Common use of Make-Whole Amounts Clause in Contracts

Make-Whole Amounts. “Make-Whole Amount” means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such Note over the amount of such Called Principal, provided that the Make-Whole Amount may in no event be less than zero. For the purposes of determining the Make-Whole Amount, the following terms have the following meanings:

Appears in 1 contract

Sources: Note Purchase Agreement (Parexel International Corp)

Make-Whole Amounts. The term "Make-Whole Amount” means, " means with respect to any Note, a Note an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such Note over the amount of such Called Principal, provided that the Make-Whole Amount may in no event be less than zero. For the purposes of determining the Make-Whole Amount, the following terms have the following meanings:

Appears in 1 contract

Sources: Note Purchase Agreement (Philadelphia Suburban Corp)