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 80% of the lesser of:
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).

Examples of Eligible Amount in a sentence

  • IMPLEMENTATION PERIOD (FEE NOT TO EXCEED $200,000) ----------------------------------------------------------------------------------------------------- Maximum Monthly Proposed Monthly Number of Months Period Amount per Eligible Amount per Eligible in Period (Column 1) (Column 2) (Column 3) ----------------------------------------------------------------------------------------------------- B.

  • By the Original Facility Agreement, the Lenders agreed to make available to the Borrower a facility of (originally) the Dollar Equivalent of up to EUR 349,520,718 for the purpose of assisting the Borrower in financing (a) payment or reimbursement under the Shipbuilding Contract of all or part of 80% of the Final Contract Price up to the Eligible Amount and (b) payment to SACE of the Dollar Equivalent of 100% of the second instalment of the SACE Premium payable on the original Drawdown Date.

  • By the Original Facility Agreement, the Lenders agreed to make available to the Borrower a facility of (originally) the Dollar Equivalent of up to EUR 360,222,680.41 (not to exceed USD 498,187,967.01) for the purpose of assisting the Borrower in financing (i) payment or reimbursement under the Shipbuilding Contract of all or part of 80% of the Final Contract Price up to the Eligible Amount and (ii) payment to SACE of 100% of the SACE Premium.

  • Any insurance not included in the calculation of the Eligible Amount will not be affected.

  • The Lenders shall not be obliged to fulfil their obligation to make the Loan available other than by paying the Builder all or part of 80% of the Final Contract Price up to the Eligible Amount on behalf of and in the name of the Borrower and by reimbursing the Agent for the instalment of the SACE Premium payable on the Delivery Date.


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 has the meaning set forth in Section 3.1(a).
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 of an individual means a regular eligible amount or supplemental eligible amount of the individual;