Applicable Premium Amount means, with respect to this Note, as of any specified date prior to May 1, 2005, an amount equal to the interest that would have accrued on the outstanding principal amount of this Note during the period beginning on such date fixed and ending on May 1, 2005.
Applicable Premium Amount has the meaning assigned to such term in Section 3.04(d)(i).
Applicable Premium Amount means, with respect to this Note, as of any specified date prior to February 20, 2004, an amount equal to the interest that would have accrued on the outstanding principal amount of this Note during the period beginning on such date fixed and ending on February 20, 2004.
Examples of Applicable Premium Amount in a sentence
Such notice shall include a reasonably-detailed description of the consideration, if any, to be received by holders of Common Stock in connection with the related Change of Control and a calculation of the Applicable Premium Amount to be paid in respect of such prepayment.
Unless the holder elects prior to such date fixed for prepayment to convert this Note pursuant to Section 15 hereof, upon notice of prepayment being given as aforesaid, the Corporation covenants and agrees that it will prepay, on the date therein fixed for prepayment, the entire principal amount hereof together with interest accrued hereon and Applicable Premium Amount hereon to the date fixed for such prepayment.
More Definitions of Applicable Premium Amount
Applicable Premium Amount means, with respect to any Term Loan (or portion thereof) prepaid pursuant to Section 2.12 or 2.13(c), at any time prior to the date that is 12 months after the Closing Date, an amount equal to the then present value of the required interest payments not yet made on the principal amount of such Term Loan (or portion thereof) being prepaid that but for such prepayment would have been payable through the date that is 12 months after the Closing Date, calculated using a discount rate equal to the Treasury Rate as of the date of such prepayment plus 50 basis points.
Applicable Premium Amount if an Applicable Premium Event occurs under clause (c) or (d) above, the entire outstanding principal amount of the Term Loans shall be deemed to be subject to the Applicable Premium Event on the date on which such Applicable Premium Event occurs. “Applicable Premium Amount” means with respect to any Term Loans subject to an Applicable Premium Event, an amount equal to: (i) if the Applicable Premium Event occurs on or after the Closing Date to (but excluding) the date of the first anniversary of the Closing Date, 10% of the principal amount prepaid, (ii) if the Applicable Premium Event occurs on or after the first anniversary of the Closing Date to (but excluding) the date of the second anniversary of the Closing Date, 5% of the principal amount prepaid and (iii) if the Applicable Premium Event occurs on or after the date of the second anniversary of the Closing Date, 0%.
Applicable Premium Amount means with respect to any Term Loans subject to an Applicable Premium Event, an amount equal to: (i) if the Applicable Premium Event occurs on or after the Closing Date to (but excluding) the date of the first anniversary of the Closing Date, 10% of the principal amount prepaid, (ii) if the Applicable Premium Event occurs on or after the first anniversary of the Closing Date to (but excluding) the date of the second anniversary of the Closing Date, 5% of the principal amount prepaid and (iii) if the Applicable Premium Event occurs on or after the date of the second anniversary of the Closing Date, 0%.
Applicable Premium Amount has the meaning set forth in Section 2.04(c).
Applicable Premium Amount means, at any date, (x) if such prepayment is made with proceeds from the sale of 100% of the capital stock of the Company, with proceeds from an IPO consisting of the sale of substantially all of the outstanding capital stock of Holdings or any of its Subsidiaries (after giving effect to such IPO) or with loan proceeds received pursuant to any Security Capital Note, zero, and (y) in the case of any other prepayment (a) an amount equal to 2% of the aggregate principal amount being prepaid if such date is the first anniversary of the Closing Date, (b) an amount equal to 2% of the aggregate principal amount being prepaid minus the Reduction Percentage at such date if such date occurs after the first anniversary of the Closing Date but prior to the third anniversary of the Closing Date and (c) zero if such date occurs on or after the third anniversary of the Closing Date.
Applicable Premium Amount means, with respect to any prepayment of principal owing under the Notes pursuant to Section 4.1 or any acceleration of principal owing under the Notes pursuant to Section 11.1 (such prepaid or accelerated principal amount being herein called the "Called Principal"), an amount equal to the greater of (i) zero, and (ii) the excess of the Discounted Value of such Called Principal over the amount of such Called Principal. As used in this definition:
Applicable Premium Amount means for any Tranche B Note at any date, an amount equal to the following percentage of the principal amount of such Tranche B Note to be prepaid corresponding to the period in which such date occurs: (i) prior to March 31, 2000, 2%, (ii) from March 31, 2000 to but excluding March 31, 2001, 1% and (iii) from and after March 31, 2001, 0%.