Amortization Percentage definition

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.

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Amortization Percentage means (a) at any time after the last day of the Reinvestment Period and prior to December 5, 2027, 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%.

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.

Examples of Amortization Percentage in a sentence

The amount of Notes to be redeemed on a particular Amortization Date shall be equal to the product of (x) the applicable Amortization Percentage on the applicable Amortization Date set forth in the table below times (y) the principal amount of Notes issued on the Original Issue Date.
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.
The amount of Notes to be redeemed on a particular MCS Amortization Redemption Date (such amount, the “MCS Amount”) shall be equal to the product of (x) the applicable MCS Amortization Percentage on the applicable MCS Amortization Redemption Date set forth in the table below times (y) the principal amount of Notes issued on the Original Issue Date.
Each Term Loan of each Term Lender shall mature in 20 consecutive quarterly installments, each of which shall be in an amount equal to the product of such Lender’s Term Percentage, as applicable, multiplied by (i) the Amortization Percentage set forth below opposite such installment and (ii) the initial principal amount of the Term Loans borrowed on the Fifth Amendment and Restatement Effective Date and Delayed Draw Borrowing Date.
The July 2017 Incremental Term Loans shall be subject to the Applicable Amortization Percentage set forth in the Credit Agreement (as amended hereby) with the remaining outstanding principal amount due and payable in full on the Term Loan Maturity Date for the Initial Term Loans.

More Definitions of Amortization Percentage

Amortization Percentage means 1.25%.

Amortization Percentage means 0.25%.

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 7 to this Indenture.

Amortization Percentage means 1.25% from June 30, 2015 to June 30, 2016 and 2.5% thereafter.

Amortization Percentage means 0.25%; provided, however, that in the event that the Borrower incurs any Term Facility or other term Indebtedness (collectively, any “Other Term Facility”) after the date hereof that requires amortization payments (excluding any excess cash flow payments) in excess of 1.0% of the initial principal amount thereof in any year prior to the scheduled Maturity Date of the Incremental Term Facility governed hereby, in any year in which such Other Term Facility requires amortization payments (excluding any excess cash flow payments) in excess of 1.0% of the initial principal amount of the Other Term Facility, the Amortization Percentage shall be increased to an amount equal to the percentage of such initial principal amount required in such year by the terms of such Other Term Facility divided by four.

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 has the meaning ascribed to it in clause (i) of the definition of Borrowing Base.”