Amortizing Note definition

Amortizing Note means a Note for which payments of principal of and interest on such Note are made in installments over the life of such Note, and unless otherwise specified in the applicable Company Order, payments with respect to an Amortizing Note shall be applied first to interest due and payable thereon and then to the reduction of the unpaid principal amount thereof.

Amortizing Note. The term "

Amortizing Note means any note in the form of Exhibit B attached hereto.

Examples of Amortizing Note in a sentence

• If this Note is an Amortizing Note, this Note may pay an amount in respect of both interest and principal amortized over the life of this Note.

• If this Note is an Amortizing Note, payments made hereon will be applied first to interest due and payable on each such payment date and then to the reduction of the Outstanding Face Amount.

• Unless otherwise specified on the face hereof, if this Note is an Amortizing Note, payments with respect to this Note will be applied first to interest due and payable hereon and then to the reduction of the unpaid principal amount hereof.

• Unless otherwise specified on the face hereof or unless this Note is an Amortizing Note, this Note will not be subject to any sinking fund.

• Unless otherwise specified on the face of this Note or unless this Note is an Amortizing Note, this Note will not be subject to any sinking fund.

More Definitions of Amortizing Note

Amortizing Note. [ ] Yes [ v ] No. If, Yes, Amortizing Schedule: Additional/Other Terms: Discount Note: [ ] Yes [ v ] No. If, Yes, Total Amount of Discount: Initial Accrual Period of Discount: Additional/Other Terms: Redemption Provisions: [ ] Yes [ v ] No. If, Yes, Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction (if any): Redemption: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Repayment: [ ] Yes [ v ] No. If, Yes, Repayment Date(s): Repayment Price: Repayment: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Sinking Fund (not applicable unless specified): Additional Amounts to be Paid for Withholding Tax (not applicable unless specified):

Amortizing Note. [ ] Yes [X] No. If, Yes, Amortizing Schedule: Additional/Other Terms:

Amortizing Note means a Fixed Rate Note (as defined below) that pays a level amount in respect of both interest and principal amortized over the life of the Note.

Amortizing Note. Any Note the terms of which provide for the payment of Principal thereof and interest thereon on each Interest Payment Date and the Stated Maturity thereof.

Amortizing Note has the meaning given such term in Section 2.05(b) hereof.

Amortizing Note. [ ] Yes [ ] No Amortization Schedule:

Amortizing Note. [ ] YES [ ] NO SINKING FUND: TOTAL AMOUNT OF OID: YIELD TO MATURITY: INITIAL ACCRUAL PERIOD OID: AUTHORIZED DENOMINATIONS: EXTENDIBLE NOTE: [ ] YES [ ] NO EXTENSION PERIOD: NUMBER OF EXTENSION PERIODS: OPTION TO ELECT REPAYMENT: [ ] YES [ ] NO OPTIONAL REPAYMENT DATES: OPTIONAL REPAYMENT PRICES: OPTIONAL INTEREST RATE RESET: [ ] YES [ ] NO OPTIONAL RESET DATES: OPTIONAL REDEMPTION: [ ] YES [ ] NO INITIAL REDEMPTION DATE: INITIAL REDEMPTION PERCENTAGE: % APPLICABILITY OF ANNUAL REDEMPTION PERCENTAGE REDUCTION: [ ] YES [ ] NO If yes, state Annual Percentage Reduction: % RENEWABLE NOTE: [ ] YES [ ] NO INITIAL MATURITY DATE: SPECIAL ELECTION INTERVAL: