Applicable Premium Amount definition

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.
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Applicable Premium Amount has the meaning assigned to such term in Section 3.04(d)(i).
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Applicable Premium Amount has the meaning set forth in Section 2.04(c).
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Examples of Applicable Premium Amount in a sentence

  • 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.

  • 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.

  • The Borrower and each Guarantor expressly acknowledges that its agreement to pay the Applicable Premium Amount and the Make Whole Amount to the Lenders as herein described is a material inducement to the Lenders to provide the Commitments and make the Loans.

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  • Any Applicable Premium Amount and the Make Whole Amount payable above shall be presumed to be the liquidated damages sustained by the Lenders as the result of payment or acceleration, as applicable, prior to the Maturity Date and the Borrower and Guarantors agree that the Applicable Premium Amount and the Make Whole Amount are reasonable under the circumstances currently existing.

  • If the KPP Companies do not timely deliver such certificate to all Holders or if less than the Requisite Holders agree with the Partnership's calculation of the Applicable Premium Amount contained in such certificate, the Requisite Holders may calculate or recalculate, as the case may be, the Applicable Premium Amount of the Notes held by all Holders to be so prepaid, which calculation shall be binding upon the KPP Companies and the other Holders absent manifest error.

  • Payments of interest on the principal amount prepaid hereunder and the Applicable Premium Amount related thereto, if any, will be allocated among the Holders of Notes of the applicable series in proportion, as nearly as may be, to the respective unpaid principal amounts of the Notes of such series held by them.


More Definitions of Applicable Premium Amount

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.
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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%.
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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%.
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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%.
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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.
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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:
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Related to Applicable Premium Amount

  • Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:

  • Premium Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Applicable Principal Amount means the aggregate principal amount of the Senior Notes that are components of Corporate Units.

  • Applicable Prepayment Percentage means, at any time, for purposes of Section 4.02(e) and the definition of “Retained Excess Cash Flow Amount,” 50%; provided that, so long as no Default or Event of Default is then in existence, if the Total Leverage Ratio is less than 3.50:1.00 as at the last day of the most recently ended Fiscal Year of the U.S. Borrower (as set forth in an officer’s certificate delivered pursuant to Section 8.01(d) for the Fiscal Year of the U.S. Borrower then last ended), the Applicable Prepayment Percentage shall instead be 0%.

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Attributable Principal Amount means (a) in the case of Capital Leases, the amount of Capital Lease obligations determined in accordance with GAAP, (b) in the case of Synthetic Leases, an amount determined by capitalization of the remaining lease payments thereunder as if it were a Capital Lease determined in accordance with GAAP, (c) in the case of Securitization Transactions, the outstanding principal amount of such financing, after taking into account reserve amounts and making appropriate adjustments, determined by the Administrative Agent in its reasonable judgment and (d) in the case of Sale and Leaseback Transactions, the present value (discounted in accordance with GAAP at the debt rate implied in the applicable lease) of the obligations of the lessee for rental payments during the term of such lease.

  • Subordination Increase Amount As to any Distribution Date, the lesser of (i) the Subordination Deficiency and (ii) the Excess Interest.

  • Increase Amount is defined in Section 2.3(a).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Make-Whole Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such Note over the amount of such Called Principal, provided that the Make-Whole Amount may in no event be less than zero. For the purposes of determining the Make-Whole Amount, the following terms have the following meanings:

  • Adjusted Collateral Principal Amount means, as of any date of determination:

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Current Principal Amount With respect to any Certificate (other than an Interest Only Certificate) as of any Distribution Date, the initial principal amount of such Certificate, and reduced by (i) all amounts distributed on previous Distribution Dates on such Certificate with respect to principal, (ii) the principal portion of all Realized Losses allocated prior to such Distribution Date to such Certificate, taking account of the Loss Allocation Limitation and (iii) in the case of a Subordinate Certificate, such Certificate's pro rata share, if any, of the applicable Subordinate Certificate Writedown Amount for previous Distribution Dates. With respect to any Class of Certificates (other than an Interest Only Certificate), the Current Principal Amount thereof will equal the sum of the Current Principal Amounts of all Certificates in such Class. Notwithstanding the foregoing, solely for purposes of giving consents, directions, waivers, approvals, requests and notices, the Class R-I, Class R-II and Class R-III Certificates after the Distribution Date on which they each receive the distribution of the last dollar of their respective original principal amount shall be deemed to have Current Principal Amounts equal to their respective Current Principal Amounts on the day immediately preceding such Distribution Date.

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.

  • Substitution Principal Amount With respect to any Mortgage Loan substituted in accordance with Section 2.02 or pursuant to Section 2.03, the excess of (x) the unpaid principal balance of the Mortgage Loan which is substituted for over (y) the unpaid principal balance of the Substitute Mortgage Loan, each balance being determined as of the date of substitution.

  • Final Payment Percentage is five percent (5.00%).

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Accelerated Principal Amount for a Distribution Date will equal the lesser of

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.