Extra Amount definition
Examples of Extra Amount in a sentence
Substandard Rating (Table, Mortality Percentage, Flat Extra Amount and Duration; Show Multiple of Standard for ADB or WP.) J.
Subject always to the conditions in this Clause 7 and the other terms of this Agreement, the Sellers may request the Buyers to pre-position the Delivery Instalment, the Extra Amount Instalment and, if applicable, the Extra Amount Balance Portion to the Builder's Bank in each case in accordance with the relevant Payment Notice.
Subject to the Beneficial Ownership Limitation, the Make Good Amount shall be paid in Shares of Common Stock, as follows: The number of shares of Common Stock issuable as the Make Good Amount shall be calculated by dividing the Extra Amount by the product of 80% times the average VWAP for the five Trading Days prior to the date a Holder delivered a notice of conversion to the Corporation (the “Conversion Date”).
During the Triggering Event Period, the number of shares of Common Stock issuable as the Make Good Amount shall be calculated by dividing the Extra Amount by the product of 70% times the average VWAP for the five Trading Days prior to the Conversion Date.
By:_____________________________________ APPENDIX A In the event of the sale of the Station by Buyer prior to the Determination Date, the terms of this Appendix A shall govern payment of the Extra Amount, if any.
Buyer agrees that as soon as practicable following the Determination Date, if Buyer is the licensee of the Station and if the Fair Market Value of the Station exceeds $100,000,000, Buyer shall deliver to Seller cash or, at Buyer's option, the Note in an amount equal to the Extra Amount, up to a maximum of $25,000,000, except as described in Appendix A.