Scheduled Amortization definition

Scheduled Amortization means, with respect to any Person, the sum, as of any date of determination, of all regularly scheduled amortization payments paid or accrued on such Person's Indebtedness (exclusive of balloon payments).

Scheduled Amortization means, for any period, the sum (calculated without duplication) of all scheduled payments of principal of Indebtedness of the Company and its Restricted Subsidiaries (excluding, for the avoidance of doubt, any balloon, bullet or similar principal payment which repays or refinances such Indebtedness in full, and other than any Indebtedness under the Credit Agreement) made during such period; provided that any reduction in amortization as a result of optional prepayments shall be disregarded for purposes of calculating Fixed Charges (excluding, for the avoidance of doubt, any optional prepayment of any balloon, bullet or similar principal payment which repays or refinances Indebtedness of the Company and its Restricted Subsidiaries in full).

Scheduled Amortization means, for any period, the sum (calculated without duplication) of all payments of principal of Indebtedness of the Company (other than Indebtedness hereunder) scheduled to be made during such period.

Examples of Scheduled Amortization in a sentence

• The Scheduled Amortization Payments shall be paid on November 9, 2005 and on each subsequent Payment Date thereafter.

• The Notes shall be subject to redemption by the Issuer, at its option, in accordance with the terms specified in Article 14 of the Base Indenture, on any Payment Date on or after the third Payment Date immediately preceding the Scheduled Amortization Period Commencement Date.

• Amount of Amortization, if any, ahead of (or behind) Scheduled Amortization (No. (1) - (2), or (2) - (1) ) for each Class of Timber Notes Class A-1 Timber Notes $0.00 $0.00 Class A-2 Timber Notes $0.00 $0.00 Class A-3 Timber Notes $0.00 $0.00 ---------------------- ---------------------- Total Amount of Amortization, if any, ahead of (or behind) Scheduled Amortization $0.00 N/A ====================== ---------------------- B.

• Application of Payment Account Funds A statement of the payments on the Timber Notes from the Payment Account and the Scheduled Amortization Reserve Account on the Monthly Deposit Date to which this Certificate relates is set forth in Section "A" of the accompanying Note Payment Noteholder Certificate.

• The Target B Term Facility will be subject to quarterly amortization of one-quarter percent (0.25%) of the original principal amount of the Target B Term Loan Facility (collectively, the “Term B Scheduled Amortization”, and together with the Term A Scheduled Amortization, the “Scheduled Amortization”).

More Definitions of Scheduled Amortization

Scheduled Amortization mean the amount of principal of the Equipment Notes specified for each Payment Date set forth in Annex B to the Indenture.

Scheduled Amortization means, for any period, the sum (calculated without duplication) of all payments of principal of Indebtedness of the Parent and its Subsidiaries (other than Indebtedness hereunder) scheduled to be made during such period.

Scheduled Amortization. Pinnacle Term Loan Facility: The Pinnacle Term Loan Facility will be subject to quarterly amortization of one-quarter percent (0.25%) of the original principal amount of the Pinnacle Term Loan Facility (the “Scheduled Amortization”). Pinnacle Revolving Credit Facility: None.

Scheduled Amortization means, with respect to any Person, the sum, as of any date of determination, of the current portion (I.E., such portion as is scheduled to be paid by the obligor thereof within twelve (12) months from the date of determination) of all regularly scheduled amortization payments due on such Person's long-term fully amortizing mortgage Indebtedness (exclusive of balloon payments).

Scheduled Amortization means, for any period, the sum (calculated without duplication) of all scheduled payments of principal of debt of the Borrower and its Subsidiaries (excluding, for the avoidance of doubt, any balloon, bullet or similar principal payment which repays or refinances such debt in full) made during such period.

Scheduled Amortization means, for any period, the sum (calculated without duplication) of all payments of principal of Indebtedness of the Company (other than Indebtedness hereunder) scheduled to be made during such period. "SECURITY DOCUMENTS" shall mean, collectively, the Company Pledge Agreement, the Canadian Borrower Pledge Agreement, the Subsidiary Pledge Agreement and all Uniform Commercial Code financing statements and similar items required by said agreements to be filed with respect to the security interests in personal property created pursuant thereto.

Scheduled Amortization means, for any period, scheduled repayment of long-term Indebtedness (including scheduled reduction of committed amounts under long-term revolving credit facilities) during such period (taking into account adjustments to scheduled repayments and commitment reductions for such period arising as a consequence of prior unscheduled prepayments or commitment reductions). For purposes of determining Excess Cash Flow or the Debt Service Coverage Ratio for any period, scheduled repayments of the Loans and reductions of the Working Capital Commitments which are not scheduled for a date which is the last day of a fiscal quarter of the Borrower shall be deemed to have been scheduled to occur on the last day of the fiscal quarter which is nearest to the actual date of such scheduled repayment or reduction.