Applicable Redemption Percentage definition

Applicable Redemption Percentage means one hundred ten percent (110%), unless the Event of Default is one specified under Section 14(A)(viii) or (ix), in which event it means one hundred fifty percent (150%).
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Applicable Redemption Percentage means 75%; provided that if only the First Purchase has occurred (and no other Purchase has occurred), the Applicable Redemption Percentage on any cumulative Excess Net Proceeds in excess of One Hundred Million Dollars ($100,000,000) shall be 25%. ACTIVE/115988407.2
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Applicable Redemption Percentage means, in the case of a redemption -------------------------------- of Series 1997 Preferred Stock pursuant to subparagraphs (e)(i) or (iii) hereof at any time during any Redemption Period set forth below, the Applicable Redemption Percentage set forth opposite such period: Applicable Redemption --------------------- Redemption Period Percentage ----------------- ---------- On or after September 30, 1997 but before September 30, 2001 105% On or after September 30, 2001 but before September 30, 2002 104.286% On or after September 30, 2002 but before September 30, 2003 103.571% On or after September 30, 2003 but before September 30, 2004 102.857% On or after September 30, 2004 but before September 30, 2005 102.143% On or after September 30, 2005 but before September 30, 2006 101.429% On or after September 30, 2006 but before September 30, 2007 100.714%
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Examples of Applicable Redemption Percentage in a sentence

  • For the purposes hereof, the Applicable Redemption Percentage shall mean the greater of (a) 50% or (b) the quotient obtained by dividing (y) the total outstanding balance owed to the Holder by the Company, by (z) the total market value (based on the closing price immediately prior to the delivery of the particular Advance Notice) of the number of authorized shares of the Company remaining available and reserved for issuance to the Holder.

  • The Issuer shall give written notice (a “Redemption Notice”) of its intent to redeem all or the Applicable Redemption Percentage of the Notes pursuant to this Section 2.16 to the Indenture Trustee (for subsequent distribution to the Noteholders), each Swap Provider and, to the extent the Agent's consent is not required to conduct such redemption, the Agent, at least 5 Business Days prior to the Redemption Date (which date shall be specified in such notice as the “Redemption Date”).

  • Following issuance of the Redemption Notice by the Issuer, the Issuer shall be required to purchase the entire Outstanding or the Applicable Redemption Percentage of Note Principal Balance of the Notes, as of the Redemption Date, for the Note Redemption Amount on such Redemption Date.


More Definitions of Applicable Redemption Percentage

Applicable Redemption Percentage means, if the Redemption Payment Date is (x) not more than one hundred twenty (120) days after the Closing Date, one hundred twenty-three and thirty-three one hundredths percent (123.33%); (y) more than one hundred twenty (120) but not more than one hundred eighty (180) days after the Closing Date, one hundred twenty-eight and thirty-three one hundredths percent (128.33%); and (z) more than one hundred eighty (180) days after the Closing Date, one hundred thirty-three and thirty-three one hundredths percent (133.33%).
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Related to Applicable Redemption Percentage

  • Redemption Percentage means:·on any Redemption Order Date, a fraction, expressed as a percentage:–the numerator of which is the aggregate number of Up MacroShares that are being redeemed and the denominator of which is the aggregate number of Up MacroShares that are outstanding prior to the redemption, in the case of the Up MacroShares; and –the numerator of which is the aggregate number of Down MacroShares that are being redeemed and the denominator of which is the aggregate number of Down MacroShares that are outstanding prior to the redemption, in the case of the Down MacroShares; or·on the Final Scheduled Termination Date or an Early Termination Date, a percentage equal to 100%.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Prepayment Distribution Percentage With respect to any Distribution Date and each Class of Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below:

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Make-Whole Redemption Amount means the sum of:

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Gross Redemption Yield means, with respect to a security, the gross redemption yield on such security, expressed as a percentage and calculated by the Financial Adviser on the basis set out by the UK Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 4, Section One: Price/Yield Formulae “Conventional Gilts/Double dated and Updated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date” (published 8 June 1998, as amended or updated from time to time) on a semi-annual compounding basis (converted to an annualised yield and rounded up (if necessary) to four decimal places) or on such other basis as the Trustee may approve;

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Termination Percentage has the meaning set forth in Section 2.2.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Valuation Percentage means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.