Amortization Principal Amount definition

Amortization Principal Amount shall have the meaning set forth in Section (1)(c).
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Amortization Principal Amount means (i) in respect of the first monthly payment, 50% of the aggregate Principal balance outstanding under this Note and the Other Notes as of the date of the Amortization Event triggering such monthly payment, and (ii) in respect of any subsequent monthly payment, 25% of the aggregate Principal balance outstanding under this Note and the Other Notes as of the date of the Amortization Event triggering such monthly payment.
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Amortization Principal Amount means $500,000.
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Examples of Amortization Principal Amount in a sentence

  • Each monthly payment shall be in an amount equal to the sum of (i) $1,250,000 of Principal in the aggregate among this Note and all Other Notes (or the outstanding Principal if less than such amount) (the “Amortization Principal Amount”), plus (ii) the Payment Premium in respect of such Amortization Principal Amount, and (iii) accrued and unpaid interest hereunder as of each payment date.


More Definitions of Amortization Principal Amount

Amortization Principal Amount means an amount equal to (i) the outstanding principal balance on the Pre-Paid Advances as of the Amortization Event Date or, solely in respect of an Amortization Event that occurs during the Standstill Period, as of the Standstill Period Expiration Date divided by (ii) the number of full Calendar Months remaining between the Amortization Event Date and the Maturity Date.
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Amortization Principal Amount with respect to a Prepaid Advance shall mean the sum of (i) the outstanding principal amount of such Prepaid Advance divided by the lower of (y) the number of months remaining until the Maturity Date of such Prepaid Advance, or (z) 5.
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Related to Amortization Principal Amount

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • Principal amount financed means the unpaid cash price balance after deducting the down payment, adding the cost of any insurance premiums required or obtained as security for or by reason of the sale of a motor vehicle under an installment sale contract, and adding other costs necessary or incidental to the sale of the motor vehicle under the contract that the seller contracts to pay on behalf of the buyer and for the amount of which the seller agrees to extend credit to the buyer and for which the buyer contracts voluntarily.

  • Initial Principal Amount means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement.

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.