Examples of Additional Prepayment Amount in a sentence
In the case of (B) or (C), the amount escrowed or the stated amount of the letter of credit, as the case may be, must be at least equal to the sum of the Additional Prepayment Amount plus the Administrative Agent’s estimate of interest payable on the Additional Prepayment Amount over the next one (1) month following the disposition of the Facility or the Property Company.
Such written notice of prepayment shall (i) either (A) confirm that the Additional Prepayment Amount shall be paid entirely in Common Shares or (B) elect to pay the Additional Prepayment Amount in cash or as a combination of cash and Common Share and specify the portion of the Additional Prepayment Amount that will be paid in Common Shares and the portion of the Additional Prepayment Amount that will be paid in cash and (ii) if applicable, certify that the Equity Conditions are satisfied.
The Base Prepayment Amount shall be paid in cash and the Additional Prepayment Amount shall be paid in Common Shares provided that the Equity Conditions are satisfied (or waived by the Holder), or, at the Company’s option, following notice to the Holder, in cash or in a combination of cash and Common Shares.
The Borrowers have requested that the Lenders give a limited waiver of the Section 8.13 Limitation (this "Limited Waiver") to permit the Borrowers to prepay up to $10,000,000 more of the Tranche B Loans than would otherwise be permitted by Section 8.13 (the "Additional Prepayment Amount").
The Limited Waiver set forth in this §3 is effective only with respect to prepayments (which shall not exceed the Additional Prepayment Amount) that are made on or before April 30, 2004.