Scheduled Installments definition

Scheduled Installments has the meaning ascribed to it in Section 1.1(a).
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Scheduled Installments means the Initial Term Loan Scheduled Installments and the New Term Loan Scheduled Installments as applicable.
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Scheduled Installments shall have the meaning set forth in subsection 1.1(C) (5).
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Examples of Scheduled Installments in a sentence

  • Incremental Term Loans and the Scheduled Installments of Principal Thereof.

  • Borrower shall repay the Term Loan through periodic payments on the dates and in the amounts indicated below ("Scheduled Installments").

  • A Term Loans and Tranche B Term Loans and the Scheduled Installments -------------------------------------------------------------------- of Principal Thereof.

  • Tranche B Term Loans and Tranche D Term Loans and the Scheduled Installments of Principal Thereof.

  • Borrower shall repay the Term Loans through periodic payments on the dates and in the amounts indicated below ("Scheduled Installments").

  • Borrower hereby authorizes Lenders to make Revolving Credit Advances or Swing Line Advances, on the basis of their Pro Rata Shares, for the payment of Scheduled Installments, interest, Fees and expenses, Letter of Credit reimbursement obligations and any amounts required to be deposited with respect to outstanding Letter of Credit Obligations pursuant to Sections 1.5(e) or 6.3.

  • A Term Loans, Tranche B Term Loans and Tranche C Term Loans and the Scheduled Installments of Principal Thereof.

  • Any partial prepayments of a Term Loan of any Borrower shall be applied pro rata against all remaining Scheduled Installments until prepaid in full.

  • Prepayments of the Term Loan under this Section 1.5(a) shall be applied (i) first, pro rata to Scheduled Installments of the Term Loan due within the next succeeding twelve month period until paid in full and (ii) second, pro rata to the remaining Scheduled Installments of the Term Loan (or as otherwise may be agreed by Requisite Lenders).

  • Borrowers shall repay the Term Loan through periodic payments on the dates and in the amounts indicated below ("Scheduled Installments").


More Definitions of Scheduled Installments

Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an "Installment") in the aggregate amounts set forth below on the last day of each Fiscal Quarter (each, an "Installment Date"), commencing March 15, 2003: ================================================================================ Fiscal Quarter Term Loan Installments March 15, 2003 ......................... $425,000 June 15, 2003 .......................... $425,000 September 15, 2003 ..................... $425,000 December 15, 2003 ...................... $425,000 March 15, 2004 ......................... $425,000 June 15, 2004 .......................... $425,000 September 15, 2004 ..................... $425,000 ================================================================================ ================================================================================ Fiscal Quarter Term Loan Installments December 15, 2004 ...................... $ 425,000 March 15, 2005 ......................... $ 425,000 June 15, 2005 .......................... $ 425,000 September 15, 2005 ..................... $ 425,000 December 15, 2005 ...................... $ 425,000 March 15, 2006 ......................... $ 425,000 June 15, 2006 .......................... $ 425,000 September 15, 2006 ..................... $41,012,500 December 15, 2006 ...................... $41,012,500 March 15, 2007 ......................... $41,012,500 June 15, 2007 .......................... $41,012,500 ================================================================================ Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.
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Scheduled Installments means the Term Loan A Scheduled Installments and the Term Loan B Scheduled Installments.
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Scheduled Installments means, (1) as to Term Note A, consecutive, equal, quarterly principal installments of Five Hundred Thousand Dollars ($500,000) each due and payable on the first day of the fourth month following the Closing Date, commencing on August 1, 1997, and continuing on the first day of each quarter thereafter occurring prior to the Termination Date, and (2) as to Term Loan B, consecutive, equal quarterly installments during the third, fourth and fifth Loan Years, with the aggregate of such quarterly installments in the third Loan Year being Two Million Dollars ($2,000,000), in the fourth Loan Year being Three Million Dollars ($3,000,000) and in the fifth Loan Year being Four Million Dollars ($4,000,000), with each such quarterly installment being due and payable on the first day of May, August, November and February during such Loan Year, and (3) as to each Term Loan, a final principal installment, equal in amount to the then entire unpaid principal balance of the respective Term Loan (the "BALLOON PAYMENT"), which shall be due and payable on the Termination Date.
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Scheduled Installments shall have the meaning provided in Section 2.2(a). "Section 2.4(b)(ii) Certificate" shall have the meaning provided in Section 2.4(b).
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Scheduled Installments means, collectively, the Scheduled Installments A and Scheduled Installments B.
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Related to Scheduled Installments

  • Prepaid Installment With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.

  • 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.

  • Scheduled Principal The principal portion of any Scheduled Payment.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.

  • Scheduled Principal Payment Date means April 15, 2008.

  • 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.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Scheduled Principal Payment means the scheduled payment of principal due on the Mortgage Loan on a Monthly Payment Date.

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

  • 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.

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • Scheduled Principal Amount The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses Iy(i) and Iy(iv) of the definition of Class A Non-PO Optimal Principal Amount, but without such amount being multiplied by the Class A Percentage.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Scheduled Payment The scheduled monthly payment on a Mortgage Loan due on any Due Date allocable to principal and/or interest on such Mortgage Loan which, unless otherwise specified herein, shall give effect to any related Debt Service Reduction and any Deficient Valuation that affects the amount of the monthly payment due on such Mortgage Loan.

  • Scheduled Principal Balance With respect to any Mortgage Loan: (a) as of the Cut-off Date, the outstanding principal balance of such Mortgage Loan as of such date, net of the principal portion of all unpaid Monthly Payments, if any, due on or before such date; (b) as of any Due Date subsequent to the Cut-off Date up to and including the Due Date in the calendar month in which a Liquidation Event occurs with respect to such Mortgage Loan, the Scheduled Principal Balance of such Mortgage Loan as of the Cut-off Date, minus the sum of (i) the principal portion of each Monthly Payment due on or before such Due Date but subsequent to the Cut-off Date, whether or not received, (ii) all Principal Prepayments received before such Due Date but after the Cut-off Date, (iii) the principal portion of all Liquidation Proceeds and Insurance Proceeds received before such Due Date but after the Cut-off Date, net of any portion thereof that represents principal due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) on a Due Date occurring on or before the date on which such proceeds were received and (iv) any Realized Loss incurred with respect thereto as a result of a Deficient Valuation occurring before such Due Date, but only to the extent such Realized Loss represents a reduction in the portion of principal of such Mortgage Loan not yet due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) as of the date of such Deficient Valuation; and (c) as of any Due Date subsequent to the occurrence of a Liquidation Event with respect to such Mortgage Loan, zero. With respect to any REO Property: (a) as of any Due Date subsequent to the date of its acquisition on behalf of the Trust Fund up to and including the Due Date in the calendar month in which a Liquidation Event occurs with respect to such REO Property, an amount (not less than zero) equal to the Scheduled Principal Balance of the related Mortgage Loan as of the Due Date in the calendar month in which such REO Property was acquired, minus the aggregate amount of REO Principal Amortization, if any, in respect of such REO Property for all previously ended calendar months; and (b) as of any Due Date subsequent to the occurrence of a Liquidation Event with respect to such REO Property, zero.

  • 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.

  • Repayment Dates means, subject to clause 7.3, each of the dates falling at six (6) monthly intervals after the Drawdown Date up to and including the date falling one hundred and forty four (144) months after the Drawdown Date;

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Unscheduled Principal With respect to each Payment Date, the sum of:

  • Unscheduled Principal Amount The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses Iy(ii) and Iy(iii) of the definition of Class A Non-PO Optimal Principal Amount, but without such amount being multiplied by the Class A Prepayment Percentage.

  • Scheduled Balance Not applicable.

  • Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.

  • 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.

  • Installment Date as defined in Section 2.12.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.