Blocked Amount definition

Blocked Amount means, at any time, the sum of (x) the aggregate cash consideration (after giving effect to any purchase of Shares pursuant to the Exchange Offer and/or one or more Top-Off Purchases) required to consummate the Merger in accordance with the Merger Agreement at such time (the “Acquisition Blocked Amount”) and (y) the Target Notes Blocked Amount.

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Blocked Amount shall have the meaning provided in Section 9.09(b).

Blocked Amount at any time, the aggregate cash consideration (after giving effect to any purchase of Actel Shares pursuant to the Actel Offer) required to consummate the Actel Merger in accordance with the Actel Acquisition Agreement at such time.

Examples of Blocked Amount in a sentence

• Subject to the terms and conditions of this Agreement and to deduction of Reserves (without duplication of the BB Blocked Amount component of the Borrowing Base), Bank shall make Advances not exceeding the Availability Amount.

• The Collateral Agent may apply the Blocked Amount in accordance with the terms of the Credit Documents at any time if an Event of Default exists at such time or would result from the withdrawal of the Blocked Amount from the Blocked Account.

• At such time, subject to release of all restrictions over the Blocked Account, the Purchasers shall cooperate with and provide all such reasonable assistance as the Seller may reasonably require in connection with the release of 50% of the Blocked Amount from the Blocked Account by the Schipol Lessor to the order of the Seller.

• The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $5,000,000, upon at least five Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the sum of the Aggregate Outstanding Credit Exposure plus the Revolving Credit Blocked Amount.

• All Bidders (except Anchor Investors) shall mandatorily participate in the Offer only through the Application Supported by Blocked Amount process and shall provide details of their respective bank account (including UPI ID (defined hereinafter) in case of UPI Bidders (defined hereinafter) in which the Bid Amount will be blocked by the Self Certified Syndicate Banks or by the Sponsor Bank(s) or pursuant to the UPI Mechanism, as the case may be.

More Definitions of Blocked Amount

Blocked Amount means the amount in Euro standing to credit in the Blocked Account, converted to U.S. dollars at the Euro/U.S. dollar exchange rate at Closing as quoted by the Financial Times, London edition or, if no such rate is quoted on that date, on the preceding date on which such rates are quoted;

Blocked Amount means (x) prior to consummation of the Merger, the aggregate amount of commitments (or, if the commitments have been terminated, the aggregate outstanding principal amount of loans) (if any) under Capital Funding's existing Amended and Restated Five- Year Credit Agreement dated as of May 7, 1999, as amended, or any refinancing thereof (other than under this Agreement), and (y) after consummation of the Merger, the aggregate amount of commitments (or, if the commitments have been terminated, the aggregate outstanding principal amount of loans) (if any) under Qwest Communications International Inc.'s existing 364-Day Credit Agreement dated as of March 9, 2000, as amended, and First Amended and Restated 364-Day and Five-Year Credit Agreement dated as of March 9, 2000, as amended, or any refinancing thereof (other than under this Agreement); provided that the Blocked Amount shall be reduced in an amount equal to the aggregate amount by which the Available Amount for Capital Funding has been reduced pursuant to Section 2.09; and

Blocked Amount at any time, the aggregate cash consideration (after giving effect to any purchase of Shares pursuant to the Offer) required to consummate the Merger in accordance with the Acquisition Agreement at such time.

Blocked Amount has the meaning set forth in Section 4.4;

Blocked Amount means, (a) at any time on or prior to the Squeeze-Out -------------- Date, an amount equal to (i) the Dollar Equivalent of (Pounds)3,871,393, as such amount is automatically reduced during the Squeeze-Out Period by the Dollar Equivalent of the Bidco Loan Notes Credit Support issued during the Squeeze-Out Period, plus (ii) an amount equal to the Dollar equivalent ---- of 5% of the stated amount of the Bidco Loan Notes Credit Support, and (b) after the Squeeze-Out Date, (i) at any time prior to the termination of the Bidco Loan Notes Credit Support, an amount equal to the Dollar Equivalent of 5% of the Stated Amount of the Bidco Loan Notes Credit Support and (ii) thereafter, zero.

Blocked Amount means, as of any date of determination, the aggregate amount of cash on deposit in the Blocked Securities Account which Agent, from time to time, instructs Wachovia Securities may not be withdrawn from the Blocked Securities Account without the authorization of Agent.

Blocked Amount means the total funds under transactions for which financial settlement has not yet been effected (blocked funds); in a statement, reserved funds are marked in red.