AHYDO Amount definition

AHYDO Amount means the amount sufficient, but not in excess of the amount necessary, to ensure that a note will not be an “applicable high yield discount obligation” within the meaning of Section 163(i)(l) of the Internal Revenue Code of 1986.

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AHYDO Amount means, as of any Interest Payment Date on or after the fifth anniversary of the issuance of this Note, the portion of the then-outstanding principal amount of this Note equal to the smallest amount, the timely payment of which hereunder on such Interest Payment Date shall cause this Note not to be an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Internal Revenue Code of 1986, as amended (the “Code”) (or any successor provision of similar import).

AHYDO Amount is defined in Section 7.14(a).

Examples of AHYDO Amount in a sentence

• Each payment of the AHYDO Amount shall be treated for tax purposes as a payment of original issue discount on such Notes to the extent that the original issue discount has accrued as of the date such payment is due and then as a payment of principal.

• The "AHYDO Amount" equals the amount such that the Notes will not be "applicable high yield discount obligations" within the meaning of Section 163(i)(1) of the Code.

• On each Interest Payment Date occurring after the fifth anniversary of the Restatement Date, Borrower shall prepay a portion of each Loan outstanding on such Interest Payment Date equal to the AHYDO Amount on such Interest Payment Date at a prepayment price equal to 100% of the portion so prepaid.

• Concurrently with such prepayment, Borrower shall deliver to the Administrative Agent and each Lender a statement setting forth, in reasonable detail, the calculation of such AHYDO Amount.

• On or before the end of the first accrual period following the fifth anniversary of the making of the first Revolving Loan hereunder, and on each Interest Payment Date thereafter, the Borrower shall make a payment with respect to such Loan in an amount equal to the Senior AHYDO Amount.

More Definitions of AHYDO Amount

AHYDO Amount means, with respect to each Loan as of any date, the minimum dollar amount of such Loan that if prepaid would be sufficient to ensure that such Loan is not an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Internal Revenue Code.

AHYDO Amount has the meaning specified in Section 2.05(b)(viii).

AHYDO Amount means, with respect to each discount note, the portion of such discount note sufficient, but not in excess of the portion necessary, to ensure that such discount note will not be an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Internal Revenue Code of 1986. Such amount will be approximately equal to (i) the excess of the adjusted issue price (as defined in Section 1272 of the Code) of a discount note on the redemption date over the original issue price thereof, less (ii) an amount equal to one year’s simple uncompounded interest on the original issue price of such discount note at a rate per annum equal to the yield to maturity on such note.

AHYDO Amount means the amount of the “Special Mandatory Redemption” required to be paid to holders of the Holdco Securities following the fifth anniversary of the Issue Date pursuant to Section 3.08 of the Holdco Indenture, as in effect on the date hereof.

AHYDO Amount has the meaning specified in Section 9.1 hereof. ------------

AHYDO Amount means the amount of the “Special Mandatory Redemption”, required to be paid to holders of the Holdings Notes following the fifth anniversary of the Closing Date pursuant to Section 3.08 of the Holdings Notes Indenture, as in effect on the date hereof.

AHYDO Amount means the amount sufficient, but not in excess of the amount necessary, to ensure that the Loans will not be an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Code.