Optional Payment Amount definition

Optional Payment Amount. $15,000,000 plus the amount of any Term Loan Prepayment Amount not accepted by the Accepting Lenders pursuant to Section 2.18(d).
Optional Payment Amount. $15,000,000.
Optional Payment Amount means an amount equal to the product of (i) the product of (A) the Optional Payment EBIT, less the Adjusted Business EBIT, multiplied by (B) six, multiplied by (ii) 0.08.

Examples of Optional Payment Amount in a sentence

  • Insert Optional Payment Amount if the Note has dual-currency feature.

  • Insert Optional Payment Amount if the Note has a dual-currency feature.

  • On and after the close of business on any Optional Redemption Date or Mandatory Redemption Date, as applicable, and subject to full payment of the applicable Optional Payment Amount or Mandatory Payment Amount, such shares of Redeemable Preferred Stock that have been redeemed shall be deemed cancelled and cease to be outstanding, dividends with respect to such shares of Redeemable Preferred Stock shall cease to accumulate and all rights whatsoever with respect to such shares shall terminate.

  • Insert Optional Payment Amount if the Note has a dual currency feature.

Related to Optional Payment Amount

  • 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.

  • 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.

  • Payment Amount has the meaning specified in Section 6.1.

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Scheduled Principal Payment Amount means, for any Payment Date, an amount equal to the excess of (a) the Note Principal Amount on such Payment Date over (b) the Scheduled Note Principal Amount for such Payment Date.

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

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

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • 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).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

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

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

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

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

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

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

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

  • Scheduled Principal Distribution Amount With respect to each Distribution Date, an amount equal to the aggregate of the principal portions of:

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • 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.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.