Examples of Special Amortization Amount in a sentence
The Collateral Manager shall notify the Trustee, the Issuer, the Co-Issuer and each Hedge Counterparty (if any) of such election (a "Special Amortization") and the amount to be amortized (such amount, the "Special Amortization Amount").
On the first Payment Date following the date on which such notice is given, the Special Amortization Amount will be applied as Principal Proceeds to the extent available in accordance with the Priority of Payments to redeem the Secured Notes, and may be applied pro rata among the Secured Notes if the Special Amortization Pro Rata Condition is met.
The Construction Documents shall set forth in reasonable detail the requirements for construction of the Tenant Work and shall show all work necessary to complete the Tenant Work including all cutting, fitting, and patching and all connections to the mechanical, electrical, and plumbing systems and components of the Building.
On the applicable Payment Date the Special Amortization Amount will be applied to pay principal of the Rated Notes in accordance with the Priority of Payments.
The Collateral Manager shall notify the Trustee, the Issuer, the Co-Issuer, the Class A-1AR Note Agent, and each Hedge Counterparty (if any) of such election (a "Special Amortization") and the amount to be amortized (such amount, the "Special Amortization Amount").
On the first Payment Date following any date on which such notice is given, amounts remaining after giving effect to clauses (A) through (N) of the Principal Waterfall in an amount equal to the Special Amortization Amount will be applied to pay principal of the Secured Notes, sequentially in order of seniority.
On the first Payment Date following the date on which such notice is given, the Special Amortization Amount will be applied as Principal Proceeds to the extent available in accordance with the Priority of Payments to redeem the Notes.
For any period, the sum of all Interest Expense and mandatory principal payments due and payable by the Borrowers during such period excluding any balloon payments due upon maturity of any indebtedness (including the "Stipulated Amortization Amount" but not any "Special Amortization Amount" (as such terms are defined in the Cash Collateral Account Agreement)).