Common use of Amortization Schedule Clause in Contracts

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh (11th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth (60th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment shall be equal to 2% of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh ninth (11th9th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth forty-sixth (60th46th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-38th (1/38) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh fifteenth (11th15th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth forty-ninth (60th49th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-thirty-fifth (1/35) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh (11th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth thirtieth (60th30th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-twentieth (1/20th) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 February 1 and October 15August 1, the first installment to be payable on the eleventh first (11th1st) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth fiftieth (60th50th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% two percent (2.00%) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April May 15 and October November 15, the first installment to be payable on the eleventh (11th11 th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth fifty-second (60th52nd) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-forty-two (1/42) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 February 1 and October 15August 1, the first installment to be payable on the eleventh (11th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth thirtieth (60th30th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% five percent (5%) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 1 contract

Samples: Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh twelfth (11th12th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth fortieth (60th40th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one/twenty-nine (1/29) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 1 contract

Samples: Loan Agreement

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Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April March 15 and October September 15, the first installment to be payable on the eleventh thirteenth - (11th13th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth forty-eighth - (60th48th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one thirty- sixth (1/36) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 1 contract

Samples: Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh (11thninth-(9th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth twentieth second- (60th22nd) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-fourteenth (1/14) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 1 contract

Samples: Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April 15 and October 15, the first installment to be payable on the eleventh (11thninth-(9th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth (60thtwentieth second-(22nd) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-fourteenth (1/14) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 1 contract

Samples: Loan Agreement

Amortization Schedule. 1. Subject to the provisions of paragraph 2 of this Schedule, the Borrower shall repay each Disbursed Amount in semiannual installments payable on each April February 15 and October August 15, the first installment to be payable on the eleventh (11th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount and the last installment to be payable on the sixtieth forty-seventh (60th47th) Interest Payment Date following the Maturity Fixing Date for the Disbursed Amount. Each installment except for the last one shall be equal to 2% one-thirty seventh (1/37th) of the Disbursed Amount. The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

Appears in 1 contract

Samples: Loan Agreement

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