Initial Agreed Amount definition
Initial Agreed Amount means $72,500,000.
Initial Agreed Amount has the meaning ascribed thereto in section 2.7;
Examples of Initial Agreed Amount in a sentence
For the avoidance of doubt, the Agreed ▇▇▇▇-Up component of the Outstanding AZLP Payables has not been included in the computation of the Initial Agreed Amount and shall not be included in the calculation of the Revised Agreed Amount.
For the avoidance of doubt (and ignoring accrued but unpaid interest (not previously added to principal) and default payments (not previously added to principal)), if the Investors were to convert their Debentures into the Initial Agreed Amount of 2,679,000 shares at the current Conversion Price of $3.875 (see Section 4 below), the Outstanding Principal Amount of their Debentures would be reduced as a result of such conversion by an aggregate amount equal to $10,381,125.