Prepayment Amount definition

Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

Prepayment Amount has the meaning specified in Section 2.05(c).

Prepayment Amount means the dollar amount required to prepay all of the Annual Special Tax obligation on any Assessor's Parcel, determined pursuant to Sections G.

Examples of Prepayment Amount in a sentence

• If the Floor Price Trigger Date occurs prior to the date that is ninety (90) days from the Purchase Price Date (the “Prepayment Start Date”), then beginning on the Prepayment Start Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount for such month in cash to Lender with the entire Outstanding Balance being due and payable on the six (6) month anniversary of the Prepayment Start Date.

• Payment of each Mandatory Monthly Prepayment Amount must be made within two (2) Trading Days of delivery of a payment notice from Lender.

• If the Floor Price Trigger Date occurs on or after the one (1) year anniversary of the Purchase Price Date, then on the Floor Price Trigger Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount in cash to Lender for such month with the entire Outstanding Balance being due and payable on the Maturity Date.

• If the Floor Price Trigger Date occurs on or after the Prepayment Start Date but before the one (1) year anniversary of the Purchase Price Date, then on the Floor Price Trigger Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount in cash to Lender for such month with the entire Outstanding Balance being due and payable on the six (6) month anniversary of the Floor Price Trigger Date.

More Definitions of Prepayment Amount

Prepayment Amount. Defined in Section 6.4(b).

Prepayment Amount has the meaning specified in Section 5.09.

Prepayment Amount means the amount of a Tranche to be prepaid by the Borrower in accordance with Article 4.02A.

Prepayment Amount means the amount deposited in the Collection Account from the Pre-Funding Account on the Mandatory Redemption Date pursuant to Section 5.7(a)(ii) hereof.

Prepayment Amount. A cash amount equal to the product of (i) the Number of Shares as set forth in a Pricing Date Notice and (ii) the Initial Price less (y) the Prepayment Shortfall. Prepayment: Subject to Counterparty receiving a Pricing Date Notice, Counterparty will pay the Prepayment Amount by bank wire in immediately available funds to an account designated by Seller from (subject to the below exception) the Counterparty’s Trust Account maintained by Continental Stock Transfer and Trust Company holding the net proceeds of the sale of the units in Counterparty’s initial public offering and the sale of private placement warrants (the “Trust Account”), no later than the earlier of (a) one Local Business Day after the Closing Date and (b) the date any assets from the Trust Account are disbursed in connection with the Business Combination; except that to the extent that the Prepayment Amount is to be paid from the purchase of Additional Shares by Seller, such amount will be netted against such proceeds, with Seller being able to reduce the purchase price for the Additional Shares by the Prepayment Amount. Counterparty shall provide notice to (i) Counterparty’s trustee of the entrance into this Confirmation no later than one Local Business Day following the date hereof, with copy to Seller and Seller’s outside legal counsel, and (ii) Seller and Seller’s outside legal counsel a final draft of the flow of funds from the Trust Account one Local Business Day prior to the closing of the Business Combination itemizing the Prepayment Amount due to Seller; provided that Seller shall be invited and permitted to attend any closing call in connection with the Business Combination.

Prepayment Amount shall have the meaning ascribed to such term in Section 3 of this Note.

Prepayment Amount means the dollar amount required to prepay all of the Annual Special Tax obligation on any Assessor’s Parcel, determined pursuant to Section G.