Refinanced Amount definition

Refinanced Amount has the meaning given to it in Clause 3.4.

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Refinanced Amount means (i) US $20,247,722.58; plus (ii) if Revance refinances or increases the amount of a Refinanced Loan, the amount of Cash Proceeds that Revance received pursuant to such prior Refinanced Loan (and for which a Proceeds Sharing Payment was paid under Section 3.2 below). For example, if Revance refinances the Hercules Loan and replaces it with a Refinanced Loan in the amount of US $25,000,000, then for purposes of such refinancing, the Refinanced Amount would be US $20,247,722.58 and the sum of US $4,752,277.42 (or US $25,000,000 minus US $20,247,722.58) would constitute Cash Proceeds. If Revance subsequently refinances such Refinanced Loan, then the Refinanced Amount for purposes of the subsequent refinancing would be US $25,000,000.

Refinanced Amount means the Defaulted Amount and the Rollover Interest Amount.

Examples of Refinanced Amount in a sentence

• Subject to the satisfaction of the condition set forth in section 4C, on the Refinancing Date, the aggregate outstanding principal balance of the Term Loans shall be paid in full, together with any accrued interest thereon, with (a) Net Offering Proceeds, if any, and (b) proceeds resulting from the increase in the outstanding aggregate principal balance of the Revolving Loans in an amount equal to the Refinanced Amount.

• Any prepayment of a Series comprised of LIBOR Loans (regardless of the reason for the prepayment) shall be subject to the payment of any indemnity required by section 6C; provided, however, Borrower shall not be required to repay any Series of Term Loans comprised of LIBOR Loans which constitute all or a portion of the Refinanced Amount.

• For the avoidance of doubt, nothing herein is intended to terminate or otherwise impair, release, or effect the obligations of any Loan Party with respect to the Refinanced Amount or any 4880-5995-7570v.15 obligations of any Loan Party under any of the Refinancing Documents, or any lien or security interest (including any rights and remedies with respect thereto) granted, or purported to be granted, in favor of NYDIG under any of the Refinancing Documents.

More Definitions of Refinanced Amount

Refinanced Amount means an amount equal to the sum of (a) One Hundred Twenty Million Dollars ($120,000,000) less (b) the Net Offering Proceeds in an amount of up to Sixty Million Dollars ($60,000,000) less (c) the aggregate amount of any optional prepayments of the Term Loans made prior to the Refinancing Date;