Amortization Payment Date definition

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

Amortization Payment Date means (a) the Initial Amortization Payment Date and the corresponding date in every third month occurring after the Initial Amortization Payment Date occurring thereafter which occurs prior to the Amortization End Date and (b) the Amortization End Date.

Amortization Payment Date means the date that is six (6) months after the Original Issue Date.

Examples of Amortization Payment Date in a sentence

• Beginning on the Amortization Payment Date, the Company shall begin to make bi-weekly amortization payments (for the avoidance of doubt, bi-weekly shall mean every two weeks) (each a “Bi-Weekly Payment”), in cash to the Holder, until this Note is repaid in full.

• Any written election pursuant to this Section 2(b) shall be delivered to the Borrower (with a copy to the Holder Representative) at least three (3) Business Days before the applicable Amortization Payment Date, which shall include the calculation of the Amortization Payment in reasonable detail.

• Each Amortization Payment shall, at the option of the Company, be made in cash or Common Stock or a combination thereof pursuant to the Amortization Conversion Rate; provided, however, that in the event that all of the Equity Conditions are not met on that certain Amortization Payment Date, such payment in cash or Common Stock or some combination thereof shall be at the Holder’s option.

• Each Bi-Weekly Payment shall consist of at least 1/12th of the total outstanding amount under this Note as of the Amortization Payment Date, including the principal, accrued and unpaid interest (prorated through the entire pay-off period pursuant to this paragraph), and any applicable penalties.

• 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 Date

Amortization Payment Date is defined in Section 3.2.

Amortization Payment Date means (a) December 15, 2022 and December 15, 2023 and (b) the Final Maturity Date.

Amortization Payment Date. Reserved.

Amortization Payment Date means dates Amortization Payments are due as set forth on Appendix A hereto.

Amortization Payment Date means (i) the first Business Day of the sixth (6th) calendar month following the Mandatory Prepayment Date and the first Business Day of every sixth (6th) calendar month thereafter prior to the Amortization End Date and (ii) the Amortization End Date..

Amortization Payment Date means, with respect to a Liquidity Advance or Bank Bond, (a) the first Business Day of the twenty-fourth calendar month immediately following the date such Liquidity Advance was made or Bank Bond was purchased and the first Business Day of each third calendar month occurring thereafter prior to the Amortization End Date and (b) the Amortization End Date.

Amortization Payment Date as defined in Section 2.10(a).