Revised Senior Debt Termination Amount definition

Revised Senior Debt Termination Amount has the meaning given in Section 6 (Definitions) of Schedule Part 17 (Compensation on Termination);

Revised Senior Debt Termination Amount means, subject to Clause 4.3 and Refinancing: all amounts outstanding at the Termination Date, including interest and (other than in respect of Additional Permitted Borrowing) Default Interest accrued as at that date, from Sub-hubco to the Senior Funders in respect of Permitted Borrowing; and all amounts including costs of early termination of interest rate hedging arrangements and other breakage costs, payable by Sub-hubco to the Senior Funders as a result of a prepayment in respect of Permitted Borrowing, or, in the case of early termination or interest rate hedging arrangements only, as a result of termination of this Agreement subject to Sub-hubco and the Senior Funders mitigating all such costs to the extent reasonably possible; less, to the extent it is a positive amount, the aggregate of (without double counting in relation to the calculation of the Revised Senior Debt Termination Amount or the amounts below): all credit balances on any bank accounts (but excluding the Insurance Proceeds Account) held by or on behalf of Sub-hubco on the Termination Date; any amounts claimable on or after the Termination Date in respect of Contingent Funding Liabilities; all amounts, including costs of early termination of interest rate hedging arrangements and other breakage costs, payable by the Senior Funders to Sub-hubco as a result of prepayment of amounts outstanding in respect of Permitted Borrowing, or, in the case of early termination of interest rate hedging arrangements only, as a result of termination of this Agreement; all other amounts received by the Senior Funders on or after the Termination Date and before the date on which any compensation is payable by the Authority to Sub-hubco as a result of enforcing any other rights they may have; and all APB Distributions;

Revised Senior Debt Termination Amount means, subject to Clause 6.3 (Changes to the Financing Agreements):

Examples of Revised Senior Debt Termination Amount in a sentence

• The Authority shall be entitled to rely on the certificate of the [Senior Funders' Agent] as conclusive as to the amount of the Base Senior Debt Termination Amount or Revised Senior Debt Termination Amount (as the case may be) outstanding at any relevant time.

• Interest Where the Authority elects to pay the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) element of the Termination Sum in instalments pursuant to clause 56.2 (Instalments), from the Notice Date until the date of payment, interest shall accrue on any unpaid element of the Termination Sum at the Senior Debt Rate and be payable on the next occurring Instalment Date.

• Revised Senior Debt Termination Amount This definition assumes debt finance.

• Payment of Outstanding Element If the Authority has elected to pay in accordance with clause 56.2 (Instalments) it may (on twenty (20) Business Days' prior written notice to the Contractor) elect to pay any outstanding element of the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) together with any interest accrued pursuant to clause 56.3 (Interest) in full on any Instalment Date.

• The Province shall be entitled, but shall not be obligated, to rely on a certificate of the Agent as conclusively establishing the amount of the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount outstanding at any relevant time.

More Definitions of Revised Senior Debt Termination Amount

Revised Senior Debt Termination Amount means the amount of the Senior Debt as at the Termination Date with per diem interest on amounts falling within paragraph (a) of the definition of Senior Debt calculated at the non default interest rate provided for such amounts in the Senior Financing Agreements for the period from (but excluding) the Termination Date until (and including) the Termination Payment Date;

Revised Senior Debt Termination Amount means, subject to Section 5.14 [Changes Not to Increase Province’s Liability], the aggregate, without duplication, of:

Revised Senior Debt Termination Amount. Senior Financing Agreements" "Services"

Revised Senior Debt Termination Amount means, subject to Clause 21.322.3 (Changes to Financing Agreements) and Project Documents):

Revised Senior Debt Termination Amount means, subject to Section 2.3.4, the aggregate of:

Revised Senior Debt Termination Amount means, subject to Clause 7.2(Changes to Funding Agreements):

Revised Senior Debt Termination Amount means: all amounts outstanding at the Termination Date, including interest and Default Interest accrued as at that date, from PPP Co. to the Senior Lenders under the Senior Funding Agreements including in respect of Permitted Borrowing other than any such amounts that are in respect of Additional Permitted Borrowing; all amounts of Additional Permitted Borrowing including interest but excluding Default Interest outstanding at the Termination Date, including such Additional Permitted Borrowing accrued at that date; and all amounts including costs of early termination of interest rate hedging arrangements and other breakage costs, payable by PPP Co. to the Senior Lenders as a result of a prepayment under the Senior Funding Agreements including in respect of Permitted Borrowing, subject to PPP Co. and the Senior Lenders mitigating all such costs to the extent reasonably possible, less, to the extent it is a positive amount, the aggregate of (without double counting in relation to the calculation of the Revised Senior Debt Termination Amount or the amounts below): all credit balances on any bank accounts (but excluding the Joint Insurance Account held by or on behalf of PPP Co.) on the Termination Date; any amounts claimable on or after the Termination Date in respect of Contingent Funding Liabilities; all amounts, including costs of early termination of interest rate hedging arrangements and other breakage costs, payable by the Senior Lenders to PPP Co. as a result of prepayment of amounts outstanding under the Senior Funding Agreements including in respect of Permitted Borrowing; all other amounts received by the Senior Lenders on or after the Termination Date and before the date on which any compensation is payable by the Authority to PPP Co. as a result of enforcing any other rights they may have; and all APB Distributions