Amortization Start Date definition

Amortization Start Date is the first day of the month immediately following the end of the Interest-Only Period.

Amortization Start Date means the first business day of the month immediately following the Availability End Date.

Amortization Start Date means, unless waived in writing by the Required Lenders, if an Event of Default is continuing on the last date of any calendar month, the last date of the calendar month immediately following the calendar month in which such Event of Default occurred.

Examples of Amortization Start Date in a sentence

• The Term Loans shall be “interest only” through the Amortization Start Date and shall be payable in accordance withSection 2.3(c) below.

• Consequently, the rise in production generates an increase in imports.

• Beginning on the Amortization Start Date, each Term Loan Payment shall be payable on the Payment Date of eachmonth.

• Beginning on the Amortization Start Date, and continuing on the first day of each month thereafter, Borrower shall repay the Term Loan in (i) (x) if the Amortization Start Date is July 1, 2021, thirty (30) equal installments of principal, or (y) if the Amortization Start Date is January 1, 2022, twenty-four (24) equal installments of principal, plus (ii) monthly payments of accrued interest (each, a “Term Loan Payment”).

• Each quarterly principal installment shall be in an amount equal to the following quotient: The original principal amount of the applicable Optional Loan multiplied by 40% n For the purpose of the preceding sentence, “n” shall mean the total number of Optional Loan Principal Payment Dates occurring during the period commencing on the Optional Loan Amortization Start Date and ending on the last day of the Fiscal Quarter of the Borrower ending closest to June 30, 2014.

More Definitions of Amortization Start Date

Amortization Start Date means December 20, 2016; provided however if Borrower has achieved the Tranche B Milestones and no Event of Default has occurred and is continuing at such time, the Amortization Start Date shall be extended to June 20, 2017.

Amortization Start Date is August 1, 2018; provided, however, if Bank fully funds both the Tranche B Growth Capital Advance and the Tranche C Growth Capital Advance to Borrower, then the Amortization Start Date shall automatically, and with no further action required by the parties hereto, be extended to January 1, 2019.

Amortization Start Date means the first date upon which one or more of the following occurs:

Amortization Start Date. July 31, 2026.

Amortization Start Date means the 3rd day of the month immediately following the Interest-Only End Date.

Amortization Start Date is May 1, 2020; provided however, if Borrower achieves the New Capital Event, the Amortization Start Date shall automatically, with no further action required by the parties hereto, be extended to November 1, 2020.

Amortization Start Date is April 1, 2018; provided, however, if Borrower achieves the FDA Milestone, then the Amortization Start Date shall automatically, with no further action required by the parties hereto, be extended to April 1, 2019.