Initial Closing Payment Amount definition

Initial Closing Payment Amount means an amount equal to seven million dollars ($7,000,000).

Examples of Initial Closing Payment Amount in a sentence

  • The delivery of such checks (or wire transfers, as applicable) by Parent to the Holders Representative Committee shall be deemed, for all purposes, to have satisfied in full Parent’s Initial Closing Payment Amount obligation to such Participating Rights Holders and Parent shall have no further obligation for such payments.

Related to Initial Closing Payment Amount

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.60% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Initial Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • M1 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and as long as a Trigger Event is not in effect with respect to such Distribution Date, the amount, if any, by which (x) the sum of (i) the aggregate Class Principal Amount of the Senior Certificates after giving effect to distributions on such Distribution Date and (ii) the Class Principal Amount of the Class M1 Certificates immediately prior to such Distribution Date exceeds (y) the M1 Target Amount.