Note Cap definition

Note Cap has the meaning assigned to such term in Section 6.14.
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Note Cap means (a) the sum of (i) $165,000,000, (ii) the aggregate amount of any PIK Interest (as defined in the Indenture) in respect of any Notes, (iii) solely for purposes of calculating the Note Cap in connection with a Note DIP Financing under Section 6.1(b), $7,250,000, and (iv)without duplication of clause of any amounts included pursuant to clause (ii) above, the amount of any unpaid accrued interest, paid in kind amounts, reasonable and customary premiums, reasonable fees or reasonable expenses that from time to time may be added to principal in connection with any Refinancing of the Notes minus (b) the aggregate principal amount of repayments or prepayments of Indebtedness following the date hereof under the Notes, other than any such reduction, repayment or prepayment made in connection with a Refinancing.
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Note Cap has the meaning referred to in Section 9.3.
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Examples of Note Cap in a sentence

  • The aggregate amount of Notes that may be issued at Closings hereunder shall in no event exceed the Note Cap Amount.

  • Except as set forth in Sections 6.4, 6.5 and 6.7, the Bank may not issue additional Notes after the aggregate principal amount of all Notes issued has reached the Note Cap.

  • The aggregate principal amount of Notes that may be issued at Closings hereunder shall in no event exceed the Note Cap Amount.

  • The aggregate principal amount of Notes that may be issued at Closings hereunder shall, when added to the aggregate principal amount of Notes issued to the Early Investors, in no event exceed the Note Cap Amount.

  • The aggregate amount of Subordinated Secured Notes that may be issued at Closings hereunder shall in no event exceed the Note Cap Amount.

  • This Agreement, including without limitation the Schedule of Purchasers, may be amended by the Company without the consent of Purchasers to include any such Additional Purchasers up to the Note Cap.

  • Using the poverty theory, Adenrele (2012), identified severe poverty among the principal driving forces behind the Boko Haram insurgency in the Northeast of Nigeria.

  • Note: Cap determination of BA at 40 m2 when entering plot data – i.e. if 50m2 recorded in plot, 40 m2 is entered.

  • Note: Cap colors, label colors, and outdated language can be easily confused.

  • The aggregate principal amount of Subordinated Secured Notes that may be issued at Closings hereunder shall, when added to the aggregate principal amount of Subordinated Secured Notes issued to the October 2011 Investors, in no event exceed the Note Cap Amount.

Related to Note Cap

  • Subordinated Amount As of any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over (b) the aggregate of the Class Certificate Balances of the LIBOR Certificates as of such Distribution Date (after giving effect to the payment of the Principal Remittance Amount on such Certificates on such Distribution Date).

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Subordinated Optimal Principal Amount With respect to each Mortgage Pool and each Distribution Date, an amount equal to the sum of the following (but in no event greater than the aggregate Class Certificate Balances of the Subordinated Certificates immediately prior to such Distribution Date):

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Class E Note Balance means, at any time, the Initial Class E Note Balance reduced by all payments of principal made prior to such time on the Class E Notes.

  • B Notes means each of Note B-1 and Note B-2.

  • Initial Class D Note Balance means $142,370,000.

  • Senior Unsecured Notes means $2,000,000,000 in aggregate principal amount of the Borrower’s 9.000% senior notes due 2025 issued pursuant to the Senior Unsecured Notes Indenture on the Closing Date.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class D Notes has the meaning assigned to such term in the Indenture.

  • Required Subordinated Amount of Class C Notes means, for the Class B ( - ) Notes for any date of determination, an amount equal to the sum of

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Initial Class A-3 Note Balance means $380,000,000.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Initial Class A-4 Note Balance means $75,000,000.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Initial Class B Note Balance means $129,750,000.

  • Initial Class C Note Balance means $152,941,000.

  • Class D Note Balance means, at any time, the Initial Class D Note Balance reduced by all payments of principal made prior to such time on the Class D Notes.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class B Notes means the Class B 5.03% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.