Scheduled Amortization Payments definition

Scheduled Amortization Payments means the amount of principal set forth on Schedule V hereto to be paid on each Payment Date.
Scheduled Amortization Payments means, for any period, all scheduled payments of principal made or required to be made in cash by the Parent Guarantor and its Subsidiaries during such period, determined on a Consolidated basis in accordance with GAAP.
Scheduled Amortization Payments means (i) on the October 2011 Payment Date, Buyer's Pro Rata Share of $35,000,000 reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date, (ii) on the January 2012 Payment Date, Buyer's Pro Rata Share of $18,602,498.56, increased by the Senior Loan Cure Amortization, if any, with respect to such Payment Date, and reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date to the extent not previously applied as a reduction, (iii) on the April 2012 Payment Date, Buyer's Pro Rata Share of $18,602,498.56, increased by the Senior Loan Cure Amortization, if any, with respect to such Payment Date, and reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date to the extent not previously applied as a reduction, (iv) on the July 2012 Payment Date, Buyer's Pro Rata Share of $18,602,498.56, increased by the Senior Loan Cure Amortization, if any, with respect to such Payment Date, and reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date to the extent not previously applied as a reduction, (v) on the October 2012 Payment Date, Buyer's Pro Rata Share of $18,602,498.56, increased by the Senior Loan Cure Amortization, if any, with respect to such Payment Date, and reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date to the extent not previously applied as a reduction, (vi) on the January 2013 Payment Date, Buyer's Pro Rata Share of $18,602,498.56, increased by the Senior Loan Cure Amortization, if any, with respect to such Payment Date, and reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date to the extent not previously applied as a reduction, and (vii) on the April 2013 Payment Date, Buyer's Pro Rata Share of $18,602,498.53, increased by the Senior Loan Cure Amortization, if any, with respect to such Payment Date, and reduced by any Prepayment Amounts paid by Seller or any Guarantor since the Restatement Date to the extent not previously applied as a reduction.

Examples of Scheduled Amortization Payments in a sentence

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

  • The Scheduled Amortization Payments shall be paid on June 9, 2003 and on each subsequent Payment Date thereafter.

  • Scheduled Amortization Payments The Term Loan Facility amortizes in equal quarterly installments at a rate per annum equal to, initially, 5% of the principal amount and, for any installment payments to be made in the calendar year ending 2027, 7.5% of the principal amount, with the balance payable on the Maturity Date.

  • Results and discussionIn this section, the obtained results after running the experi- ments are discussed.

  • The following Section 8.5 is hereby added to the Loan Agreement: Section 8.5 Scheduled Amortization Payments.

  • Each Scheduled Amortization Payment shall be that amount of principal which will result in equal (as nearly as possible) aggregate Scheduled Amortization Payments over the Scheduled Amortization Period.

  • Commencing on the date which is three (3) months after the Termination Date and continuing on each three (3) month anniversary thereafter or until the Loan is paid in full (the "Scheduled Amortization Dates"), Borrower shall make twelve (12) amortization payments of the outstanding principal balance of the Loan (the "Scheduled Amortization Payments"), each such payment to be in an amount equal to the outstanding principal balance of the Loan on the Termination Date multiplied by .0067.

  • Any prepayments of the Term Loan, pursuant to Section 2.6(c) or otherwise, unless otherwise specifically provided for with respect to such prepayments, shall be applied to reduce all remaining Scheduled Amortization Payments on a pro rata basis; provided, however, that prepayments pursuant to Section 2.6(c)(v) shall be applied to reduce the principal balance of the Term Loan owing on the Maturity Date.

  • Monthly installments of interest only, in arrears, together with the Monthly Scheduled Amortization Payments shall be paid on each Payment Date commencing on August 8, 2003 and on each subsequent Payment Date thereafter up to and including the Maturity Date.

  • Monthly installments of interest only, in arrears, together with the Monthly Scheduled Amortization Payments, shall be paid on each Payment Date commencing on September 10, 2001 and on each subsequent Payment Date thereafter up to and including the Maturity Date.


More Definitions of Scheduled Amortization Payments

Scheduled Amortization Payments means, for a given period, the sum of all scheduled payments of principal on Funded Indebtedness for the Consolidated Parties for the applicable period ending on such date (including the principal component of payments due on Capital Leases during the applicable period); it being understood that Scheduled Amortization Payments shall not include any one-time “bullet”, “lump sum” or “balloon” payments due in respect of Funded Indebtedness.
Scheduled Amortization Payments means with respect to each Payment Date on and after the Amortization Date, the amount set forth on Schedule V attached hereto and made a part hereof. In the event of any partial prepayment of the principal amount of the Loan in accordance with the terms hereof (excluding payments of principal which are components of Scheduled Amortization Payments), each Scheduled Amortization Payment applicable to each Payment Date following such partial prepayment shall be reduced to an amount equal to the product of (1) the original Scheduled Amortization Payment set forth on Schedule V for such Payment Date and (2) a fraction, the numerator of which is the outstanding principal amount of the Loan following such partial prepayment, and the denominator of which is $185,000,000. Following any such partial prepayment and recalculation of the Scheduled Amortization Payments, Administrative Agent shall provide Borrower with a schedule of the Scheduled Amortization Payments calculated in accordance herewith.
Scheduled Amortization Payments means, for a given period, the sum of (a) all scheduled payments of principal on Funded Indebtedness for the Consolidated Parties for the applicable period ending on such date (including the principal component of payments due on Capital Leases during the applicable period), plus (b) an amount equal to the aggregate of all scheduled payments of principal on Funded Indebtedness for each Non-Wholly-Owned Subsidiary for the applicable period (including the principal component of payments due on Capital Leases during the applicable period) multiplied by the proportional interest thereof owned by each such entity; it being understood that Scheduled Amortization Payments shall not include any one-time "bullet", "lump sum" or "balloon" payments due in respect of Funded Indebtedness.
Scheduled Amortization Payments has the meaning assigned to such term in Section 2.9.
Scheduled Amortization Payments has the meaning given such term in Section 2.2(a) of this Agreement.

Related to Scheduled Amortization Payments

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

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

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Scheduled Principal Payment Amount means, for any Payment Date, an amount equal to the excess of (a) the Note Principal Amount on such Payment Date over (b) the Scheduled Note Principal Amount for such Payment Date.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Scheduled Payments means, as to each Insured Distribution Date, payments which are required to be made to Holders in accordance with the original terms of the Obligations when issued and without regard to any subsequent amendment or modification of the Obligations or of the Indenture except amendments or modifications to which Financial Security has given its prior written consent, which payments are (i) the Noteholders' Interest Distributable Amount with respect to the related Distribution Date, (ii) the Noteholders' Remaining Parity Deficit Amount with respect to the related Distribution Date and (iii) with respect to the Final Scheduled Distribution Date for any class of Obligations, the outstanding principal amount of such class on such Final Scheduled Distribution Date, after taking into account reductions on such Date of such outstanding principal amount from all sources other than this Policy. Scheduled Payments do not include payments which become due on an accelerated basis as a result of (a) a default by the Obligor, (b) an election by the Obligor to pay principal on an accelerated basis, (c) the occurrence of an Event of Default under the Indenture or (d) any other cause, unless Financial Security elects, in its sole discretion, to pay in whole or in part such principal due upon acceleration, together with any accrued interest to the date of acceleration. In the event Financial Security does not so elect, this Policy will continue to guarantee payment on the Obligations in accordance with their original terms. Scheduled Payments shall not include (x) any portion of a Noteholders' Interest Distributable Amount due to Holders because the appropriate notice and certificate for payment in proper form as required by paragraph 2 hereof was not timely Received by Financial Security, (y) any portion of a Noteholders' Interest Distributable Amount due to Holders representing interest on any Noteholders' Interest Carryover Amount accrued from and including the date of payment of the amount of such Noteholders' Interest Carryover Amount pursuant hereto or (z) any Note Prepayment Amounts, unless Financial Security elects, in its sole discretion, to pay such amount in whole or in part. Scheduled Payments shall not include any amounts due in respect of the Obligations attributable to any increase in interest rate, penalty or other sum payable by the Obligor by reason of any default or event of default in respect of the Obligations, or by reason of any deterioration of the credit worthiness of the Obligor, nor shall Scheduled Payments include, nor shall coverage be provided under this Policy in respect of, any taxes, withholding or other charge with respect to any Holder imposed by any governmental authority due in connection with the payment of any Scheduled Payment to a Holder.

  • Scheduled Principal Payments means, with respect to any Series or any Class of any Series of Notes, any payments scheduled to be made pursuant to the applicable Series Supplement that reduce the amount of principal Outstanding with respect to such Series or Class on a periodic basis that are identified as “Scheduled Principal Payments” in the applicable Series Supplement.

  • 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.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • 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.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Unscheduled Payments means (a) all Loss Proceeds that Borrower has elected or is required to apply to the repayment of the Debt pursuant to this Security Instrument, the Note or any other Loan Documents, (b) any funds representing a voluntary or involuntary principal prepayment other than scheduled Principal Payments and (c) any Net Proceeds.

  • Unscheduled Principal Distribution Amount With respect to any Distribution Date, an amount equal to the aggregate of: (a) all Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans and, to the extent of the Trust’s interest therein, any REO Properties during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise, that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • REO Principal Amortization With respect to any REO Property, for any calendar month, the excess, if any, of (a) the aggregate of all amounts received in respect of such REO Property during such calendar month, whether in the form of rental income, sale proceeds (including, without limitation, that portion of the Termination Price paid in connection with a purchase of all of the Mortgage Loans and REO Properties pursuant to Section 9.01 that is allocable to such REO Property) or otherwise, net of any portion of such amounts (i) payable pursuant to Section 3.23(c) in respect of the proper operation, management and maintenance of such REO Property or (ii) payable or reimbursable to the Servicer pursuant to Section 3.23(d) for unpaid Servicing Fees in respect of the related Mortgage Loan and unreimbursed Servicing Advances and P&I Advances in respect of such REO Property or the related Mortgage Loan, over (b) the REO Imputed Interest in respect of such REO Property for such calendar month.

  • Scheduled Principal Payment Date means April 15, 2008.

  • Scheduled Principal Distribution Amount With respect to each Distribution Date, an amount equal to the aggregate of the principal portions of:

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.