Amortization Start Date definition

Amortization Start Date means the first (1st) day of the month immediately following the Interest Only End Date.

Amortization Start Date means the first business day of the month immediately following the Availability End Date.

Amortization Start Date means, unless waived in writing by the Required Lenders, if an Event of Default is continuing on the last date of any calendar month, the last date of the calendar month immediately following the calendar month in which such Event of Default occurred.

Examples of Amortization Start Date in a sentence

• Any Term Loans that are outstanding on the Availability End Date shall be payable in equal monthly installments of principal, plus all accrued interest, beginning on the Amortization Start Date and continuing on the same day of each month thereafter through the Term Loan Maturity Date, at which time all amounts due in connection with the Term Loans and any other amounts due under this Agreement shall be immediately due and payable.

• Any Term Loans that are outstanding on the Availability End Date shall be payable in equal monthly installments of principal, plus all accrued but unpaid interest, beginning on the Amortization Start Date and continuing on the same day of each month thereafter through the Term Loan Maturity Date, at which time all outstanding amounts due in connection with the Term Loans and any other outstanding amounts due under this Agreement shall be immediately due and payable.

• Thereafter, the Growth Capital Advances shall be payable in equal monthly installments of principal plus accrued and unpaid interest (each a “Growth Capital Advance Payment”) beginning on the Amortization Start Date and continuing on the first (1st) day of each month thereafter.

• Beginning on the Amortization Start Date, the Term Loans shall be repaid in thirty-six (36) consecutive monthly installments of $1,666,666.67 on the last day of each calendar month.

• The Growth Capital Advances shall be “interest only” through the Amortization Start Date and shall be payable in accordance with Section 2.3(d) below.

More Definitions of Amortization Start Date

Amortization Start Date means December 20, 2016; provided however if Borrower has achieved the Tranche B Milestones and no Event of Default has occurred and is continuing at such time, the Amortization Start Date shall be extended to June 20, 2017.

Amortization Start Date means May 29, 2022; provided, however, that if Borrower achieves the Revenue Milestone then the Amortization Start Date shall automatically be extended to November 29, 2022.

Amortization Start Date is August 1, 2018; provided, however, if Bank fully funds both the Tranche B Growth Capital Advance and the Tranche C Growth Capital Advance to Borrower, then the Amortization Start Date shall automatically, and with no further action required by the parties hereto, be extended to January 1, 2019.

Amortization Start Date means the first date upon which one or more of the following occurs:

Amortization Start Date. July 31, 2026.

Amortization Start Date is March 1, 2020; provided, however, if Borrower achieves the Equity Event, the Amortization Start Date shall automatically, with no further action required by the parties hereto, be extended to September 1, 2020.

Amortization Start Date is April 1, 2018; provided, however, if Borrower achieves the FDA Milestone, then the Amortization Start Date shall automatically, with no further action required by the parties hereto, be extended to April 1, 2019.