Buyback Amount definition

Buyback Amount a sum of money equal to the value of nominal value of the outstanding principal of the Limited Recourse Loan advanced to the Loan Originator in respect of a particular Buyback Listed Loan (plus accrued interest), or the Sales Price agreed in the Repurchase Agreement.
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Buyback Amount means the product of (i) the number of shares of the Company's Common Stock actually tendered by the Buyer to the Company pursuant to the Buyback and (ii) the sum of $1.50 and interest on such $1.50 at an interest rate of 6.5% per annum, compounded annually, and computed from the date of this Agreement to the date of the Buyback. -4- 5 (ii) "Maximum Amount" means a number of shares of the Company's common stock equal to the product of 2,000,000 and
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Buyback Amount has the meaning specified in subsection 2.4C(ii).
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Examples of Buyback Amount in a sentence

  • If TechForward grades the Device as Poor, the Buyback Amount will be adjusted down by 50%.

  • If TechForward grades the Device as Good, no adjustment will be made to the Buyback Amount.

  • During the First Period, the Buyback Amount will be 50% of Device Retail Price, subject to the condition of the Device.

  • During the Fourth Period, the Buyback Amount will be 20% of the Device Retail Price, subject to the condition of the Device.

  • If the Device is postmarked during the Late Fee Period, TechForward will reduce the Buyback Amount associated with the last Subperiod by 20%, unless an exception has been granted by TechForward in accordance with paragraph 10(h).

  • If the Device is considered to be a Rejected Device, the Plan will be terminated with no refund of Your Service Fee or payment of the Buyback Amount, and you will be notified by e-mail and/or in a secure area on TechForward's website within thirty (30) days of receipt of Device by TechForward ("Rejection Notification").

  • TechForward hereby grants to You an option to sell to TechForward, and TechForward hereby agrees to buy, the Device at a Buyback Amount according to the schedule set forth in this Agreement, on the Materials, or in the online terms of sale, as applicable, subject to the conditions set forth in this Agreement.

  • If You exercise the Plan in accordance with the terms of this Agreement, TechForward in its sole discretion or the discretion of any of its agents reserves the right to adjust the Buyback Amount according to the following grading system.

  • Payment of the Buyback Amount by TechForward shall be made within sixty (60) days following receipt of the Device by TechForward, subject to the Acceptance Testing set forth in Paragraph 8.

  • If TechForward determines the Device to be in Excellent condition, You will be eligible to receive a bonus payment that increases your Buyback Amount by 15%.


More Definitions of Buyback Amount

Buyback Amount shall equal that number of shares of Class B Common Stock equal to X(Y/(Y+Z)) where "X" shall equal the number of shares of Class B Common Stock owned by such Defaulting Stockholder or Non-Participating Stockholder, as the case may be) immediately prior to the capital call that is the subject of such default or non-participation; "Y" shall equal the dollar amount of such Stockholder's portion of the most recent Capital Call made pursuant to Section 3.1 of the Stock Purchase Agreement that the Defaulting Stockholder failed to fund or Non-Participating Stockholder declined to fund (or such Defaulting Stockholder or Non-Participating Stockholder was ineligible to fund, as the case may be); and "Z" shall equal the sum of (i) the aggregate purchase price paid and capital contributions made by such Defaulting Stockholder or Non-Participating Stockholder pursuant to Section 2.1 and Section 3.1 of the Stock Purchase Agreement and (ii) the aggregate amount of all Capital Calls that such Defaulting Stockholder or Non-Participating Stockholder was ineligible to fund prior to the current Capital Call, if any.
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Related to Buyback Amount

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Closing Amount has the meaning set forth in Section 2.3.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Refund Amount means the maximum refund that is admissible;

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Clawback Amount means the “Clawback Amount” and the “Interim Clawback Amount,” both as defined in Article One of the BREP VII Partnership Agreement, and any other clawback amount payable to the limited partners of BREP VII or to BREP VII pursuant to any BREP VII Agreement, as applicable.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.