Amortization Requirements definition

Amortization Requirements means, on any date of determination, each of the Series Amortization Requirements for each Series of Outstanding Notes.

Amortization Requirements means, with respect to the Term Bonds, the principal amounts fixed initially in Exhibit B to this Agreement for the retirement of Term Bonds by purchase or redemption on each June one (1) and December one (1) of each year pursuant to Section 301(e) hereto, commencing on June one (1), two thousand ten (2010), or payment at maturity in the case of the final Amortization Requirement for each Term Bond.

Amortization Requirements has the meaning set forth in Section 2.06(a).

Examples of Amortization Requirements in a sentence

• The Term Bonds shall have such Amortization Requirements (and corresponding mandatory sinking fund redemption requirements) as determined by the unanimous agreement of the Delegates prior to the award of the Bonds.

• In the event that one or more of the Amortization Requirements is not satisfied on the Mandatory Prepayment Date, the principal amount of the Loan will bear interest at the Default Rate and will be due and payable in full on the one hundred eightieth (180th) day immediately following the Mandatory Prepayment Date.

• The application will be processed upon confirmation of the payment of the application fee.

• For purposes of computing Principal and Interest Requirements for any Fiscal Year, principal, interest and Amortization Requirements on Bonds due on October 1 of a Fiscal Year are deemed due in the preceding Fiscal Year.

• As a result, the traditional budget pathologies pertaining to unrealistic budgets with the proposed expenditures not anchored in any particular sectoral strategy and not linked to any clear output have dissipated to a large extent.

More Definitions of Amortization Requirements

Amortization Requirements has the meaning set forth in Section 2.03. “Anti-Terrorism Laws” has the meaning set forth in Section 8.01(n).

Amortization Requirements means such moneys required to be deposited in the Senior Redemption Account or the Subordinate Redemption Account, as applicable, for the purpose of the mandatory redemption or payment at maturity of any Term Bonds issued pursuant to this Ordinance, the specific amounts and times of such deposits to be determined by the Board in the Series Resolution authorizing the issuance of such Term Bonds.

Amortization Requirements means the amounts required to be deposited in the Redemption Subaccount for any Series of Bonds for the purpose of redeeming prior to their maturity and paying at their maturity the Term Bonds of any Series, the specific amounts and times of such deposits to be determined by the City Commission in a Series Resolution relating to such Series of Bonds.

Amortization Requirements means the money required to be deposited in the Sinking Fund for the purpose of the mandatory redemption or payment at maturity of any Term Bonds issued pursuant to this Indenture, the specific amounts and times of such deposits to be as provided in Section 3.01 with respect to the Series 1996 Bonds and to be determined in the Supplemental Indenture authorizing the issuance of such Term Bonds.

Amortization Requirements means the recovery or repayment of capital costs as principal and interest, in substantially equal annual installments over a fixed term for a Capital Expenditure which is not debt financed and is equal to or greater than $300,000. Capital Expenditures less than $300,000 are included, in their entirety, in the calculation of rentals, fees, and charges in the year incurred. The AUTHORITY’s recovery of annual amortization for Capital Expenditures placed in service in FY 2011 through FY 2015 shall be computed using the Bond Buyer Revenue Bond Index and any successor index thereto as the interest rate, and the useful life of the asset, as determined by generally accepted accounting principles, as the term for such amortization charges.

Amortization Requirements means such moneys required to be deposited in the Bond Redemption Account for the purpose of the mandatory redemption or payment at maturity of any Term Bonds, the specific amounts of such deposits to be determined by the Chairperson in the Chairperson’s Certificate with respect to the Series 2021 Bonds and pursuant to any resolution authorizing any other Series of Bonds with respect to such other Series of Bonds.

Amortization Requirements means, with respect to the Term Bonds, the principal amounts fixed initially in Exhibit B to this Agreement for the retirement of Term Bonds by purchase or redemption on each ______ ______ (__) and ________ ______ (__) of each Bond Year pursuant to Section 301(e) hereto, commencing on ______ ______ (__), _______________ (____), or payment at maturity in the case of the final Amortization Requirement for each Term Bond. On or before the forty-fifth (45th) day next preceding any Interest Payment Date on which Term Bonds are to be retired pursuant to the Amortization Requirement therefor, the Authority or the Borrower may purchase and deliver to the Trustee for cancellation Term Bonds required to be redeemed on such Interest Payment Date in any aggregate principal amount desired and receive a credit against the required Amortization Requirement on account of such