Reduction of Series 2013-B Maximum Principal Amount Sample Clauses

Reduction of Series 2013-B Maximum Principal Amount. (a) HVF II, upon three (3) Business Days’ notice to the Administrative Agent, each Funding Agent, each Conduit Investor and each Committed Note Purchaser, may effect a permanent reduction (but without prejudice to HVF II’s right to effect an Investor Group Maximum Principal Increase with respect to any Investor Group or add any Additional Investor Group in the future, in each case in accordance with Section 2.1) of the Series 2013-B Maximum Principal Amount and a corresponding reduction of each Maximum Investor Group Principal Amount; provided that, with respect to any such reduction effected pursuant to this clause (a), (i) any such reduction (A) will be limited to the undrawn portion of the Series 2013-B Maximum Principal Amount, although any such reduction may be combined with a Decrease effected pursuant to and in accordance with Section 2.3, and (B) must be in a minimum amount of $10,000,000; provided that, solely for the purposes of this Section 2.5(a)(i), such undrawn portion of the Series 2013-B Maximum Principal Amount shall not include any then unfunded Delayed Amounts relating to any Advance the notice with respect to which HVF II shall not have revoked as of the date of such reduction, and (ii) after giving effect to such reduction, the Series 2013-B Maximum Principal Amount equals or exceeds $100,000,000, unless reduced to zero. (b) HVF II, upon three (3) Business Days’ notice to the Administrative Agent, each Funding Agent, each Conduit Investor and each Committed Note Purchaser, may effect a reduction (without prejudice of HVF II’s right to effect an Investor Group Maximum Principal Increase with respect to any Investor Group or add any Additional Investor Group in the future, in each case in accordance with Section 2.1) of the Series 2013-B Maximum Principal Amount and a corresponding reduction of each Maximum Investor Group Principal Amount; provided that, with respect to any such reduction effected pursuant to this clause (b), (i) any such reduction (A) will be limited to the undrawn portion of the Series 2013-B Maximum Principal Amount as of the date of such reduction, although any such reduction may be combined with a Decrease effected pursuant to and in accordance with Section 2.3, and (B) must be in a minimum amount of $10,000,000; provided that, solely for the purposes of this Section 2.5(b)(i), such undrawn portion of the Series 2013-B Maximum Principal Amount shall not include any then unfunded Delayed Amounts relating to any Advan...
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Related to Reduction of Series 2013-B Maximum Principal Amount

  • Limitation on Aggregate Principal Amount The aggregate principal amount of the Notes shall not be limited. The Company shall not execute and the Trustee shall not authenticate or deliver Notes except as permitted by the terms of the Indenture.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,006,549.92.

  • Calculation of Principal Amount of Notes The aggregate principal amount of the Notes, at any date of determination, shall be the principal amount of the 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 Notes, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes, the holders of which have so consented, by (b) the aggregate principal amount, as of such date of determination, of the Notes then outstanding, in each case, as determined in accordance with the preceding sentence, and Section 13.06 of this Indenture. Any calculation of the Applicable Premium made pursuant to this Section 2.13 shall be made by the Company and delivered to the Trustee pursuant to an Officers’ Certificate.

  • Original Class A Percentage The Original Class A Percentage is 96.09547893%

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Designation and Principal Amount There is hereby authorized and established a new series of Securities under the Base Indenture designated as the “3.500% Senior Notes due 2022,” which is not limited in aggregate principal amount. The initial aggregate principal amount of the 2022 Notes to be issued under this Supplemental Indenture shall be $500,000,000. The 2022 Notes are not Original Issue Discount Securities and were originally issued at a public offering price of 99.649%. Any additional amounts of 2022 Notes to be issued shall be set forth in a Company Order.

  • REMIC Certificate Maturity Date Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC is October 25, 2035.

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $ 350,274,594.21.

  • Determination of Amount Outstanding On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Administrative Agent shall promptly notify the Multicurrency Lenders and the Borrower thereof.

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