Class B Amount definition

Class B Amount is defined in Section 2(d).
Class B Amount means a dollar amount equal to the product of (i) the Value (not to exceed $1.25) less $0.521, multiplied by (ii) 9,600,000; provided, that in no event shall the Class B Amount be greater than $7,000,000; and if the Class B Amount is zero or a negative number, the Class B Amount shall be deemed to be zero.
Class B Amount means at any time, with respect to any Partner, the excess of (a) the aggregate amount of Class B Capital Contributions made by such Partner prior to such time over (b) the aggregate amounts withdrawn from the Partnership after October 31, 2002 which represent a return of such Partner’s Class B Capital Contributions.

Examples of Class B Amount in a sentence

  • The Partners acknowledge and agree that the Class B Preferred Return and the Class D Preferred Return has been, and will continue to be, compounded monthly and that the return shall accrue on the sum of the Class B Amount or the Class D Amount, as the case may be, and the previously accrued Class B Preferred Return or Class D Preferred Return, as the case may be.

  • For purposes of this Agreement, each Partner agrees that its Restated Class B Amount and Restated Class C Amount equal the respective amounts set forth opposite its name on Exhibit A hereto in the columns of the same headings.

  • Notwithstanding anything in the Guaranty to the contrary, for purposes of Section 8.01 of the Guaranty, the outstanding amount of this Progeny Facility shall equal the outstanding Capital Contribution of the Joint Venture Class B Member (each as defined in the Snow Goose Company Agreement) plus the accrued and unpaid Class B Amount (as defined in the Snow Goose Company Agreement) plus all other amounts then due and payable to the Joint Venture Class B Member.

  • The consent and agreement of the Other --------------------------- Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B Equity Interests") to the Preferred Shareholder in an amount equal to ------------------------ the Class B Amount.

  • The consent and agreement of the Other Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B Share") to the Preferred Shareholder in an amount equal to the Class B Amount.

  • Class B Preferred Returns are taken into account in the Restated Class B Amount.

  • In addition to all other amounts due Lender, Borrower shall pay to Lender, in addition to any amounts set forth in the first paragraph of Section 8.32(c) above, on the Stabilization Date Payment Date, (x) an amount equal to any hedging losses and breakage fees incurred by Lender that Borrower would have been required to pay had Borrower prepaid the Loan in an amount equal to the Class B Amount, and (y) a fee equal to two percent (2%) of the Class B Amount.

  • In addition to all other amounts due Lender, Borrower shall pay to Lender, in addition to any amounts set forth in the first paragraph of Section 8.32(c) above, on the ------- ------- Stabilization Date Payment Date, (x) an amount equal to any applicable hedging or interest rate management breakage costs incurred by Lender, and (y) a fee equal to two percent (2%) of the Class B Amount.

  • Section 11.2 Term Section Required Class B Amount...........................................................................

  • Lender shall receive Class B Equity Interests in the amount of the Class B Amount pursuant to documentation satisfactory to Lender in Lender's sole discretion, some of the material terms of which are described on Exhibit D, and upon such conversion Lender shall be the "Preferred Shareholder" in the Operator and the "Preferred Beneficial Owner" in the Borrower.


More Definitions of Class B Amount

Class B Amount is defined in Section 2(c). 91 "Class A Warrants" means the Class A Common Stock Purchase Warrants to purchase 1,000,000 shares of Common Stock issued to Forseti pursuant to the Forseti Purchase Agreement.
Class B Amount means, as of any date of determination, an amount equal to the Class A Amount paid on, and received in respect with, any such share of Class A Common Stock that was issued on the Issuance Date as of such date of determination (subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to such shares of Class A Common Stock, as determined by the Board of Directors, from time to time).
Class B Amount means ________________ Dollars ($_________).
Class B Amount has the meaning provided in Section 8.32.
Class B Amount has the meaning provided in Section 8.32(c)(i). -------------- ------- ----------
Class B Amount. Class B equity Interests," "Class C Amount," "Class C Equity Interests," "Cut-Off Date," "Default Collateral," "Defeasance Debt Service Coverage Ratio," "Defeasance Deposit," "Defeasance Release Date," "Difference," "Earn-Out Advance," "Final Rate Lock," "Initial Interest Rate," "Initial Securitization Expense Amount," "Maximum Additional Facility Advance Amount," "Optional Prepayment Date," "Preferred Cash Collateral Account," "Preferred Cash Collateral Account Bank," "Preferred Cash Management Agreement", "Preferred Equity Holder," "Recalculated Loan Amount," "Recourse Distributions," "Remaining Property," "Replaced Property," "Required Base Debt Service Payment," "Revises Interest Rate," "Securitization Costs," "Securitization Expense Sub-Account," "Spread " "Stabilization Date," "Stabilization Date Loan Amount," "Stabilization Date Payment Date," "Stabilization Interest Rate," "Stabilization Optimum Debt Service Coverage Ratio," "Successor Obligor," "Substitute Loan Documents," "Substitute Property," "Ten Year Treasury Rate," "Treasury Rate," "Unpaid Excess Loan Amount," "Underwriting NOI Criteria," "Unpaid Excess Loan Amount," "Warrant," "Security Agreement."

Related to Class B Amount

  • Class B-2 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class B-2 Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the sum of (A) the aggregate Class Certificate Balances of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount for such Distribution Date), (B) the Class Certificate Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount for such Distribution Date), (C) the Class Certificate Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount for such Distribution Date), (D) the Class Certificate Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount for such Distribution Date), (E) the Class Certificate Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount for such Distribution Date), (F) the Class Certificate Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount for such Distribution Date), (G) the Class Certificate Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount for such Distribution Date), (H) the Class Certificate Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount for such Distribution Date), and (I) the Class Certificate Balance of the Class B-2 Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 90.90% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $11,334,248.

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).