License Fee Amortization Amount definition

License Fee Amortization Amount means, with respect to the License Fee for any PSL, an amount of assumed amortization of such License Fee, determined annually as of each anniversary of the Agreement Date, assuming straight-line amortization over a term of thirty (30) years (e.g., if a PSL with an initial cost of $20,000 (paid in full) is terminated on the third anniversary of the Agreement Date, the License Fee Amortization Amount would equal $2,000).
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Related to License Fee Amortization Amount

  • Amortization Payment 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.

  • 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 Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.