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Common use of No Amortization Event Clause in Contracts

No Amortization Event. Immediately after giving effect to the making of a Loan (and the application of the proceeds thereof), there shall not exist any Amortization Event.

Appears in 2 contracts

Sources: Term Loan Agreement (Trinity Industries Inc), Term Loan Agreement (Trinity Industries Inc)

Related Clauses

  • Early Amortization Events
  • Rapid Amortization Events
  • Amortization Events
  • Allocations During the Early Amortization Period
  • Transfer to Avoid Termination Event

Parent Clauses

  • Representations and Warranties
  • Conditions to Effectiveness of this Amendment
  • Conditions to Effectiveness of Amendment
  • Representations and Warranties of Servicer
  • Representations and Warranties of the Seller Parties
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