Paydown Amount definition

Paydown Amount has the meaning set forth in Section 2(c).

Paydown Amount shall have the meaning set forth in Section 3.2.

Paydown Amount means an amount not to exceed Twenty Five Million Dollars ($25,000,000.00) paid (or caused to be paid) by Purchaser (or its designee) to Servicer (or its designee) on the Closing Date to be applied against the Assumed Loans.

Examples of Paydown Amount in a sentence

• If by June 30, 2021, the Borrower has failed to pay to the Agents the Required Paydown Amount, then (A) the Borrower will provide, with respect to the Borrowing Base Assets located at (i) 3100 South St. NW, Washington DC, (ii) 2201 M St. NW, Washington DC, (iii) 906 6th St. NW, Washington DC and(iv) 132-26 S.

• BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:TLSB 5177YH (3) 87kh/rj1 Section 1.

• For the avoidance of doubt, by September 30, 2021, not less than the Required Paydown Amount (inclusive of any Net Cash Proceeds generated from Junior Capital raised after June 30, 2021) shall be applied to the repayment of the Obligations in accordance with the Asset Sales Waterfall.

• Except to the extent that a Holder of an Allowed First Lien Loan Claim agrees to less favorable treatment, on the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Allowed First Lien Loan Claim, each Holder of an Allowed First Lien Loan Claim shall receive such holder’s pro rata share of (i) the First Lien Loan Claims Paydown Amount; and (ii) the Exit Facility.

• If, prior to such Affiliated Disqualified Policy Sale, the Outstanding Principal Amount shall have been repaid by an amount equal to the Required Pro Rata Current Basis Paydown Amount for such Policy, including pursuant to clauses (g), (h), (i), (j) or (m) of Section 2.9 of the Note Purchase Agreement or clause (b) of Section 5.24, of the Note Purchase Agreement then the proceeds of such sale shall remain on deposit in the Collection Account for the payment of the Senior Amounts.

More Definitions of Paydown Amount

Paydown Amount shall have the meaning provided in Section 2.12(b).

Paydown Amount is defined in Section 2.2(d)(ii).

Paydown Amount shall be the excess, if any, of $2.165 billion over the aggregate principal amount of the Company Debt at the Effective Time (calculated as set forth in the definition of Company Debt).

Paydown Amount means, with respect to any Receivable Interest on any day, an amount equal to the sum of (i) the Capital of such Receivable Interest, plus (ii) the aggregate of accrued and unpaid Yield as of such date for such Receivable Interest.

Paydown Amount. Paydown Condition" and "Reduction Amount" appearing in such Section, and

Paydown Amount. The Escrow Amount less fees payable to the Agents and the Lenders in connection with the First Amendment and any consent pursuant to which the Lenders and the Agents may consent to the Holding Company Reorganization (it being understood that the Lenders have not given such consent as of the date of the First Amendment) and any other costs and expenses incurred by the Borrower in connection with the Credit Agreement and any amendments or consents required in connection with the issuance of the Senior Discount Notes and/or the Holding Company Reorganization; provided that the Paydown Amount shall not be less than $88,500,000. "Senior Discount Note Indenture. The Indenture, to be dated as of March 27, 2001, by and between Emmis Escrow and United States Trust Company of New York, as trustee thereunder, with respect to the Senior Discount Notes, as in effect on March 27, 2001 and as the same may be supplemented, amended or modified from time to time in accordance with the terms hereof (including, without limitation, ss.11.8 to the extent applicable) and thereof."

Paydown Amount has the meaning specified in Section 13.01(b).