Additional Amount definition

Additional Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest (as defined in the Indenture) paid by the Depositor on a Like Amount of Debentures for such period.

Additional Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, an amount equal to the Additional Interest (as defined in clause (ii) of the definition of "Additional Interest" in the Subordinated Indenture) paid by the Depositor on a Like Amount of Junior Subordinated Notes for such period.

Additional Amount has the meaning assigned to that term in Section 2.11(a).

Examples of Additional Amount in a sentence

• The Borrower agrees to pay (or cause to be paid) in cash to the Administrative Agent, for distribution to each Lender on a pro rata basis, a fee in an amount equal to $107,142.86 (the “Deferred Additional Amount”) for each calendar month ending June 30, 2024 through December 31, 2024, which such Deferred Additional Amount shall be payable on the last Business Day of the subsequent month, beginning with the month ending July 31, 2024.

• No Additional Amounts will be payable with respect to the Notes (notwithstanding any provisions of the Base Indenture with respect to Additional Amount obligations).

• The Borrower shall be deemed to have notified the Administrative Agent and each Lender of the Deferred Additional Amount payable for any month in which Tangible Net Worth set forth in the Compliance Certificate is less than $[***].

• Notwithstanding the foregoing, the Deferred Additional Amount shall not be due for any calendar month in which the minimum Tangible Net Worth is greater than or equal to $[***] at the close of business on the last Business Day of such month.

• The Borrower shall pay (or cause to be paid) the Upfront Additional Amount in six (6) equal monthly installments of $125,000 in each case payable on the last Business Day of each month, beginning with the month ending June 30, 2024.

More Definitions of Additional Amount

Additional Amount means, as of the applicable date of determination, with respect to each Preferred Share, all declared and unpaid Dividends on such Preferred Share.

Additional Amount is defined in Section 2.13.

Additional Amount means, for each $1,000 Face Amount of this Security, an amount equal to the product of:

Additional Amount has the meaning set forth in Section 11.3(a).

Additional Amount shall have the meaning assigned to such term in Section 2.15(a).

Additional Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Deferred Interest accrued on interest in arrears and paid by the Depositor on a Like Amount of Debentures for such period, but shall not include Additional Sums, if any.

Additional Amount means, on a per Preferred Share basis, the product of (A) the result of the following formula: (Dividend Rate)(N/365) and (B) the Stated Value.