Prepayment Threshold Amount definition

Prepayment Threshold Amount means $7,000,000,000.
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Prepayment Threshold Amount shall have the meaning set forth in Section 2.8(a).
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Examples of Prepayment Threshold Amount in a sentence

  • Any amount in excess of the Prepayment Threshold Amount shall be applied in repayment or prepayment pursuant to Clause 12.2 (Repayment from Net Proceeds), 12.4 (Repayment from Excess Cash Flow) or 12.5 (Repayment from Equity Proceeds), as applicable.

  • To the extent such aggregate amount does not exceed the Prepayment Threshold Amount, such amount may be applied for any purpose permitted by the Relevant Finance Documents as the Company may elect, including making any Permitted Payment permitted under Clause 25.5 (Dividends, Distributions and Share Capital).

  • Excess Cashflow Sweep Commencing with the financial year ended 31 December 2011, a percentage of excess cashflow in each financial year in excess of the Prepayment Threshold Amount shall be applied in prepayment of the Senior Facilities.

  • The Borrowers shall from time to time prepay the Revolving Loans to the extent that the Applicable Credit Parties and their Subsidiaries (other than Domestic Subsidiaries) have cash and Cash Equivalents of more than the Cash Prepayment Threshold Amount in the aggregate for more than seven (7) consecutive days.

  • Each such prepayment shall be made on the next succeeding Business Day after the seventh (7th) consecutive day on which the Applicable Credit Parties and their Subsidiaries (other than Domestic Subsidiaries) hold such cash and Cash Equivalents in excess of the Cash Prepayment Threshold Amount, in an amount equal to the amount of such excess over the Cash Prepayment Threshold Amount on such seventh (7th) day.

Related to Prepayment Threshold Amount

  • Threshold Amount means $5,000,000.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Threshold Appreciation Price has the meaning specified in Section 5.1.

  • 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.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Senior Prepayment Percentage For any Distribution Date during the five years beginning on the first Distribution Date, 100%. The Senior Prepayment Percentage for any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date will, except as provided herein, be as follows: for any Distribution Date in the first year thereafter, the Senior Percentage plus 70% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the second year thereafter, the Senior Percentage plus 60% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the third year thereafter, the Senior Percentage plus 40% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the fourth year thereafter, the Senior Percentage plus 20% of the Subordinated Percentage for such Distribution Date; and for any Distribution Date thereafter, the Senior Percentage for such Distribution Date (unless on any Distribution Date the Senior Percentage exceeds the initial Senior Percentage, in which case the Senior Prepayment Percentage for such Distribution Date will once again equal 100%). Notwithstanding the foregoing, no decrease in the Senior Prepayment Percentage will occur unless both of the Senior Step Down Conditions are satisfied.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Prepayment Period With respect to any Distribution Date, the calendar month preceding the calendar month in which such Distribution Date occurs.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).