Amortization Periods definition

Amortization Periods. Collectively, the Managed Amortization Period and the Rapid Amortization Period.
Sample 1Sample 2Sample 3
Amortization Periods means the period of time commencing on the date(s) Landlord disburses the applicable portion of the Additional Allowance to Tenant and ending on the New Termination Date of the Extended Term. In the event the Lease shall terminate for any reason other than a Landlord default, including without limitation as a result of a default by Tenant under the terms of the Lease or this Tenant Work Letter, Tenant acknowledges and agrees that the unamortized balance of the Additional Allowance which has not been paid by Tenant to Landlord as of the termination date pursuant to the foregoing provisions of this Section 2.1 shall become immediately due and payable as unpaid rent which has been earned as of such termination date, specifically including a termination pursuant to Articles 11 and 13 of the Lease. In addition, in no event shall the Amortization Rent be abated for any reason whatsoever, including without limitation, pursuant to Articles 11 and 13 of the Lease. The Improvement Allowance and the portion of the Additional Allowance so elected to be received by Tenant are sometimes collectively referred to herein as the "Allowances”. In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Allowances and in no event shall Tenant be entitled to any credit for any unused portion of the Allowances not used by Tenant by September 30, 2009.
Sample 1

Examples of Amortization Periods in a sentence

  • These Amortization Periods may not change absent a Section 205 or 206 filing.

  • For petitions filed on or after18November 14, 2002, the following provisions shall apply to certification of all work and19improvements for properties containing five residential units or less, with the exception of work20and improvements costs certified for passthrough under Subsections 7.12(c)(2) or 7.12(c)(3):21(A) Amortization Periods.

  • CalPERS has announced that it will be phasing in a 20-year amortization schedule for all member Agencies.173 However, Agencies remain free to elect more aggressive reductions in their Amortization Periods.

  • Amortization bases established prior to that date would continue as scheduled under current policy.70 Although this change will decrease the Cities’ pension costs over the long run (see, Table No. 5 below for examples of such savings), in the near term shortened Amortization Periods will increase their contribution payments.

  • Examples of the cost of accrued interest to four of the Cities over different Amortization Periods are given in Table No. 5.

  • Neither of the Parties may assign this Agreement or any rights under the Agreement without the prior written consent of the other party.

  • It also shows that, if the Amortization Periods were shortened to 20 years, or even 15, those Cities would realize large savings on interest.

  • Chapters: 3.04 Property Tax Exemptions 3.08 Amortization Periods Chapter 3.04 PROPERTY TAX EXEMPTIONS Sections: 3.04.010 Purpose.

  • Amortization Periods of Intangible Assets with Finite-Lives Intangible assets, net, primarily include exchange and clearing registrations, customer relationships, trade names, licenses and technology.

  • This is an essential input for designating energy zones and providing a frame for integrative system solutions.

Related to Amortization Periods

  • Amortization Period means the period beginning on the Termination Date and ending on the Maturity Date.

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Managed Amortization Period means the period from the Closing Date to the Rapid Amortization Commencement Date.

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

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

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

  • Early Amortization Event means the occurrence of any of the following:

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

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

  • Amortization Event has the meaning specified in Article IX.

  • Amortization means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized.

  • Accumulation Period has the meaning set forth in the Indenture Supplement.

  • Accounting Periods means each month.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Potential Amortization Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Amortization Event.