Cross Default Amount definition

Cross Default Amount means, for a Party, the cross default amount, if any, set forth in the Cover Sheet for that Party.
Cross Default Amount means an amount equal to five percent (5%) of a Defaulting Party’s or Defaulting Party’s Guarantor’s (as applicable) Tangible Net Worth.
Cross Default Amount is the amount set forth in Section 1.06(f).

Examples of Cross Default Amount in a sentence

  • At such time that Seller proposes to satisfy its Performance Assurance obligation by means of a Guaranty Agreement, Seller shall submit to SCE a Notice containing (x) financial statements and other information regarding the proposed Guarantor, (y) the proposed Cross Default Amount and (z) Credit Ratings and other relevant information provided by S&P or Xxxxx’x.

  • Notwithstanding anything to the contrary contained in the EEI Agreement, Seller’s Exposure to Buyer for this Transaction is deemed to be zero dollars ($0.00).Notwithstanding anything to the contrary in Section 5.1(g) of the EEI Agreement, no Cross Default Amount shall be applicable to Buyer for this Confirmation.

  • SCE shall approve both the Guarantor and the Cross Default Amount in its discretion.

  • Events of Default; Remedies  Party A: Cross Default Amount $ ■ Other Entity: Enron Corp.

  • Value of our assets or liabilities measured at fair value, such as equity interests in listed companies and non-listed underlying investment interests, derivative financial instrument component of the Convertible Bonds, and biological assets, are measured at the fair value at the end of each reporting period, with the changes in fair value recognized in current profit and loss.


More Definitions of Cross Default Amount

Cross Default Amount means the dollar amount set forth in Section 1.09(c).
Cross Default Amount means the dollar amount set forth in Section 1.07(c).
Cross Default Amount has the meaning set forth in Section 8.10(a);
Cross Default Amount. Section 1.24 “Gains”
Cross Default Amount has the meaning set forth on the Cover Sheet.
Cross Default Amount means the cross default amount, if any, set forth on the Schedule for a Party.
Cross Default Amount means, as of any date of determination, an amount equal to the lesser of (i) $100,000,000 or (ii) 5% of Tangible Net Worth as of the last day of the then most recently ended Fiscal Quarter with respect to which the Company has delivered (electronically or otherwise) the financial statements required by Section 7.1(a) or, if the Company is delinquent in the delivery of such financial statements with respect to the most recently ended Fiscal Quarter, 5% of Tangible Net Worth as reasonably determined by the Administrative Agent.