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 full calendar quarter after the Closing Date and (ii) the Maturity Date.
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.

Examples of Principal Amortization Payment Date in a sentence

  • Without limiting the generality of the foregoing, the Administrative Agent may debit such account (a) for interest on each Interest Payment Date and on the Maturity Date and (b) for scheduled principal payments on each Principal Amortization Payment Date and on the Maturity Date.

  • The Borrower shall repay, and there shall become due and payable, on each Principal Amortization Payment Date in installments of 0.25% of the original aggregate principal amount of the Term Loans on the Closing Date, which payments shall be reduced as a result of the application of prepayments in accordance with Section 2.09.

  • Chief Kazian said it is remarkable to have this type of care in our “back yard”; he praised SFD’s team effort in these results.Mr. Montgomery commented he has been in the medical field for 25 years and has never seen such a great number for cardiac arrests; he said as a former paramedic, he knows what SFD does in the field and it is spectacular.

  • 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-6 Term Loans on the Amendment No. 6 Effective Date, which payments shall be reduced as a result of the application of prepayments in accordance with Section 2.08.

  • Section 2.1(e) of the Credit Agreement is amended by deleting the Principal Amortization Payment Date and corresponding Term Loan Principal Amortization Payment for December 31, 2002 and by increasing the Term Loan Principal Amortization Payment for the Maturity Date from $56,250,000 to $73,125,000.


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, with respect to any Loan made as of the Closing Date, the first Business Day of each January, April, July and October commencing January 2, 2014, 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 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 the first such date occurring at least three months after the Closing Date and, with respect to each Class of Term B Loan, ending on the applicable Term B Maturity Date for the particular Class of Term B Loan and (ii) with respect to each Class of Term B Loan, the Term B Maturity Date for the particular Class of Term B Loan.
Principal Amortization Payment Date means (i) in the case of the Term A Loans (A) the last Business Day of each calendar quarter, commencing with the first such date occurring at least 90 days after the Closing Date and ending prior to the Term A Maturity Date and (B) the Term A Maturity Date, and (ii) in the case of the Term B Loans, (A) the last Business Day of each calendar quarter, commencing with the first such date occurring at least 90 days after the Closing Date and ending prior to the Term B Maturity Date, and (B) the Term B Maturity Date.
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.