Examples of Amortization Requirements in a sentence
In connection with any such adjustments to the Amortization Requirements, the Owner Trustee shall deliver to the Indenture Trustee, not later than 30 days prior to the next Amortization Date following such partial redemption, a revised schedule, prepared by the Lessee and approved by the Owner Participant, setting forth the Amortization Requirements for the Bonds commencing with the first Amortization Date following such partial redemption.
In case of default by the Borrower in the payment of any principal (including any amount in respect of original issue discount), interest, Amortization Requirements, or analogous obligation, or in the payment of any other amounts payable by the Borrower or the performance of any other obligations of the Borrower under this Agreement, the Guarantor agrees duly and punctually to pay or perform the same.
The aggregate amount of such Amortization Requirements for the Term Bonds of each Series shall be equal to the aggregate principal amount of Term Bonds of such Series.
The Amortization Requirements for the Term Bonds of each Series shall begin in the Bond Year determined by the Board and shall end in the Bond Year of the maturity of such Term Bonds (the Amortization Requirement for such Bond Year being the amount payable at maturity).
The Secretary shall call for redemption on each July 1 on which Bonds are subject to redemption in accordance with this paragraph (b), a principal amount of Bonds equal to the aggregate principal amount of the Bonds to be redeemed pursuant to the Amortization Requirements therefor, less the aggregate principal amount of the Bonds, if any, purchased by the Secretary in accordance with this paragraph (b) since the preceding July 1.