Bullet Installment definition
Bullet Installment means the ‘Bullet Installment’ as provided for in the Redemption Schedule (which shall also be a Redemption Installment). “Business Day”
Bullet Installment means the ‘Bullet Installment’ as provided for in the Redemption Schedule (which shall also be a Redemption Installment).
Examples of Bullet Installment in a sentence
Notwithstanding anything to the contrary contained in this Deed or other Debenture Documents, the Issuer agrees that in the event the trailing twelve-month Group DSCR is less than 1.4, then cash surplus available with the Issuer in connection with the trailing twelve-month period shall be used towards the mandatory redemption of equivalent amount of Debentures (“Cash Sweep”) and the repayment profile (including the Bullet Installment) of outstanding Debentures will be reduced proportionately.