Amortization definition

Amortization means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, which may be over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized.

Amortization means for any period the sum of all amortization expenses of the Borrower and its Consolidated Subsidiaries for such period, as determined in accordance with GAAP.

Amortization means the gradual ex- tinguishment of an amount in an ac- count by distributing such amount over a fixed period dependent on the re- quirements of regulatory bodies, over the life of the asset or liability to which it applies, or over the period dur- ing which it is anticipated the benefit will be realized.

Examples of Amortization in a sentence

• The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.

• If, any time after the Issuance Date set forth above, and from time to time thereafter, an Amortization Event has occurred, then the Company shall make monthly payments beginning on the 7th Trading Day after the Amortization Event Date and continuing on the same day of each successive Calendar Month until the entire outstanding principal amount shall have been repaid.

• Each monthly payment shall be in an amount equal to the sum of (i) $1,000,000 of Principal in the aggregate among this Note and all Other Notes (or the outstanding Principal if less than such amount) (the “Amortization Principal Amount”), plus (ii) the Payment Premium (as defined below) in respect of such Amortization Principal Amount, and (iii) accrued and unpaid interest hereunder, if any, as of each payment date.

• The Term Loan shall be repaid by Borrower on the dates specified on Exhibit B-4 of this Agreement (each a “Scheduled Repayment Date”) by the amount set out opposite each Scheduled Repayment Date (each a “Scheduled Repayment Amount”) and in accordance with the Term Loan Amortization Schedule.

• The Revenue Requirement Component shall be the sum of National Grid’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.

More Definitions of Amortization

Amortization means the gradual ex- tinguishment of an amount in an ac- count by distributing such amount over a fixed period, over the life of the asset or liability to which it applies, or over the period during which it is an- ticipated the benefit will be realized.

Amortization means amortization as determined in accordance with GAAP.

Amortization means the systematic spreading of expenditures or capital costs incurred for DSM programs, through regular accounting entries over a specified period of time.

Amortization means repayment of the loan and interest thereon by way of EMIs or in any other manner determined by the Lender and includes repayment of other dues, charges etc. under this Agreement. The mode of amortization is more specifically described and set out in the Schedule – A.

Amortization means to record a portion of any purchase discount or purchase premium in each reporting period over the life of a security, or it means the amount so recorded.

Amortization. The method of allocating the cost of an intangible asset over time for purposes of offsetting (deducting) such cost from revenues the asset helps to produce.

Amortization means, for any period, amortization expense of the Consolidated Companies determined on a consolidated basis in accordance with GAAP.