Amortization Commencement Date definition

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

Amortization Commencement Date means, with respect to a Series of Notes, the date on which an Amortization Event for such Series is deemed to have occurred pursuant to Section 9.1 of the Base Indenture.

Amortization Commencement Date means the day immediately following the end of the Revolving Credit Availability Period.

Examples of Amortization Commencement Date in a sentence

• As of the date hereof, to the best knowledge of the undersigned, no Early Amortization Commencement Date occurred on or prior to such Distribution Date.

• This Agreement shall continue in full force and effect for a term commencing on the Closing Date and ending one year after the Amortization Commencement Date (the “Maturity Date”).

• If, as of the first day of any month following the Amortization Commencement Date, the Amortization Commencement Date Principal Balance has not been reduced by at least the Required Amortization Amount as of such date, then Borrower immediately shall pay to Agent, in cash, the amount of such shortfall, which amount shall be used by Agent to reduce the outstanding principal amount of the Amortization Commencement Date Principal Balance.

• The unpaid principal balance of this Note shall bear interest at a rate per annum equal to ZERO AND 13/100 PERCENT (0.13%), (1) calculated on the basis of actual number of days in the year and actual days elapsed until the Amortization Commencement Date (as hereinafter defined), and (2) calculated on the basis of a 360- day year consisting of twelve 30-day months thereafter.

• Borrower shall deposit a monthly amount of $______ concurrently with the Amortization Commencement Date unless a different date or amount is established by HUD.

More Definitions of Amortization Commencement Date

Amortization Commencement Date means the first day of the Permanent Loan Period, which shall be October 31, 2019.

Amortization Commencement Date shall have the meaning assigned to such term in Section 2.10(c).

Amortization Commencement Date means the earlier to occur of (a) August 8, 2002, or (b) February 8, 2001, if less than $50,000,000 in aggregate principal amount of the Loans has been advanced as of such date (regardless of the outstanding principal amount of the Loans as of such date and exclusive of the aggregate principal amount of the Original Loans that were previously advanced other than the Original Loans which are, in accordance with Section 2.1, deemed to be outstanding as Loans hereunder).

Amortization Commencement Date means the later of (a) March 31, 2011, and (b) the date that is 180 days after the date the Borrowers satisfy the post-closing requirements set forth in items 1, 2 and 3 on Schedule 5.15.

Amortization Commencement Date. As defined in the Note.

Amortization Commencement Date means August 6, 2020.

Amortization Commencement Date means the earlier of (i) the date of the declaration or automatic occurrence of the Amortization Commencement Date pursuant to Section 7.01 hereof or (ii) the Facility Maturity Date.