Examples of Separate Senior Notes Purchase Price in a sentence
The Remarketing Agent will deduct as a remarketing fee an amount equal to the lesser of (x) 25 basis points (.25%) of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price and (y) any proceeds of such Successful Remarketing in excess of the Treasury Portfolio Price plus the Separate Senior Notes Purchase Price.
To the extent that such excess proceeds are less than 25 basis points of the Treasury Portfolio Price plus the Separate Senior Notes Purchase Price, the Company shall pay an amount, as an additional remarketing fee, to the Remarketing Agent equal to such shortfall (such amount, together with the amount in the previous sentence, the “Remarketing Fee”).
To the extent that such amount is less than 25 basis points of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price, the Company shall pay an amount, as an additional remarketing fee, to the Remarketing Agent equal to such shortfall (such amount, together with the amount in the previous sentence, the “Remarketing Fee”).
In any such case, the Remarketing Agent may deduct the applicable Remarketing Fee from any amount of the proceeds from the Successful Remarketing in excess of 100% of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price (if any), in the case of a Successful Early Remarketing, or the aggregate principal amount of Remarketed Senior Notes, in the case of a Successful Final Remarketing.
To the extent that such excess proceeds are less than 25 basis points of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price, the Company shall pay an amount, as an additional remarketing fee, to the Remarketing Agent equal to such shortfall (such amount, together with the amount in the previous sentence, the “Remarketing Fee”).
The Remarketing Agent may deduct as a remarketing fee an amount not exceeding 25 basis points (.25%) of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price from any proceeds of the Successful Remarketing in excess of the Treasury Portfolio Price plus the Separate Senior Notes Purchase Price.
If, in spite of using its reasonable efforts, the Remarketing Agent cannot remarket the related Senior Notes in the Initial Remarketing (other than to the Company) at a price (net of fees and commissions) not less than 100% of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price or a condition precedent set forth in the Remarketing Agreement is not fulfilled, the Initial Remarketing will be deemed to have failed (a "FAILED INITIAL REMARKETING").
Upon receiving such Pledged Senior Notes, the Remarketing Agent, pursuant to the terms of the Remarketing Agreement, will use its reasonable efforts to remarket such Pledged Senior Notes on the Second Remarketing Date at a price of approximately 100.50% (but not less than 100%) of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price.
The Remarketing Agent may deduct as a remarketing fee (the "REMARKETING FEE") an amount up to the lesser of (i) 25 basis points (0.25%) of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price and (ii) the amount of the proceeds of such Remarketing in excess of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price.
The Remarketing Agent may deduct as a remarketing fee (the "Remarketing Fee") an amount equal to 25 basis points (0.25%) of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price.