Additional Backstop Amount definition

Additional Backstop Amount means the backstop amount agreed to be provided by the Additional Backstop Parties, up to a maximum aggregate amount of US$201,500,000.
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Additional Backstop Amount means the amount of the New Loan agreed to be provided by the Additional Backstop Parties, up to a maximum aggregate amount of US$201,500,000.
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Examples of Additional Backstop Amount in a sentence

  • The Participation Shortfall (if any) shall be funded pro rata by the Initial Backstop Parties and the Additional Backstop Parties based on the Initial Backstop Parties' and the Additional Backstop Parties' respective proportions of the sum of the Initial Backstop Amount and the Additional Backstop Amount.

  • Cash on the Implementation Date in an amount equal to 2.25% of the Additional Backstop Amount.

  • The number of New Common Shares (when issued) equal to (x) 5,000,000 times (y) a fraction, the numerator of which is the Additional Backstop Amount and the denominator of which is the Maximum New Loan Amount.

  • Cash on the Implementation Date in an amount equal to 1.0% of the Additional Backstop Amount.

Related to Additional Backstop Amount

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.