Payment and Amortization Schedule definition

Payment and Amortization Schedule for each Loan means the payment and amortization scheduled attached to the Note relating to and evidencing such Loan.
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Payment and Amortization Schedule for each Loan means the payment and amortization scheduled attached to the Related Note. "Payment Date" means January 20, 2000, March 20, 2000 and the 20th of each June, September, December and March thereafter, provided however, if any such date is not a LIBOR Banking Day, then the Payment Date shall be the next LIBOR Banking Day. "Permitted Lender Assignee" means any "accredited investor" under Rule 501(a) of the Securities Act of 1933, as amended, which is either a bank, insurance company, mutual fund, trust company, employee benefit plan (as defined in ERISA), or savings and loan company, in each case having total assets of at least $200,000,000 or LC Issuer upon exercise of the LC Issuer Option. "Permitted Lien" means Liens created or granted by Obligee in connection with the Participation Agreement or the LC Reimbursement Security Agreement and any Lien of a mechanic, material-man, carrier, employee or other similar Lien arising in the ordinary course of business by statute or by operation of law, in respect of obligations that are not overdue or that are being contested in good faith by appropriate proceedings. "Person" means any individual, corporation, partnership, limited liability company, joint venture, association, joint stock company, trust, trustee(s) of a trust, unincorporated organization, or government or Governmental Entity, agency or political subdivision thereof. "Prepayment Premium" means with respect to any repayment of a Loan in whole or in part on any day other than a Payment Date the amount (if any) by which (a) the amount of interest payable on the next Payment Date on the amount of the Loan which is repaid, but for it having been so repaid, exceeds (b) the aggregate of the amount of interest accrued to the date such amount is repaid and an amount equal to AR x D x R, where AR equals the amount which is repaid, D equals the number of days from the date of repayment to the next Payment Date and R equals (i) for each Loan or portion thereof accruing interest at the Commercial Paper Rate, the rate earned by Lender by reinvesting the amount repaid in such interest bearing short term investments as Lender may select in its sole discretion or (ii) for each Loan or portion thereof accruing interest at the LIBOR Rate, the rate per annum at which the Lender concerned is offering or would offer in the London Interbank Market (based on commercially reasonable criteria) for Dollar deposits of leading banks in an amount substantially equal in...
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Examples of Payment and Amortization Schedule in a sentence

  • A "Payment and Amortization Schedule" is attached hereto as Schedule 3.a.i. and made a part hereof, which schedule is calculated based on -------------- amortization of the Principal Amount over the Amortization Period.

  • Named Insured represents and warrants that the Monthly Payment and Amortization Schedule attached as Schedule C is true and correct and agrees that Insurer's obligations are subject to the limitations of that Schedule.

  • Unless otherwise adjusted in accordance with Section 5.9 hereof, (a) principal on each A Loan shall be payable to each A Lender on each Payment Date in an amount equal to the amount specified for such date on the Payment and Amortization Schedule attached to such A Lender’s A Note; and (b) principal on each B Loan shall be payable to each B Lender on each Payment Date in an amount equal to the amount specified for such date on the Payment and Amortization Schedule attached to such B Lender’s B Note.

  • Upon the completion of any Debt Exchange, the Lender shall have the right to revise the Payment and Amortization Schedule to account for any payment made under the Debt Exchange and to replace it with a new Payment and Amortization Schedule to be attached hereto.

  • Unless otherwise adjusted in accordance with Section 5.9 hereof principal on each Loan shall be payable to Lender on each Payment Date in an amount equal to the amount specified for such date on the Payment and Amortization Schedule attached to the Related Note.

  • From and after the Weekly Payment End Date all remaining payments will be made in accordance with the Payment and Amortization Schedule set forth herein as Exhibit “A”.

  • Schedule 1 to the Promissory Note, entitled Aircraft Note Payment and Amortization Schedule, is hereby amended by deleting the last payment, or 54th payment, thereon and inserting in lieu thereof the four (4) payments contained on Exhibit A, which is attached to this Amendment.

  • Schedule 1 to the Promissory Note, entitled Aircraft Note Payment and Amortization Schedule, is hereby amended by deleting the last three (3) payments, that is, the payments designated as Payment # “55”, “56” and “Balloon” thereon, and inserting in lieu thereof the three (3) payments contained on Exhibit A, which is attached to this Amendment.

  • For ease of interpretation, a worked example based on certain assumed funding and prepayment dates is set out in the column entitled “Prepayment Amount Assuming Full prepayment at month end” of Annex 2 (Payment and Amortization Schedule).

  • The replacement of these flumes will expand the peak flow capacity.

Related to Payment and Amortization Schedule

  • Amortization Schedule means, with respect to each Equipment Note, the amortization schedule for such Equipment Note delivered pursuant to Section 2.02 of the Trust Indenture.

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

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

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

  • Consolidated Amortization Expense means, for any period, the amortization expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

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

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Repayment Schedule means the schedule of repayment dates as detailed in Schedule 5 (Loan Repayment Schedule), to be replaced as required in accordance with Clause 5 (Repayment) and Clause 6.10(b) (Partial prepayment of Loans).

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Depreciation and Amortization means the depreciation and amortization accruing during any period of determination with respect to a Person, as determined in accordance with GAAP.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

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

  • Prepayment Charge Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Charge and the term during which such Prepayment Charge is imposed with respect to a Mortgage Loan.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Purchase Price Allocation Schedule has the meaning given to it in Section 2.7(a).

  • 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.

  • 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.

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • 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.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Payment Date Statement means a report setting forth certain information relating to the Reference Pool, the Notes, the Reference Tranches and the hypothetical structure described in the Prospectus, which shall be in such form as is required under the Prospectus and otherwise as agreed upon between the Issuer and the Global Agent.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

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