Early Amortization Date definition

Early Amortization Date means any date, if any, so designated in writing by the Administrative Agent to the Borrower following an Early Amortization Event.
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Early Amortization Date means date on which an Early Amortization Event is declared to have occurred or has automatically occurred pursuant to Section 9.2(ii).
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Early Amortization Date means the earliest to occur of (i) the Business Day (or immediately following the day) on which an Insolvency Event with respect to any Borrower Party described in Section 9.01(f) of the Credit Agreement occurs, (ii) the Business Day specified in a written notice from the Required Lenders following the occurrence of any other Early Amortization Event, and (iii) the date which is 15 Business Days after the Administrative Agent’s receipt of written notice from the Borrower that it wishes to terminate the SunGard Bridge Receivables Facility.
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Examples of Early Amortization Date in a sentence

  • From and after any Early Amortization Date, SunGard Funding may request that the Collection Agent, and the Collection Agent thereupon promptly shall, instruct all Obligors with respect to the Receivables, to remit all payments thereon to a new depositary account specified by SunGard Funding and, at all times thereafter, the Collection Agent shall not deposit or otherwise credit any funds to the Collection Account, but rather to such new depositary account.

  • Amortization Calculation Period: Means any consecutive three calendar month period beginning with the date that is three calendar months prior to the Optional Early Amortization Date.

  • From and after any Early Amortization Date, SunGard Funding II may request that the Collection Agent, and the Collection Agent thereupon promptly shall, instruct all Obligors with respect to the Receivables, to remit all payments thereon to a new depositary account specified by SunGard Funding II and, at all times thereafter, the Collection Agent shall not deposit or otherwise credit any funds to the Collection Account, but rather to such new depositary account.

  • The “Purchase and Sale Termination Date” shall be the earlier to occur of (a) the date the Purchase Facility is terminated pursuant to Section 8.2; (b) the Early Amortization Date and (c) the Final Payout Date.

  • Early Amortization Condition: If, on any date after the Optional Early Amortization Date the Buyer has determined, acting in good faith and in its sole and absolute discretion, that during any Amortization Calculation Period the average of the aggregate funded balances of the Eligible Obligations is less than USD6,000,000,000.

  • Optional Early Amortization Date: June 30, 2023 Early Amortization Condition: If, on any date after the Optional Early Amortization Date the Buyer has determined, acting in good faith and in its sole and absolute discretion, that during any Amortization Calculation Period the average of the aggregate funded balances of the Eligible Obligations is less than USD 1,000,000,000.


More Definitions of Early Amortization Date

Early Amortization Date means the earliest to occur of (i) the Business Day (or immediately following the day) on which an Insolvency Event with respect to any Borrower Party described in Section 9.01(f) of the Credit Agreement occurs, (ii) the Business Day specified in a written notice from the Controlling Party following the occurrence of any other Early Amortization Event, and (iii) the date which is 15 Business Days after the Administrative Agent’s receipt of written notice from the Borrower that it wishes to terminate the SunGard Insured Receivables Facility; provided, however, that the Insurer, if the Controlling Party, shall have delivered to the Administrative Agent its prior written consent to the occurrence of such Early Amortization Event.
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Related to Early Amortization Date

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2023-A Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Early Amortization Event means the occurrence of any of the following:

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Managed Amortization Period means the period from the Closing Date to the Rapid Amortization Commencement Date.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Principal Payment Dates means, unless otherwise determined by the Fiscal Officer and specified in the Certificate of Award, December 1 in each of the years from and including 2021 to and including 2022.

  • Negative Amortization That portion of interest accrued at the Note Rate in any month which exceeds the Monthly Payment on the related Mortgage Loan for such month and which, pursuant to the terms of the Mortgage Note, is added to the principal balance of the Mortgage Loan.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Early Payment Date (k) means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Potential Amortization Event means any occurrence or event which, with the giving of notice, the passage of time or both, would constitute an Amortization Event.

  • Expected Principal Payment Date means March 15, 2022.

  • Expected Amortization Schedule means, with respect to any Tranche, the expected amortization schedule related thereto set forth in the Series Supplement.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;