Amortization; Repayment Sample Clauses

Amortization; Repayment. 3.1. The Borrower will amortize the Facility as stipulated in the Schedule hereunder written, subject to any other changes in such amortization as communicated later in writing by the Bank to the Borrower. However, in the event of delay or advancement, for any reason whatsoever, in the disbursement of the Facility, the Due Date of payment of first EMI shall in such case be the corresponding day of the following months to the day currently stated in the Schedule hereunder written.
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Amortization; Repayment. (a) The Borrower hereby unconditionally promises to repay to the Administrative Agent for the account of each Lender, on the last day of the first full fiscal quarter ending after the Escrow Release Date and on the last Business Day of each March, June, September and December thereafter prior to the Maturity Date, the Loans in an amount equal to $6,875,000, which amount may be reduced as a result of the application of prepayments of the Loans in accordance with Section 2.8(f). To the extent not previously repaid, all unpaid Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.
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Amortization; Repayment. (i) [intentionally omitted].
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Amortization; Repayment. (i) Subject to the terms of Section 2.10(b)(iii), CUSA shall repay Initial CUSA Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and this Section 2.10(b)) (such amount, for any such date, the “Initial CUSA Term Loan Amortization Amount”): Date Initial CUSATerm Loan Amortization Amount September 30, 2017 $2,693,750 December 31, 2017 $2,693,750 March 31, 2018 $2,693,750 June 30, 2018 $2,693,750 September 30, 2018 $4,040,625 December 31, 2018 $4,040,625 March 31, 2019 $4,040,625 June 30, 2019 $4,040,625 September 30, 2019 $5,387,500 December 31, 2019 $5,387,500 March 31, 2020 $5,387,500 June 30, 2020 $5,387,500 September 30, 2020 $6,734,735 December 31, 2020 $6,734,735 March 31, 2021 $6,734,735 June 30, 2021 $6,734,735 September 30, 2021 $8,081,250 December 31, 2021 $8,081,250 March 31, 2022 $8,081,250 June 30, 2022 $8,081,250 September 30, 2022 $8,081,250 December 31, 2022 $8,081,250 March 31, 2023 $8,081,250
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Amortization; Repayment. (i) Subject to the terms of Section 2.10(b)(iv), CUSA shall repay Initial CUSA Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and this Section 2.10(b)) (such amount, for any such date, the “Initial CUSA Term Loan Amortization Amount”): Date Initial CUSATerm Loan Amortization Amount September 30, 2017 $2,693,750 December 31, 2017 $2,693,750 March 31, 2018 $2,693,750 June 30, 2018 $2,693,750 September 30, 2018 $4,040,625 December 31, 2018 $4,040,625 March 31, 2019 $4,040,625 June 30, 2019 $4,040,625 September 30, 2019 $5,387,500 December 31, 2019 $5,387,500 March 31, 2020 $5,387,500 June 30, 2020 $5,387,500 September 30, 2020 $6,734,735 December 31, 2020 $6,734,735 March 31, 2021 $6,734,735 June 30, 2021 $6,734,735 September 30, 2021 $8,081,250 December 31, 2021 $8,081,250 March 31, 2022 $8,081,250 June 30, 2022 $8,081,250 September 30, 2022 $8,081,250 December 31, 2022 $8,081,250 March 31, 2023 $8,081,250 (ii) Subject to the terms of Section 2.10(b)(iv), the Company shall repay Initial Company Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and this Section 2.10(b)) (such amount, for any such date, the “Initial Company Term Loan Amortization Amount”): Date Initial CompanyTerm Loan Amortization Amount September 30, 2017 $1,056,250 December 31, 2017 $1,056,250 March 31, 2018 $1,056,250 June 30, 2018 $1,056,250 September 30, 2018 $1,584,375 December 31, 2018 $1,584,375 March 31, 2019 $1,584,375 June 30, 2019 $1,584,375 September 30, 2019 $2,112,500 December 31, 2019 $2,112,500 March 31, 2020 $2,112,500 June 30, 2020 $2,112,500 September 30, 2020 $2,640,625 December 31, 2020 $2,640,625 March 31, 2021 $2,640,625 June 30, 2021 $2,640,625 September 30, 2021 $3,168,750 December 31, 2021 $3,168,750 March 31, 2022 $3,168,750 June 30, 2022 $3,168,750 September 30, 2022 $3,168,750 December 31, 2022 $3,168,750 March 31, 2023 $3,168,750
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Related to Amortization; Repayment

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Termination; Repayment The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.

  • Amortization Such Mortgage Loan does not provide for negative amortization unless such Mortgage Loan is an ARD Mortgage Loan, in which case it may occur only after the Anticipated Repayment Date.

  • Collections Following Amortization On the Amortization Date and on each day thereafter, Servicer shall set aside and hold in trust for the benefit of Agent and the Purchasers, in the Collection Accounts in the manner set forth in Sections 7.1(j) and 8.2, all Collections and/or Deemed Collections received on such day and any additional amount for the payment of any Aggregate Unpaids owed by Seller and not previously paid by Seller in accordance with Section 2.1. On and after the Amortization Date, Servicer shall, at any time upon the request from time to time by (or pursuant to standing instructions from) Agent (i) remit to the Second-Tier Account the amounts set aside pursuant to the preceding sentence (to the extent such amounts are not already on deposit therein) and (ii) apply such amounts at Agent’s direction to reduce the Aggregate Capital and any other Aggregate Unpaids (it being understood and agreed that, in any event, no portion of the RPA Deferred Purchase Price may be paid to Seller on a date on or after the Amortization Date and prior to the Final Payout Date). If there shall be insufficient funds on deposit for Servicer to distribute funds in payment in full of the aforementioned amounts, Servicer shall distribute funds in accordance with the applicable Payment Instructions: first, to the reimbursement of Agent’s and each Purchaser’s costs of collection and enforcement of this Agreement, second, ratably to the payment of all accrued and unpaid fees under any Fee Letter and all accrued and unpaid Purchaser Yield, third, to the payment of Servicer’s reasonable out-of-pocket costs and expenses in connection with servicing, administering and collecting the Receivables, including the Servicing Fee, if Seller, or one of its Affiliates is not then acting as Servicer, fourth, to the ratable reduction of Aggregate Capital to zero, fifth, for the ratable payment of all other unpaid Obligations, provided that to the extent such Obligations relate to the payment of Servicer costs and expenses, including the Servicing Fee, when Seller or one of its Affiliates is acting as Servicer, such costs and expenses will not be paid until after the payment in full of all other Obligations, sixth, to the ratable payment in full of all other Aggregate Unpaids, and seventh, after the Facility Termination Date when the Aggregate Unpaids have been indefeasibly reduced to zero, to Seller as RPA Deferred Purchase Price, any remaining Collections.

  • Loan Repayment Upon the terms and conditions of this Agreement, the Issuer agrees to make the Loan to the Company. The proceeds of the Loan shall be deposited with the Trustee pursuant to Section 3.3 hereof. In consideration of and in repayment of the Loan, the Company shall make, as Loan Payments, to the Trustee for the account of the Issuer, payments which correspond, as to time, and are equal in amount as of the Loan Payment Date, to the corresponding Bond Service Charges payable on the Bonds. All Loan Payments received by the Trustee shall be held and disbursed in accordance with the provisions of the Indenture and this Agreement for application to the payment of Bond Service Charges. The Company shall be entitled to a credit against the Loan Payments required to be made on any Loan Payment Date to the extent that the balance of the Bond Fund is then in excess of amounts required (a) for the payment of Bonds theretofore matured or theretofore called for redemption, or to be called for redemption pursuant to Section 6.1 hereof (b) for the payment of interest for which checks or drafts have been drawn and mailed by the Trustee or Paying Agent, and (c) to be deposited in the Bond Fund by the Indenture for use other than for the payment of Bond Service Charges due on that Loan Payment Date. Except for such interest of the Company as may hereafter arise pursuant to Section 8.2 hereof or Sections 5.06 or 5.07 of the Indenture, the Company and the Issuer each acknowledge that neither the Company, the State nor the Issuer has any interest in the Bond Fund or the Bond Purchase Fund, and any moneys deposited therein shall be in the custody of and held by the Trustee in trust for the benefit of the Holders.

  • Amortization Events The occurrence of any one or more of the following events shall constitute an Amortization Event:

  • Early Amortization Events If any one of the following events shall occur:

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