Put Premium definition

Put Premium means a premium payable by Ambac Assurance under a Put Agreement.
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Put Premium has the meaning set forth in Section 3.1(a).
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Put Premium means 7,126,676 shares of New Common Stock to be issued by Reorganized Marvel to the Standby Purchasers in exchange for the performance of their obligations under the Standby Purchase Agreements, which shares shall represent 2.8% of the issued and outstanding shares of Reorganized Marvel as of the Marvel Debtors Consummation Date.
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Examples of Put Premium in a sentence

  • In exchange for providing the backstop commitment for the Rights Offering, the Backstop Parties will receive the Backstop Put Premium.

  • Upon the Effective Date, the Backstop Put Premium will be immediately and automatically deemed earned and payable.

  • The payment to the Backstop Parties of the Backstop Put Premium, the Breakup Fee and any First Lien Fees and Expenses will be free and clear of all withholding taxes (except for withholding taxes arising as result of a Backstop Party’s failure to provide a Tax Form, as defined in Section 10.19, establishing a complete exemption from withholding).

  • The amount of the Delayed Put Premium shall be calculated by the Trustee and delivered in writing (the “Delayed Put Premium Certificate”) to the Company prior to 5:00 p.m. on the Delayed Auction Date.

  • The Put Premium for each Distribution Period will be calculated on the last Business Day prior to the related Distribution Payment Date.

  • Put Premium Payment Dates: The third Business Day after each Put Premium Period End Date.

  • Put Premium Period End Date: Each June 30, September 30, December 31 or March 31.

  • On each Put Premium Payment Date, Party B shall pay to Party A the Put Premium Amount determined for the Put Premium Calculation Period ending on the Put Premium Period End Date immediately preceding such Put Premium Payment Date, subject to funds being available for such distribution under the Priority of Payments.

  • The number of shares of Preferred Equity Interests allocated to each Backstop Party and Supporting Party in respect of the New Preferred Equity Interests Backstop Put Premium and New Preferred Equity Interests Commitment Premium, as applicable, shall be rounded among the applicable party solely to avoid fractional units as the Parent shall determine in consultation with the Requisite Backstop Parties.

  • The Delayed Put Premium for each Delayed Auction Period will be calculated on the Delayed Auction Date.


More Definitions of Put Premium

Put Premium has the meaning set forth in Section 5.1.
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Put Premium shall have the meaning set forth in Section 2.4.
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Put Premium shall have the meaning set forth in the Investment Agreement.
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Put Premium means the excess of $22.50 over the prevailing ICN Price Per Share on the Principal Market on December 23, 1996, at the time the Seller's Shares are purchased by Buyer, times the number of Shares. "Put Shares" shall mean 1,064,833 shares of ICN Common Stock as to which a Put is being granted by ICN to Buyer pursuant to the terms of this Agreement and all of the securities which have derived from the Put Shares whether by reason of any forward or reverse stock split, stock dividend, spin off, any distribution paid with respect to any Put Shares (other than cash dividends or distribution of assets), or other recapitalization or reclassification of any Put Shares. "Second Year" shall mean the period commencing on the first anniversary of the Closing and ending on the date preceding the day the second anniversary of the Closing. "Shares" shall mean, collectively, the Seller's Shares purchased by Buyer from Seller and the Shelf Shares. "Shelf Shares" shall mean the 100,000 shares of ICN Common Stock being purchased by Buyer from ICN under the terms of this Agreement pursuant to the shelf registration statement which has been declared effective by the Securities and Exchange Commission, which shares are being purchased by Buyer at the prevailing ICN Price Per Share on the Principal Market on December 23, 1996, at the time the Seller's Shares are purchased by Buyer, and which shares ICN is in the process of listing on the NYSE. "Shelf Shares Purchase Price" shall mean the prevailing ICN Price Per Share on the Principal Market on December 23, 1996, at the time the Seller's Shares are purchased by Buyer, times the number of Seller's Shares. "Siemens Put Price" shall mean an amount determined as follows: (a) $23.512493872 per share of Seller's Shares times the number of Seller's Shares plus (b) the amount equal to the interest which would accrue for the period September 28, 1996, through and including the Closing on an amount equal to $23.512493872 times the number of Seller's Shares (i.e., the price at which Seller would have otherwise put such Seller's Shares to ICN) at an annual interest rate equal to one percent (1%) plus that rate from time to time during the period from September 28, 1996, to the Closing announced by Bank of America, N.T. & S.A. by its San Francisco headquarters office as its prime or reference rate. "Siemens Shortfall" shall mean the excess of the Siemens Put Price over the payment made by Buyer to Siemens pursuant to Section 2. "Third Year" ...
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Related to Put Premium

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Prepayment Premiums Any prepayment fees and penalties to be paid by the Mortgagor on a Mortgage Loan.

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Buyer’s Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.