Amortization Period Clause Samples
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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. 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. 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 %
Amortization Period. On each Business Day an amount equal to the Series 1994-2 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), from the Series 1994-2 Non-Principal Collection Sub-subaccount to the Series 1994-2 Accrued Interest Sub-subaccount.
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. During the Amortization Period, all Collections on deposit in the Facility Account shall remain on deposit in the Facility Account and shall not be released pursuant to Section 1.6(c). On each Settlement Date occurring during the Amortization Period, the Servicer shall instruct the Agent, or if an Event of Default or the Termination Date has occurred, the Agent shall distribute all Collections on deposit in the Facility Account in the following order of priority: first, at any time the Servicer is not the Seller or an Affiliate thereof, the Servicer may receive any Servicer Fees that are then due and owing; second, to the Agent for the benefit of the Purchaser, the following amounts in the following order: (a) any Discount with respect to any prior Settlement Date due but not paid pursuant to this clause second (or pursuant to a Support Discount Funding made pursuant hereto) on a prior Settlement Date; provided, however, that no such amount of Discount carried forward with respect to a prior Settlement Date shall include any amount of Discount for a prior Settlement Date that was in excess of the Capped Discount for such prior Settlement Date, and (b) Discount for such Settlement Date but not in excess of the Capped Discount for such Settlement Date; third, to the Surety Provider, (a) the Surety Fee due to the Surety Provider on such Settlement Date and (b) any unpaid Surety Fee due on prior Settlement Dates, together with (in the case of any such unpaid Surety Fee) interest thereon at the rate specified in the Premium Letter; fourth, in reduction of the Capital (to zero), fifth, to the Surety Provider, the aggregate amount necessary to reimburse the Surety Provider for prior unreimbursed Support Discount Fundings, together with interest thereon, calculated at the rate set forth in the Insurance and Indemnity Agreement, all as certified by the Surety Provider to the Agent and the Servicer; sixth, to the Surety Provider, the aggregate amount necessary to reimburse the Surety Provider for prior unreimbursed Support Capital Fundings, together with interest thereon, calculated at the rate set forth in the Insurance and Indemnity Agreement, all as certified by the Surety Provider to the Agent and the Servicer; seventh, to the Agent for the benefit of the Purchaser, the following amounts in the following order: (a) any Carryover Interest for any prior Settlement Date and (b) any Discount for such Settlement Date, in each case to the extent not paid pursuant to c...
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. 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, F▇▇▇▇▇▇ Mac will consider structuring a particular Loan as an Interest Only Loan or a Partial Interest Only Loan provided that such Loan meets F▇▇▇▇▇▇ Mac's then-current underwriting and credit requirements
Amortization Period. The period beginning on the Termination Date and ending on the Final Date. Annual Expense Cap: $400,000.
