Redeemable Amount definition

Redeemable Amount means, with respect to each outstanding Note of any Class and Schuldschein Loan and the Payment Date on which Receivables are sold pursuant to clause 12 (Sale of Receivables to Other Secured Vehicles) of the Receivables Purchase Agreement, an amount determined as the quotient of (A) the Aggregate Redeemable Amount, divided by (B) the number of Notes of such Class and Schuldschein Loans then outstanding.
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Redeemable Amount means, with respect to each outstanding Note of any Class and the Payment Date on which Receivables are sold pursuant to clause 11 (Sale of Receivables to Other Secured Vehicles) of the Receivables Purchase Agreement, an amount determined as the quotient of (A) the Aggregate Redeemable Amount, divided by(B) the number of Notes of such Class then outstanding.
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Redeemable Amount means (i) if the Gross Proceeds are equal to, or lower than, $125,000,000, $0 (nil), and (ii) if the Gross Proceeds are higher than $125,000,000, the amount by which the Gross Proceeds exceed $125,000,000 subject to a cap of $30,000,000.
Sample 1

Examples of Redeemable Amount in a sentence

  • No Borrower shall, during any calendar quarter for such Borrower, permit less than the Minimum Redeemable Amount of such Borrower’s Total Eligible Asset Value to be redeemable by such Borrower on or prior to the last Business Day of such calendar quarter of such Borrower.

  • Unless previously redeemed, the token-based bonds will be redeemed in the amount of their Redeemable Amount on the last day of the month following the month in which the Maturity Period ends (Maturity Date), without interest being paid on the Redeemable Amount between the end of the Maturity Period and the Maturity Date itself.

  • To the extent the aggregate Optional Redemption Amount would otherwise exceed the Monthly Redeemable Amount, each Noteholder's redemption request shall be reduced by the Calculation Agent, pro rata, such that the aggregate Optional Redemption Amount on the relevant Noteholder Optional Redemption Date does not exceed the Monthly Redeemable Amount.

  • The maximum amount that may be redeemed, by Noteholders in aggregate, on any Noteholder Redemption Date in respect of an optional redemption by the Noteholders pursuant to Condition 2.5.1 as amended by this Special Condition 5.5.2 shall be an amount equal to 20% of the Net Asset Value of the Portfolio (the "Monthly Redeemable Amount").

  • The Redeemable Amount shall be the difference between (i) $78.10 ($39.05 after the 6/15/05 Stock Split), divided by the Conversion Factor, minus (ii) the product of the Current Per Share Market Price per share of Common Stock and the Common Stock Amount applicable to each S-SCU, each computed as of such date of death.

  • The Redeemable Amount shall be the difference between (i) $78.10, divided by the Conversion Factor, minus (ii) the product of the Current Per Share Market Price per share of Common Stock and the Common Stock Amount applicable to each S-SCU, each computed as of such date of death.

  • The Redeemable Amount shall equal: ($78.10/ the Conversion Factor) - ($70.00 x Common Stock Amount (calculated as of the date of death).

  • The Academic Programs of the Department of Family and Community Medicine are primarily focused on advancing the discipline of family medicine through education and training, research, and scholarship.

  • The Borrower shall not, during any calendar quarter for the Borrower, permit less than the Minimum Redeemable Amount of the Borrower’s Total Eligible Asset Value to be redeemable by the Borrower on or prior to the last Business Day of such calendar quarter of the Borrower.


More Definitions of Redeemable Amount

Redeemable Amount means, with respect to each outstanding Note of any Class and the Payment Date on which Receivables are sold pursuant to Clause 10.8 (Early Settlement, Clean-Up Call, Term Takeout) of the Receivables Purchase Agreement, an amount determined as the quotient of (A) the Aggregate Redeemable Amount, divided by (B) the number of Notes of such Class then outstanding.
Sample 1
Redeemable Amount means, with respect to each outstanding Note of any Class and the amounts distributed pursuant to Clause 22.3 (Priorities of Payments) of the Trust Agreement, an amount determined as the quotient of (A) the Aggregate Redeemable Amount, divided by (B) the number of Notes of such Class then outstanding.
Sample 1