Repurchase Interest definition

Repurchase Interest has the meaning given to such term in Section 9.4.
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Repurchase Interest has the meaning set forth in Section 5.3.
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Repurchase Interest means 50% of the rights and obligations of Purchaser under the Funding Agreement and 50% of any common shares of the Company issued to Purchaser or its designated Subsidiary pursuant thereto, which shall be free and clear of any Encumbrances (except in favor of Ericsson and the Lenders under the Secured Loan Agreement).
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Examples of Repurchase Interest in a sentence

  • Hospital may settle, compromise or adjust any Account during the term of IFS’ ownership upon (i) written notice to IFS; and (ii) payment to IFS of the amount of such adjustment, compromise or reduction plus interest on such amount at the Repurchase Interest Rate from and including the date of purchase to the date of payment by the Hospital.

  • Notwithstanding the foregoing provisions of this Section 9.4, if the Employee Member has an Employment Agreement and the Employee Member terminated his or her employment for Good Reason (as defined in any such Employment Agreement), then the Repurchase Interest Holders may retain their Common Units by so notifying the Company in writing within 10 days after receipt of the Repurchase Notice (the “Retention Exercise Notice”).

  • Within thirty (30) days after the Repurchase Event, CIC shall provide the Repurchase Partner with a notice (the "Initial Notice") setting forth CIC's opinion of the Fair Market Value (as defined below) of the Repurchase Interest.

  • The exercise by the Company of the Repurchase Option and the other rights granted under this Section 9.4 shall be determined on behalf of the Company by the Board of Managers, excluding any Repurchase Interest Holder.

  • The Repurchase Notice shall set forth (i) a date or time of not more than 60 days from the delivery date on which closing of the purchase of the Repurchase Interest will occur and (ii) the portion of the Repurchase Interest to be purchased.

  • Within sixty days following a Repurchase Event (as defined in Section 11.1(d)(ii) below), CILP or its nominee shall have the option (the "Repurchase Option") of repurchasing the Repurchase Interest, as determined under subsection 11.1(f) below, of a Management Partner in respect of whom the Repurchase Event has occurred (the "Repurchase Partner").

  • On the Repurchase Closing Date, Wilxxxxx Xxmmunications shall have deposited in the account specified by Purchaser the Repurchase Price in U.S. currency, in immediately payable funds, and the Purchaser shall deliver such documents as shall be necessary to assign and transfer the Repurchase Interest.

  • At December 31, 1996 Repurchase Interest Amortized Estimated (dollars in thousands) Liability Rate Cost Market Value ------------------------------------------------------------------------------------------------------------------------------------ Due in 31 to 90 days.....................

  • Such notice shall specify the Repurchase Event and the amount of Repurchase Interest which will be purchased in the aggregate and the date of closing of the repurchase, which shall be a date not less than five business days nor more than thirty days following the date of the notice.

  • If the Option or this Agreement terminates pursuant to Section 2.03 or 3.05(a) or (b) hereof, Wilxxxxx Xxmmunications (or its permitted assigns) shall have the right at any time on or before the Repurchase Exercise Date to acquire the Repurchase Interest for a price equal to the Repurchase Price.


More Definitions of Repurchase Interest

Repurchase Interest means, with respect to any portion or all of the Repurchase Shares the Company is repurchasing as of any Repurchase Time, the sum of (i) any interest accrued on the respective Repurchase Principal at the rate of interest equal to the LIBOR as of the Repurchase Benchmark Date plus 5% per annum, compounded annually, during the period commencing on the date immediately following the date on which the Repurchase Notice is mailed or delivered until and including the earlier of (x) such Repurchase Time, or (y) the close of the 120th day following the date on which the Repurchase Notice is mailed or delivered, and (ii) any interest accrued on the respective Repurchase Principal at the rate of interest equal to the three-month LIBOR as of the Repurchase Benchmark Date (as specified on lxxxxxxxx.xxx) plus 10% per annum, for the period commencing on the date that is 120 days following the date on which the Repurchase Notice is mailed or delivered until the date of payment for such Repurchase Shares, if any. Interest shall be computed on the basis of a year having 360 days (comprised of twelve months each having 30 days) and the actual days elapsed.
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Related to Repurchase Interest

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.

  • Repurchase Price means, with respect to any Loan the Book Value, adjusted to reflect changes to Book Value after Bank Closing, plus (i) any advances and interest on such Loan after Bank Closing, minus (ii) the total of amounts received by the Assuming Bank for such Loan, regardless of how applied, after Bank Closing, plus (iii) advances made by Assuming Bank, plus (iv) total disbursements of principal made by Receiver that are not included in the Book Value.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Repurchase Date has the meaning specified in Section 14.1.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Repurchase Proceeds the Repurchase Price in connection with any repurchase of a Mortgage Loan by the Seller and any cash deposit in connection with the substitution of a Mortgage Loan.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Receivable Interest means, at any time, an undivided percentage ownership interest in (i) all then outstanding Pool Receivables arising prior to the time of the most recent computation or recomputation of such undivided percentage interest pursuant to Section 2.03, (ii) all Related Security with respect to such Pool Receivables, and (iii) all Collections with respect to, and other proceeds of, such Pool Receivables. Such undivided percentage interest shall be computed as

  • Interest Option means LIBOR or the Reference Rate.

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Repurchase Notice has the meaning set forth in Section 8.6(a).

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

  • Asset Interest is defined in Section 2.1(b).

  • Base Interest Fraction With respect to any Principal Prepayment on any Mortgage Loan and with respect to any Class of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-AB, Class A-S, Class B, Class C, Class D and Class E Certificates, a fraction (a) whose numerator is the amount, if any, by which (i) the Pass-Through Rate on such Class of Certificates exceeds (ii) the discount rate used in accordance with the related Loan Documents in calculating the Yield Maintenance Charge with respect to such Principal Prepayment (or, if the Yield Maintenance Charge is a fixed percentage of the principal balance of the related Mortgage Loan, the yield rate applicable to any related yield maintenance charge or that is otherwise described in the related Loan Documents) and (b) whose denominator is the amount, if any, by which (i) the Mortgage Rate on such Mortgage Loan exceeds (ii) the discount rate used in accordance with the related Loan Documents in calculating the Yield Maintenance Charge with respect to such Principal Prepayment (or, if the Yield Maintenance Charge is a fixed percentage of the principal balance of the related Mortgage Loan, the yield rate applicable to any related yield maintenance charge or that is otherwise described in the related Loan Documents); provided, however, that under no circumstances shall the Base Interest Fraction be greater than one. If the discount rate referred to in the preceding sentence is greater than or equal to both of (x) the Mortgage Rate on the related Mortgage Loan and (y) the Pass-Through Rate described in the preceding sentence, then the Base Interest Fraction shall equal zero, and if such discount rate is greater than or equal to the Mortgage Rate on such Mortgage Loan, but less than the Pass-Through Rate described in the preceding sentence, then the Base Interest Fraction shall equal one.

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with this Statement and the VRDP Purchase Agreement.

  • Accrued Note Interest means, for a Class and a Payment Date, the sum of the Note Monthly Interest and the Note Interest Shortfall.

  • Available Interest With respect to any Distribution Date, the sum of the following amounts with respect to the prior Monthly Period:

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.