Elected Cash Amount definition

Elected Cash Amount means, in the case of a Pre-Formation Participant that has made a Valid Election to receive its Contribution Consideration in the form of cash, an amount of cash equal to the product determined by multiplying the number of REIT Shares to which such Contributor would have been entitled as Contribution Consideration by the IPO Price.
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Elected Cash Amount means the sum of (A) the product of (i) the Cash Option, and (ii) the aggregate number of Minefinders Shares in respect of which holders elect the Cash Option, plus (B) the product of (a) $1.84, and (b) the aggregate number of Minefinders Shares in respect of which holders elected or are deemed to have elected the Full Proration Option;
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Elected Cash Amount has the meaning set out in Section 3.2(b)(i);
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Examples of Elected Cash Amount in a sentence

  • In that case, the Aggregate Elected Cash Amount determined by Bancshares will be prorated among and paid to the Bank Common shareholders who elected to receive a cash payment pursuant to subparagraph (c) above.

  • Any amount due in excess of the Aggregate Elected Cash Amount shall be paid by delivering Bancshares Class A Common Shares valued at $362.20 per share, in lieu of cash, subject, however, to the provision that no Bancshares fractional shares will be issued (meaning that the consideration for what would have been Bancshares fractional Class A Common Shares shall also be paid in cash).

  • If a Participant materially breaches any provision of the Participation Agreement or the Release, the Administrator may determine that he or she (i) will forfeit any unpaid portion of the Severance Payment and (ii) will repay to the Company any portion of the Severance Payment previously paid to him or her.

  • If more than the Maximum Cash Amount is elected pursuant to the Cash Option it will be necessary to pro rate the Maximum Cash Amount among those holders who elected to receive cash and pay the balance of the Elected Cash Amount in Units.

  • If, after the Effective Time, any such holder fails to perfect (or otherwise loses) any such right to appraisal, then each such RESI Equity Interest of such holder will be treated as a RESI Equity Interest that had been converted as of the Effective Time into the right to receive its portion of the Merger Consideration strictly through the Elected Cash Amount, without interest.

  • If such holder of the RESI Equity Interest is not an Accredited Investor, but has made a Valid Election to receive cash and has submitted a Sale Consent (as defined below), such holder shall receive from the Operating Partnership the Elected Cash Amount.

  • By making an election to be an Electing Equity Recipient, an Eligible Reallocation Creditor agrees to contribute to the Reallocation Liquidity Pool some or all of the Cash (other than Cash representing the Separate Bank Settlement Payment) and New NRG Senior Notes comprising the respective Elected Cash Amount and Elected Debt Amount it would otherwise receive in respect of its Allowed Claims in Class 5 or Class 6 under Article IV hereof.

  • Any amount due in excess of the Aggregate Elected Cash Amount shall be paid by delivering Per Share Stock Consideration, in lieu of Per Share Cash Consideration, subject, however, to the provision in Section 1.10 that no Royal fractional shares will be issued (meaning that the consideration for what would have been fractional shares of Royal Class AA Common Stock shall also be paid in cash).

  • If more than the Maximum Cash Amount is elected pursuant to the Cash Option it will be necessary to pro-rate the Maximum Cash Amount among those holders who elected to receive cash and pay the balance of the Elected Cash Amount in Units.

  • If more than the Maximum Cash Amount is elected pursuant to the Cash Option, it will be necessary to pro rate the Maximum Cash Amount among those holders who elected to receive cash and pay the balance of the Elected Cash Amount in Units.


More Definitions of Elected Cash Amount

Elected Cash Amount means the product of (1) the Cash Option, and (2) the aggregate number of Company Common Shares in respect of which holders elect the Cash Option (following any deemed election provided for in Section 2.4(b) and prior to any deemed election provided for in Section 2.3).
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Elected Cash Amount means the amount of Cash Consideration (as defined in the Definitive Agreement) that the holders of Xxxxx Xxxxx Shares elect to receive on Closing (as defined in the Definitive Agreement) under the terms of the Definitive Agreement.
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Related to Elected Cash Amount

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

  • 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.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • 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.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • 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).

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

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

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

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

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

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

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Formula Principal Distribution Amount means, as of any Remittance Date, the sum of:

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as reasonably determined by the Borrower, but excluding any Cure Amount and any Contribution Indebtedness Amount) received (or deemed to be received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Estimated Cash has the meaning set forth in Section 2.4(a).