Anticipated Return definition
Anticipated Return means the Present Value (as of the date of such prepayment, Acceleration Event or replacement) of the stream of interest payments that the Banks (or, in the case of a replacement, the Bank being replaced) would have received on the amount of such prepayment, on the amount of the affected Term Loan(s) on the date of such Acceleration Event (assuming solely for purposes of calculating the Term Prepayment Indemnity that the amount of such Term Loan(s) was paid on the date of such Acceleration Event) or on the amount of the replaced Bank’s Term Loan (the “Prepayment Amount”) during the period from the date of such prepayment, Acceleration Event or replacement to, with respect to the Term Loan, September 30, 2024 (such period, the “Term Loan Remaining Period”) at a rate per annum equal to 2.96%.
Anticipated Return means the Present Value (as of the date of such prepayment, Acceleration Event or replacement) of the stream of interest payments that the Banks (or, in the case of a replacement, the Bank being replaced) would have received on the amount of such prepayment, on the amount of the affected Term Loan(s) on the date of such Acceleration Event (assuming solely for purposes of calculating the Term Prepayment Indemnity that the amount of such Term Loan(s) was paid on the date of such Acceleration Event) or on the amount of the replaced Bank’s Term Loan (the “Prepayment Amount”) during the period from the date of such prepayment, Acceleration Event or replacement to, (a) with respect to the Tranche A Term Loan, September 30, 2022 (such period, the “Tranche A Remaining Period”) at a rate per annum equal to 2.72%, or (b) with respect to the Tranche B Term Loan, September 30, 2024 (such period, the “Tranche B Remaining Period”) at a rate per annum equal to 2.96%.
Examples of Anticipated Return in a sentence
The Anticipated Return Value (ARV), or “Extended Value” will be estimated using the most current weekly pricing available from First Data Bank for open market items based on a percent discount off WAC (wholesale acquisition cost) which may vary by class of trade.
All products being held have been determined to have a potential return value at the time of initial processing based on current manufacturer policy and have been assigned an Anticipated Return Value (ARV) for reporting purposes.