Quarterly Amortization Amount definition

Quarterly Amortization Amount has the meaning specified in Section 2.07(a).

Quarterly Amortization Amount shall have the meaning set forth in Paragraph 4(b) of this Repurchase Agreement.

Quarterly Amortization Amount means: (a) for each Payment Date from from May 1, 2019 through February 1, 2027, US$12,500,000 (as such amount may be decreased as described in Sections 2.7(b), 2.7(c), 3.2(a), 3.4(a) or 5.2(d) or (c) or increased as the result of the issuance of additional Notes as described in Section 2.1(g); it being understood that any Payment Date’s amortization amount resulting from any such decrease or increase for any Payment Date shall be rounded upwards to the next US$0.01).

Examples of Quarterly Amortization Amount in a sentence

• On each Quarterly Amortization Date, Borrower shall repay the principal of the Facility in the amount of the corresponding Quarterly Amortization Amount.

• So long as the Early Amortization Period with respect to the Series 2006-1 Notes shall not exist, on each Payment Date during the Controlled Amortization Period principal shall be payable in respect of the Series 2006-1 Notes in an amount equal to the Quarterly Amortization Amount corresponding to such Payment Date.

• The amount of the Quarterly Amortization Amount, once determined for a particular calendar year, will remain constant until the earlier of the Maturity Date or any prepayment in full of the Acquisition Term Loan; and the total of the principal payments due, as provided in Section 4.7(a), shall be the sum of all Quarterly Amortization Amounts determined by the Agent as of any date.

• The Quarterly Amortization Amount for any particular calendar year shall be the amount equal to one twenty-fourth of the principal amount used and advanced under the Acquisition Term Loan during the applicable calendar year (i.e., a six-year amortization, based on quarterly payments).

• So long as the Early Amortization Period with respect to the Series 2007-1 Notes shall not exist, on each Payment Date during the Controlled Amortization Period principal shall be payable in respect of the Series 2007-1 Notes in an amount equal to the Quarterly Amortization Amount corresponding to such Payment Date.

More Definitions of Quarterly Amortization Amount

Quarterly Amortization Amount means, with respect to the Series 2006-1 Notes and the Payment Dates set forth below, a quarterly principal amortization amount equal to: Payment Dates Quarterly Amortization Amount (US$) June 2008 5,000,000 September 2008 5,000,000 December 2008 5,000,000 March 2009 5,000,000 June 2009 5,000,000 September 2009 5,000,000 December 2009 5,000,000 March 2010 5,000,000 June 2010 5,000,000 September 2010 5,000,000 December 2010 5,000,000 March 2011 5,000,000 June 2011 5,000,000 September 2011 5,000,000 December 2011 5,000,000 March 2012 5,000,000 June 2012 5,000,000 September 2012 5,000,000 December 2012 5,000,000 March 2013 5,000,000 “Quarterly Interest” shall, with respect to the Series 2006-1 Notes and each Payment Date, be equal to the sum of:

Quarterly Amortization Amount. The amount set forth in the second column of Schedule 1 for each corresponding Quarterly Amortization Date.

Quarterly Amortization Amount means at any time the product of (i) $2,500,000 times (ii) a fraction (a) the numerator of which is the aggregate outstanding principal balance of the Term Loans (including Reborrowing Term Loans but excluding any Term Loans borrowed pursuant to Section 2.15), calculated without giving effect to any payments on Term Loans pursuant to Section 2.07 after the Effective Date and (b) the denominator of which is the sum of (1) the aggregate outstanding principal amount of the Term Loans (including Reborrowing Term Loans but excluding any Term Loans borrowed pursuant to Section 2.15), calculated without giving effect to any amortization payments on such Term Loans pursuant to Section 2.07 after the Effective Date, plus (2) the remaining amount available to be borrowed under the Reborrowing Term Loan Facility at such time.

Quarterly Amortization Amount shall have the meaning set forth in Section 4.7(b) hereof.

Quarterly Amortization Amount means as of the end of each Fiscal Quarter (i) $700,000, if Lender has made Facility B Loans equal to the Facility B Maximum Credit Amount prior to the end of such Fiscal Quarter, or (ii) the outstanding principal amount of the Facility B Loans as of such date multiplied by five percent (5%), if the aggregate amount of Facility B Loans made prior to the end of such Fiscal Quarter is less than the Facility B Maximum Credit Amount; provided that, for purposes of clarification, it is agreed that if Lender makes Facility B Loans equal to the Facility B Maximum Credit Amount prior to the end of the Facility B Commitment Period, the Quarterly Amortization Amount shall be $700,000 for each Fiscal Quarter thereafter."

Quarterly Amortization Amount means, with respect to the Series 2007-1 Notes and the Payment Dates set forth below, a quarterly principal amortization amount equal to:

Quarterly Amortization Amount means, (a) prior to an Early Amortization Period, with respect to each Series, the quarterly principal amortization amount payable on each Payment Date with respect to such Series (after any applicable Interest-Only Period) as specified in the applicable Indenture Supplement (as such amounts may be reduced from time to time in accordance with this Indenture and the applicable Indenture Supplement) or (b) following the termination of an Early Amortization Period, unless otherwise provided in the applicable Indenture Supplement, an amount equal to the quotient obtained by dividing (i) the Series Balance of the applicable Series on the last day of such Early Amortization Period, by (ii) the total number of Payment Dates remaining until the final maturity date of such Series pursuant to the corresponding Indenture Supplement.