Original Stated Amount definition

Original Stated Amount is defined in Section 2.1 hereof.
Original Stated Amount has the meaning set forth in Section 2.1 hereof.
Original Stated Amount means Twelve Million Seven Hundred Sixteen Thousand Six Hundred Sixty-seven and no/100 Dollars ($12,716,667.00) or, if less, the amount available to be drawn under the Letter of Credit as of the Date of Issuance, as set forth in the Letter of Credit.

Examples of Original Stated Amount in a sentence

  • All Payment Obligations shall be made against and evidenced by the City’s promissory note payable to the order of the Bank in the principal amount equal to the Original Stated Amount, such note to be executed and delivered to the Bank on the Issuance Date in the form of Exhibit B attached hereto with appropriate insertions (the “Bank Note”).

  • At the request of the Borrower, the Bank agrees, on the terms and conditions hereinafter set forth, to issue the Letter of Credit, in the form of Exhibit A attached hereto, in the Original Stated Amount for the account of the Borrower and deliver the Letter of Credit to the Trustee.

  • The Letter of Credit shall be in the Original Stated Amount, which is the sum of (i) the outstanding principal amount of the Bonds as of the Effective Date, plus (ii) interest thereon at an assumed rate of twelve percent (12%) per annum for a period of forty-eight days on the basis of a 365 day year.

  • The Letter of Credit shall be in the Original Stated Amount of $43,411,550 (the "Original Stated Amount"), which is the sum of (i) the principal amount of the Bonds on the Date of Issuance, plus (ii) interest thereon at the Cap Interest Rate for a period of One Hundred Eighty-Five (185) days.

  • The Letter of Credit shall be in the Original Stated Amount of $28,211,287.67 (the "ORIGINAL STATED AMOUNT"), which is the sum of (i) the principal amount of the Bonds on the Date of Issuance, plus (ii) interest thereon at the Cap Interest Rate for a period of 45 days.


More Definitions of Original Stated Amount

Original Stated Amount means $43,586,337.
Original Stated Amount shall have the meaning specified in Section 2.1.
Original Stated Amount has the meaning set forth in Section 2.01 hereof. “Outstanding” has the meaning set forth in the Trust Agreement. “Participant” has the meaning set forth in Section 8.03(b) hereof.
Original Stated Amount means $10,100,188.00.
Original Stated Amount has the meaning specified in the 2006 Letter of Credit Agreement.
Original Stated Amount means $ .
Original Stated Amount means, with respect to any Letter of Credit, the original Stated Amount of such Letter of Credit.