Examples of Note Value in a sentence
The Calculation Agent will make all determinations relating to this Security, including the Index Performance Factor, the Index Closing Level on any Index Business Day on which such Index Closing Level is to be determined during the term of this Security, the Indicative Note Value, the Deposit Amount, the Short Index Amount, the Daily Interest, the Daily Investor Fee, the Redemption Fee Amount, the Cash Settlement Amount, if any, the Redemption Amount, if any, and the Call Settlement Amount, if any.
On each Distribution Date, the Servicer shall be entitled to receive the Servicing Fee in respect of the immediately preceding Collection Period equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the Note Value as of the first day of such preceding Collection Period.
Further, the Board took note of the fact that Noteholders holding approximately 80% of the Total Existing Note Value have executed the Noteholder Support Agreement and Shareholders representing approximately 58% of the issued and outstanding Existing Common Shares have executed Shareholder Support Agreements.
The Calculation Agent will determine the aggregate market value for purposes of this provision by multiplying the closing Indicative Note Value on the applicable date by the number of units represented by this Security that are outstanding on that date.
If the Intraday Indicative Value is less than or equal to $0 at any time on any Exchange Business Day, then both the Intraday Indicative Value and the closing Indicative Note Value on that day, and for the remainder of the term of this Security, will be $0.