Scheduled Principal Repayment Sample Clauses

Scheduled Principal Repayment. On the Lease Termination Date, the Lessor shall pay the aggregate unpaid principal amount of all Loans as of such date.
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Scheduled Principal Repayment. On the Lease Termination Date, ----------------------------- the Lessor shall pay the aggregate unpaid principal amount of all Loans as of such date.
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Scheduled Principal Repayment. Section 3.1 of the Subordinated Loan Agreement is hereby deleted in its entirety and substituted with the following: SCHEDULED PRINCIPAL REPAYMENT. Unless the Outstanding Borrowing, or any part thereof, shall have been required to be paid on an earlier date pursuant to the terms hereof, the Borrower shall repay the principal portion of the Outstanding Borrowing in twenty-four (24) consecutive equal monthly installments commencing on September 30, 1999.
Sample 1
Scheduled Principal Repayment. Unless the Outstanding Borrowing, or any part thereof, shall have been required to be paid on an earlier date pursuant to the terms hereof, the Borrower shall repay the principal portion of the Outstanding Borrowing in twenty-four (24) consecutive equal monthly instalments commencing on the last day of the first full month following the first anniversary date of the Closing Date.
Sample 1
Scheduled Principal Repayment. The principal amount of the Loan shall be divided into one or more Parcel Tranches corresponding to the number of Properties then comprising the Leased Property. The Lessor shall make payments on account of each such Parcel Tranche beginning on the first Loan Payment Date which is 24 months after the related Parcel Closing Date. The amount of each such principal payment shall be in accordance with the Parcel Tranche Payment Schedule to be delivered by the Lender to the Lessor and the Lessee on each Parcel Closing Date, as amended by Lender on the related Parcel Completion Date, as necessary. If any such Loan Payment Date is not also the last day of an Interest Period (i.e. with respect to an Interest Period having a duration longer than one month), the Lender shall deposit such funds in the Reinvestment Account and hold such funds for application in reduction of the principal balance of the Loan on the last day of the then-current Interest Period. Pursuant to the Lease, the Lessee is obligated to pay Scheduled Rent in respect of such principal as the same becomes due under this Loan Agreement. The Lender shall apply such amounts as determined in Section 3.1 hereof. Lender shall maintain each Parcel Tranche Payment Schedule, each of which is subject to revision by the parties hereto in the circumstances and according to the guidelines for adjustments to Appendix II of each Parcel Lease Supplement set forth in Section 4.1 of the Lease. Except in connection with an early payment or acceleration of Basic Rent or the Lease Termination Date under the Lease due to (i) an Event of Default under the Lease, (ii) an Acceleration, (iii) the Lessee's exercise of the Purchase Option, (iv) the Lessee's exercise of the Remarketing Option, or (v) the receipt of amounts under the Lease in respect of a Casualty or a Condemnation, the Lessor shall have no option or right, without the prior consent of the Lender, to prepay the Loan whether in whole or in part.
Sample 1
Scheduled Principal Repayment. On each Payment Date occurring ----------------------------- after the EBO Date, the Lessor shall pay to the Agent, for distribution to the Lenders, the Amortization Amount for such Payment Date, which amount shall be applied to reduce the outstanding principal of the Loans. On the Lease Termination Date, the Lessor shall pay the aggregate unpaid principal amount of all Loans as of such date.
Sample 1
Scheduled Principal Repayment. On the nineteenth (19th) Loan Payment Date and on each Loan Payment Date thereafter, the Lessor shall make payments on account of the principal balance of the Loan in the amount of the principal installments set forth in Appendix III attached hereto, provided, however, that if such Loan Payment Date is not also the last day of an Interest Period (i.e. with respect to an Interest Period having a duration longer than one month), the Lender shall deposit such funds in the Reinvestment Account and hold such funds for application in reduction of the principal balance of the Loan on the last day of the then-current Interest Period. Pursuant to the Lease, the Lessee is obligated to pay Scheduled Rent in respect of such principal as the same becomes due under this Loan Agreement. The Lender shall apply such amounts as determined in Section 3.1 hereof. Lender shall maintain Appendix III attached hereto and the schedule of principal installments payable on each Loan Payment Date set forth thereon is subject to revision by the parties hereto in the circumstances and according to the guidelines for adjustments to Appendix III of the Lease set forth in Section 4.1
Sample 1
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Scheduled Principal Repayment. On each Scheduled Payment Date, the Issuer shall pay an amount of principal on the Notes equal to the Original Issuance Amount multiplied by the percentage applicable to such Scheduled Payment Date as set forth in the amortization schedule attached hereto as Exhibit B (such payment, a “Scheduled Principal Repayment”); provided, however, that the Scheduled Principal Repayment cannot be greater than the Note Outstanding Amount as of such Scheduled Payment Date.
Sample 1

Related to Scheduled Principal Repayment

  • Scheduled Principal Payments The Borrower shall make payments of principal to Holder as follows: (i) on the first anniversary of this Note, the sum of $279,500, which represents 10% of original principal amount of this Note, (ii) on the second anniversary of this Note, the sum of $1,118,000, which represents 40% of original principal amount of this Note, and (iii) on May 18, 2010 (the “Maturity Date”), a final payment of the sum of the outstanding principal balance of this Note, including the amount of any PIK Interest, together with accrued and unpaid interest thereon, and all other obligations and indebtedness owing hereunder, if not sooner paid.

  • Principal Repayment Series 2018-C [Insert columns for other Series]

  • Principal Repayments The Borrower may repay outstanding Advances hereunder in part on any Settlement Date or in full at any time; provided that (i) the Borrower shall give not less than one Business Day’s prior written notice (provided that same day written notice shall be permitted if the aggregate outstanding Advances being repaid does not exceed $500,000,000) of any such repayment to the Administrative Agent (with a copy to each Managing Agent) substantially in the form of Exhibit 2.03(h) (each such notice, a “Repayment Notice”), (ii) each such notice shall be irrevocable, (iii) each such notice shall specify the amount of the requested repayment and the proposed date of such repayment (which shall be a Business Day), (iv) any such repayment shall be applied to the outstanding Advances, (v) each such repayment shall be deposited in the Agent Account and (vi) any such repayment must be accompanied by payment of (A) all interest accrued and unpaid on the portion of the outstanding principal balance of the Advances to be repaid through but excluding the date of such repayment and (B) the amounts required to be paid in accordance with Section 2.10, if any. Any such notice of repayment must be received by the Administrative Agent no later than 3:00 p.m. (New York time) on the Business Day immediately preceding the date of the proposed repayment (or no later than 11:00 a.m. (New York time) with respect to any same day repayment); provided further that the foregoing requirements shall not apply to repayment of the outstanding principal amount of Advances as a result of the application of Collections pursuant to Section 2.08.

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Optional Principal Payments 11 2.8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • 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 in the related Purchase and Servicing Agreement, Purchase Agreement or Servicing Agreement, as applicable, 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 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.

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

  • ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE The Original Class A Non-PO Principal Balance is $170,009,500.00.

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

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