Term Amortization Amount definition

Term Amortization Amount means, with respect to each Amortization Date, $180,000.
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Term Amortization Amount means a principal payment in the amount of $3,750,000, provided that if the Aggregate Term Commitments are hereafter increased pursuant to Section 2.16, then the Term Amortization Amount for each subsequent Quarterly Payment Date shall be ratably increased in the same proportion that the principal amount of the increase bears to $60,000,000.
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Term Amortization Amount means, as to each Quarterly Payment Date, $375,000, provided that in the event that the amount of the Term Commitment is hereafter increased in accordance with Section 2.9, then the Term Amortization Amount shall be increased as to each subsequent Quarterly Payment Date by a fraction equal to (a) the sum of $150,000,000 plus the principal amount of the increase to the Term Commitment over (b) $150,000,000.
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Examples of Term Amortization Amount in a sentence

  • Subject to the last sentence of Section 2.8, Borrower shall repay the Term Loans on each Quarterly Payment Date, commencing with the Quarterly Payment Date occurring on March 31, 2004, in the related Term Amortization Amount.

  • Borrower shall repay the Term Loans on each Quarterly Payment Date, commencing with the Quarterly Payment Date occurring on March 31, 2005, in the related Term Amortization Amount.

  • The payments required by this Section 5 shall not postpone, reduce, amend or otherwise modify any Term Amortization Amount or Term Amortization Date until all Obligations under the Note, the Credit Agreement and the other Loan Documents shall have been fully performed and paid in full.

  • Borrower and the Co-Borrowers shall repay the Term Loans on each Quarterly Payment Date, commencing with the Quarterly Payment Date occurring on December 31, 2005, in the related Term Amortization Amount.


More Definitions of Term Amortization Amount

Term Amortization Amount means, as to each Quarterly Payment Date, the amount set forth opposite that Quarterly Payment Date in the matrix set forth below: Quarterly Payment Dates Term Amortization Amount ----------------------- ------------------------ December 31, 2003 through September None 30, 2004 December 31, 2004 through September None 30, 2005 December 31, 2005 through September $ 5,000,000 30, 2006 December 31, 2006 through September $ 7,500,000 30, 2007 December 31, 2007 through September $37,500,000 30, 2008
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Term Amortization Amount means, with respect to each Amortization Date described below, the amount set forth below opposite that Amortization Date: Amortization Date Amount ----------------- ------ 3/31/02, 6/30/02, 9/30/02, $1,750,000 12/31/02, 3/31/03, 6/30/03, 9/30/03 and 12/31/03 3/31/04, 6/30/04, 9/30/04 and $1,500,000 12/31/04 3/31/05, 6/30/05, 9/30/05 and $1,000,000 12/31/05 3/31/06, 6/30/06, 9/30/06 and $500,000 the Term Facility Maturity Date
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Related to Term Amortization Amount

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

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

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

  • Term Loan Amortization Date is June 1, 2021; provided, however, upon the occurrence of the Positive Data Event, the Term Loan Amortization Date shall be June 1, 2022.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.