Common use of Calculation of Principal Amount of Securities Clause in Contracts

Calculation of Principal Amount of Securities. The aggregate principal amount of the Securities, at any date of determination, shall be the sum of (1) the principal amount of the Dollar Securities at such date of determination plus (2) the U.S. Dollar Equivalent, at such date of determination, of the principal amount of the Euro Securities at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the Holders of a specified percentage of the principal amount of all the Securities (and not solely the Dollar Securities or the Euro Securities as provided for in the proviso to the first sentence of Section 9.02(a)), such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Securities, the Holders of which have so consented by (b) the aggregate principal amount, as of such date of determination, of the Securities then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.09 and Section 13.06 of this Indenture. Any such calculation made pursuant to this Section 2.14 shall be made by the Company and delivered to the Trustee pursuant to an Officers' Certificate.

Appears in 1 contract

Samples: Indenture (Nalco Energy Services Equatorial Guinea LLC)

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Calculation of Principal Amount of Securities. The aggregate principal amount of the Securities, at any date of determination, shall be the sum of (1) the principal amount of the Dollar Securities at such date of determination plus (2) the U.S. Dollar Equivalent, at such date of determination, of the principal amount of the Euro Securities at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the Holders of a specified percentage of the principal amount of all the Securities (and not solely the Dollar Securities or the Euro Securities as provided for in the proviso to the first sentence of Section 9.02(a)), such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Securities, the Holders of which have so consented by (b) the aggregate principal amount, as of such date of determination, of the Securities then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.09 and Section 13.06 11.06 of this Indenture. Any such calculation made pursuant to this Section 2.14 shall be made by the Company and delivered to the Trustee pursuant to an Officers' Certificate.

Appears in 1 contract

Samples: Indenture (Nalco Energy Services Equatorial Guinea LLC)

Calculation of Principal Amount of Securities. The aggregate principal amount of the Securities, at any date of determination, shall be the sum of (1) the principal amount of the Dollar Securities at such date of determination plus (2) the U.S. Dollar Equivalent, at such date of determination, of the principal amount of the Euro Securities at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the Holders of a specified percentage of the principal amount of all the Securities (and not solely the Dollar Securities or the Euro Securities as provided for in the proviso to the first sentence of Section 9.02(a)), such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Securities, the Holders of which have so consented by (b) the aggregate principal amount, as of such date of determination, of the Securities then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.09 and Section 13.06 12.06 of this Indenture. Any such calculation made pursuant to this Section 2.14 shall be made by the Company and delivered to the Trustee pursuant to an Officers' ’ Certificate.

Appears in 1 contract

Samples: Indenture (Nalco Holding CO)

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Calculation of Principal Amount of Securities. The aggregate principal amount of the SecuritiesNotes, at any date of determination, shall be the sum of (1) the principal amount of the Dollar Securities Notes at such date of determination plus (2) the U.S. Dollar Equivalent, at such date of determination, of the principal amount of the Euro Securities Notes at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the Holders of a specified percentage of the principal amount of all the Securities Notes (and not solely the Dollar Securities Notes or the Euro Securities Notes as provided for in the proviso to the first sentence of Section 9.02(a)9.02), such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of SecuritiesNotes, the Holders of which have so consented by (b) the aggregate principal amount, as of such date of determination, of the Securities Notes then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.09 2.08 and Section 13.06 2.09 of this Indenture. Any such calculation made pursuant to this Section 2.14 shall be made by the Company Issuers and delivered to the Trustee pursuant to an Officers' ’ Certificate.

Appears in 1 contract

Samples: Indenture (Global Media USA, LLC)

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