Unamortized Premium definition

Unamortized Premium means for each Eligible Loan, the portion of the related Premium that has not been amortized based upon an assumed average life for such Eligible Loan of seven years and straight line method of amortization (or such other method approved by a Rating Agency Confirmation).
Unamortized Premium means for each Eligible Loan, the portion of the related Premium that has not been amortized based upon an assumed average life for such Eligible Loan of seven years or such lesser time period as set forth in a Supplemental Indenture as set forth in a Supplemental Indenture.
Unamortized Premium means the remaining amount of the Financed Premium Amount at any time pursuant to Premium Amortization.

Examples of Unamortized Premium in a sentence

  • Amounts credited to this account shall be charged concurrently to account 225, Unamortized Premium on Long-Term Debt.B. This account shall be so kept or supported as to show the premium on each class and series of long-term debt.429.1 Amortization of gain on reac- quired debt—Credit.A. This account shall include the am- ortization of the gains realized from re- acquisition of debt.

  • Professional Qualifications of Teachers Teacher EvaluationsUnder contract with our bargaining units all staff are evaluated on a regular basis.

  • In stating the balance sheet, the total of the debit balances remaining in those accounts having debit balances shall be reported under Account 140, Unamortized Debt Discount and Expense, and the total of the credit balances remaining in those accounts having credit balances shall be reported under Account 240, Unamortized Premium on Debt.

  • The premium will be recorded in Account 225, Unamortized Premium on Long-Term Debt, the discount will be recorded in Account 226, Unamortized Discount on Long-Term Debt - Debit, and the expense of issuance shall be recorded in Account 181, Unamortized Debt Expense.

  • Amounts credited to this account shall be charged concurrently to account 225, Unamortized Premium on Long-Term Debt.


More Definitions of Unamortized Premium

Unamortized Premium means, with respect to any Financed Student Loan, the excess, if any, of (i) the Premium for such Financed Student Loan over (ii) the product of (x) such Premium and (y) a fraction, the numerator of which is the number of months which have elapsed since the purchase of such Financed Student Loan by the Trust and the denominator of which is 72.
Unamortized Premium means, with respect to any Maturity of Bonds, the premium minus the Amortized Premium on such Maturity as of the date of determination.
Unamortized Premium means, for any period set forth in Schedule 1.1(l) hereto, the corresponding amount set forth in the column titled “Unamortized Premium” in such Schedule.
Unamortized Premium has the meaning set forth in Schedule 1.1(k).
Unamortized Premium means, on any date, an amount equal to (i) (1/84th) of the payments received by the Company as set forth in subsection (i) and, if the Private Label Launch Date has occurred, subsection (ii) of Schedule 9.1(b) multiplied by (ii) the number of months, if any, rounded to the nearest integer, remaining before the seventh (7th) anniversary of the Effective Date.
Unamortized Premium. [Reserved].
Unamortized Premium means (i) the Premium, less 1/120th thereof for each full month that transpires after the Effective Date; plus (ii) unamortized premium related to each retail credit card business portfolio acquired by Bank in connection with an acquisition pursuant to Section 2.6 of this Agreement, based upon an amortization schedule agreed upon by Dillard's and Bank.