Eligible Amount definition

Eligible Amount means with respect to any Holder, the “Eligible Amount” of shares of Common Stock equal to the product obtained by multiplying (a) the maximum number of shares of Common Stock that the underwriter(s) estimate(s) can be underwritten in connection with an Eligible Offering at a price range that is acceptable to the Corporation less any shares of Common Stock being offered by the Corporation or any other person or entity holding registration rights that are senior to those granted to the Holders in this Series H Certificate of Designation, by (b) a fraction, the numerator of which shall equal the number of shares of Common Stock issuable to such Holder upon the conversion of such Holder’s Preferred Shares, and the denominator of which shall equal the total number of shares of Common Stock issuable to all Holders upon conversion of such Holders’ Preferred Shares that are requested to be included in the Eligible Offering.
Eligible Amount means, in relation to a property, the amount by which the taxes for the year, but for the application of Part IX, exceed the taxes determined under section 329. 2001, c. 25, s. 362 (7).
Eligible Amount means 80% of the lesser of:

Examples of Eligible Amount in a sentence

  • The Borrower shall apply all amounts borrowed by it under the Facility towards payments to CGGC (for and on behalf of the Commercial Contractor) directly to discharge the Eligible Amount related to the Project.


More Definitions of Eligible Amount

Eligible Amount shall have the meaning as defined in Section 4.1.
Eligible Amount means, in relation to a property, the amount by which the taxes for the year, but for the application of Part XII (Limits on Traditional Municipal Taxes), exceed the taxes determined under section 291. 2006, c. 11, Sched. A, s. 330 (6).
Eligible Amount means a maximum aggregate amount of eighty-five per cent. (85%) of the Commercial Price attributable to the Eligible Goods and Services which amount, for the avoidance of doubt, shall not include the fifteen per cent. (15%) of the Commercial Price that the Original Project Owner shall pay from its own Capital Contributions towards, but not limited to, the payments of:
Eligible Amount of an individual means an amount received by the individual, at a particular time, on the redemption, in the circumstances described in the second paragraph, by a corporation referred to in section
Eligible Amount means the amount that is payable for a Claim under the terms of a Benefit Plan.
Eligible Amount has the meaning set forth in Section 3.1(a).
Eligible Amount means for