Capitalization Method definition
Examples of Capitalization Method in a sentence
Payments of interest by the Capitalization Method shall be considered paid if the Trustee has received the Company Order required by Section 2.03(d) and, in the case of Physical Notes, PIK Notes in the form of Physical Notes executed by a proper Officer of the Company.
In the absence of such an election with respect to an Interest Payment Date, the Company shall be deemed to have elected the Capitalization Method for all of the interest due on such Interest Payment Date.
Unless the context otherwise requires, any reference to accrued interest on, or in respect of, any Note that has not been paid or capitalized in this Indenture shall be deemed to refer to the amount of such interest that would have accrued as of the relevant time at the Interest Rate based on the Capitalization Method in respect of all of the relevant interest.
The Company shall elect the method of paying interest on an Interest Payment Date by delivering a notice to the Holders on or prior to the 15th calendar day immediately preceding the relevant Interest Payment Date identifying the method selected and (a) the percentage of interest to be paid using the Cash Method and/or (b) the percentage of PIK Interest to be paid using the Capitalization Method, as applicable.
The following the methods of valuation being adopted in General practice by a practicing valuer are: * Land and Building Method * Rent Capitalization Method * Development Method * Profit Method * Direct Comparison Method By this method, the value of the land and the value of Building are assessed separately and added to get the present value of the property.
The Company shall elect the method of paying interest on an Interest Payment Date by delivering a notice to the Trustee and Holders on or prior to the 15th calendar day immediately preceding the relevant Interest Payment Date identifying the method selected and (a) the percentage of interest to be paid using the Cash Method and/or (b) the percentage of interest to be paid using the Capitalization Method, as applicable.
The Company shall elect the method of paying interest on an Interest Payment Date by delivering a notice to the Trustee and Holders on or prior to the 15th calendar day immediately preceding the relevant Interest Payment Date identifying the method selected and (a) the percentage of interest to be paid using the Cash Method and/or (b) the percentage of PIK Interest to be paid using the Capitalization Method, as applicable.
In the absence of such an election with respect to an Interest Payment Date, the Company shall be deemed to have elected the Capitalization Method.
Notwithstanding anything to the contrary herein, while any Priority Payment Notes are outstanding, interest on the Payment Junior Notes shall be paid entirely by the Capitalization Method (except for any interest payable solely in connection with an IP Sale Offer, an Asset Sale Offer, or a conversion, Redemption or Repurchase Upon Fundamental Change of such Payment Junior Notes in accordance with and to the extent permitted by this Indenture).
Payments of interest by the Capitalization Method shall be considered paid if the Trustee has received the Company Order required by Section 2.03(d) and, in the case of Physical Notes, PIK Notes in the form of Physical Notes executed by an Officer of the Company.