Note Prepayment Amount definition

Note Prepayment Amount means, as of the Distribution Date on or immediately following the last day of the Funding Period, after giving effect to any transfer of Subsequent Receivables on such date, an amount equal to the Noteholders' pro rata share (based on the respective current outstanding principal balance of each Class of Notes) of the Pre-Funded Amount as of such Distribution Date; provided, that if the aggregate remaining amount in the Pre- Funding Account is $100,000 or less, such amount will be applied exclusively to reduce the outstanding principal balance of the Class of Notes then entitled to receive distributions of principal.

Note Prepayment Amount means an amount equal to the Pre-Funded Amount on the Mandatory Redemption Date (after giving effect to any application thereof to acquire Subsequent Receivables on the last day of the Funding Period).

Note Prepayment Amount means, as of the Mandatory Redemption Date, an amount equal to the Noteholders’ pro rata share (based on the respective current outstanding principal amount of each Class of Notes) of the Revolving Account Amount as of such Distribution Date; provided, that if the Revolving Account Amount is $100,000 or less, such amount will be applied exclusively to reduce the outstanding principal amount of the Class A-1 Notes.]

Examples of Note Prepayment Amount in a sentence

• If, on the Mandatory Redemption Date, the Pre-Funded Amount is greater than zero after giving effect to the purchase of all Subsequent Receivables during the Funding Period, including any such purchase on the last day of the Funding Period, the Notes will be redeemed in part pursuant to Section 5.8(a)(ii) of the Sale and Servicing Agreement in an amount equal to the Note Prepayment Amount.

• Any Underlying Asset Proceeds received by the Issuer prior to the maturity date of that Underlying Asset shall be applied by the Issuer in redemption of the Notes on a pro rata basis in an amount equal to the relevant Note Prepayment Amount (as determined by the Calculation Agent) on the relevant Distribution Date.

• The closing of the Redemption Right transaction (and the related settlement of the Promissory Note and the payment of the Note Prepayment Amount) shall occur within two (2) Business Days following the date on which First New York received the Redemption Notice (the “Redemption Date”).

• If the Redemption Right is exercised by Overstock, the Note Prepayment Amount shall become due and payable upon the closing of the Redemption Right transaction.

• The closing of the Put Right transaction (and the related settlement of the Promissory Note and the payment of the Note Prepayment Amount) shall occur within two (2) Business Days following the date on which Overstock received the Put Notice (the “Repurchase Date”).

More Definitions of Note Prepayment Amount

Note Prepayment Amount means an amount equal to the unpaid principal amount of the Class of Notes to be prepaid plus accrued and unpaid interest thereon at the applicable Note Interest Rate plus interest on any overdue interest at the applicable Note Interest Rate (to the extent lawful) to but excluding the payment date on which such payment will be made and the Notes will be paid in full.

Note Prepayment Amount means, as of the Distribution Date on or immediately following the last day of the Pre-Funding Period, after giving effect to any transfer of Subsequent Receivables on such date, an amount equal to the remaining Pre-Funded Amount on deposit in the Pre-Funding Account.

Note Prepayment Amount means an amount equal to 89.0% of the Pre-Funded Amount on the Mandatory Redemption Date (after giving effect to any application thereof to acquire Subsequent Receivables on the last day of the Funding Period).

Note Prepayment Amount means an amount equal to each Note's pro rata portion of the relevant Underlying Asset Proceeds (as determined by the Calculation Agent).

Note Prepayment Amount. As of the Distribution Date on or immediately following the last day of the Pre-Funding Period, after giving effect to any transfer of Additional Receivables on such date, an amount equal to the remaining Pre-Funded Amount in the Pre-Funding Account on the Mandatory Redemption Date.

Note Prepayment Amount means the amount of the principal outstanding under the Exchangeable Notes that may be required to be paid pursuant to Section 10.03 with respect to each Company Group as set forth on Schedule A, as may be adjusted pursuant to Section 6.16.

Note Prepayment Amount means the losses on early extinguishment of debt incurred by the Company in connection with the repurchase by the Company of Notes in an amount not to exceed (i) $1,318,960 for fiscal year 2002, (ii) $1,721,299 for fiscal year 2003, and (iii) $730,000 for fiscal year 2004."