Billion definition

Billion means one thousand million.

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Billion means a thousand million; “trillion” means a thousand billion.

Billion. (the "Maximum Profit"), and, if it otherwise would exceed such amount, Grantee, at its sole discretion, shall either (i) reduce the number of shares subject to the Option (and any Substitute Option), (ii) deliver to Issuer, or the Substitute Issuer, as the case may be, for cancellation shares of Issuer Common Stock or Substitute Common Stock, as the case may be (or other securities into which such Option Shares are converted or exchanged), (iii) pay cash to Issuer, or the Substitute Issuer, as the case may be, (iv) reduce the amount of the Section 8 Repurchase Consideration or Section 9 Repurchase Consideration or (v) any combination of the foregoing, so that Grantee's actually realized Total Profit shall not exceed the Maximum Profit after taking into account the foregoing actions. Notwithstanding any other provision of this Agreement, the Option may not be exercised for a number of shares as would, as of the date of exercise, result in a Notional Total Profit (as defined below) of more than the Maximum Profit and, if exercise of the Option would otherwise result in the Notional Total Profit exceeding such amount, Grantee, in its discretion, may take any of the actions specified in this Section 13

Examples of Billion in a sentence

• The maximum contract ceiling value of all contracts in this multiple award procurement is established at $50 Billion dollars.

• The Escrow Agent warrants that it is a federally or state chartered financial institution organized and existing under the laws of the State of , having assets of at least $1 Billion ($1,000,000,000), and is not an Affiliate of any Tobacco Product Manufacturer as defined in the NPM Statute.

• An offset equal to Four Billion, Five Hundred Thirty-Four Million, Six Hundred Fifteen Thousand, Three Hundred Eighty-Five Dollars ($4,534,615,385) times the percentage allocation assigned to each Non-Settling State in Exhibit F shall be deducted from the total amount to be paid by ▇▇▇▇▇▇▇ to the Settlement Fund under subsection V.A.2 above.

• The Commission shall establish a regulatory asset of Two Billion Two Hundred and Ten Million Dollars ($2,210,000,000) as a new, separate and additional part of PG&E’s rate base (the “Regulatory Asset”).

• Billion and ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇ LLP ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇ ▇.

More Definitions of Billion

Billion means a thousand million.

Billion with "$1.3 billion".

Billion therefrom and replacing it with "$980 million".

Billion with a reference to “$1.4 billion”.

Billion. The Borrower has a contingent obligation with respect to repayment of indebtedness of the SPV in regard to such transaction, which contingent obligation shall terminate in each case no later than four years after the effective date of such transaction and shall be satisfied only through the issuance of equity securities unless further sales of equity securities of the Borrower are not possible or will not result in additional net proceeds.

Billion. The Chase Manhattan Bank is a participant in this facility. FORM OF ISSUANCE: The Notes will be issued and purchases will be recorded only through the book-entry system of the Depository Trust Company ("DTC"). Beneficial owners will not receive certificates representing their ownership interest in the Notes. The face amount of each Note will be paid upon maturity in immediately available funds to DTC. The Issuer has been advised by DTC that upon receipt of such payment DTC will credit, on its book-entry records and transfer system, the accounts of the DTC participants through whom Notes are directly or indirectly owned. Payments by DTC to its participants and by such participants to owners of the Notes or their representatives will be governed by customary practices and standing instructions and will be the sole responsibility of DTC, such DTC participants or such representatives, respectively.

Billion to "$1.15 billion"), and (y) 85% of Eligible Receivables less (B) the sum of (i) all principal payments with respect to such Indebtedness (other than Indebtedness Incurred pursuant to the revolving loan portion of a Permitted Credit Facility) pursuant to Section 4.06(a)(3)(A) and