Cross Default Amount definition

Cross Default Amount means, for a Party, the cross default amount, if any, set forth in the Cover Sheet for that Party.
Cross Default Amount means an amount equal to five percent (5%) of a Defaulting Party’s or Defaulting Party’s Guarantor’s (as applicable) Tangible Net Worth.
Cross Default Amount means the dollar amount set forth in Section 1.09(c).

Examples of Cross Default Amount in a sentence

  • A certificate by the Auditors of the Guarantor as to the amount of the Cross Default Amount shall, in the absence of manifest error, be conclusive and binding on all parties.

  • Cross Default Amount shall mean the greater of: (a) £25,000,000 or its equivalent in any other currency or composite currency, and (b) such amount in Sterling as is equal to 1% of the Adjusted Tangible Net Worth of the Group Guarantor and its Subsidiaries, or its equivalent in any other currency or composite currency.

  • A certificate by the Auditors of the Group Guarantor (whether or not addressed to the Bond Trustee) as to the amount of the Cross Default Amount shall, in the absence of manifest error, be conclusive and binding on all parties.

  • Remedies 5.1(g) Cross Default for Party A: Party A: Cross Default Amount $________ [Amount and/or Methodology To Be Negotiated] Other Entity: [Guarantor, if applicable] Cross Default Amount $________ [Amount and/or Methodology To Be Negotiated] 5.1(g) Cross Default for Party B: Party B: Southern California Edison Company.

  • Cross Default Amount $________ [Amount and/or Methodology To Be Negotiated] 5.6 Closeout Setoff Option A, as amended.


More Definitions of Cross Default Amount

Cross Default Amount is the amount set forth in Section 1.06(f).
Cross Default Amount has the meaning set forth in Section 13.1(a);
Cross Default Amount has the meaning set forth on the Cover Sheet.
Cross Default Amount means the cross default amount, if any, set forth on the Schedule for a Party.
Cross Default Amount means the greater of: (a) £25,000,000 or its equivalent in any other currency or composite currency, and (b) such amount in Sterling as is equal to one per cent. of the Adjusted Tangible Net Worth of the Issuer and its Subsidiaries, or its equivalent in any other currency or composite currency. A certificate by the Auditors of the Issuer (whether or not addressed to the Bond Trustee) as to the amount of the Cross Default Amount shall, in the absence of manifest error, be conclusive and binding on all parties; Custodian means any custodian with whom the relevant Registered Global Covered Bonds have been deposited; Customer Files means the file or files relating to each Loan and its Related Security containing, inter alia:
Cross Default Amount. Section 1.24 “Gains”
Cross Default Amount means, as of any date of determination, an amount equal to the lesser of (i) $50,000,000 or