Warrant Termination Payment definition

Warrant Termination Payment. Any amounts available for payment pursuant to the Distribution Priorities above as a Warrant Termination Payment.
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Warrant Termination Payment. Any amounts available for payment pursuant to the Distribution Priorities above as a Warrant Termination Payment. Tender Offers: The Trust will not participate in any tender offer for the Underlying Securities and the Trustee will not accept any instructions to the contrary from the Unitholders, except in connection with an exercise by a Warrantholder of Warrants. Any Warrantholder may exercise Warrants in connection with any tender offer for the Underlying Securities and the Trustee may participate in the tender offer on behalf of an exercising Warrantholder. Depositor Optional Exchange: Depositor Optional Exchange applies to this Series of Units.
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Warrant Termination Payment means the amount of consideration to be paid by the Company to the Warrantholder as set forth on Schedule 3.3.
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Examples of Warrant Termination Payment in a sentence

  • Warrants so terminated shall be entitled to the applicable Warrant Termination Payment.

  • For purposes of Sections 2.02, 2.03, 3.02(b), 3.02(c), 3.02(f), 3.04, 3.05, 3.08, 4.02(b), 4.02(c), 7.02, 9.03(b), 9.05, 10.02(a)(x), 10.07, 10.12, 10.13, 11.01, and 12.01 of the Standard Terms as incorporated herein, use of the term Swap Counterparty shall be deemed to be use of the term Warrantholder, use of the term Swap Agreement shall be deemed to be use of the term Warrants and use of the term Swap Termination Payment shall be deemed to be use of the term Warrant Termination Payment.

  • FOURTH, if there is no Warrant Termination Payment, any remaining amounts, if any, are paid to the Unitholders of the Units being redeemed, pro rata in proportion to the Unit Principal Balance.

  • FIFTH, if there is no Warrant Termination Payment, any remaining amounts, if any, to the payment of an additional distribution amount to the holders of the Units equal to the pro rata portion of the excess of (i) the principal payment received with respect to the underlying securities over (ii) the aggregate unit principal balance on the final scheduled distribution date.

  • The Buyer and the Sellers agree that no deduction related to the Option Termination Payment to any Optionholder or the Warrant Termination Payment shall be taken into account in the calculation of the actual Working Capital Closing Value and the actual Working Capital Adjustment.

  • Remaining amounts will then be allocated to any Additional Distribution on the Class B Units as set forth under "Additional Distributions" and then to any applicable Warrant Termination Payment.

  • Warrant Termination Payment: Any amounts available for payment pursuant to the Distribution Priorities above as a Warrant Termination Payment.

  • If the proceeds of liquidation exceed the combined claim amounts of the Class A Units and the Class B Units, as determined above in this paragraph, the excess will be paid to the Expense Administrator, as to amounts constituting remaining accrued interest, and to any Warrantholders, as to any other remaining amounts, as a Warrant Termination Payment.


More Definitions of Warrant Termination Payment

Warrant Termination Payment. With respect to each $1,000 of Unit Principal Balance of Class A Units and each $1,000 Notional Amount of Class B Units corresponding to a Warrant, an amount equal to the excess (if any) of the sale proceeds or redemption proceeds of the corresponding Underlying Securities, as applicable, reduced by (w) accrued interest on the Underlying Securities, (x) $1,000 with regard to the Unit Principal Balance of the corresponding Class A Units, (y) the Class B Present Value Amount with respect to $1,000 of the Notional Amount of Class B Units to be redeemed in relation to such sale or redemption and (z) any Additional Distribution on each Class A Unit to be redeemed in relation to such sale or distribution.
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Related to Warrant Termination Payment

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Termination Price As defined in Section 9.01.

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Termination Payments has the meaning specified in Section 10(a).

  • Early Termination Event has the meaning specified in Section 9.2.

  • Compensation Accrued at Termination means the following:

  • Agreement Termination Date is defined in Section 7.4.

  • Optional Termination Price On any date after the Initial Optional Termination Date, an amount equal to the sum of (A) the aggregate Stated Principal Balance of each Mortgage Loan (other than any Mortgage Loan that has become an REO Property) as of the Distribution Date on which the proceeds of the Optional Termination are distributed to the Certificateholders, plus accrued interest thereon at the applicable Mortgage Rate as of the Due Date preceding the Distribution Date on which the proceeds of the Optional Termination are distributed to Certificateholders and the fair market value of any REO Property, plus accrued interest thereon as of the Distribution Date on which the proceeds of the Optional Termination are distributed to Certificateholders, (B) any unreimbursed out-of-pocket costs and expenses owed to the Master Servicer, the Trustee or the Securities Administrator (including any amounts incurred by the Securities Administrator in connection with conducting the Auction), a Servicer or the Master Servicer and any unpaid or unreimbursed Servicing Fees, Monthly Advances and Servicing Advances, (C) any unreimbursed costs, penalties and/or damages incurred by the Trust Fund in connection with any violation relating to any of the Mortgage Loans of any predatory or abusive lending law and (D) in the event an Auction has been conducted, all reasonable fees and expenses incurred by the Securities Administrator to conduct the Auction.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Servicer Termination Notice Defined in Section 6.15.