Applicable Premium definition

Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:
Applicable Premium means, with respect to any Note on any redemption date, the greater of:
Applicable Premium means the greater of (A) 1.0% of the principal amount of such Note and (B) on any redemption date, the excess (to the extent positive) of:

Examples of Applicable Premium in a sentence

  • Any Applicable Premium Deficit shall be set forth in an Officer’s Certificate delivered to the Trustee simultaneously with the deposit of such Applicable Premium Deficit that confirms that such Applicable Premium Deficit shall be applied toward such redemption.

  • Neither the Trustee nor any of the Agents will be responsible for calculating or verifying the Applicable Premium.

  • The notice need not set forth the Applicable Premium but only the manner of calculation of the redemption price.

  • Notice of redemption need not set forth the Applicable Premium but only the manner of calculation of the redemption price.

  • Any Applicable Premium Deficit shall be set forth in an Officers’ Certificate delivered to the Trustee simultaneously with the deposit of such Applicable Premium Deficit that confirms that such Applicable Premium Deficit shall be applied toward such redemption.


More Definitions of Applicable Premium

Applicable Premium means, with respect to any Note on any applicable redemption date, as determined by the Issuer, the greater of:
Applicable Premium means, as calculated by the Company and provided to the Trustee, with respect to any Note on any redemption date, the greater of:
Applicable Premium means, with respect to any Note on any applicable redemption date, the greater of (i) 1.0% of the then outstanding principal amount of such Note and (ii) the excess of:
Applicable Premium means, with respect to a Note on any date of redemption, the greater of:
Applicable Premium means, with respect to a Security at any Redemption Date, the greater of (i) 1.0% of the principal amount of such Security and (ii) the excess of (A) the present value at such time of (1) the redemption price of such Security at May 1, 2003 (such redemption price being described under "Optional Redemption") plus (2) all required interest payments due on such Security through May 1, 2003, computed using a discount rate equal to the Treasury Rate plus 50 basis points, over (B) the principal amount of such Note.
Applicable Premium means, with respect to a Note at any redemption date, the greater of (x) 1.0% of the principal amount of such Note and (y) the excess of (A) the present value at such time of (1) redemption price of such Note as of June 15, 2011 (without regard to accrued and unpaid interest) plus (2) all required interest payments due on such Note through June 15, 2011, computed using a discount rate equal to the Treasury Rate plus 50 basis points, over (B) the principal amount of such Note.
Applicable Premium means, with respect to a Note at any Redemption Date, the greater of (i) 1.0% of the principal amount of such Note and (ii) the excess of (A) the present value at such Redemption Date of (1) the Redemption Price of such Note on April 15, 2015, (such Redemption Price being set forth in the table appearing in Section 1101 plus (2) all required remaining scheduled interest payments due on such note through such date (excluding accrued but unpaid interest to the Redemption Date), computed using a discount rate equal to the Treasury Rate plus 50 basis points, over (B) the principal amount of such note on such Redemption Date, as calculated by the Company or on behalf of the Company by such Person as the Company shall designate; provided that such calculation shall not be a duty or obligation of the Trustee.