Redeemable Amount definition

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
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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 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.
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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.

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

  • 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.

  • The Redeemable Amount shall equal: ($78.10/ the Conversion Factor) - ($70.00 x Common Stock Amount (calculated as of the date of death); ($39.05/ the Conversion Factor) - ($35.00 x Common Stock Amount (calculated as of the date of death) (after the 6/15/05 Stock Split).

  • 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.


More Definitions of Redeemable Amount

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.
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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.
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Related to Redeemable Amount

  • non-redeemable investment fund means an issuer:

  • Redeemable Shares means redeemable shares in accordance with section 206 of the 1990 Act.

  • Redeemable Capital Stock means any shares of any class or series of Capital Stock that, either by the terms thereof, by the terms of any security into which it is convertible or exchangeable or by contract or otherwise, is or upon the happening of an event or passage of time would be, required to be redeemed prior to the Stated Maturity with respect to the principal of any Security or is redeemable at the option of the holder thereof at any time prior to any such Stated Maturity, or is convertible into or exchangeable for debt securities at any time prior to any such Stated Maturity.

  • Redeemable Interests means any Partnership Interests for which a redemption notice has been given, and has not been withdrawn, pursuant to Section 4.10.

  • Redeemable Capital Interests in any Person means any equity security of such Person that by its terms (or by terms of any security into which it is convertible or for which it is exchangeable), or otherwise (including the passage of time or the happening of an event), is required to be redeemed, is redeemable at the option of the holder thereof in whole or in part (including by operation of a sinking fund), or is convertible or exchangeable for Indebtedness of such Person at the option of the holder thereof, in whole or in part, at any time prior to the Maturity Date; provided that only the portion of such equity security which is required to be redeemed, is so convertible or exchangeable or is so redeemable at the option of the holder thereof before such date will be deemed to be Redeemable Capital Interests. Notwithstanding the preceding sentence, any equity security that would constitute Redeemable Capital Interests solely because the holders of the equity security have the right to require any of Borrower or its Subsidiaries to repurchase such equity security upon the occurrence of a Change of Control, Qualified Equity Offering or an Asset Sale will not constitute Redeemable Capital Interests if the terms of such equity security provide that Borrower or its Subsidiaries may not repurchase or redeem any such equity security pursuant to such provisions unless such repurchase or redemption complies with Section 6.9. The amount of Redeemable Capital Interests deemed to be outstanding at any time for purposes of this Agreement will be the maximum amount that Borrower and its Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Redeemable Capital Interests or portion thereof, exclusive of accrued dividends.