Aggregate Adjustment Amount definition

Aggregate Adjustment Amount means the amount by which (a) the Aggregate Negative Adjustment Amount (expressed as an absolute value) exceeds (b) the amount of Aggregate Closing Cash in excess of $1,500,000 (if any).

Aggregate Adjustment Amount means, on any Payment Date, the amount by which the Aggregate Principal Amount, after giving effect to any principal distributions made on all Classes on such Payment Date, exceeds the Aggregate Loan Balance as of the last day of the Due Period related to such Payment Date.

Aggregate Adjustment Amount. On any Payment Date, the amount, if any, by which the Aggregate Series Principal Balance before giving effect to any payments of principal on such Payment Date exceeds (i) the Aggregate Collateral Value minus (ii) the sum of Collateral Value of the Defaulted Assets and Collateral Value of the Delinquent Assets as of the last day of the Collection Period related to such Payment Date.

Examples of Aggregate Adjustment Amount in a sentence

• If the aggregate Exercise Price for the Warrant Shares is less than the Aggregate Adjustment Amount, then following the full Exercise of the Warrant the Company shall be liable to pay the shortfall between the aggregate Exercise Price for the Warrant Shares and the Aggregate Adjustment Amount to the Holder.

• The Aggregate Adjustment Amount shall not be used by the Exchange Agent for any purpose except as provided in this Plan of Arrangement and the Exchange Agent Agreement.

• For purposes of this Agreement, the “Estimated Purchase Price” shall mean the amount equal to: (I) the Transaction Value; plus (II) the Estimated Aggregate Adjustment Amount (which may be a positive or negative number).

• If the Estimated Aggregate Adjustment Amount less the Actual Aggregate Adjustment Amount is a negative number, then Buyer shall be obligated to pay Sellers a cash payment equal to the absolute value of such negative number.

• Any such payment, together with interest thereon at the rate of five percent (5%) per annum from the Closing Date through the date of payment, will be due and payable within ten (10) Business Days after the Actual Aggregate Adjustment Amount is finally determined as provided in this Section 2.2 and will be payable by wire transfer of immediately available funds to such account or accounts as shall be specified by Buyer or Sellers, as applicable, to the other Party in writing.

More Definitions of Aggregate Adjustment Amount

Aggregate Adjustment Amount shall have the meaning set forth in Section 1.2(a).

Aggregate Adjustment Amount means the aggregate amount that Seller has paid or spent, or committed to pay or spend, pursuant to (i) purchase price decreases pursuant to section 1.4.3(b) of each of the Multi-State Exchange Purchase Agreements, (ii) payments or purchases pursuant to section 5.2.11(a) of each of the Multi-State Exchange Purchase Agreements, and (iii) payments with respect to indemnification claims under Section 9.1(a), (b) or (c) of each of the Multi-State Exchange Purchase Agreements.

Aggregate Adjustment Amount means the amount equal to: (a) the Per Share Adjustment Amount, multiplied by (b) the total number of Selling Shareholders Shares;

Aggregate Adjustment Amount means, as of any date of determination, the sum of the Adjustment Amount for each Adjusted Program Vehicle leased under a Lease.”

Aggregate Adjustment Amount means an amount equal to the product of (x) $76,667 multiplied by (y) the number of days in the period commencing on August 16, 2004, and ending on the date on which the Effective Time occurs (including, for purposes of such calculation, August 16, 2004, and the date on which the Effective Time occurs)

Aggregate Adjustment Amount means an amount equal to the difference between Closing Date Working Capital and Base Working Capital. If Closing Date Working Capital exceeds Base Working Capital, the Aggregate Adjustment Amount shall be a positive number. If Base Working Capital exceeds Closing Date Working Capital, the Aggregate Adjustment Amount shall be a negative number.

Aggregate Adjustment Amount means, as of any date of determination, an amount equal to the sum of (a) the Overconcentration Amount, (b) the Excess Longer Term Receivable Amount, (c) the Excess Special Homes Receivables Amount, (d) the amount, if any, by which the aggregate Unpaid Balance of all Eligible Receivables relating to Homes that have been owned by CFC which are more than 450 but less than 540 days exceeds 1.50% of the sum of the Aggregate Employer Balances of all Eligible Receivables (other than Defaulted Receivables) as of the last day of the Monthly Period immediately preceding the date of calculation plus (e) the amount by which (i) the aggregate Unpaid Balance of all Eligible Receivables relating to Homes that have been owned by CFC which are more than 365 but less than 540 days, less the amount calculated under clause (d) above, exceeds (ii) 5.00% of the sum of the Aggregate Employer Balances of all Eligible Receivables (other than Defaulted Receivables) as of the last day of the Monthly Period immediately preceding the date of calculation plus (f) the aggregate Unpaid Balance of all Eligible Receivables relating to Homes that have been owned by CFC more than 540 days as of the last day of the Monthly Period immediately preceding the date of calculation.