Discounted Prepayment Amount definition

Discounted Prepayment Amount as defined in Section 2.29(b).

Discounted Prepayment Amount has the meaning specified in Section 4.1(a).

Discounted Prepayment Amount has the meaning ascribed thereto in Section 1.7(d)(ii). 140

Examples of Discounted Prepayment Amount in a sentence

• Pursuant to Section 4.4(h)(iv) of the Credit Agreement, the Borrower hereby notifies you that it accepts offers delivered in response to the Solicited Discounted Prepayment Notice having an Offered Discount equal to or greater than [●]% (the “Acceptable Discount”) in an aggregate amount not to exceed the Solicited Discounted Prepayment Amount.

• The Proposed Discounted Prepayment Amount shall not be less than $1,000,000 (unless otherwise agreed by the Administrative Agent).

• If the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would be less than or equal to the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay all Qualifying Loans.

• Pursuant to subsection 3.4(j)(iv) of the Credit Agreement, the Borrower hereby notifies you that it accepts offers delivered in response to the Solicited Discounted Prepayment Notice having an Offered Discount equal to or greater than [·]% (the “Acceptable Discount”) in an aggregate amount not to exceed the Solicited Discounted Prepayment Amount.

• If the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would be less than the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay all Qualifying Loans.

• If the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would be less than the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the relevant Borrower shall prepay all Qualifying Loans.

• Pursuant to Section 2.11(a)(ii)(D) of the Agreement, the [Parent/Co-] Borrower hereby irrevocably notifies you that it accepts offers delivered in response to the Solicited Discounted Prepayment Notice having an Offered Discount equal to or greater than [•]% in respect of the Term Loans [and [•]% in respect of the [•, 20•]38 tranche[(s)] of Term Loans] (the “Acceptable Discount”) in an aggregate amount not to exceed the Solicited Discounted Prepayment Amount.

• Pursuant to Section 2.05(a)(v)(D) of the Credit Agreement, the Borrower hereby notifies you that it accepts offers delivered in response to the Solicited Discounted Prepayment Notice having an Offered Discount equal to or greater than [•]% (the “Acceptable Discount”) in an aggregate amount not to exceed the Solicited Discounted Prepayment Amount.

• The Proposed Discounted Prepayment Amount of any Loans shall not be less than $5.0 million.

• The Proposed Discounted Prepayment Amount of any Loans shall not be less than $5,000,000 (or, the same numerical number with respect to the applicable Alternate Currency in the case any Loans denominated in an Alternate Currency).

More Definitions of Discounted Prepayment Amount

Discounted Prepayment Amount shall have the meaning set forth in Section 3.6(e) hereof.

Discounted Prepayment Amount means, at any time during any Earnout Year set forth below, the Undiscounted Prepayment Amount at such time multiplied by the discount rate set forth opposite such Earnout Year: Earnout Year Rate ------------ ---- ending in 1997 0.85 ending in 1998 0.92 ending in 1999 0.95 ending thereafter 1.00

Discounted Prepayment Amount shall have the meaning set forth in Section 2.23(a)(i).

Discounted Prepayment Amount has the meaning specified in Section 5.1.