Specified Portion definition

Specified Portion means an amount equal to (i) $102,000,000 minus (ii) the aggregate amount of obligations under the Existing DIP Credit Agreement that are not repaid in cash on the effective date of the Reorganization Plan.

Specified Portion means that portion of the Evander Mining Right which covers the Specified Mining Area;

Specified Portion means, with respect to each Holder who has agreed to purchase Additional Exchange Notes, the percentage set forth on such Holder’s signature page hereto, provided that the Holders may reallocate each such percentage at any time prior to the Expiration Time by delivering written notice of such reallocation to the Company; provided further that the aggregate amount of all percentages of the Holders who have agreed to purchase Additional Exchange Notes must equal 100% at all times during the term of this Agreement.

Examples of Specified Portion in a sentence

• If and to the extent that the issuance of Default Shares with respect to a given Specified Portion would result in the a violation of the Beneficial Ownership Limitation, then that particular Specified Portion shall be automatically reduced to a value that would cause the number of Default Shares to be issued to equal the Maximum Percentage, and the amount of such reduction shall be added back to the Unpaid Portion of the Default Amount.

• The assumption of liability for the Specified Portion of the Corporate Part includes the assumption of liability for future dividends attributable to such allocated units.

• The City agrees that it will only create other LIPAs or increase the Specified Portion after consultation with the County and only according to terms provided for in an interlocal agreement.

• Local Property Tax Threshold Level 1 shall be satisfied once the City implements exchange ratios consistent with Exhibit B, creates the LIPA as depicted in Exhibit A, and this Agreement is adopted by both Parties which shall trigger the County’s obligation to hold in reserve and sell for transfer into the LIPA 200 Regional TDR Credits as described in Section III.B.2, which represents 25 percent of the City’s Sponsoring City Specified Portion.

• Notwithstanding anything else contained herein to the contrary, you shall forfeit the Specified Portion (as defined below) of the Restricted Stock Units on the Share Ownership Determination Date, if on such date you have not satisfied the Minimum Share Ownership Condition.

More Definitions of Specified Portion

Specified Portion means (x) one-third (1/3) if the Special Termination occurs prior to the beginning of the second fiscal year of the Performance Period, (y) two-thirds (2/3) if the Special Termination occurs on or after the beginning of the second fiscal year of the Performance Period and prior to the beginning of the third fiscal year of the Performance Period and (z) the entire amount if the Special Termination occurs on or after the beginning of the third fiscal year of the Performance Period;

Specified Portion means such portion of the Notes that upon conversion by a Holder will result in a number of ADSs (assuming delivery of the maximum number of ADSs due upon conversion that do not represent a fractional ADS) to be delivered to such Holder to equal to (x) seventy five percent (75%), fifty percent (50%) or twenty five percent (25%) multiplied by (y) the number of ADSs calculated as (i) the aggregate principal amount of the Notes issued on the date of this Indenture divided by (ii) US$1,000 and multiplied by (A) the Conversion Rate (in the case of conversion of the Notes pursuant to Section 14.01(a)) or (B) the Qualified Equity Financing Conversion Rate (in the case of conversion of the Notes pursuant to Section 14.01(b)), in each case, in effect immediately prior to the close of business on the relevant Conversion Date or the Qualified Equity Financing Conversion Date (as the case may be).

Specified Portion means the percentage of the shares of Common Stock owned by the Existing Stockholders, which (when aggregated with the shares of Common Stock purchased by Rho at the Initial Closing or otherwise beneficially owned by it and eligible to be voted in such Company Stockholders’ Vote) equals 40% of the outstanding shares of Common Stock of the Company. The Specified Portion shall be allocated among the Existing Stockholders on a pro rata basis in proportion to their respective share ownership as of the date of the Company Stockholders’ Vote.

Specified Portion means, with respect to any repayment required under clause (b)(ii)(B), (b)(iii) or (c) of Section 7.11 or any Commitment (as defined in the Xxxxxx Credit Agreement) reduction pursuant to clause (ii)(B)(2), (ii)(C) or (iii) of Section 2.11(b) of the Xxxxxx Credit Agreement, (a) with respect to the Commitments, 50%, (b) with respect to the Obligations, 40% and (c) with respect to the Mortgage Facility Obligations, 10%; provided that if at the time that any such Commitment (as defined in the Xxxxxx Credit Agreement) reduction or repayment would otherwise be required, (i) the aggregate Commitments (as defined in the Xxxxxx Credit Agreement) of all Existing Banks have been reduced to $85,000,000 or would be reduced to $85,000,000 by the application of less than the applicable Specified Portion of the applicable amount, (ii) the Obligations have been repaid in full or would be repaid in full by the application of less than all of the applicable Specified Portion of the applicable amount or (iii) the Mortgage Facility Obligations have been repaid in full or would be repaid in full by the application of less than all of the applicable Specified Portion of the applicable amount, the Specified Portion (or the portion of such Specified Portion in excess of the amount necessary to reduce such aggregate Commitments (as defined in the Xxxxxx Credit Agreement) to $85,000,000 or to repay such Obligations or Mortgage Facility Obligations in full) that would otherwise have been applied to reduce such Commitments (as defined in the Xxxxxx Credit Agreement) or repay such Obligations or Mortgage Facility Obligations shall be included in the Specified Portions applicable to the outstanding Commitments (as defined in the Xxxxxx Credit Agreement) in excess, in the aggregate for all Existing Banks, of $85,000,000 and the Obligations and Mortgage Facility Obligations remaining outstanding in proportion to the relative Specified Portions set forth in clauses (a), (b) and (c) above.

Specified Portion means a portion of the Class A Units whose aggregate Fair Market Value (determined as of the date the Put Right is exercised) is equal to or less than $14,325,000.

Specified Portion means, with respect to any Lease Supplement as of any date of determination, the Supplement Balance of such Lease Supplement at the immediately preceding Payment Date minus the Applicable Percentage Amount of such Lease Supplement at such Payment Date.

Specified Portion means $102 million minus the aggregate amount of obligations under Borrower’s DIP credit agreement that are not repaid in cash on the effective date of the Plan.