Amortization Payment shall have the meaning set forth in Section 2(d).
Amortization Payment. As to any REO Mortgage Loan and any month, the payment of principal and accrued interest due in such month in accordance with the terms of the related Mortgage Note as contemplated by Section 3.08(b).
Amortization Payment means each scheduled installment of payments on the Term Loans as set forth in Sections 3.01(b) and 3.01(c).
Examples of Amortization Payment in a sentence
Each Amortization Payment shall be that amount of principal which will result in equal (as nearly as possible) aggregate Amortization Payments over the Amortization Period.
The principal of the Term Loan shall be paid by the Authority in installments payable on each Amortization Payment Date (each such payment, an “Amortization Payment”), with the final installment in an amount equal to the entire then-outstanding principal amount of the Term Loan to be paid in full on the Amortization End Date (the period commencing on the Conversion Date and ending on the Amortization End Date is herein referred to as the “Amortization Period”).
More Definitions of Amortization Payment
Amortization Payment has the meaning set forth in Section 3.01(b) hereof.
Amortization Payment has the meaning set forth in Section 4.5 hereof.
Amortization Payment means, with respect to any Amortization Date, an amount on such Amortization Date equal to 11.11% of the Stated Principal Amount of this Note.
Amortization Payment has the meaning specified in Section 2.07(a).
Amortization Payment has the meaning ascribed to such term in Section 2.1(d)(ii)(b). “Approval Election” has the meaning ascribed to such term in the Recitals.
Amortization Payment means, (A) with respect to the Amortization Date on June 1, 2020, three million five hundred thousand dollars ($3,500,000), (B) with respect to Amortization Dates after June 1, 2020 up to and including October 1, 2020, five million dollars ($5,000,000) each, (C) with respect to the Amortization Date on November 1, 2020, four million five hundred thousand dollars ($4,500,000) and (D) with respect to Amortization Dates after November 1, 2020 up to and including the Maturity Date, four million dollars ($4,000,000) each; provided, that the Holder and the Company may agree to decrease or increase the size of any Amortization Payment by mutual written consent.
Amortization Payment has the meaning set forth in SECTION 3.01(a)(ii).