Examples of Applicable Prepayment Percentage in a sentence
The "Optional Prepayment Amount" with respect to each Debenture means the greater of (a) the Benefit of the Bargain (as herein defined) as of the delivery date of the Optional Prepayment Notice and (b) the Applicable Prepayment Percentage (as herein defined) multiplied by the sum of the principal amount being prepaid plus all accrued and unpaid interest thereon and accrued and unpaid Conversion Failure Payments (if any) through the Effective Time of Prepayment.
The "Applicable Prepayment Percentage" means (A) 130% if the Effective Time of Prepayment is prior to the date which is 545 days following the First Closing Date (the "First Redemption Price Termination Date") and (B) 125% if the Effective Time of Prepayment follows the First Redemption Price Termination Date but is prior to the Scheduled Maturity Date.
Any prepayment of a portion of the Term Loan shall be subject to a prepayment premium in an amount equal to the Applicable Prepayment Percentage multiplied by the amount of the prepayment.
With respect to any amounts available at priority “sixth”, the “Principal Prepayment Percentage” shall equal (i) 40% of Available Payment Proceeds, until the aggregate amount of (x) IP Sale Proceeds and the (y) Applicable Prepayment Percentage of IP Settlement Proceeds equals $2,250,000,000 and (ii) thereafter, 50% of Available Payment Proceeds.
For more information on the Customer Referral Program, please see Endnote 8.