Notice Amount definition

Notice Amount means, as of any date of determination, an amount equal to the greater of (a) $10,000,000, and (b) ten percent (10%) of TTM EBITDA.
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Notice Amount means, as of any date of determination, an amount equal to the greater of (a) $10,000,000, and (b) ten percent (10%) of TTM EBITDA. “Notice of Loan Prepayment” means a notice of prepayment with respect to a Revolving Loan, which shall be substantially in the form of Exhibit D or such other form as may be approved by the Lender (including any form on an electronic platform or electronic transmission system as shall be approved by the Lender), appropriately completed and signed by a Responsible Officer of the Borrower. “Obligations” means (a) all advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party arising under any Loan Document or otherwise with respect to any Revolving Loan or Letter of Credit, and (b) all reasonable and documented costs and expenses incurred in connection with enforcement and collection of the foregoing, including the reasonable and documented fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest, expenses and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof pursuant to any proceeding under any Debtor Relief Laws naming such Person as 18
Sample 1
Notice Amount means $2,500,000.
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Examples of Notice Amount in a sentence

  • Should the cost of full implementation and execution of the Notice Plan not exhaust the Notice Amount, Plaintiffs shall transfer any unused portion of the Notice Amount from the Notice Account to the Escrow Account and inform the Settling Defendant in writing of the amount transferred.

  • The Notice Amount will be nonrefundable once paid into the Notice Account, except as provided in this Settlement Agreement.

  • The Notice Amount is nonrefundable, except as expressly provided in this Settlement Agreement.

  • To the extent Settling Defendant is paying a Notice Amount (as set forth in paragraph 6), the Settling Defendant agrees that the Notice Amount may be used to cover the cost of notice to the Settlement Class of this settlement if approved by the Court.

  • Determine that notice and exclusion rights should be provided to members of the Settlement Class, with the Notice Amount being used to cover the cost of notice.

  • In no circumstances shall this Settlement Agreement be construed to require the Settling Defendant to pay more than the Settlement Amount and the Notice Amount set forth in paragraph 5 respectively.

  • The Settling Defendant shall not be required to make any further payments to the Settlement Fund or the Escrow Account, and all sums that the Settling Defendant paid that are in the Escrow Account, as well as the entire Notice Amount, plus any accrued interest less taxes and administrative costs with respect to those sums, shall be immediately paid to an account designated by the Settling Defendant.

  • In this regard, as some European politicians have announced, the role of Iran is getting more important in energy supply to Europe.

  • Determine that notice and exclusion rights should be provided to members of the Settlement Classes, with the Notice Amount being used to cover the cost of notice.

  • This amount is part of and not in addition to the Limit of Indemnity.Contribution Notice Amount also includes reasonable legal proceedings incurred by an Insured Person in challenging a contribution notice up to £100,000.


More Definitions of Notice Amount

Notice Amount means an aggregate of $2,500,000 of Warranty Obligations, Allseas Obligations and Estimated Demand Costs (as adjusted pursuant to any good faith negotiations, mediation or arbitration proceedings pursuant to SECTION 4.14(B) hereof) in excess of the Threshold Amount.
Sample 1
Notice Amount means the sum of one hundred thousand dollars ($100,000) in cash to be paid or caused to be paid by QDI and to be made available to Lead Counsel to be used initially for purposes of defraying the actual and reasonable costs of providing this Notice to the Class.
Sample 1

Related to Notice Amount

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Participation Amount as defined in Section 3.4(b).

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Discount Amount means initially $6,549,982; provided that following any issuance of additional Class C(2020-5) Notes in accordance with Section 2.09, the Discount Amount shall mean the amount specified in the Notice of Additional Issuance.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Maximum Available Amount means, at any time, the least of:

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Prepayment Shift Percentage Not applicable.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Available Distribution Amount As to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date, including any Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Certificate Account on the related Certificate Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined separately for each Loan Group. Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section 3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with Principal Prepayments in Full and Curtailments made in the prior calendar month, such Compensating Interest shall be allocated on such Distribution Date to the Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan Group in respect of such Distribution Date.

  • Designated Amount means the lesser of:

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).