Requisite Amount definition

Requisite Amount has the meaning specified in the Spread Account Agreement.

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Requisite Amount means $250,000,000.

Requisite Amount has the meaning specified in Section 6.01(d).

Examples of Requisite Amount in a sentence

• Funds held in a Folio Investor Account shall be added to the Requisite Amount and counted toward the achievement of the Minimum Offering Amount.

• In the event that the Piggyback Sellers of such a registration hold the Requisite Amount of Registrable Securities, such holders may continue the registration as a Demand Registration.

• The Borrower or any of its Major Subsidiaries shall fail within sixty (60) days to pay, bond or otherwise discharge one or more judgments or orders for the payment of money (except to the extent covered by independent third party insurance and as to which the insurer has not disclaimed coverage) in excess of the Requisite Amount in the aggregate, which judgment(s), in any such case, is/are not stayed on appeal or otherwise being appropriately contested in good faith.

• No Demand shall be effective or impose any obligation upon the Company unless such Demand shall request the registration of not less than the Requisite Amount of Registrable Securities.

• The Trustee agrees that its declaration, or the declaration by the Holders of the Requisite Amount of Securities Outstanding, that the principal amount of all of the Securities is immediately due and payable pursuant to Article Five shall be constructive notice to the Trustee of the existence of facts that would prohibit the Trustee's making of any payment of monies or taking of any other action under this Indenture.

More Definitions of Requisite Amount

Requisite Amount will equal the Spread Account Initial Deposit on the Closing Date, and thereafter, on each Distribution Date, the Requisite Amount shall be equal to 2.0% of the Original Pool Balance, provided, however, that (i) on each Distribution Date upon which a Level 1 Trigger Event has occurred and is continuing, and upon each Distribution Date thereafter (unless no Level 1 Trigger Event has occurred for three consecutive months) the Requisite Amount shall be equal to the greater of (x) 6.0% of the Outstanding Pool Balance or (y) 4.0% of the Original Pool Balance; and (ii) on each Distribution Date upon which a Level 4 Trigger Event has occurred and upon each Distribution Date thereafter, the Requisite Amount shall be equal to 100% of the Outstanding Pool Balance.

Requisite Amount means $100,000,000.

Requisite Amount means $500,000,000.

Requisite Amount means, with respect to any Series for which a Reserve Account is required to be maintained, an amount specified in or determined pursuant to the related Terms Supplement.

Requisite Amount has the meaning specified in General Terms and Conditions 7.7.

Requisite Amount means such number of shares of Registrable Securities having an aggregate Fair Market Value of $125,000.

Requisite Amount shall have the meaning assigned to that term in Section 7.01(e).