Interim Cap definition
Interim Cap means an amount equal to the sum of (a) the aggregate principal amount of the Interim Roll-Up Loans deemed funded on the Effective Date and (b) (i) the Interim New Money Cap less (ii) the Stated Amount of the Roll-Up Letters of Credit then issued and outstanding on any date of determination.
Interim Cap has the meaning given in Section 11.01 of the Plan Support Agreement.
Interim Cap means an amount equal to the sum of (a) $25,000,000 plus (b) the aggregate principal amount of the Interim Roll-Up Loans deemed funded on the Closing Date plus (c) the Stated Amount of the Roll-Up Letters of Credit deemed issued on the Closing Date.
Examples of Interim Cap in a sentence
The Debtors shall pay or reimburse all unpaid Fees in excess of the Interim Cap on the Effective Date.
If the Authority delivers a Notice for Reinstatement, it may, in its absolute discretion, also authorise the Contractor to proceed with work to reinstate, repair or replace the damaged OPV, provided that the Authority’s liability to pay for the Contractor’s costs incurred under this Clause 19.11.4 shall be limited to the SRI Interim Cap and shall apply notwithstanding any actual or proposed Third Party Claim.
More Definitions of Interim Cap
Interim Cap is defined in Section 7.2(e)(iv).