Rescission Amount definition

Rescission Amount. ’ means the sum in U.S. dollars of (i) the Undelivered Crude Commitment Amount plus (ii) the Undelivered Naphtha Commitment Amount, plus (iii) the amount of any Indemnified Liabilities for which a demand has been made but which have not been reimbursed or discharged in kind, plus (iv) in the event the related rescission is caused by the Issuer exercising its right to make an Optional Redemption, the Make- Whole Premium, plus (v) if not paid on the Rescission Date, default interest accrued on the amounts set forth under (i) to (iv) above.
Sample 1
Rescission Amount means, as of any date of determination and with respect to a Vessel, the sum of (a) the Allocated Principal Amount of the Securities and the Allocated Principal Amount of the Second Priority Notes, in each case for such Vessel as of such date, (b) all accrued and unpaid interest thereon to the date of the redemption of the Securities and the Second Priority Notes, (c) any and all Manager's Fees owing to the Manager in respect of such Vessel, (d) an amount equal to the amounts of all Working Capital Draws made with respect to such Vessel, together with all amounts owing to the Letter of Credit Company with respect thereto and (e) any cost incurred by the Collateral Agent in connection with the related redemption.
Sample 1

Examples of Rescission Amount in a sentence

  • Within 10 days after the determination of the Rescission Amount, (i) the General Partner will repay a portion of the purchase price with to the respect to the Assets previously paid pursuant to Section 2.2(b) equal to the Rescission Amount and (ii) Tesoro will repay the loan specified in Section 2.2(d) to the General Partner to the extent the consideration is repaid pursuant to Section 5.3(b)(i).

  • In order to meet the readiness requirements in Section II.A.4.b of the TCC Guidelines, the Applicant and/or Co-applicants must demonstrate that the project is CEQA compliant and must provide documentation to that effect.

  • Explanation of Columns:  Rescission Amount: This is the amount that the Governor rescinded on November 20, 2014. Appropriated: This is the amount appropriated for this line item. % of Appropriation: This is the percent of the appropriation that the rescission makes up.

  • In certain circumstances, including a breach of the Forward Sale Agreement by EGPC, the insolvency of EGPC, the occurrence of certain corporate events in relation to EGPC and the exercise by the Issuer of its option to redeem the Notes for tax reasons, the Issuer will have the right to rescind the Forward Sale Agreement and to require EGPC to pay an amount in dollars, or deliver EGPC Products with a value, equal to the Rescission Amount.

  • If the Investor does not elect to rescind the claim settlement within 90 days of receipt of OPIC's notice requesting that the claim settlement be rescinded or fails to pay OPIC the Claim Rescission Amount promptly following the exercise of the election to rescind the claim settlement, then OPIC shall be free to sell the Project to any other party and shall have no further obligation to the Investor and the Investor shall have no further rights under this Section 8.02.

  • Table 5—Estimates of Administrative Compliance Costs to SBA Lenders and Agents in the Interim Final Rule, Forgone With Rescission Amount of time required (hours) Value of timeFrequency for first yearNumber of SBA lenders/ agents affected Total forgone costRead and interpret the regulation ..........

  • Comply with Federal regulations and procurement policies relating to the calculation and use of profits, in- cluding those at § 683.295 of this chap- ter, the Uniform Guidance at 2 CFR part 200, and other applicable regula- tions and policies.

Related to Rescission Amount

  • Make-Whole Redemption Amount means the sum of:

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Designation Amount has the meaning given to this term in Section 4.15.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • FX Reduction Amount is defined in Section 2.1.3.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Early Redemption Amount (Tax) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Forced Conversion Amount means the sum of (i) 100% of the aggregate Stated Value then outstanding, (ii) accrued but unpaid dividends and (iii) all liquidated damages and other amounts due in respect of the Series B Preferred Stock.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Senior Reduction Amount With respect to any Payment Date is either:

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greaterthan the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Subordinate Reduction Amount With respect to any Payment Date, the sum of the Scheduled Principal, Unscheduled Principal and Recovery Principal for such Payment Date, less the Senior Reduction Amount.