Eligible Amount definition
Examples of Eligible Amount in a sentence
Each Holder may elect to participate in such Eligible Offering (up to the Eligible Amount) by delivering written notice of such Holder’s election to the Corporation within five (5) days after the Corporation’s delivery of the notice provided under this Section 13(f).
To the extent that any shares of Common Stock are being offered for the account of selling stockholders in the Qualified Public Offering (an “Eligible Offering”), each Holder shall be permitted to participate in such Eligible Offering and to sell an Eligible Amount of the shares of Common Stock issuable upon conversion of such Holder’s Preferred Shares.
IMPLEMENTATION PERIOD (FEE NOT TO EXCEED $200,000) ----------------------------------------------------------------------------------------------------- Maximum Monthly Proposed Monthly Number of Months Period Amount per Eligible Amount per Eligible in Period (Column 1) (Column 2) (Column 3) ----------------------------------------------------------------------------------------------------- B.
The amount eligible for acceleration (Eligible Amount) is equal to the death benefit payable upon the death of the Insured.
The Capitalization Treatment will be as described above under Section II.D.1, provided that (a) in the case of Other Electing Claims denominated in Pesos, the principal amounts of New Notes issuable in respect of such Claims will be determined by converting the Eligible Amount of such Claims into Dollars at the exchange rate in effect on September 30, 2002 and (b) no creditors other than the Existing Noteholders are entitled to the Restructuring Fee.