Original Note Balance definition
Examples of Original Note Balance in a sentence
The Issuer shall have the option to redeem the Notes in full on any Payment Date on or after the Payment Date on which the Note Balance is less than 10% of the Original Note Balance.
The Issuer shall have the option to redeem the Notes on any Payment Date following the first Payment Date on which the Note Balance is less than 10% of the Original Note Balance.
The liability of Buyer for indemnification under Section 13.2(i) shall be limited to an amount equal to 17.5% of the Original Note Balance and the liability of Buyer and Company for indemnification under Sections 13.2(iii) and 13.2(y) shall be limited to an amount equal to the Original Note Balance.
First Security has received from the Financial Advisor an opinion that as of the date hereof, the Merger Consideration is fair to the holders of First Security Common Stock from a financial point of view.
Appropriate adjustment to the Original Note Balance shall be made immediately upon the final determination of the Final NWC Calculation in accordance with this Section as follows: either (i) the Original Note Balance shall be increased by the amount by which the Final NWC exceeds the Target NWC or (ii) the Original Note Balance shall be decreased by the amount by which the Target NWC exceeds the Final NWC.