Amortizing Note definition

Amortizing Note means a Note for which payments of principal of and interest on such Note are made in installments over the life of such Note, and unless otherwise specified in the applicable Company Order, payments with respect to an Amortizing Note shall be applied first to interest due and payable thereon and then to the reduction of the unpaid principal amount thereof.
Amortizing Note. The term "
Amortizing Note means a Note with respect to which payments will be applied first to interest due and payable thereon and then to the reduction of the unpaid principal amount thereof.

Examples of Amortizing Note in a sentence

  • If this Senior Note is designated on the first page hereof under “Other Provisions” as an Amortizing Note or as an Extendible Note, certain additional provisions with respect to this Senior Note will be specified above or in an Addendum hereto.

  • If this Subordinated Note is designated on the first page hereof under “Other Provisions” as an Amortizing Note or as an Extendible Note, certain additional provisions with respect to this Subordinated Note will be specified above or in an Addendum hereto.

  • In order to improve the score, there was only evidence that the designers need to make modifications in the user interface to improve control and learnability with better navigation and informative functions.

  • Payments with respect to the Notes of the Series of which such Amortizing Note is part shall be applied first to interest due and payable thereon and then to the reduction of the unpaid principal amount thereof.

  • If this is an Amortizing Note, as indicated on the face hereof, the interest rate terms are specified on the face hereof.


More Definitions of Amortizing Note

Amortizing Note means any note in the form of Exhibit B attached hereto.
Amortizing Note. [ ] Yes [ v ] No. If, Yes, Amortizing Schedule: Additional/Other Terms: Discount Note: [ ] Yes [ v ] No. If, Yes, Total Amount of Discount: Initial Accrual Period of Discount: Additional/Other Terms: Redemption Provisions: [ ] Yes [ v ] No. If, Yes, Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction (if any): Redemption: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Repayment: [ ] Yes [ v ] No. If, Yes, Repayment Date(s): Repayment Price: Repayment: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Sinking Fund (not applicable unless specified): Additional Amounts to be Paid for Withholding Tax (not applicable unless specified):
Amortizing Note. [ ] Yes [X] No. If, Yes, Amortizing Schedule: Additional/Other Terms:
Amortizing Note. Any Note the terms of which provide for the payment of Principal thereof and interest thereon on each Interest Payment Date and the Stated Maturity thereof.
Amortizing Note means a Fixed Rate Note (as defined below) that pays a level amount in respect of both interest and principal amortized over the life of the Note.
Amortizing Note. [ ] Yes [ ] No Amortization Schedule:
Amortizing Note has the meaning given such term in Section 2.05 hereof.