Scheduled Amortization Payment definition

Scheduled Amortization Payment shall have the meaning specified in Section 2.6(b).

Scheduled Amortization Payment means each repayment of Loans made pursuant to Section 2.04(b)(i).

Scheduled Amortization Payment means each repayment of Loans made pursuant to Section 2.04(b)(i). Senior Secured Term Loan Credit Agreement among U.S. Well Services, Inc., USWS Holdings LLC, U.S. Well Services, LLC, the Subsidiary Guarantors, the Initial Lenders, and CLMG Corp. dated as of May 7, 2019 AMERICAS 99636855 v27

Examples of Scheduled Amortization Payment in a sentence

• Assume the tax rates do not change.• For this assignment use only the Scheduled Amortization Payment Plan (payments completed by end of 2005 at which point the road is transferred to Mexico.).

• Each Scheduled Amortization Payment shall be that amount of principal which will result in equal (as nearly as possible) aggregate Scheduled Amortization Payments over the Scheduled Amortization Period.

• On each Scheduled Amortization Payment Date, the Borrower shall prepay (A) an aggregate principal amount of the Term A Loans in an amount equal to one half of one percent (0.50%) of the sum of the initial principal amount of the Term A Loans advanced on the Effective Date and (B) an aggregate principal amount of the Term B Loans in an amount equal to one half of one percent (0.50%) of the sum of the initial principal amount of the Term B Loans advanced on the Effective Date.

More Definitions of Scheduled Amortization Payment

Scheduled Amortization Payment means the scheduled monthly amortization payment specified in Schedule 7 of the Loan Agreement.

Scheduled Amortization Payment means for any Payment Date the sum of the Collateral Vessel Amortization Amounts for such Payment Date for each Primary Collateral Vessel then owned by the Borrower or any Subsidiary Guarantor.

Scheduled Amortization Payment means a payment of principal of the Security due to be paid on a Payment Date in accordance with Section 1.1(b).

Scheduled Amortization Payment means principal payments applied to the Term Loan A Facility, the Australian Term Loan Facility and the Term Loan B Facility on the last Business Day of the month set forth in the column under the heading "Date" below, and in the amounts set forth in the appropriate subcolumn under the heading "Scheduled Amortization Payment" below: Scheduled Amortization Payment ====================================================================== Date Australian Term Term Loan A Loan Term Loan B Facility Facility Facility May 31, 1998 $4,000,000 $1,000,000 $ 500,000 November 30, 1998 4,000,000 1,000,000 500,000 May 31, 1999 5,500,000 2,000,000 500,000 November 30, 1999 5,500,000 2,000,000 500,000 May 31, 2000 7,000,000 3,000,000 500,000 November 30, 2000 7,000,000 3,000,000 500,000 May 31, 2001 6,000,000 4,000,000 500,000 November 30, 2001 6,000,000 4,000,000 500,000 May 31, 2002 5,000,000 5,000,000 500,000 November 30, 2002 5,000,000 5,000,000 500,000 May 31, 2003 7,500,000 5,000,000 10,000,000 November 30, 2003 7,500,000 5,000,000 10,000,000 May 31, 2004 20,000,000 November 30, 2004 20,000,000 ===================================================================== provided that each Scheduled Amortization Payment in respect of the Term Loan A Facility commencing on and after May 31, 1999 shall be reduced by one tenth of the amount of the aggregate undrawn Term Loan A Committed Amounts of the Banks at the time of the Term Loan A Commitment Expiration Date, provided, further, that each Scheduled Amortization Payment in respect of the Australian Term Loan Facility shall be net of any reduction in the Australian Term Loan Interest Reserve attributable to such Scheduled Amortization Payment as provided in Section 2.05(c)(i)(E).

Scheduled Amortization Payment has the meaning set forth in Section 3.01(b) hereof.

Scheduled Amortization Payment the aggregate amount of scheduled principal and interest payments accrued and accruing through the last day of the Interest Period.

Scheduled Amortization Payment has the meaning set forth in Section 2.06(b)(i).