Required Sum means, for any day, the sum of (x) the aggregate principal amount of Senior Notes (2016) (in the case of the definition of Extended Term B Loan Maturity Date), Existing Senior Notes (in the case of clause (A) of the definition of 2014-1 Additional Term Loan Maturity Date), 2020 Senior Subordinated Notes (in the case of clause (B) of the definition of 2014-1 Additional Term Loan Maturity Date) or 2021 Senior Subordinated Notes (in the case of clause (C) of the definition of 2014-1 Additional Term Loan Maturity Date), outstanding on such day plus (y) $200,000,000.
Required Sum means, for any day, the sum of (x) the aggregate principal amount of Senior Notes (2016) (in the case of the definition of Extended Term B Loan Maturity Date), Existing Senior Notes (in the case of clause (A) of the definition of 2014-1 Additional Term Loan Maturity Date and clause (A) of the definition of 2021 Term B Loan Maturity Date), 2020 Senior Subordinated Notes (in the case of clause (B) of the definition of 2014-1 Additional Term Loan Maturity Date) or 2021 Senior Subordinated Notes (in the case of clause (C) of the definition of 2014-1 Additional Term Loan Maturity Date), outstanding on such day plus (y) $200,000,000.
Required Sum means, as at any date of determination, the sum of (i) the then outstanding amounts of Senior Notes as at such date of determination and (ii) $50,000,000.
Examples of Required Sum in a sentence
Notwithstanding the foregoing, if any Required Sum is payable in accordance with the IBLA Creditor Finance Documents prior to the Due Date, the IBLA Creditor shall notify the Borrower thereof and the Borrower shall pay the IBLA Creditor the amount of the Required Sum in accordance with the IBLA Creditor Finance Documents.
After conducting a [**10] hear- ing on this issue, the district court denied the motion.
More Definitions of Required Sum
Required Sum means, as at any date of determination, the sum of (i) the then outstanding amounts of Senior Notes as at such date of determination and (ii) (x) if as of such date there is a greenfield Material Project either (x) then under construction but in respect of which the Commercial Operation Date has not occurred or (y) in respect of which construction is reasonably expected by the Administrative Borrower to commence prior to the Senior Notes Maturity Date, $150,000,000 and (y) at all other times, $50,000,000.
Required Sum means (i) U.S. $2,600,000 with regard to the entities in the letter described above, (ii) the "Pro-Rata Amount" (as defined below) with regard to any corporation, company, partnership, firm, association or other entity or organization having alone or together with its Affiliates capital and surplus of U.S. $500,000,000 or more and (iii) the lesser of $500,000 or the Pro-Rata Amount with regard to other entities. "Pro-Rata Amount" means U.S. $2,600,000 multiplied by the faction with a numerator equal to 36 months less the number of months (or partial months) from the Date of the Agreement during which the Executive was employed by the Company and a denominator equal to 36. For purposes of this Agreement, an "Affiliate" of the Company (or other person or entity) includes any person, directly or indirectly, through one or more intermediaries, controlling, controlled by, or under common control with the Company (or other person or entity), and such term shall specifically include in the case of the Company, without limitation, XL and XL's majority-owned subsidiaries. While the restrictions aforesaid are considered by the parties hereto to be reasonable in all the circumstances it is recognized that restrictions of the nature in question may fail for reasons unforeseen and accordingly it is hereby declared and agreed that if any of such restrictions or the geographic or other scope thereof shall be adjudged to be void as going beyond what is reasonable in the circumstances for the protection of the interests of the Company and its Affiliates but would be valid if part of the wording thereof were deleted and/or the periods (if any) thereof reduced and/or geographic or other area dealt with thereby reduced in scope then said re- strictions shall apply with such modifications as may be necessary to make them valid and effective. Nothing contained in this Section 11 shall limit in any manner any additional obligations to which Executive may be bound pursuant to any other agreement or any applicable law, rule or regulation and Section 11 shall apply, subject to its terms, after employment has terminated for any reason.
Required Sum means, for any day, the sum of (x) the aggregate principal amount of Senior Notes (2016) outstanding on such day plus (y) $200,000,000.