Principal Amortization Payment Date definition

Principal Amortization Payment Date means the date a Principal Amortization Payment is due.
Principal Amortization Payment Date means (i) the last Business Day of each calendar quarter, commencing with the first such date occurring at least three months after the Closing Date and ending on the Term B Maturity Date and (ii) the Term B Maturity Date.
Principal Amortization Payment Date means (i) the last Business Day of each calendar quarter, commencing with the first full calendar quarter after the Closing Date and (ii) the Maturity Date.

Examples of Principal Amortization Payment Date in a sentence

  • The Borrower shall repay, and there shall become due and payable, on each Principal Amortization Payment Date in installments of 0.25% of the aggregate principal amount of the Tranche B-5 Term Loans on the Amendment No. 45 Effective Date, which payments shall be reduced as a result of the application of prepayments in accordance with Section 2.08.


More Definitions of Principal Amortization Payment Date

Principal Amortization Payment Date means the first Business Day of each January, April, July and October after the Closing Date and the Maturity Date.
Principal Amortization Payment Date means, with respect to any Loan made as of the Closing Date, the first Business Day of each January, April, July and October commencing January 1, 2019, and with respect to any Loan made after the Closing Date, the first Business Day of each January, April, July and October which is more than 90 days after the date on which such Loan as made.
Principal Amortization Payment Date means (i) the last Business Day of each calendar quarter, commencing with September 30, 2013 and (ii) the Term Loan Maturity Date.
Principal Amortization Payment Date means (i) the last Business Day of each calendar quarter, commencing with December 31, 2015 and(ii) the Term Loan Maturity Date.
Principal Amortization Payment Date means (i) the last Business Day of each calendar quarter, commencing with September 30, 2012 and
Principal Amortization Payment Date means the date a Principal Amortization Payment is due. "Required Lenders" means Lenders whose aggregate Credit Exposure (as hereinafter defined) constitutes at least 67% of the Credit Exposure of all Lenders at such time; provided, however, that if any Lender shall be a Defaulting Lender at such time then there shall be excluded from the determination of Required Lenders the aggregate principal amount of Credit Exposure of such Lender at such time. For purposes of the preceding sentence, the term "Credit Exposure" as applied to each Lender shall mean (a) at any time prior to the termination of the Commitments, the sum of (i) the Revolving Loan Commitment Percentage of such Lender multiplied by the Revolving Committed Amount, plus (ii) the Tranche A Term Loan Commitment Percentage of such Lender multiplied by the aggregate principal amount of Tranche A Term Loans outstanding at such time, plus (iii) the Tranche A Supplemental Term Loan Commitment Percentage of such Lender multiplied by the aggregate principal amount of Tranche A Supplemental Term Loans outstanding at such time, plus (iv) the Tranche B Term Loan Commitment Percentage of such Lender multiplied by the aggregate principal amount of Tranche B Term Loans outstanding at such time and (b) at any time after the termination of the Commitments, the sum of the principal balance of the outstanding Loans of such Lender. "Supplemental Credit Documents" means this Credit Agreement, the Tranche A Supplemental Term Loan Notes, the Tranche B Term Loan Notes, any Joinder Agreement, the Collateral Documents, the Fee Letter and all other related agreements and documents issued or delivered hereunder or thereunder. "Supplemental Credit Lenders" means any of the Persons identified as a "Supplemental Credit Lender" on the signature pages hereto, and any Person which may become a Supplemental Credit Lender by way of assignment in accordance with the terms hereof, together with their successors and permitted assigns. "Term Loans" means the Tranche A Term Loans, the Tranche A Supplemental Term Loans and the Tranche B Term Loans. "Tranche A Supplemental Term Loans" means the Tranche A Supplemental Term Loans made to the Borrower pursuant to Section 2.1 hereof.
Principal Amortization Payment Date means, in respect of each Loan, the first Business Day of each April, July, October and January which is more than 90 days after the date on which such Loan was made, provided that if such day is not a Business Day, the respective Principal Amortization Payment Date shall be the next succeeding Business Day.