Required Sum definition

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.
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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.
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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.
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Examples of Required Sum in a sentence

  • Where a Generator has provided collateral in the form of a letter of credit, no later than [a period to be determined] before the letter of credit is due to expire the Generator shall ensure that the letter of credit is extended or shall procure that a new letter of credit is issued by a [qualifying issuer with a credit rating to be determined] valid for the remainder of the Cover Period (or, as the case may be, a lesser period [to be determined]) in respect of the Required Sum.

  • Required Sum = 8 + 4 + 8 + 9 = 29 Hence, the correct answer is option A.

  • After conducting a [**10] hear- ing on this issue, the district court denied the motion.

  • 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.

  • Total Estimated Cash Required (Sum of Lines 5 through 13) $ 11,000,000.Note: Line 17 must equal or exceed Line 14Section K – Prinicipal Participants1.


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) $50,000,000.
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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.
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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.
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Related to Required Sum

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

  • Required Subordinated Amount means, as of a date, the sum of:

  • 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;

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class A( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class A( - ) Adverse Event, the Nominal Liquidation Amount of the Class A( - ) Notes, and (iii) in all other circumstances, zero.

  • Existing Loan means the loan identified on Exhibit H.

  • Title Commitments has the meaning set forth in Section 5.9.

  • Deposit-type contract means contracts that do not incorporate mortality or morbidity risks and as may be specified in the valuation manual.

  • Title Policies has the meaning set forth in Section 6.17.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Title Policy shall have the meaning set forth in Section 4.2.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Line Item means a field of information (or a combination of fields of information) to be entered in a Settlement Schedule by any Participating Subscriber in relation to a Conveyancing Transaction.

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 14, 2020, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Borrower shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Title Commitment shall have the meaning set forth in Section 4.2.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Extended Loans has the meaning specified in Section 2.17(a).

  • Tenant Deposits means all security deposits, prepaid rentals, cleaning fees and other refundable deposits and fees collected from Tenants, plus any interest accrued thereon, paid by Tenants to Seller pursuant to the Leases. Tenant Deposits shall not include any non-refundable deposits or fees paid by Tenants to Seller, either pursuant to the Leases or otherwise.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.