Compensating Amount has the meaning set out in Section 6.2;
Compensating Amount means an amount determined by the Bank to be the net cost, if any, incurred by the Bank as a direct result of the payment of any amount owing in respect of a Banker’s Acceptance on any date other than the date of maturity for such Banker’s Acceptance, including, without limitation, the loss or expense sustained or incurred by the Bank relating to such payment. A certificate of a manager or account manager of the Bank shall, absent manifest error, be conclusive evidence of the Compensating Amount from time to time;
Compensating Amount means an amount determined by the Bank to be the net cost, if any, incurred by the Bank as a direct result of the repayment of all or a portion of a Loan accruing interest based on LIBOR, on a date other than the expiration of the selected interest period or LIBOR Period, respectively, including, without limitation, the loss or expense sustained or incurred by the Bank relating to such payment based on the rate at which the Bank can lend the amount prepaid into the wholesale market for balance of the said interest period or LIBOR Period. A certificate of a manager or account manager of the Bank shall, absent manifest error, be conclusive evidence of the Compensating Amount from time to time.
Examples of Compensating Amount in a sentence
Breaker may terminate the Bid Implementation Agreement where the Breaker Board changes or withdraws their recommendation provided that, before termination, Breaker has paid the Compensating Amount to Ramelius.
Breaker must pay the Compensating Amount to the Bidder within 10 Business Days of receipt of the demand.
If Target pays Bidder the Compensating Amount under this document and that gives rise to a liability for GST, Target must pay and indemnify Bidder on demand against the amount of that GST.
Notwithstanding any other provision under this agreement, where a Compensating Amount becomes payable to Focus (or would be payable if a demand was made), Focus cannot make any claim against Crescent in relation to an event referred to in clause 8.2 or for any material breach of this agreement other than for payment of the Compensating Amount.
Despite the occurrence of any event referred to in clause 4.1, the Compensating Amount will not be payable if the Bidder elects to proceed with the Bid and acquires any Target Shares under the Bid.
More Definitions of Compensating Amount
Compensating Amount has the meaning set out in Section 6.2.
Compensating Amount means an amount determined by the Lessor to be the net cost, if any, incurred by the Lessor as a direct result of the prepayment of all or a portion of a Lease in which the additional payment set forth at Section 9.4 accrues interest based on LIBOR on a date other than the expiration of the applicable LIBOR period including, without limitation, the loss or expense sustained or incurred by the Lessor relating to such payment based on the rate at which the Lessor can lend the amount prepaid into the wholesale market for the balance of the applicable LIBOR period. A certificate of the Lessor setting forth the Compensating Amount in reasonable detail shall, absent manifest error, be conclusive evidence of the Compensating Amount.
Compensating Amount means an amount of $250,000.
Compensating Amount has the meaning given by Section 13.1.
Compensating Amount means an amount determined by the Bank to be the net cost, if any, incurred by the Bank as a direct result of the repayment of all or a portion of a Loan accruing interest based on the Bank's Fixed Cost of Funds or LIBOR, or with respect to any portion of the Loans drawn down by way of Bankers Acceptances or Interest Rate Swap Agreement on a date other than the expiration of the selected interest period or LIBOR Period or maturity date of a Bankers Acceptance or an Interest Rate Swap Agreement, respectively, including, without limitation, the loss or expense sustained or incurred by the Bank relating to such payment. A certificate of a manager or account manager of the Bank shall, absent manifest error, be conclusive evidence of the Compensating Amount from time to time;
Compensating Amount is replaced in its entirety by the following:
Compensating Amount means an amount determined by the Lessor to be the net cost, if any, incurred by the Lessor as a direct result of the prepayment of all or a portion of a Lease in which the additional payment set forth at Section 10.4 accrues interest based on i) LIBOR on a date other than the expiration of the applicable LIBOR period including, without limitation, the loss or expense sustained or incurred by the Lessor relating to such payment based on the rate at which the Lessor can lend the amount prepaid into the wholesale market for the balance of the applicable LIBOR period; or ii) the CDOR Rate on a date other than the expiration of the applicable 90 day CDOR period including, without limitation, the loss or expense sustained or incurred by the Lessor relating to such payment based on the rate at which the Lessor can lend the amount prepaid into the wholesale market for the balance of the applicable 90 day period. A certificate of the Lessor setting forth the Compensating Amount in reasonable detail shall, absent manifest error, be conclusive evidence of the Compensating Amount.”