Mortgage style definition
Mortgage style means that all instalments are equal (principal repayment + interest payment = constant, during the entire repayment period) Assuming that LIBOR will be 4% for ▇▇, ▇% for H3, 5% for H4, 1% for H5 and 2% for H6, we have calculated interest payments and obtained the following repayment profile during the life of the facility. [*]: THE CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION. 1 Definitions and Construction 1 2 Guarantee and Indemnity 4 3 Survival of Guarantor’s Liability 4 4 Continuing Guarantee 6 5 Exclusion of the Guarantor’s Rights 6 6 Payments 7 7 Enforcement 8 8 Representations and Warranties 8 9 General Undertakings: Positive Covenants 11 10 General Undertakings: Negative Covenants 13 11 Financial Undertakings and Ownership and Control of the ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇ Special Liquidity 21 14 Hedging 22 15 Exceptional Prepayments 23 16 Equity Contribution 23 18 Discharge 23 19 Assignment and Transfer 23 20 Miscellaneous Provisions 24 21 Waiver of Immunity 25 22 Notices 25 23 Governing Law 26 24 Jurisdiction 26 Schedule 1 Quarterly Statement of Financial Covenants 29 Schedule 2 Particulars of Agent and Lenders 31 Schedule 3 Budgeted Consolidated EBITDA 32 Schedule 4 Report on Bookings 33 DATED the 6 day of October 2006 (as amended and restated pursuant to a supplemental deed dated 1 JUNE 2012)
Mortgage style means that all instalments are equal (principal repayment + interest payment = constant, during the entire repayment period)