Makewhole Amount definition

Makewhole Amount means the Tranche A Makewhole Amount or the Tranche B Makewhole Amount (as applicable) or any combination thereof, as the context dictates.
Makewhole Amount means in respect of each Substitute Preference Share, (a) the liquidation preference of such Substitute Preference Share or, if this is higher (b) the amount equal to the sum of the present value of the liquidation preference of such Substitute Preference Share, together with the present values of the scheduled dividend payments (assuming for this purpose the relevant dividend payments become due pursuant to these Articles) from the relevant date fixed for redemption to, but excluding, 5th November, 2019, in each case, discounted to such redemption date on a semi-annual compounded basis at the adjusted U.S. Treasury Rate plus0.50 per cent., all as determined by the Calculation Agent;
Makewhole Amount is defined in Section 2.2(e).

Examples of Makewhole Amount in a sentence

  • This may include redemption at par or a Make-whole Amount, and will be paid together with Arrears of Interest.

  • The Optional Redemption Amount will either be the Early Redemption Amount (as described in Condition 7(b) above) or, if Make-whole Amount is specified in the relevant Final Terms, will be the higher of (a) 100 per cent.

  • Optional Redemption Amount(s) of each Note:[●][[●] per Calculation Amount/Make-whole Amount] (If Make-whole Amount is selected, complete items (A) to (D) below.

  • The Optional Redemption Amount will either be the specified percentage of the nominal amount of the Notes stated in the applicable Final Terms or, if Make-whole Amount is specified in the applicable Final Terms, will be the higher of (i) 100 per cent.

  • Language barrier to communicate with local vessel especially with fishing vessel contributes to marine casualties.


More Definitions of Makewhole Amount

Makewhole Amount means, with respect to any prepayment of the Term Loans by Borrower pursuant to Section 2.2(c) or as a result of the acceleration of the maturity of the Term Loans pursuant to Section 8.1(a) occurring prior to the 2nd-year anniversary of the Closing Date, an amount equal to the sum of all interest that would have accrued and been payable from the date of such prepayment through the 2nd-year anniversary of the Closing Date on the aggregate principal amount of the Term Loans prepaid.
Makewhole Amount means, as of any date of determination occurring prior to the 24th-month anniversary of the Closing Date, an amount equal to the present value (using a discount rate equal to the U.S. Treasury rate for a comparable period plus 0.50%) of the sum of all interest accruing from such date through the 24th-month anniversary of the Closing Date.
Makewhole Amount means, in respect of the Tranche B Term Loans of any Lender being prepaid or subject to a Repricing Event, an amount equal to the present value of all interest payments that would have been made in respect of the principal of such Term Loans from the date of such prepayment or Repricing Event until the second anniversary of the Drop Down Date at a rate per annum equal to the sum of (a) the Applicable Rate applicable to such Term Loans (assuming such Term Loans are Eurodollar Rate Loans), plus (b) the greater of (i) 1.25% and (ii) the Adjusted Eurodollar Rate (assuming an Interest Period of three months) in effect on the date on which the applicable notice of prepayment is given or such Repricing Event is effected, plus (c) the premium payable in respect of the principal of such Term Loans pursuant to Section 2.10(c)(ii) if such prepayment or Repricing Event were made on or after the second anniversary of the Drop Down Date, but prior to the third anniversary of the Drop Down Date (in each case, computed on the basis of actual days elapsed over a year of 360 days and using a discount rate equal to the Treasury Rate as of such prepayment date plus 50 basis points).
Makewhole Amount applicable in respect of any prepayment of all or any portion of the principal amount of any Note of any series pursuant to SECTION 3.2 or the acceleration of the payment of the principal amount of any Note of any series pursuant to SECTION 8.1 (such prepaid or accelerated principal amount of any Note of any series being hereinafter referred to as the "PREPAID PRINCIPAL"), the greater of (a) zero and (b) the excess of:
Makewhole Amount. Prepaid Principal", "Reference Rate", "Statistical Release" or "Treasury Rate"), (C) change the percentage of holders of Notes required to accelerate the Notes, or (D) modify any provision of this Section, and
Makewhole Amount means, on any date of determination occurring on or prior to the second anniversary of the Tranche A Closing Date, an amount equal to the sum of all interest accruing from such date through the second anniversary of the Tranche A Closing Date (which, for the avoidance of doubt, shall not include any Additional Consideration).
Makewhole Amount means the Facility Fee Amount, if any, that would have accrued during the Makewhole Period based on a Financing Amount equal to the Minimum Utilization and a Facility Fee Rate equal to the Applicable Margin.