Debt Redemption Amount definition

Debt Redemption Amount in respect of any High Yield Offering, the ---------------------- amount which is equal to the excess of (a) the principal amount of the Series B Notes outstanding over (b) (i) $120,000,000 (as such amount may be increased ---- pursuant to section 28) minus (ii) the aggregate Net Debt Proceeds received by the Company from all High Yield Offerings.
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Examples of Debt Redemption Amount in a sentence

  • Such notice shall state that on a date specified therein (which date shall not be less than 15 days after the date of such notice) the Company, upon receipt of the outstanding Series B Note, shall redeem Series B Notes in an aggregate principal amount equal to the Debt Redemption Amount.

  • The Parties entered into a share purchase agreement (the “Share Purchase Agreement”) dated [25] August 2014, whereby the Sellers have agreed to sell the Shares and the Warrants and to assume the obligations imposed on the Sellers under the Share Purchase Agreement, and the Purchaser has agreed to purchase the Shares and the Warrants, procure repayment of the Existing Shareholder Debt Redemption Amount and to assume the obligations imposed on the Purchaser under the Share Purchase Agreement.