Amortizing Note definition

Amortizing Note means a Note for which payments of principal of and interest on such Note are made in installments over the life of such Note, and unless otherwise specified in the applicable Company Order, payments with respect to an Amortizing Note shall be applied first to interest due and payable thereon and then to the reduction of the unpaid principal amount thereof.
Amortizing Note. The term "
Amortizing Note means any note in the form of Exhibit B attached hereto.

Examples of Amortizing Note in a sentence

  • If this Note is an Amortizing Note, this Note may pay an amount in respect of both interest and principal amortized over the life of this Note.

  • If this Note is an Amortizing Note, a table setting forth the schedule of dates and amounts of payments of principal of and interest on this Note or the formula for the amortization of principal and/or interest is set forth in an annex attached to this Note.

  • Unless otherwise specified on the face hereof, if this Note is an Amortizing Note, payments with respect to this Note will be applied first to interest due and payable hereon and then to the reduction of the unpaid principal amount hereof.

  • If this Note is an Amortizing Note as shown on the face hereof or in the pricing supplement attached hereto or delivered herewith, a portion or all of the principal amount of this Note is payable prior to the Stated Maturity Date in accordance with a schedule or by application of a formula.

  • Unless this Note is specified as an Amortizing Note on the face hereof, this Note will not be subject to any sinking fund.


More Definitions of Amortizing Note

Amortizing Note. [ ] Yes [ v ] No. If, Yes, Amortizing Schedule: Additional/Other Terms: Discount Note: [ ] Yes [ v ] No. If, Yes, Total Amount of Discount: Initial Accrual Period of Discount: Additional/Other Terms: Redemption Provisions: [ ] Yes [ v ] No. If, Yes, Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction (if any): Redemption: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Repayment: [ ] Yes [ v ] No. If, Yes, Repayment Date(s): Repayment Price: Repayment: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Sinking Fund (not applicable unless specified): Additional Amounts to be Paid for Withholding Tax (not applicable unless specified):
Amortizing Note. [ ] Yes [X] No. If, Yes, Amortizing Schedule: Additional/Other Terms:
Amortizing Note has the meaning given such term in Section 2.05(b) hereof.
Amortizing Note. Any Note the terms of which provide for the payment of Principal thereof and interest thereon on each Interest Payment Date and the Stated Maturity thereof.
Amortizing Note means a Fixed Rate Note (as defined below) that pays a level amount in respect of both interest and principal amortized over the life of the Note.
Amortizing Note. [ ] Yes [ ] No Amortization Schedule:
Amortizing Note means a Series A Note with respect to which payments will be applied first to interest due and payable thereon and then to the reduction of the unpaid principal amount thereof.