Outstanding Value definition
Outstanding Value means, as of any time of determination, the sum of (i) the Outstanding Principal Value of this Note, (ii) accrued and unpaid Interest (iii) accrued and unpaid Late Charges (as defined in Section 26(c)) on such Outstanding Principal Value and Interest, in each case, as of such time of determination and (iv) any other unpaid amounts pursuant to the Transaction Documents, if any.
Outstanding Value means, as of any time of determination, the sum of (i) the Outstanding Principal Value of this Note, (ii) accrued and unpaid Default Interest, and (iii) accrued and unpaid Late Charges (as defined in Section 25(c)) on such Outstanding Principal Value and Default Interest, in each case, as of such time of determination.
Outstanding Value means, at any time in relation to any Payment Instrument, the maximum actual and contingent liability of the Bank at that time under or in relation to that Payment Instrument, as determined by the Bank.
Examples of Outstanding Value in a sentence
If the Bank delivers a notice of termination to Lloyd’s in respect to a Payment Instrument (“Termination Notice”) and notifies the Company of the same, the Company shall within 10 (ten) Business Days of such notification provide Collateral at least equal to 100% of the Outstanding Value.
The Company shall pay the Bank (i) in relation to any Payment Instrument under which the Company has provided Collateral at least equal to 100% of the Outstanding Value, 0.30% per annum, and (ii) in relation to any other Payment Instrument, 1.80% per annum.
More Definitions of Outstanding Value
Outstanding Value means, at any time:
Outstanding Value has the meaning set forth in Section 4.1(c)(ii).
Outstanding Value means as of any time of determination, the outstanding principal amount of this Note, accrued and unpaid interest, amounts which may become due hereunder, and other amounts owed pursuant to the Transaction Documents in each case, as of such time of determination; provided, however, with respect to the repayment of this Note on the Maturity Date, so long as no Event of Default has occurred prior to the Maturity Date, the Outstanding Value means the greater of (i) $[4,000,000] less the principal amount of this Note which has been converted prior to the Maturity Date and (ii) $0.
Outstanding Value shall have the meaning assigned to such term in the Notes.
Outstanding Value means, as of any time of determination, the sum of (i) the Outstanding Principal Value of this Note, and (ii) accrued and unpaid Default Interest, and (iii) accrued and unpaid Late Charges (as defined in Section 25(c)) on such Outstanding Principal Value and Default Interest, in each case, as of such time of determination.