Adjusted Distributable Amounts means, in respect of any date, the distributable amounts (bunpai kano gaku) of the Company on such date as calculated in accordance with the Company Law, after deducting the sum of any dividend or interest (including Additional Amounts with respect thereto, or any amounts with respect thereto substantially similar to Additional Amounts, as applicable, if any) that has been paid in respect of the Securities, any Parity Securities and any Junior Securities (as defined below) from the beginning of the fiscal year of the Company in which such date falls until the date immediately preceding such date.
Adjusted Distributable Amounts shall have the meaning set forth in Section 3.11.
Adjusted Distributable Amounts means, in respect of any date, the distributable amounts (bunpai kano gaku) of the Company on such date as calculated in accordance with the Company Law after deducting the sum of any dividend or interest (including additional amounts with respect thereto, or any amounts with respect thereto substantially similar to the Additional Amounts, as applicable, if any) that has been paid in respect of the Securities, any Parity Securities and any Junior Securities from the beginning of the fiscal year of the Company in which such date falls until the date immediately preceding such date. For the purposes of the calculation of the Interest Payable Amounts or the Adjusted Distributable Amounts, any dividend or interest (including the Additional Amounts with respect thereto, or any amounts with respect thereto substantially similar to the Additional Amounts, as applicable, if any) shall be deemed to be paid in respect of the Securities, any Senior Dividend Preferred Shares, any Parity Securities and any Junior Securities on the date without any adjustments resulting from the methods of determining the Business Days in relation to the Securities and the business days in relation to any Senior Dividend Preferred Shares, Parity Securities and Junior Securities. For the purposes of the calculation of the Interest Payable Amounts or the Adjusted Distributable Amounts, the amounts of interest or dividends (including the Additional Amounts with respect thereto, or any amounts with respect thereto substantially similar to the Additional Amounts, as applicable, if any) in respect of the Securities, any Senior Dividend Preferred Shares, Parity Securities and Junior Securities that are not denominated in Japanese yen shall be calculated in Japanese yen in a manner that the Company deems appropriate, and the Interest Payable Amounts and the amount of interest (including the Additional Amounts with respect thereto, if any) on the Securities that is required to be cancelled on such interest payment date shall be initially calculated in Japanese yen and converted into U.S. dollars or any other currency in which any series of the Securities are denominated in a manner that the Company deems appropriate. The Trustee and the Paying Agent shall not be required to calculate or verify any amount or monitor the compliance by the Company of its obligations under Article 3.
More Definitions of Adjusted Distributable Amounts
Adjusted Distributable Amounts means, as more fully defined in the accompany prospectus, in respect of any date, the distributable amounts (bunpai kano gaku) of the Company on such date as calculated in accordance with the Company Law of Japan, after deducting the sum of any dividend or interest that has been paid in respect of the Securities, any Parity Securities and any Junior Securities (as defined in the accompanying prospectus) from the beginning of the fiscal year of the Company in which such date falls until the date immediately preceding such date.