Examples of Required Amortization Payment in a sentence
Required Amortization Payment FY 2012$3,413,517Total Employer Required Contribution FY 2012 (1 + 4)$3,937,483 The Tables provided in this Section present disclosure information necessary to comply with GASB requirements and are relevant for the annual financial reporting of the System.
The Borrower unconditionally and irrevocably promises to pay to the Lender (i) on July 1, 2014, and (ii) on each Quarterly Payment Date thereafter, the portion of the outstanding principal amount of the Loans equal to the Required Amortization Payment and as otherwise provided in the Accounts Agreement.
In addition to any other payments due under this Agreement, on the first Business Day of each month commencing April, 2010, Borrower shall pay to the Administrative Agent for the account of the applicable Lenders, as a principal reduction of the Term Loans, an amount equal to the applicable Term Loan Required Amortization Payment.
In addition to the monthly payments of interest required pursuant to the immediately preceding sentence, if the Borrower’s Fixed Rate Option has been exercised and the Stated Maturity Date has been extended to the Fixed Rate Extended Maturity Date pursuant to Section 2.8, then commencing as of the first Payment Date after the Conversion Date, and on each Payment Date thereafter throughout the Term, Borrower shall pay to Lender the Required Amortization Payment.
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