Examples of Scheduled Repayment Amount in a sentence
On each Payment Date, Borrower shall repay to Administrative Agent for the account of each Lender, an amount equal to the Scheduled Repayment Amount for such Payment Date.
The Issuer must repay part of the outstanding principal amount of each Note on each Scheduled Repayment Date (if any) for the Note by payment to the Record Date Noteholder of the Scheduled Repayment Amount for that Scheduled Repayment Date on that Scheduled Repayment Date.
Payments of a Scheduled Repayment Amount will reduce the then outstanding principal amount of each Note on a pro rata basis.
When the balance of the Repayment Account reaches or exceeds the Scheduled Repayment Amount, the Bank shall automatically withdraw the Scheduled Repayment Amount and appropriate such withdrawn amount to repayment.
The Scheduled Repayment Amount will be equal to the Repayment Schedule Percentage, as defined below, times the Accounts Receivable, as described in Paragraph 1 above, as of the Effective Date of this Agreement.