Scheduled Amortization definition

Scheduled Amortization means, with respect to any Person, the sum, as of any date of determination, of the current portion (i.e., such portion as is scheduled to be paid by the obligor thereof within 12 months from the date of determination) of all regularly scheduled amortization payments due on such Person’s long-term fully amortizing mortgage Indebtedness (exclusive of balloon payments).
Scheduled Amortization means, for any period, the sum (calculated without duplication) of all scheduled payments of principal of Indebtedness of the Company and its Restricted Subsidiaries (excluding, for the avoidance of doubt, any balloon, bullet or similar principal payment which repays or refinances such Indebtedness in full, and other than any Indebtedness under the Credit Agreement) made during such period; provided that any reduction in amortization as a result of optional prepayments shall be disregarded for purposes of calculating Fixed Charges (excluding, for the avoidance of doubt, any optional prepayment of any balloon, bullet or similar principal payment which repays or refinances Indebtedness of the Company and its Restricted Subsidiaries in full).
Scheduled Amortization means, for any period, the sum (calculated without duplication) of all payments of principal of Indebtedness of the Company (other than Indebtedness hereunder) scheduled to be made during such period.

Examples of Scheduled Amortization in a sentence

  • The Scheduled Amortization Payments shall be paid on November 9, 2005 and on each subsequent Payment Date thereafter.

  • The Target B Term Facility will be subject to quarterly amortization of one-quarter percent (0.25%) of the original principal amount of the Target B Term Loan Facility (collectively, the “Term B Scheduled Amortization”, and together with the Term A Scheduled Amortization, the “Scheduled Amortization”).

  • In addition, the principal of this Series 2006-1 Note shall be paid in installments on each Distribution Date to the extent of funds available for payment therefor pursuant to the Indenture, and shall be subject to scheduled amortization commencing on the initial Series 2006-1 Scheduled Amortization Distribution Date.

  • The Scheduled Amortization Payments shall be paid on June 9, 2003 and on each subsequent Payment Date thereafter.

  • On and after the Scheduled Amortization Date, the Servicer shall have the option, upon no less than 10 days’ prior written notice (or such lesser number of days reasonably acceptable to the Deal Agent) to the Borrower, the Collateral Agent, the Lenders and the Deal Agent, to reacquire the Dealer Loans, the Purchased Loans and the related Collateral in whole but not in part.


More Definitions of Scheduled Amortization

Scheduled Amortization means, with respect to any Person, the sum, as of any date of determination, of all regularly scheduled amortization payments paid or accrued on such Person's Indebtedness (exclusive of balloon payments).
Scheduled Amortization mean the amount of principal of the Equipment Notes specified for each Payment Date set forth in Annex B to the Indenture.
Scheduled Amortization and “Call Premium” as set forth on Annex I hereto and (y) that all other terms and conditions applicable to such 2024 Term B-1 Loans shall be as set forth in the Credit Agreement as amended pursuant to this Third Term Loan Extension Amendment (including pursuant to Section 3 below).
Scheduled Amortization means, for any period, the sum (calculated without duplication) of all scheduled payments of principal of Indebtedness (other than any Indebtedness hereunder) of the Parent and its Subsidiaries (excluding, for the avoidance of doubt, any balloon, bullet or similar principal payment which repays or refinances such Indebtedness in full) made during such period; provided that any reduction in amortization as a result of optional prepayments shall be disregarded for purposes of calculating Fixed Charges.
Scheduled Amortization. Pinnacle Term Loan Facility: The Pinnacle Term Loan Facility will be subject to quarterly amortization of one-quarter percent (0.25%) of the original principal amount of the Pinnacle Term Loan Facility (the “Scheduled Amortization”). Pinnacle Revolving Credit Facility: None.
Scheduled Amortization means, for any period, the sum (calculated without duplication) of all payments of principal of Indebtedness of the Parent and its Subsidiaries (other than Indebtedness hereunder) scheduled to be made during such period.
Scheduled Amortization means, with respect to any Person, the sum, as of any date of determination, of the current portion (I.E., such portion as is scheduled to be paid by the obligor thereof within twelve (12) months from the date of determination) of all regularly scheduled amortization payments due on such Person's long-term fully amortizing mortgage Indebtedness (exclusive of balloon payments).