Termination Payment Amount means, as of any given Termination Settlement Date, the sum of (a) the Funded Amount, (b) to the extent that the Aggregate Unreimbursed Purchase Discount has not been paid in full, the Accrued Aggregate Unreimbursed Purchase Discount and (c) any other amounts owing to the Administrative Agent or any Purchaser by a Seller under this Agreement as of such Termination Settlement Date.
Termination Payment Amount has the meaning set forth in Section 5(f).
Termination Payment Amount shall have the meaning ascribed in Article 6.3(c) hereof.
Examples of Termination Payment Amount in a sentence
On the Transfer Date, the Government shall cause the Termination Payment Amount to be paid in US Dollars to a bank account nominated by the Sponsor at least three (3) Business Days prior to the Transfer Date.
More Definitions of Termination Payment Amount
Termination Payment Amount means, as of any given Termination Settlement Date, the sum of (a) the Funded Amount, (b) to the extent that the Aggregate Unreimbursed Purchase Discount has not been paid in full, the Accrued Aggregate Unreimbursed Purchase Discount and (c) any other amounts owing to the Administrative Agent or any Purchaser by a Seller under this Agreement as of such Termination Settlement Date. “Termination Settlement Date” means the Termination Date, and each Tuesday and Thursday following the Termination Date; provided, however, that (a) if a Termination Settlement Date falls on a day that is not a Business Day, then the Termination Settlement Date shall be the next following Business Day, (b) the Administrative Agent may, by written notice to the Seller Representative, increase the frequency of Termination Settlement Dates (such that, in addition to each Tuesday and Thursday, a Termination Settlement Date may occur on a Monday, Wednesday and/or Friday, as directed by the Administrative Agent in its sole discretion) and (c) the final Termination Settlement Date shall occur on the Final Collection Date. “Total Available Funding Amount” means the Aggregate Commitments minus the Total Outstanding Amount. “Total Outstanding Amount” means, as of any date of determination, the result of (i) the Net Face Values of all Eligible Receivables (for each Purchased Receivable, such Net Face Value being determined as of the Purchase Date therefor) minus (ii) all Collections received and deposited in the Administrative Agent’s Account in connection with such Eligible Receivables. “U.S. Government” means the federal government of the United States of America. “UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York; provided, if by reason of mandatory provisions of Law, the perfection, the effect of perfection or non-perfection or the priority of the security interests of the Administrative Agent is governed by the Uniform Commercial Code as in effect in a jurisdiction other than New York, the term “UCC” shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. “UCC Information” means the information set forth on Schedule B. “Unused Fee” as defined in Section 3.6. Section 1.1.
Termination Payment Amount. For each Payment Date, an amount in USD equal to the product of the Applicable Number of Options for such Payment Date and the Termination Value for such Payment Date, as set forth in the Calculation Agent’s Notice for the related Purchase Date. Applicable Number of Options: For each Payment Date, the Number of Purchased Convertible Notes for such Payment Date, as set forth in the Calculation Agent’s Notice for the related Purchase Date.
Termination Payment Amount means an amount equal to five (5) years of the Marketing Agent Fees that would be paid with respect to the Trust (i.e., 15 basis points of the daily Adjusted Net Asset Value up to and including thirty billion dollars ($30,000,000,000) and 10 basis points of the daily Adjusted Net Asset Value over thirty billion dollars ($30,000,000,000)), calculated using the daily Adjusted Net Asset Value average of the Trust for the 6 month period immediately preceding the Termination Date.
Termination Payment Amount has the meaning specified in Article 11.2(f).
Termination Payment Amount. An amount in USD equal to the product of the Applicable Number of Options and the Termination Value.
Termination Payment Amount means, in connection with any Sub Project Early Handback arising as a result of an event listed under "Termination Event" in the table set out below, an amount calculated as of the relevant Transfer Date in accordance with the provision set out under "Termination Payment Amount" opposite the relevant event: Termination Event Termination Payment Amount
Termination Payment Amount means: (1) the sum of (A) the product of (i) the sum of the amount of actual EBITDA of the Company Business Unit generated from the beginning of the Earn-out Period until the Termination Date, plus, the Present Value of Projected EBITDA, multiplied by (ii) twenty-five percent (0.25), plus (B) the Earn-out Accrued Interest calculated pursuant to Section 1.7(i) as of the Termination Date, and (C) if the Termination occurs prior to the date of payment of the Initial Earn-out Payment, then plus the Projected Revenue; or (2) such other amount as mutually agreed upon in good faith by the Buyer and the Stockholders’ Representative at such time.