Examples of Aggregate Outstanding Principal Amount in a sentence
This Section 9.12 does not apply to a suit by the Trustee, a suit by a Noteholder pursuant to Section 9.9 or a suit by Noteholders of more than 10% of the Aggregate Outstanding Principal Amount of all Series of Notes.
VIS Interim Exchange I Amount(s): None (but, for the avoidance of doubt,Collateral Obligations and/or Cash Collateral may be subject to a Substitution and/or Release, in respect of which the VIS Interim Exchange II Amounts provision below will apply, at the same time as any reduction of the Aggregate Outstanding Principal Amount).
References in this Confirmation to a “Pro Rata Share” of any cash or other assets are to a proportion of such cash or assets determined by the Calculation Agent in its sole and absolute discretion equal to the proportion which the Outstanding Principal Amount of the Class [•] Notes bears to the Aggregate Outstanding Principal Amount of all the Notes.
This Section 9.12 does not apply to a suit by the Trustee, a suit by a Noteholder pursuant to Section 9.9, the Control Party or a suit by Noteholders of more than 10% of the Aggregate Outstanding Principal Amount of all Series of Notes.
For such purpose, the Calculation Agent shall, if necessary, make such determination after having converted the amount of such cash or assets and/or the Outstanding Principal Amount of the Class [•] Notes into the currency in which the Aggregate Outstanding Principal Amount is denominated at the relevant prevailing spot exchange rate as determined by the Calculation Agent in its sole and absolute discretion.