Dedicated Amount definition

Dedicated Amount means the sum of the aggregate principal amount of Fixed Rate Loans and the aggregate face amount of Supported Commercial Paper which, in each case, are outstanding at the time the Borrower or a Subsidiary receives Net Cash Proceeds of the related Reduction Event. The Dedicated Amount shall be reduced (i) at each subsequent maturity of such Supported Commercial Paper by the amount then maturing and (ii) on the last day of the Interest Period applicable to each such Fixed Rate Loan by the principal amount of such Fixed Rate Loan.
Dedicated Amount means the amount on deposit in the Dedicated Debt Service Reserve Sub-Account, which amount is irrevocably dedicated to payment of the Loan Balance.
Dedicated Amount means the sum of the aggregate principal amount of Euro-Dollar Loans and the aggregate face amount of Supported Commercial Paper which, in each case, is outstanding at the time the Borrower or a Subsidiary receives Net Cash Proceeds of the related Reduction Event. The Dedicated Amount shall be reduced at each subsequent maturity of such Euro-Dollar Loans and such Supported Commercial Paper by the amount then maturing.

Examples of Dedicated Amount in a sentence

  • The Dedicated Amount will be published on the website of Eurex Clearing AG (www.eurexclearing.com).

  • Any amount received by Eurex Clearing AG from the relevant Bonds Non- Bidding Participant shall be added to, and forthwith be part of, the Dedicated Amount of Eurex Clearing AG in accordance with Number 6.1.3. If, upon the occurrence of a Realisation Event, any Contributions to the Clearing Fund of the Bonds Non-Bidding Participant are realised, the amount calculated in accordance with this provision shall be reduced by the sum of the realised Contributions (but shall in no case be a negative amount).

  • The Dedicated Amount is used in full before any non-defaulted Clearing Member’s Contributions to the Default Fund are used.

  • After the Contributions to the Default Fund provided by the defaulted Clearing Member have been exhausted, the Dedicated Amount provided by Eurex Clearing as its own contribution to the Default Fund, is used.

  • Simultaneously to Clearing Members providing assessments, Eurex Clearing provides additional financial resources as well, known as the Further Dedicated Amount.

  • Assessments from non-defaulting CMs, which do not qualify as “bad bidders”, can only be requested, if Eurex Clearing itself simultaneously provides further own funds to the Default Fund up to an amount of EUR 300.0m (so-called Further Dedicated Amount).

  • At the beginning of each Contract Year, NV Energy will review the Dedicated Amount and adjust it accordingly to correspond with any changes to the RPS from the previous Contract Year.

  • The Further Dedicated Amount is used simultaneously to the assessments on a pro rata basis.

  • If the defaulted Clearing Member’s resources are insufficient to cover all losses, Eurex Clearing’s own contribution to the default waterfall, known as the Dedicated Amount, is applied.

  • Whenever the non-defaulted Clearing Members are required to provide Further Contributions to the Default Fund (assessments), Eurex Clearing also increases its own contribution, by providing the Further Dedicated Amount.


More Definitions of Dedicated Amount

Dedicated Amount means [ ] kWhs per Contract Year.1
Dedicated Amount means [ ] kWhs per Contract Year, and as more specifically described in Exhibit A.
Dedicated Amount means the sum of the aggregate principal amount of Euro-Dollar Loans and the aggregate face amount of Supported Commercial Paper which, in each case, are outstanding at the time the Borrower or a Subsidiary receives Net Cash Proceeds of the related Reduction Event. The Dedicated Amount shall be reduced (i) at the last day of the then current Interest Period(s) for such Euro-Dollar Loans and (ii) at each subsequent maturity of such Supported Commercial Paper by the related amount of Euro-Dollar Loans or maturing Supported Commercial Paper, as the case may be. "Supported Commercial Paper" means commercial paper of the Borrower which requires liquidity support in the form of undrawn bank commitments and for which no such commitments other than the Commitments are available. At any time at which the Borrower has other committed bank facilities available as liquidity support for commercial paper, outstanding commercial paper shall be allocated first to such other facilities, so that only the amount which cannot be supported thereby shall constitute Supported Commercial Paper. Such allocation to other facilities shall be in inverse order of maturity, so that the earliest maturing commercial paper shall be Supported Commercial Paper. The Borrower shall notify the Servicing Agent within two Business Days of receipt by it or a Subsidiary of Net Cash Proceeds of a Reduction Event, specifying the date and amount thereof and, if the provisions of clause (ii) relating to Supported Commercial Paper are applicable, setting forth sufficient information with respect thereto to determine the resultant schedule for reduction of the Commitments.

Related to Dedicated Amount

  • Allocated Amount has the meaning set forth in Section 2.6 hereof.

  • Uncommitted Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Designated Amount means the lesser of:

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.

  • Restricted Amount has the meaning set forth in Section 2.11(b)(iv).

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Declined Amount as defined in Section 2.12(e).

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one quarter of one percent (0.25%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

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

  • Reassignment Amount means, for a Payment Date, the sum of (a) the Note Balance of the Series 20 - Notes on that Payment Date, plus (b) the Accrued Note Interest for each Class for that Payment Date, plus (c) any other amounts due and payable by the Issuer on that Payment Date for Series 20 - , in each case, after giving effect to any payments to be made on that Payment Date.

  • Excluded Amount means, as of any date of determination, with respect to any Asset: (a) any amount that is attributable to the reimbursement of payment by the applicable Borrower of any tax, fee or other charge imposed by any Governmental Authority on such Asset, (b) any interest or fees (including origination, agency, structuring, management or other up-front fees) that are for the account of the applicable Person from whom the applicable Borrower purchased such Asset, (c) any reimbursement of insurance premiums relating to such Asset, (d) any escrows relating to taxes, insurance and other amounts in connection with such Asset which are held in an escrow account for the benefit of the applicable Borrower pursuant to escrow arrangements under the Investment Documents and (e) any amount deposited into the Asset Account in error.

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Available Commitment means a Lender’s Commitment minus:

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class C( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class C( - ) Adverse Event, the Nominal Liquidation Amount of the Class C( - ) Notes, and (iii) in all other circumstances, zero.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 0.25%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Stated Amount of any Letter of Credit shall mean the maximum amount from time to time available to be drawn thereunder, determined without regard to whether any conditions to drawing could then be met.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).