Amortization Principal Amount shall have the meaning set forth in Section (1)(c).
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.
Amortization Principal Amount means $500,000.
Examples of Amortization Principal Amount in a sentence
Each monthly payment shall be in an amount equal to the sum of (i) $5,000,000 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.
Amortization Principal Amount shall have the meaning set forth in Section (1)(c). (e) “Applicable Price” shall have the meaning set forth in Section (3)(f). (f) “Available Cash” means, with respect to any date of determination, an amount equal to the aggregate amount of the Cash of the Company and its Subsidiaries (excluding for this purpose cash held in restricted accounts (other than cash otherwise unavailable for unrestricted use by the Company or any of its Subsidiaries for any reason) as of such date of determination held in bank accounts of financial banking institutions in the United States of America). (g) “Beneficial Ownership Limitation” shall have the meaning set forth in Section (3)(c)(i). (h) “Bloomberg” means Bloomberg Financial Markets. (i) “Business Day” means any day except Saturday, Sunday and any day which shall be a federal legal holiday in the United States or a day on which the Federal Reserve Bank of New York is closed and/or the Primary Market is not open for at least five (5) hours of trading. (j) “Buy-In” shall have the meaning set forth in Section (3)(b)(ii).
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.