Expense Reserve Amount definition

Expense Reserve Amount means $100,000.

Expense Reserve Amount. With respect to any Series, the amount, if any, specified in the related Series Supplement.

Expense Reserve Amount means (i) at any time during which the Drawn Amount of the Notes is greater than or equal to €200,000,000, €400,000; and (ii) at any time during which the Drawn Amount of the Notes is less than €200,000,000, €300,000.

Examples of Expense Reserve Amount in a sentence

• On the Closing Date, the Issuer shall have delivered the Expense Reserve Amount to the Trustee for deposit in the Expense Reserve Account.

• On the Closing Date, proceeds of the Loan in an amount equal to the Securitization Expense Reserve Amount shall be deposited into the Securitization Expense Sub-Account.

• The Trustee shall, on the Determination Date immediately preceding each Payment Date (other than the final Payment Date), withdraw any amount from the Supplemental Expense Reserve Account in excess of the Supplemental Expense Reserve Amount (determined as of such Determination Date) and deposit such amount in the Interest Collection Subaccount as Interest Proceeds.

• The Post-Closing Expense Reserve Amount shall be used only in accordance with the Wind-Down Budget.

• At the Subsidiary Merger Effective Time, each then outstanding option to purchase capital stock of Amerifit, whether vested or unvested (an “Option”), will be cancelled in exchange for an amount in cash, to set forth opposite the name of such Option holder on Exhibit 3.2(c) (less applicable withholding and the portion of the Escrow Amount and the Expense Reserve Amount allocated to such Option holder as set forth on Exhibit 3.2(c).

More Definitions of Expense Reserve Amount

Expense Reserve Amount means (x) for each Settlement Date occurring prior to the IP Completion Date, $350,000 less any amounts released from the Debt Service Reserve Account pursuant to the second sentence of Section 8.04(b) on any prior Settlement Date, and (y) for each Settlement Date occurring on or after the IP Completion Date, $0.

Expense Reserve Amount. $350,000.

Expense Reserve Amount has the meaning set forth in Section 2.3(e).

Expense Reserve Amount means USD $100,000.

Expense Reserve Amount means, in the event the Aplindore Program is not terminated or sold by the Company before the Effective Time and if the Closing occurs (a) before November 22, 2009, an amount in cash equal to $350,000, or (b) after November 22, 2009, an amount in cash equal to $100,000, in either case to be used by Parent solely in connection with the Aplindore Program as provided in Section 5.15(a).

Expense Reserve Amount. $225,000.

Expense Reserve Amount has the meaning set forth in Section 9.16(c).