Amortization Percentage. For each calendar month following the Closing Date, the percentage set forth on Schedule VI to this Sale Supplement for such calendar month.
Amortization Percentage means 1.25%.
Amortization Percentage means (a) at any time after the last day of the Reinvestment Period and prior to March 7, 2026, if the Effective Obligor Number at such time is greater than or equal to 8, 50%, and otherwise, 60%, and (b) any time thereafter and prior to the Maturity Date, if the Effective Obligor Number at such time is greater than or equal to 8, 75%, and otherwise, 80%.
Examples of Amortization Percentage in a sentence
If, as of any Determination Date, the Scheduled Amortization Percentage is greater than 0%, the Borrower shall be obligated to, and shall, make repayments of outstanding Loans on the immediately succeeding Payment Date following such Determination Date, in accordance with the Priority of Payments, in an amount equal to the amount allocated under clause seventh of the Priority of Payments.
More Definitions of Amortization Percentage
Amortization Percentage means (x) for each of the first eight Quarterly Payment Dates, 1.25% and (y) for each subsequent Quarterly Payment Date, 2.50% until the fifth anniversary of the Closing Date. 2
Amortization Percentage means, with respect to the Notes on any Payment Date occurring on or after the Initial Amortization Date, the percentage set forth directly opposite such Payment Date on Schedule 6 to this Indenture.
Amortization Percentage means a percentage per annum equal to (a) until delivery of the Compliance Certificate pursuant to Section 5.01(h) for the fourth full Fiscal Quarter ending after the Effective Date, 10.00% per annum and (b) thereafter, the following percentages per annum, based upon Consolidated EBITDA as specified in the most recent Compliance Certificate delivered pursuant to Section 5.01(h): Level Consolidated EBITDA Amortization Percentage Level I Less than $80,000,000 10.00% Level II Equal to or greater than $80,000,000 5.00% Each change in the Amortization Percentage shall be effective on and after the date of delivery to the Administrative Agent of financial statements pursuant to Section 5.01(a) or Section 5.01(b) and a Compliance Certificate pursuant to Section 5.01(h) evidencing the related change in Consolidated EBITDA. The Amortization Percentage shall be determined as if Level I was applicable at any time if an Event of Default has occurred and is continuing. Within three (3) Business Days of receipt of the applicable information under Section 5.01(h), the Administrative Agent shall notify the Lenders of the Amortization Percentage in effect from such date. In the event that any financial statement or certificate delivered pursuant to Section 5.01 is shown to be inaccurate at a time when this Agreement is in effect and unpaid Obligations under this Agreement are outstanding (other than indemnities and other contingent obligations not yet due and payable), and such inaccuracy, if corrected, would have led to the application of a higher Amortization Percentage for any period (an “Applicable Amortization Period”) than the Amortization Percentage actually applied for such Applicable Amortization Period, then (i) the Borrower shall promptly deliver to the Administrative Agent a correct certificate required by Section 5.01(h) for such Applicable Amortization Period and (ii) (A) the Amortization Percentage shall be deemed to be such higher Amortization Percentage and (B) the Borrower shall promptly pay to the Administrative Agent the accrued additional principal amounts owing as a result of such increased Amortization Percentage for such Applicable Amortization Period. Nothing in this paragraph shall limit the right of the Administrative Agent or any Lender under Section 2.07 or Article VII.
Amortization Percentage means (x) for each of the first eight Quarterly Payment Dates, 1.25% and (y) for each subsequent Quarterly Payment Date, 2.50% until the fifth anniversary of the Closing Date.
Amortization Percentage has the meaning ascribed to it in clause (i) of the definition of Borrowing Base.”
Amortization Percentage means, with respect to the Distribution Date occurring during each of the months set forth in the table in Exhibit F to this Agreement, the percentage set forth opposite such month in such table. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]
Amortization Percentage means 1.25% from June 30, 2015 to June 30, 2016 and 2.5% thereafter.