Minimum Financing Amount definition

Minimum Financing Amount means the total amount of the uses of funds set forth in Schedule 8.1 for Payment and Funding Obligations for this Transaction (and related costs and expenses) as amended from time to time, provided that the aggregated amount of uses of funds for Payment and Funding Obligations shall not be less than US Dollars 700 million.
Minimum Financing Amount shall have the meaning specified in Recital D.
Minimum Financing Amount means, (i) as of any date of determination prior to the End Date, zero and (ii) as of any date of determination thereafter, an amount equal to the product of (x) the daily weighted average face amount of Income Notes outstanding on such date of determination, (y) 3.4, and (z) 80%.

Examples of Minimum Financing Amount in a sentence

  • An authorized officer of the Company shall have delivered to the Investors at the Closing Date a certificate, in form and substance reasonably acceptable to the Investor Majority, certifying that the conditions specified in Sections ‎6.1(a) (Representations and Warranties), ‎6.1(b) (Performance), ‎6.1(c) (No Injunction), ‎6.1(d) (Consents), ‎6.1(f) (Adverse Changes), ‎6.1(k) (No Stop Order) ‎6.1(l) (Nasdaq), ‎6.1(m) (Minimum Financing Amount), and ‎6.1(n) (Merger) of this Agreement have been fulfilled.

  • All conditions required to consummate the Financing in the Minimum Financing Amount of $2,500,000 (and otherwise on terms and conditions reasonably acceptable to the Company) shall have been satisfied and the closing of the Minimum Financing Amount shall be contingent only upon the occurrence of the Closing.

  • All conditions required to consummate the Financing in the Minimum Financing Amount of $2,500,000 shall have been satisfied and the closing of the Minimum Financing Amount shall be contingent only upon the occurrence of the Closing.

  • If Net Financing Commitments do not exceed the Minimum Financing Amount, the Financing Condition will be understood as unfulfilled and, consequently, a default event under the Reorganization Agreement shall occur and Enjoy must immediately request its own voluntary liquidation.

  • Without limiting the foregoing, Parent will use commercially reasonable efforts to obtain Financing of at least the Minimum Financing Amount as promptly as practicable following the date hereof and Parent will keep the Company reasonably informed of the progress of the Financing, including any facts, events or circumstances which would, or would reasonably be likely to, adversely affect the likelihood of obtaining Financing of at least the Minimum Financing Amount.

  • All conditions required to consummate the Financing in the Minimum Financing Amount of $2,000,000 shall have been satisfied and the closing of the Minimum Financing Amount shall be contingent only upon the occurrence of the Closing.


More Definitions of Minimum Financing Amount

Minimum Financing Amount is defined in Section 8.1(b).