Rollover Amount Sample Clauses
The Rollover Amount clause defines the portion of an outstanding balance, such as a loan or credit facility, that is carried forward into a subsequent period rather than being repaid at the end of the current term. In practice, this clause specifies the conditions under which a borrower may extend the repayment of principal, often subject to approval or additional interest charges. Its core function is to provide flexibility in repayment schedules, allowing parties to manage cash flow more effectively and avoid default by extending obligations under agreed terms.
Rollover Amount. (a) Recital C of the Rollover Agreement is hereby amended and restated in its entirety as set forth below:
Rollover Amount. The term “Rollover Amount” shall have the meaning set forth in the Merger Agreement.
Rollover Amount. The Rollover Amount from the Prior Agreement, determined as of the date this Agreement is adopted.
Rollover Amount. Rollover Amount" means the amount determined by the Committee in its sole discretion to represent the balance of the obligation to specifically named Participants under a Predecessor Plan, which is to be added to an Account in this Plan. It is intended that the Rollover Amount shall be determined in accordance with the terms of the applicable Predecessor Plan. Such Rollover Amount shall be determined by the Committee and added to the appropriate Account under this Plan as of the later of the original effective date of this Plan or the date that the Participant first becomes eligible to participate in this Plan.