Amortising Note definition

Amortising Note means a Fixed Rate Note (as defined below) that pays a level amount in respect of both interest and principal amortised over the life of the Note.
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Amortising Note means a Note (whether a Fixed Rate Note, Floating Rate Note, Index-linked Note or a Zero Coupon Note) the Principal Amount or part of the Principal Amount of which is repayable on the scheduled Amortisation Dates for that Note.
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Examples of Amortising Note in a sentence

  • Types of Grants/FundingAmeriCorps planning grants will only be awarded on a cost reimbursement basis.

  • This Note may be an Inflation Linked Note or an Inflation Linked Amortising Note depending on the Redemption/Payment Basis shown in the applicable Final Terms.

  • Amortising Note Payable continued Under the terms of the Amortising Note Payable, in the possible event of a decrease in the Company’s profit from operations or cash flow from operations at each interim or annual period as compared to the prior period, the interest rate shall immediately be adjusted from 12.75 per cent per annum to 13.50 per cent per annum from the date of publication of the applicable period report and through the maturity date of the Amortising Note Payable.

  • A Long Maturity Note is a Fixed Rate Note (other than a Fixed Rate Note which on issue had a Talon attached, Inflation Linked Notes or an Inflation Linked Amortising Note) whose nominal amount on issue is less than the aggregate interest payable thereon provided that such Note shall cease to be a Long Maturity Note on the Interest Payment Date on which the aggregate amount of interest remaining to be paid after that date is less than the nominal amount of such Note.

  • Each Inflation Linked Amortising Note bears interest from (and including) the Interest Commencement Date at the rate per annum equal to the Rate of Interest payable in arrear on the Interest Payment Date(s) in each year up to (and including) the Maturity Date.

  • Although this work specifically considered culture in designing an educational game, the work still focused on a specific group and, therefore, is not cross-­cultural.

  • Please see note 6 for information on the Amortising Note Payable.

  • The Group holds an Amortising Note Payable with HKN with a principal balance of $9.0 million, less capitalised arrangement fees, as at 30 June 2014.

  • As of 30 June 2014, the outstanding principal balance of the Amortising Note Payable was $9.0 million and is reported as a short-term loan payable in the condensed consolidated statement of financial position.

  • Such amount shall be allocated pro-rata to such Amortising Note in the proportionwhich the Outstanding Principal Amount of such Amortising Note bears to the aggregate Outstanding Principal Amount of all of the Amortising Notes in that Class of Notes, rounded to the nearest Rand, provided always that no such amount may exceed the Outstanding Principal Amount of such Amortising Note.

Related to Amortising Note

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Term A Note means a promissory note made by the Borrower in favor of a Term A Lender evidencing Term A Loans made by such Term A Lender, substantially in the form of Exhibit C-1.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • RMB Note means a Note denominated in Renminbi.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Repayment Dates means, subject to clause 7.3, each of the dates falling at six (6) monthly intervals after the Drawdown Date up to and including the date falling one hundred and forty four (144) months after the Drawdown Date;

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Amortization Schedule means, with respect to each Equipment Note, the amortization schedule for such Equipment Note delivered pursuant to Section 2.02 of the Trust Indenture.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Term Notes means, collectively, the Term A Notes and the Term B Notes.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.