Assumed Amortization Period definition

Assumed Amortization Period means an assumed amortization period for a
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Assumed Amortization Period means, with respect to any Series of Bonds the principal and interest requirements of which are to be recast as provided in clause (v) of the definition of “Bond Service Requirement” herein contained, the period of time determined at the election of the Finance Director of the Issuer, pursuant to either paragraph (a) or paragraph (b), below:
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Assumed Amortization Period means, the period of time specified in paragraph (a) or paragraph (b) below, as selected by the Director of Finance: (a) Five years; or (b) The period of time exceeding five years set forth in a written certificate delivered to the City by a municipal advisor or investment banker selected by City and experienced in the underwriting of indebtedness of the character of the Bonds as being not longer than the maximum period of time over which indebtedness having comparable terms and security issued or incurred by similar issuers of comparable credit standing would, if then being offered, be marketable on reasonable and customary terms.
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Examples of Assumed Amortization Period in a sentence

  • An 210 Assumed Amortization Period may not be longer than the lesser of: (a) the useful life, as 211 of the date of designation, of the assets being financed; and (b) 75 years.


More Definitions of Assumed Amortization Period

Assumed Amortization Period means the period of time specified in paragraph (a) or paragraph (b) below, as selected by the Director of Finance:
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Assumed Amortization Period means the period of time specified in paragraph (a) or paragraph (b) below, as selected by the Chief Financial Officer:
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Assumed Amortization Period means, with respect to any Bonds or Parity Obligations the principal and interest requirements of which are to be recast for purposes of a calculation of the Annual Debt Service Requirements or in connection with the incurrence of an Interim Obligation, the period of time not exceeding thirty (30) years, set forth in an opinion delivered to the Trustee of an investment banker selected by the Treasurer and experienced in underwriting or placing obligations of the type being recast, or of another Person selected by the Treasurer and experienced in the issuance and sale of obligations of such type, as being the maximum period of time over which obligations having comparable terms and security issued or incurred by an issuer of comparable credit standing would, if then being offered, be marketable on reasonable and customary terms.
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Assumed Amortization Period means with respect to any obligations either (i) 25 years or (ii) such lesser period that a Consultant certifies is reasonable in a written statement delivered to the Chief Financial Officer or Finance Director of the City.
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Assumed Amortization Period means the period of time specified in paragraph (a) or paragraph (b) below, as selected by the Fiscal Officer:
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Related to Assumed Amortization Period

  • 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.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

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

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

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Early Amortization Event means any Early Amortization Event specified in Section 5.01 of the Indenture.

  • Post-Deconsolidation Period means any taxable period beginning after the date of a Deconsolidation Event.

  • Negative Amortization That portion of interest accrued at the Note Rate in any month which exceeds the Monthly Payment on the related Mortgage Loan for such month and which, pursuant to the terms of the Mortgage Note, is added to the principal balance of the Mortgage Loan.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Pre-Deconsolidation Period means any taxable period beginning on or prior to the applicable Deconsolidation Date.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Consolidated Amortization Expense means, for any period, the amortization expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

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