Participation Amount definition

Participation Amount as defined in Section 3.4(b).

Participation Amount has the meaning assigned to such term in Section 2.05(e).

Participation Amount means an amount in US dollars equal to one times (1X) the Purchase Price.

Examples of Participation Amount in a sentence

• If any amount required to be paid by a Lender to the Swing Line Lender pursuant to the above provisions in respect of any Swing Line Participation Amount is not paid on the date such payment is due, such Lender shall pay to the Swing Line Lender on demand interest on the amount not so paid at the overnight Federal Funds Effective Rate from the due date until such amount is paid in full.

• Each Lender will immediately transfer to the Swingline Lender, in immediately available funds, the amount of its Swingline Participation Amount.

• Each Revolving Credit Lender will immediately transfer to the Swingline Lender, in immediately available funds, the amount of its Swingline Participation Amount.

• The amount of a Certificateholder's pro rata share of the Investor Participation Amount can be determined by multiplying the original denomination of the holder's Certificate by the Pool Factor 1.00000000 15.

• If such Revolving Credit Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Revolving Credit Lender’s Revolving Credit Loan or Swingline Participation Amount, as the case may be.

More Definitions of Participation Amount

Participation Amount shall have the meaning assigned to such term in Section 4.10(c).

Participation Amount has the meaning ascribed thereto in Section 2.19(b).

Participation Amount has the meaning set forth in Section 3.

Participation Amount means, in relation to a Participating Lender, an amount equal to: (i) that Participating Lender’s Senior Claims as of the Distribution Record Date; divided by (ii) the aggregate of all Senior Claims of all Senior Creditors as of the Distribution Record Date; and multiplied by (iii) US$150,000,000.

Participation Amount means, with respect to any Bank, the amount set forth in Schedule II hereto opposite the name of such Bank therein, as such amount may be changed by reason of an assignment by or to such Bank in accordance with Section 15(a). Such amount shall be reduced from time to time by such Bank's ratable share of each reduction of the Maximum Credit Amount.

Participation Amount means in respect of a Lender and any drawings under this Letter of Credit, the sum which is equal to that Lender’s Participation Percentage of the Total L/C Amount.

Participation Amount means the amount described in Schedule ONE with respect to each Lender.