Amortization Period Sample Clauses
Amortization Period. All costs paid by Landlord to construct such improvements (including financing costs) shall be amortized over the useful life of such improvement (as reasonably determined by Landlord in accordance with generally accepted accounting principles) with interest on the unamortized balance at the then prevailing market rate Landlord would pay if it borrowed funds to construct such improvements from an institutional lender, and Landlord shall inform Tenant of the monthly amortization payment required to so amortize such costs, and shall also provide Tenant with the information upon which such determination is made.
Amortization Period. 1.2.1 The amortization period is the time it would take to pay the loan in full, with interest at a given interest rate, by instalments of a given frequency and amount. There are four basic factors for the loan: the amount, interest rate, instalment and amortization period. With any three of them, we can work out the fourth. The mortgage uses the following amortization periods:
Amortization Period. See Attachment 1 for incorporation by reference of all other Loan information referred to in this section of the Commitment/Certificate. (Continued on Attachment 1) -------------------------------------------------------------------------------- Initial Premium Description Annual Renewals % See Attachment 1 --------------------------------------------------------------------------------
Amortization Period. [For Fixed Facility Advance only] The principal of this Fixed Facility Advance shall be amortized over a period of 30 years.
Amortization Period. (i) Provided all of the Amortization Period Conditions are satisfied, Seller shall have the option to extend the Repurchase Date for all outstanding Transactions as of the Availability Period Expiration Date for a period equal to the lesser of (x) the date that all Repurchase Obligations have been paid in full and no Purchased Assets remain subject to Transactions and (y) two (2) years (such period, the “Amortization Period”) from the date of the Availability Period Expiration Date (such date, the “Amortization Period Expiration Date”). For purposes of this Article 3(m)(i), the “Amortization Period Conditions” shall be deemed to have been satisfied if: 45 LEGAL_US_E # 160815361.8
(A) Seller shall have given Administrative Agent written notice, not less than sixty (60) days and no more than one hundred twenty (120) days, prior to then-current Availability Period Expiration Date, of Seller’s desire to enter the Amortization Period;
(B) no Margin Deficit that has resulted in a Margin Deficit Notice, or Event of Default under this Agreement shall have occurred and be continuing as of the Availability Period Expiration Date;
(C) the representations and warranties made by Seller, Xxxxxxx and Guarantor in any of the Transaction Documents shall be true and correct in all respects as of the then-current Availability Period Expiration Date, except to the extent that such representations and warranties (a) are made as of a particular date, (b) are no longer true as a result of a change in fact with respect to a Purchased Asset that was consented to in writing by Administrative Agent, on behalf of Xxxxxx, hereunder or (c) are disclosed in a Requested Exceptions Report;
(D) Administrative Agent, on behalf of Buyers, and Seller shall have executed amended Confirmations for the Amortization Period Assets; and
(E) Seller shall have paid to Administrative Agent, on behalf of Xxxxxx, the Amortization Period Fee then due and payable to Buyers.
(ii) During the Amortization Period, Seller shall pay Administrative Agent, on behalf of Buyers, the Amortization Period Fee in accordance with the terms and conditions of the Fee Letter.
(iii) During the Amortization Period, Administrative Agent, on behalf of Buyers, shall not purchase any new Eligible Assets. If Administrative Agent, on behalf of Buyers, and Seller have entered into the Amortization Period in accordance with the terms and conditions of this Article 3(m), then (A) on the Amortization Period Expiration Date, Seller sha...
Amortization Period. The principal of this Lease Financing Loan shall be amortized over a period of: [Check one]: ____ 82 months (Seasoned Lease Financing Loan) ____ 84 months (Advance Funded Lease Finance Loan)
Amortization Period. Each Loan will be amortized on a thirty (30) year basis; provided, however, at the Sponsor's request, Fxxxxxx Mac will consider structuring a particular Loan as an Interest Only Loan or a Partial Interest Only Loan provided that such Loan meets Fxxxxxx Mac's then-current underwriting and credit requirements
Amortization Period. See Attachment 1 for incorporation by reference of all other Loan information referred to in this section of the Commitment/Certificate. (Continued on Attachment 1) --------------------------------------------------------------------------------------------------------------------------------- Initial Premium Description Annual Renewals % See Attachment 1 ---------------------------------------------------------------------------------------------------------------------------------
Amortization Period. On each Business Day an amount equal to the Series 1997-1 Daily Interest Expense for such day shall be transferred by the Trustee, based solely on the information provided to the Trustee by the Master Servicer in the Daily Report (upon which the Trustee may conclusively rely, subject to its obligation to perform the procedures set forth in the Internal Operating Procedures Memorandum), from the Series 1997-1 Non-Principal Collection Sub-subaccount to the Series 1997-1 Accrued Interest Sub-subaccount.
Amortization Period. With respect to any Series, if specified in the related Series Supplement, the Seller can elect to commence the Amortization Period with respect to any such Series earlier than the scheduled commencement date with respect thereto or to extend the commencement of an Amortization Period to a date later than the scheduled commencement date upon satisfaction of the conditions specified in the related Series Supplement.