Amortization Period definition

Amortization Period means the period beginning on the Termination Date and ending on the Maturity Date.

Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

Amortization Period means a period of 360 full consecutive calendar months.

Examples of Amortization Period in a sentence

• If the District shall amend the Bank Agreement such that it no longer provides for such Shorter Amortization Period or if the Bank Agreement terminates, then, without the consent of the Bank, this Agreement shall automatically be amended so that the Shorter Amortization Period reverts to the Existing Amortization Period in effect immediately prior to the entry into such Bank Agreement.

• 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.

• In the event that the District shall enter into any Bank Agreement which provides that the District shall repay the obligations thereunder that are secured by Revenues over a period of time that is shorter (such shorter amortization period, the “Shorter Amortization Period”) than the amortization period provided herein (the “Existing Amortization Period”), this Agreement shall automatically be deemed amended so that the Existing Amortization Period shall become the Shorter Amortization Period.

• Promptly following the District’s execution and delivery of a Bank Agreement containing a Shorter Amortization Period, the District shall give the Bank written notice thereof and the District shall enter into an amendment to this Agreement to include such Shorter Amortization Period, provided that the Bank shall maintain the benefit of such Shorter Amortization Period even if the District fails to provide such amendment.

More Definitions of Amortization Period

Amortization Period means the Payment Date beginning on the earlier of (i) the Payment Date in November 2020 or (ii) the Payment Date on or immediately following the date on which an Amortization Event occurs and ending on the earlier of (a) the Payment Date on which each Class of Notes have been paid in full and (b) the Final Maturity Date.

Amortization Period means the period from, and including, the Amortization Commencement Date to, and including, the earlier of (i) the date of the final distribution to Investor Certificateholders of the Series established hereby and (ii) the Series Termination Date. The first Distribution Date of the Amortization Period shall be the Distribution Date in the calendar month following the Amortization Commencement Date.

Amortization Period. The period beginning on the Termination Date and ending on the Collection Date.

Amortization Period. The period beginning on the earlier of: (i) the occurrence of an Amortization Event and (ii) the occurrence or declaration of the Termination Date, and ending on the Collection Date.

Amortization Period means the period of time beginning on the earlier of (i) the close of business on the October 2019 Distribution Date, and (ii) the close of business on the Business Day before the day on which an Early Amortization Event automatically occurs or is declared pursuant to Section 2.02 hereof.

Amortization Period. The period beginning on the Amortization Date and ending on the date that all classes of Notes have been paid in full.

Amortization Period means the period commencing on the Revolving Period Termination Date and ending on the day on which the Loans Outstanding are reduced to zero and all other Aggregate Unpaids have been paid in full.