Payment of Additional Amounts definition

Payment of Additional Amounts with respect to the Notes, then the Company may at any time at its option redeem, in whole, but not in part, the Notes on not less than 15 nor more than 60 days prior notice, at a redemption price equal to 100% of their principal amount, together with accrued and unpaid interest on those Notes to, but not including, the date fixed for redemption.
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Payment of Additional Amounts. All amounts payable (whether in respect of principal, interest, distributions or otherwise) in respect of the Notes will be made free and clear of and without withholding or deduction for or on account of any present or future taxes, duties, levies, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the U.S. or any political subdivision thereof or any authority or agency therein or thereof having power to tax, unless the withholding or deduction of such taxes, duties, levies, assessments or governmental charges is required by law. In that event, the Company in respect of the Notes will pay, or cause to be paid, such additional amounts receivable by a Holder after such withholding or deduction as shall equal the respective amounts that would have been receivable by such Holder had no such withholding or deduction been required, provided that such Holder provides the Company a duly executed IRS Form W-9 or appropriate IRS Form W-8. The foregoing shall not apply to any Holder that is described in Section 881(c)(3) of the Code; provided, however, the Company will not withhold on any amounts payable in respect of the Notes to any holder that has provided appropriate documentation establishing an exemption from withholding under an applicable tax treaty.”
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Payment of Additional Amounts the Indenture shall be applicable to the Notes, except that the term "Holder," when used in Section 1010 of the Indenture, shall mean the beneficial owner of a Note or any person holding on behalf or for the account of the beneficial owner of a Note.
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Examples of Payment of Additional Amounts in a sentence

  • Payment of Additional Amounts The provisions of the Indenture described under “Description of Debt Securities—Covenants—Payment of Additional Amounts” do not apply to the Notes.

  • Definitive Notes in bearer form, Receipts and Coupons will become void unless presented for payment within periods of 10 years (in the case of principal) and 5 years (in the case of interest) from the Relevant Date (as defined in Condition 9 (Payment of Additional Amounts; Tax Redemption)).

  • Payment of Additional Amounts shall be made in accordance with the procedures of any applicable securities depositary.

  • Please see “Description of the Bonds - Payment of Additional Amounts – Taxation” for the enumeration of Excluded Taxes.

  • Principal of, and interest and Additional Amounts (as defined below under "Payment of Additional Amounts"), if any, on, the Notes are payable by Québec in U.S. dollars to the person registered at the close of business on the relevant record date in the register held by the Registrar.

  • Payment of Additional Amounts The provisions of the indenture described under “Description of Debt Securities—Covenants—Payment of Additional Amounts” below do not apply to the notes.

  • The other firm's assumption of these obligations must include the obligation to pay the additional amounts described below under "Payment of Additional Amounts".

  • The notes may not be redeemed prior to maturity unless changes involving United States taxation occur which could require Citigroup to pay additional amounts, as described under ‘‘Description of Debt Securities — Payment of Additional Amounts'' and ‘‘— Redemption for Tax Purposes'' in the accompanying prospectus.The notes are being offered globally for sale in the United States, Kurope, Asia and elsewhere where it is lawful to make such offers.

  • Payment of Additional Amounts .......................................................

  • All cash paid upon the surrender for exchange of certificates representing shares of Company Common Stock in accordance with the terms of this Article II (including any cash paid pursuant to Section 2.05(e)) shall be deemed to have been issued (and paid) in full satisfaction of all rights pertaining to the shares of Company Common Stock exchanged for cash theretofore represented by such certificates.


More Definitions of Payment of Additional Amounts

Payment of Additional Amounts and provided for in the Indenture, and no Make Whole Premium or Additional Amount shall be due or available as a remedy, in each case in connection with (x) any default or Event of Default under the Indenture or (y) any acceleration (automatic or otherwise) of all, or any portion of, the Notes (other than an acceleration in respect of an Event of Default, as applicable, for (a) failing to pay the “make-whole” redemption price when due following the Company’s voluntary election, if any, to redeem the Notes pursuant to the optional redemption provisions described in this section and provided for in the Indenture, to the extent any Make Whole Premium is due in connection therewith) or (b) failing to pay the Additional Amount when due pursuant to the requirements described below under the heading “Payment of Additional Amounts” and provided for in the Indenture, to the extent any Additional Amount is due in connection therewith), and (ii) the requirement to pay any Make Whole Premium or Additional Amount shall only arise in connection with the Company’s voluntary election, if any, to redeem the Notes pursuant to the optional redemption provisions described in this section and provided for in the Indenture or the payment of the Additional Amount becomes necessary in order that the net amount of such payment of the principal of and interest on this Note to a Holder who is a United States Alien (as such term is defined below), after deduction for any present or future tax, assessment or governmental charge of the United States (as such term is defined below), or a political subdivision or authority thereof or therein, imposed by withholding with respect to the payment, shall not be less than the amount provided for in this Note to be then due and payable, respectively, and not in connection with any other payment, distribution, satisfaction or other recovery in respect of the Notes or in connection with any refinancing of the Notes following an Event of Default upon certain events of bankruptcy or insolvency set forth in the Indenture.
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Related to Payment of Additional Amounts

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Additional Amounts means any additional amounts which are required hereby or by any Security, under circumstances specified herein or therein, to be paid by the Company in respect of certain taxes imposed on Holders specified herein or therein and which are owing to such Holders.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • Class X-D Notional Amount With respect to the Class X-D Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-D Components.

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.

  • Class Notional Amount Not applicable.

  • Class A-X Notional Amount With respect to any Distribution Date, an amount equal to the aggregate Scheduled Principal Balance of the Non-Discount Mortgage Loans.

  • Additional Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest (as defined in the Indenture) paid by the Depositor on a Like Amount of Debentures for such period.

  • Class X-A Notional Amount With respect to the Class X-A Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-A Components.

  • Notional Amount With respect to any Class or Subclass of Interest Only Certificates, an amount used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Aggregate Notional Amount means, with respect to any date of determination, an amount equal to the sum of the notional amounts or equivalent amounts of all outstanding Hedging Agreements, Replacement Hedging Agreements and Qualified Substitute Arrangements, each as of such date of determination.

  • Additional Payments means additional amounts required to be paid to a holder of any Note pursuant to Section 13 by reason of a Change in Tax Law; and a “Change in Tax Law” means (individually or collectively with one or more prior changes) (i) an amendment to, or change in, any law, treaty, rule or regulation of Canada after the date of the Closing, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation after the date of the Closing, which amendment or change is in force and continuing and meets the opinion and certification requirements described below or (ii) in the case of any other jurisdiction that becomes a Taxing Jurisdiction after the date of the Closing, an amendment to, or change in, any law, treaty, rule or regulation of such jurisdiction, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation, in any case after such jurisdiction shall have become a Taxing Jurisdiction, which amendment or change is in force and continuing and meets such opinion and certification requirements. No such amendment or change shall constitute a Change in Tax Law unless the same would in the opinion of the Company (which shall be evidenced by an Officer’s Certificate of the Company and supported by a written opinion of counsel having recognized expertise in the field of taxation in the Taxing Jurisdiction, both of which shall be delivered to all holders of the Notes prior to or concurrently with the Tax Prepayment Notice in respect of such Change in Tax Law) affect the deduction or require the withholding of any Tax imposed by such Taxing Jurisdiction on any payment payable on the Notes.

  • Class X-B Notional Amount With respect to the Class X-B Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-B Components.

  • Initial Notional Amount With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Original Notional Amount With respect to the Class X-1 Notional Amount and Class X-2 Notional Amount, the initial Notional Amount thereof as of the Closing Date, as specified in the Preliminary Statement.

  • Transaction Notional Amount means (A) in respect of any Transaction that is a cross currency hedge, the Base Currency Equivalent of the Currency Amount applicable to Party A’s payment obligations and (B) in respect of any other Transaction, the Base Currency Equivalent of the Notional Amount.

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).

  • Aggregate Nominal Amount means the aggregate nominal amount of the Securities set out in the relevant Final Terms.

  • Nominal Amount means the Nominal Amount as specified in § 1 of the Product and Underlying Data.

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Notional Amount Certificates As specified in the Preliminary Statement.

  • Damages Accrual Period has the meaning set forth in Section 2(e) hereof.

  • Uncertificated Notional Amount With respect to REMIC 2 Regular Interest Swap IO and each Distribution Date listed below, the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests ending with the designation “A” listed below: 3 I-2-A through I-59-A and II-2-A through II-59-A 4 I-3-A through I-59-A and II-3-A through II-59-A 5 I-4-A through I-59-A and II-4-A through II-59-A 6 I-5-A through I-59-A and II-5-A through II-59-A 7 I-6-A through I-59-A and II-6-A through II-59-A 8 I-7-A through I-59-A and II-7-A through II-59-A 9 I-8-A through I-59-A and II-8-A through II-59-A 10 I-9-A through I-59-A and II-9-A through II-59-A 11 I-10-A through I-59-A and II-10-A through II-59-A 12 I-11-A through I-59-A and II-11-A through II-59-A 13 I-12-A through I-59-A and II-12-A through II-59-A 14 I-13-A through I-59-A and II-13-A through II-59-A 15 I-14-A through I-59-A and II-14-A through II-59-A 19 I-18-A through I-59-A and II-18-A through II-59-A 20 I-19-A through I-59-A and II-19-A through II-59-A 22 I-21-A through I-59-A and II-21-A through II-59-A 24 I-23-A through I-59-A and II-23-A through II-59-A 25 I-24-A through I-59-A and II-24-A through II-59-A 26 I-25-A through I-59-A and II-25-A through II-59-A 27 I-26-A through I-59-A and II-26-A through II-59-A 28 I-27-A through I-59-A and II-27-A through II-59-A 29 I-28-A through I-59-A and II-28-A through II-59-A 30 I-29-A through I-59-A and II-29-A through II-59-A 33 I-32-A through I-59-A and II-32-A through II-59-A 34 I-33-A through I-59-A and II-33-A through II-59-A 35 I-34-A through I-59-A and II-34-A through II-59-A 36 I-35-A through I-59-A and II-35-A through II-59-A 38 I-37-A through I-59-A and II-37-A through II-59-A 39 I-38-A through I-59-A and II-38-A through II-59-A 40 I-39-A through I-59-A and II-39-A through II-59-A 41 I-40-A through I-59-A and II-40-A through II-59-A 42 I-41-A through I-59-A and II-41-A through II-59-A 43 I-42-A through I-59-A and II-42-A through II-59-A 44 I-43-A through I-59-A and II-43-A through II-59-A 45 I-44-A through I-59-A and II-44-A through II-59-A 48 I-47-A through I-59-A and II-47-A through II-59-A 49 I-48-A through I-59-A and II-48-A through II-59-A 50 I-49-A through I-59-A and II-49-A through II-59-A 51 I-50-A through I-59-A and II-50-A through II-59-A 52 I-51-A through I-59-A and II-51-A through II-59-A 53 I-52-A through I-59-A and II-52-A through II-59-A 54 I-53-A through I-59-A and II-53-A through II-59-A 55 I-54-A through I-59-A and II-54-A through II-59-A 56 I-55-A through I-59-A and II-59-A through II-59-A 57 I-56-A through I-59-A and II-56-A through II-59-A 58 I-57-A through I-59-A and II-57-A through II-59-A 59 I-58-A through I-59-A and II-58-A through II-59-A 60 I-59-A and II-59-A thereafter $0.00

  • Component Notional Amount Not applicable.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.