Examples of Amortization Commencement Date in a sentence
Beginning on the Amortization Commencement Date, interest, if any, on the Loan shall be payable in the amounts and on the Loan Payment Dates set forth in the Schedule of Payments.
The Borrower shall pay interest, if any, on the unpaid balance of the advance at the Loan Rate payable on each Loan Payment Date before the Amortization Commencement Date.
The Borrower shall pay interest on the unpaid balance of disbursements at the Loan Rate payable on each Loan Payment Date before the Amortization Commencement Date.
Principal payments shall be made in the amounts and on the Loan Payment Dates established by the Schedule of Payments, which Schedule of Payments shall provide for approximately level debt service payments over the repayment term set forth in the Schedule of Payments, commencing on the Amortization Commencement Date.