Permitted Investment Amount means an amount equal to (a) $150,000,000 plus (b) 20% of positive consolidated Net Income for each fiscal year of the Borrower commencing with the Borrower’s fiscal year ending December 31, 2006.
Permitted Investment Amount means an amount equal to (a) U.S. $150,000,000 plus (b) 20% of positive Consolidated Net Income for each fiscal year of the Borrower commencing with the Borrower’s fiscal year ending December 31, 2006.
Permitted Investment Amount means, as of any date, an amount equal to the sum of (i) with respect to cash credited to, or held in, the Permitted Investments Account on such date, the U.S. Dollar amount thereof and (ii) with respect to all other Permitted Investment Property credited to, or held in, the Permitted Investments Account on such date, the aggregate of the market value of all investments constituting such other Permitted Investment Property, as determined and notified to the Company by the Investment Manager.
Examples of Permitted Investment Amount in a sentence
I-14 Table I.3.3 Current FDI Trend of Diversification by Permitted Investment Amount ...........
More Definitions of Permitted Investment Amount
Permitted Investment Amount means, as it relates to any Investment (i) constituting Intercompany Loans from Credit Parties to non-Credit Parties or from U.S. Credit Parties to Canadian Credit Parties under and pursuant to Section 10.05(h), (ii) constituting capital contributions by Credit Parties to non-Credit Parties or U.S. Credit Parties to Canadian Credit Parties under and pursuant to Section 10.05(i)(v), (iii) constituting Permitted Acquisitions under and pursuant to Section 10.05(l) or (iv) constituting any other Investment under and pursuant to Section 10.05(q) (each, a “Subject Investment”), (a) so long as the Tier I Payment Conditions (but not the Tier II Payment Conditions) are and will be satisfied both before and after giving effect to such Subject Investment, any amount which, when aggregated with all Subject Investments made after the Effective Date pursuant to this clause (a), would not exceed $50,000,000 at any time outstanding (i.e., net of return of capital, but without giving effect to any write-downs or write-offs thereof), (b) so long as the Tier II Payment Conditions are and will be satisfied both before and after giving effect to such Subject Investment, any amount less than the amount at which the Tier II Payment Conditions would cease to be satisfied (and such Subject Investments pursuant to this clause (b) shall not be deemed to reduce the amounts permitted to be invested pursuant to clause (a) immediately above), and (c) if neither the Tier I Payment Conditions nor the Tier II Payment Conditions would be satisfied both before and after the making of any such Subject Investment, $0. If at any time the Tier II Payment Conditions are satisfied prior to the making of any such proposed Subject Investment, but the amount of any such proposed Subject Investment would exceed the Permitted Investment Amount set forth in clause (b) above, but would not exceed the aggregate amount of such Subject Investment permitted to made at such time pursuant to clauses (a) and (b) above, such Subject Investment shall be deemed to be two Subject Investments (the first under clause (b) to the extent of the Permitted Investment Amount in respect thereof and the second under clause (a) to the extent of the Permitted Investment Amount in respect thereof) for purposes of determining its compliance with the Permitted Investment Amount with respect thereto. Reductions in the outstanding amount of any such split Subject Investment (i.e., as a result of return of capital) shall be applied ...
Permitted Investment Amount means, at any time, an amount equal to the excess of (A) the sum, without duplication of (i) Realized Proceeds received after the Closing Date that are not required to be applied to prepay or redeem the Loans or the Public Notes, (ii) the April 2010 Equity Issuance Proceeds, (iii) Net Cash Proceeds received by the Borrower from the issuance of Borrower Qualified Stock after the Closing Date that are not required to be applied to prepay or redeem the Loans or the Public Notes, (iv) the portion of Excess Cash Flow for any Fiscal Year (or, in the case of Fiscal Year 2010, the portion thereof beginning on the first day of the first Fiscal Month after the Closing Date and ending on the last day of such Fiscal Year) that is not required to prepay or redeem the Loans or the Public Notes and (v) the amount by which the Closing Date Cash exceeds the amount of the April 2010 Equity Issuance Proceeds (provided that (x) the amount described in this clause (v), if used to make or fund Investments, may be used only to fund additional Investments in Portfolio Investments existing on the Closing Date (“Follow-On Investments”) and (y) for avoidance of doubt, amounts described in the preceding clauses (i) through and including (iv) may be used to make Follow-On Investments) as of such time less (B) the amount used to make Investments pursuant to Sections 6.4(a) and 6.5(g) and Repurchases of the Loans and Public Notes pursuant to Sections 2.4(d) and 6.12 as of such time. Any permitted Staple Financing provided by the Borrower or any of its Subsidiaries shall not reduce the Permitted Investment Amount.
Permitted Investment Amount means, at any time, an amount equal to the excess of (A) the sum, without duplication of (i) Realized Proceeds received after the Closing Date that are not required to be applied to prepay or redeem the Loans or the Securities, (ii) the April 2010 Equity Issuance Proceeds, (iii) Net Cash Proceeds received by the Company from the issuance of Company Qualified Stock after the Closing Date that are not required to be applied to prepay or redeem the Loans or the Securities, (iv) the portion of Excess Cash Flow for any Fiscal Year (or, in the case of Fiscal Year 2010, the portion thereof beginning on the first day of the first Fiscal Month after the Closing Date and ending on the last day of such Fiscal Year) that is not required to prepay or redeem the Loans or the Securities and (v) the amount by which the Closing Date Cash exceeds the amount of the April 2010 Equity Issuance Proceeds (provided that (x) the amount described in this clause (v), if used to make or fund Investments, may be used only to fund additional Investments in Portfolio Investments existing on the Closing Date (“Follow-On Investments”) and (y) for avoidance of doubt, amounts described in the preceding clauses (i) through and including (iv) may be used to make Follow-On Investments) as of such time less (B) the amount used to make Investments pursuant to Section 6.4(a) and Section 6.5(g) and Repurchases of the Loans and the Securities pursuant to Section 2.4(d) and Section 6.12 as of such time. Any permitted Staple Financing provided by the Company or any of its Subsidiaries shall not reduce the Permitted Investment Amount.
Permitted Investment Amount at any time shall mean an amount equal to (i) $5,000,000, minus (ii) the sum of (x) the aggregate amount of Investments (including all cash investments and the fair market value of all non-cash investments) pursuant to Section 9.05(xi) after the Restatement Effective Date and (y) the aggregate amount of reductions theretofore made to the Permitted Acquisition Amount pursuant to clause (ii)(x) of the definition thereof after the Initial Borrowing Date, but only to the extent the amount of such reductions exceeds $7,500,000.
Permitted Investment Amount means an amount equal to eight Hundred Thousand Dollars ($800,000) less an amount equal to the total of all repayments of Permitted Investments.
Permitted Investment Amount shall have the meaning specified in --------------------------- Section 1016.
Permitted Investment Amount has the meaning specified in Section 416.