Original Amortization Sample Clauses

Original Amortization. Term The number of months in which the loan would be retired if the amortizing principal and interest payment were to be paid each month. Loan Term and Amortization Type Numeric – Integer 360 999 Always >= 60 29 Original Term to Maturity The initial number of months between loan origination and the loan maturity date, as specified on the mortgage note. Loan Term and Amortization Type Numeric – Integer 60 999 Always >0 N/A 30 First Payment Date of Loan The date of the first scheduled mortgage payment to be made by the borrower as specified on the mortgage note. Loan Term and Amortization Type Date 20090914 YYYYMMDD Always “19010101” if unknown N/A 31 Interest Type Indicator Indicates whether the interest rate calculation method is simple or actuarial. Loan Term and Amortization Type Numeric – Integer 2 99 Always See Coding 1= Simple 2 = Actuarial 99 = Unknown
Sample 1Sample 2Sample 3See All (120)
AutoNDA by SimpleDocs
Original Amortization. IHS shall repay the Loans on each date set forth below (each a “Principal Repayment Date”) in the aggregate principal amount set forth opposite such date: 007751-0138-14353-Active.16343568 Date Amount February 28, 2015 $8,750,000 May 31, 2015 $8,750,000 August 31, 2015 $8,750,000 November 30, 2015 $8,750,000 February 29, 2016 $8,750,000 May 31, 2016 $8,750,000 August 31, 2016 $8,750,000 November 30, 2016 $8,750,000 February 28, 2017 $17,500,000 May 31, 2017 $17,500,000 August 31, 2017 $17,500,000 November 30, 2017 $17,500,000 February 28, 2018 $17,500,000 May 31, 2018 $17,500,000 August 31, 2018 $17,500,000 November 30, 2018 $17,500,000 February 28, 2019 $17,500,000 May 31, 2019 $17,500,000 August 31, 2019 $17,500,000 Maturity Date $437,500,000
Sample 1
Original Amortization. Clause (a) of Section 2.10 of the Agreement is amended in its entirety to read as follows:
Sample 1
Original Amortization. IHS shall repay the Term Loans advanced on the Effective Date on each date set forth below (each a “Principal Repayment Date”) in the aggregate principal amount set forth opposite such date: Date Amount February 28, 2011 $ 3,750,000 May 31, 2011 $ 3,750,000 August 31, 2011 $ 3,750,000 November 30, 2011 $ 3,750,000 February 29, 2012 $ 3,750,000 May 31, 2012 $ 3,750,000 August 31, 2012 $ 3,750,000 November 30, 2012 $ 3,750,000 February 28, 2013 $ 7,500,000 May 31, 2013 $ 7,500,000 August 30, 2013 $ 7,500,000 November 29, 2013 $ 7,500,000 February 28, 2014 $ 15,000,000 May 30, 2014 $ 15,000,000 August 29, 2014 $ 15,000,000 November 28, 2014 $ 15,000,000 February 27, 2015 $ 45,000,000 May 29, 2015 $ 45,000,000 August 28, 2015 $ 45,000,000 November 30, 2015 $ 45,000,000 (b) Amortization of Additional Term Loans under Section 2.21. If additional Term Loans are made pursuant to Section 2.21, then the amount of each New Term Advance shall be repaid to the Lenders that made such New Term Advance on the Principal Repayment Dates in the table below which have not elapsed as of the date the New Term Advance is made and the amount due on each such Principal Repayment Date to such Lenders shall equal the product of the applicable New Term Advance multiplied by the percentage set forth in the table below opposite the applicable date: Date Percentage February 28, 2011 1.25% May 31, 2011 1.25% August 31, 2011 1.25% November 30, 2011 1.25% February 29, 2012 1.25% May 31, 2012 1.25% August 31, 2012 1.25% November 30, 2012 1.25% February 28, 2013 2.50% May 31, 2013 2.50% August 30, 2013 2.50% November 29, 2013 2.50% February 28, 2014 5.00% May 30, 2014 5.00% August 29, 2014 5.00% November 28, 2014 5.00% February 27, 2015 15.00% May 29, 2015 15.00% August 28, 2015 15.00% November 30, 2015 15.00%
Sample 1
Original Amortization. IHS shall repay the Loans on each date set forth below (each a "Principal Repayment Date") in the aggregate principal amount set forth opposite such date: Date Amount August 31, 2014 $25,000,000 November 30, 2014 $25,000,000 February 28, 2015 $25,000,000 May 31, 2015 $25,000,000 August 31, 2015 $25,000,000 November 30, 2015 $25,000,000 February 29, 2016 $25,000,000 May 31, 2016 $25,000,000 August 31, 2016 $25,000,000 November 30, 2016 $25,000,000 February 28, 2017 $25,000,000 May 31, 2017 $25,000,000 August 31, 2017 $25,000,000 November 30, 2017 $25,000,000 February 28, 2018 $25,000,000 May 31, 2018 $25,000,000 Maturity Date $300,000,000
Sample 1

Related to Original Amortization

  • Additional Amortization Events If any one of the following events shall occur:

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Negative Amortization To the extent any Mortgage Loan provides for negative amortization, such as a GPM or GPARM Loan, the Servicer must assure that the Unpaid Principal Balance of such Mortgage Loan never exceeds the related Maximum Negative Amortization Amount, and that the related Monthly Payment is recast as provided for in the Mortgage Note such that the balance fully amortizes within the remaining term of such Mortgage Loan.

  • Scheduled Payments As of the Cutoff Date, each Receivable had a first scheduled due date on or prior to the end of the third month immediately following the Cutoff Date.

  • Make-Whole Payments A Make-Whole Payment will be due in connection with the Optional Redemption of the Notes on any date on or after the Earliest Redemption Date but prior to the First Par Redemption Date, as described in Section 8.2, solely to the extent funds are available therefor. Any Make-Whole Payments on a Class of Notes not previously paid will be due and payable on the earlier of the Redemption Date or the applicable Final Maturity Date. In addition, any Make-Whole Payments on a Class of Notes not previously paid will be due and payable on the date the Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a). For the avoidance of doubt, no Make-Whole Payment will be payable in connection with an Optional Redemption of the Notes on or after the First Par Redemption Date.

  • Rapid Amortization Events If any one of the following events occurs during the Managed Amortization Period:

  • Collections Following Amortization On the Amortization Date and on each day thereafter, Servicer shall set aside and hold in trust for the benefit of Agent and the Purchasers, in the Collection Accounts in the manner set forth in Sections 7.1(j) and 8.2, all Collections and/or Deemed Collections received on such day and any additional amount for the payment of any Aggregate Unpaids owed by Seller and not previously paid by Seller in accordance with Section 2.1. On and after the Amortization Date, Servicer shall, at any time upon the request from time to time by (or pursuant to standing instructions from) Agent (i) remit to the Second-Tier Account the amounts set aside pursuant to the preceding sentence (to the extent such amounts are not already on deposit therein) and (ii) apply such amounts at Agent’s direction to reduce the Aggregate Capital and any other Aggregate Unpaids (it being understood and agreed that, in any event, no portion of the RPA Deferred Purchase Price may be paid to Seller on a date on or after the Amortization Date and prior to the Final Payout Date). If there shall be insufficient funds on deposit for Servicer to distribute funds in payment in full of the aforementioned amounts, Servicer shall distribute funds in accordance with the applicable Payment Instructions: first, to the reimbursement of Agent’s and each Purchaser’s costs of collection and enforcement of this Agreement, second, ratably to the payment of all accrued and unpaid fees under any Fee Letter and all accrued and unpaid Purchaser Yield, third, to the payment of Servicer’s reasonable out-of-pocket costs and expenses in connection with servicing, administering and collecting the Receivables, including the Servicing Fee, if Seller, or one of its Affiliates is not then acting as Servicer, fourth, to the ratable reduction of Aggregate Capital to zero, fifth, for the ratable payment of all other unpaid Obligations, provided that to the extent such Obligations relate to the payment of Servicer costs and expenses, including the Servicing Fee, when Seller or one of its Affiliates is acting as Servicer, such costs and expenses will not be paid until after the payment in full of all other Obligations, sixth, to the ratable payment in full of all other Aggregate Unpaids, and seventh, after the Facility Termination Date when the Aggregate Unpaids have been indefeasibly reduced to zero, to Seller as RPA Deferred Purchase Price, any remaining Collections.

  • Prepayment Premiums As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted customary prepayment premiums and yield maintenance charges for commercial mortgage loans.

  • Payment of Premium Increases (a) As used herein, the term "

  • Breakage Costs Without limiting its generality, Clause 21.1 covers any claim, expense, liability or loss, including a loss of a prospective profit, incurred by a Lender:

Time is Money Join Law Insider Premium to draft better contracts faster.