencement Date, and (ii) each succeeding Payment Date thereafter. Exhibit 10.3
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Examples of Reamortization Date in a sentence

  • The amount of each installment from a Stock Account shall be equal to the product of the current number of Stock Credits in such Stock Account on the Valuation Date and/or Reamortization Date and a fraction, the numerator of which is one (1) and the denominator of which is the total number of installments elected, minus the number of installments previously paid.

  • The amount of a monthly installment from a Cash Account or Asset Account shall be equal to the product of the current balance in such Account on the Valuation Date and/or Reamortization Date and a fraction, the numerator of which is one (1) and the denominator of which is the total number of installments elected, minus the number of installments previously paid.

  • Monthly cash installments shall be reamortized annually on the Reamortization Date.

Related to Reamortization Date

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Early Amortization Event means the occurrence of any of the following:

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in January 2025.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Class A-4 Final Scheduled Payment Date means the June 16, 2025 Payment Date.

  • Negative Amortization That portion of interest accrued at the Note Rate in any month which exceeds the Monthly Payment on the related Mortgage Loan for such month and which, pursuant to the terms of the Mortgage Note, is added to the principal balance of the Mortgage Loan.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Class C Final Scheduled Payment Date means the Payment Date occurring in January 2026.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in February 2028.

  • Managed Amortization Period means the period from the Closing Date to the Rapid Amortization Commencement Date.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Amortization Schedule means, with respect to each Equipment Note, the amortization schedule for such Equipment Note delivered pursuant to Section 2.02 of the Trust Indenture.