Additional Reserve Amount definition

Additional Reserve Amount means an amount in EUR specified as such in the relevant Additional Reserve Amount Notice which amount must be equal to or greater than the Minimum Reserve Amount and an integral multiple of EUR 100,000.
Additional Reserve Amount means an amount in GBP specified as such in the relevant Additional Reserve Amount Notice which amount must be equal to or greater than the Minimum Reserve Amount and an integral multiple of GBP 500,000.
Additional Reserve Amount means fifty seven million Dollars (US$ 57,000,000).

Examples of Additional Reserve Amount in a sentence

  • After delivery of an Additional Reserve Amount Notice, no Noteholder may transfer any Notes until after receipt by the Issuer of the relevant Additional Reserve Amount.

  • Failure properly to complete and deliver an Additional Reserve Amount Notice or to provide any evidence of ownership of the Notes required by the Swap Calculation Agent may result in such notice being treated as null and void.

  • No Additional Reserve Amount Notice may be withdrawn after receipt thereof by the Issuer, the Trustee and the Swap Counterparty.

  • Failure properly to complete and deliver an Additional Reserve Amount Notice may result in such notice being treated as null and void.

  • Any determination as to whether (i) such notice has been properly completed and is valid, (ii) the relevant Noteholder has duly given notice and (iii) the Additional Reserve Amount has been duly paid, in each case in accordance with these Terms, shall be made by the Swap Counterparty acting in its sole discretion and shall be conclusive and binding on the Issuer, the Trustee and the Noteholders.


More Definitions of Additional Reserve Amount

Additional Reserve Amount shall have the meaning assigned to such term in Section 5.02(z).
Additional Reserve Amount means, as of any date of determination, the amount for the corresponding period as set forth in the table below: Period Additional Reserve Amount September 1, 2023 through September 7, 2023 $ 110,000.00 September 8, 2023 through September 14, 2023 $ 160,000.00 September 15, 2023 through September 21, 2023 $ 210,000.00 September 22, 2023 through September 28, 2023 $ 260,000.00 September 29, 2023 through October 5, 2023 $ 310,000.00 October 6, 2023 through October 12, 2023 $ 360,000.00 October 13, 2023 through October 19, 2023 $ 410,000.00 October 20, 2023 through October 26, 2023 $ 460,000.00 October 27, 2023 through November 2, 2023 $ 510,000.00 November 3, 2023 through November 9, 2023 $ 560,000.00 November 10, 2023 through November 2, 2023 $ 610,000.00 November 17, 2023 through November 23, 2023 $ 660,000.00 November 24, 2023 through November 30, 2023 $ 710,000.00 December 1, 2023 through December 7, 2023 $ 760,000.00 December 8, 2023 through December 14, 2023 $ 810,000.00 December 15, 2023 through December 21, 2023 $ 860,000.00 December 22, 2023 through December 28, 2023 $ 910,000.00 December 29, 2023 through January 4, 2023 $ 960,000.00 January 5, 2024 through January 11, 2023 $ 1,010,000.00 January 12, 2024 through January 18, 2023 $ 1,060,000.00 January 19, 2024 through January 25, 2023 $ 1,110,000.00 January 26, 2024 through February 1, 2023 $ 1,160,000.00 February 2, 2024 through February 8, 2023 $ 1,210,000.00 February 9, 2024 through February 15, 2023 $ 1,260,000.00 February 16, 2024 and at all times thereafter $ 1,300,000.00
Additional Reserve Amount has the meaning assigned to such term in Section 5.13(c).
Additional Reserve Amount means, at any time (i) if the Step-Up Date has not occurred, $2,500,000 or (ii) at any time on or after the Step-Up Date, $20,000,000; provided that in the event the Borrower makes an optional prepayment of at least $50,000,000 in principal amount of the Loans in accordance with Section 2.6 on or prior to March 31, 2020, then (i) the Additional Reserve Amount shall not exceed $10,000,000 and (ii) so long as no Default or Event of Default has occurred or is continuing or would result therefrom, any amounts on deposit in the Blocked Liquidity Account in excess of the Additional Reserve Amount shall be released to Borrower upon such prepayment and, in addition, may be used to make such prepayment and if requested by the Borrower shall be released to the Borrower at the time of such prepayment in order to effectuate such prepayment and, in any event, the Agent agrees to provide any notice reasonably required by the financial institution at which the Blocked Liquidity Account is held to effectuate any such release.
Additional Reserve Amount shall have the meaning set forth in the Credit Agreement.
Additional Reserve Amount means an amount in USD specified as such in the relevant Additional Reserve Amount Notice which amount must be equal to or greater than the Minimum Reserve Amount and an integral multiple of USD 1,000,000.
Additional Reserve Amount means an amount in EUR specified as such in the relevant Additional Reserve Amount Notice which amount must be equal to or greater than the Minimum Reserve Amount and an integral multiple of EUR 100,000 "Additional Reserve Amount Payment Date" means the date specified as such in the relevant Additional Reserve Amount Notice, which date shall be (i) no earlier than the date such notice is effective and (ii) in the event that such notice is delivered on the last day of the Additional Reserve Amount Payment Period, such last day.