Examples of OID Amount in a sentence
Such Loans pursuant to a Refinancing Amendment shall be funded net of the OID Amount.
In the event that the Bankruptcy Court order required to be entered pursuant to Section 11.1(e) has not become a Final Order on or before the Effective Date, the Debtors shall deposit into escrow an amount of Cash equal to the full amount of the Postpetition Interest Amount plus the Postpetition Accreted OID Amount.
For the avoidance of doubt, the full amount of the Loans (without taking into account any netting of the OID Amount occurring on the Closing Date) shall be repaid in accordance with this Section 2.3 and Section 2.4.
To the extent the Bankruptcy Court determines any amounts are due and owing in respect of the Postpetition Interest Amount, the Debtors or Reorganized Debtors shall pay the Postpetition Interest Amount and the Postpetition Accreted OID Amount in full in Cash pursuant to Section 7.2 of the Plan on the Effective Date.
The Incremental Term Loans shall be funded net of the OID Amount applicable thereto, if any.