Specified Portion means an amount equal to (i) $102,000,000 minus (ii) the aggregate amount of obligations under the Existing DIP Credit Agreement that are not repaid in cash on the effective date of the Reorganization Plan.
Specified Portion means that portion of the Evander Mining Right which covers the Specified Mining Area;
Specified Portion means, with respect to each Holder who has agreed to purchase Additional Exchange Notes, the percentage set forth on such Holder’s signature page hereto, provided that the Holders may reallocate each such percentage at any time prior to the Expiration Time by delivering written notice of such reallocation to the Company; provided further that the aggregate amount of all percentages of the Holders who have agreed to purchase Additional Exchange Notes must equal 100% at all times during the term of this Agreement.
Examples of Specified Portion in a sentence
Regional TDR Receiving Area/Local Infrastructure Project Area The City designates the South Lake Union, Commercial Core, and Xxxxx Triangle neighborhoods to be regional TDR receiving areas where 800 Regional TDR Credits, the City’s Sponsoring City Specified Portion, can be used for increased development capacity.
This separate law is Act CXXVI of 1996, on the Use of a Specified Portion of Personal Income Tax According to the Designation of the Taxpayer, commonly referred to as the “1% Law.” The use of the term “1% Law” is really only applicable in Hungary, as it is the only country that has a separate law containing all essential substantive and procedural conditions regarding percentage designations.
Off street parking shall be provided in accordance with the provisions of Section 4.1.0 and 4.1.1 of the Regional District of Kitimat-Stikine’s Bylaw No. 37, 1976 Electoral Area E and Specified Portion of Electoral Area C Zoning Bylaw.
This bylaw may be cited as the “Electoral Area E and Specified Portion of Electoral Area C Zoning Bylaw”.
Application:This bylaw shall be applicable to part of Electoral area E and a Specified Portion of Electoral Area C of the Kitimat-Stikine Regional District as outlined on Schedule “A” and “B” which are attached to and form part of this bylaw.
More Definitions of Specified Portion
Specified Portion means (x) one-third (1/3) if the Special Termination occurs prior to the beginning of the second fiscal year of the Performance Period, (y) two-thirds (2/3) if the Special Termination occurs on or after the beginning of the second fiscal year of the Performance Period and prior to the beginning of the third fiscal year of the Performance Period and (z) the entire amount if the Special Termination occurs on or after the beginning of the third fiscal year of the Performance Period;
Specified Portion means such portion of the Notes that upon conversion by a Holder will result in a number of ADSs (assuming delivery of the maximum number of ADSs due upon conversion that do not represent a fractional ADS) to be delivered to such Holder to equal to (x) seventy five percent (75%), fifty percent (50%) or twenty five percent (25%) multiplied by (y) the number of ADSs calculated as (i) the aggregate principal amount of the Notes issued on the date of this Indenture divided by (ii) US$1,000 and multiplied by (A) the Conversion Rate (in the case of conversion of the Notes pursuant to Section 14.01(a)) or (B) the Qualified Equity Financing Conversion Rate (in the case of conversion of the Notes pursuant to Section 14.01(b)), in each case, in effect immediately prior to the close of business on the relevant Conversion Date or the Qualified Equity Financing Conversion Date (as the case may be).
Specified Portion means, with respect to any repayment required under clause (ii)(B)(2), (ii)(C) or (iii) of Section 5.22 or any Commitment reduction pursuant to clause (ii)(B)(2), (ii)(C) or (iii) of Section 2.11(b), (a) with respect to the Commitments, 50%, (b) with respect to the Bank of Montreal Synthetic Lease Obligations, 40% and (c) with respect to the Mortgage Facility Obligations, 10%; provided that if at the time that any such Commitment reduction or repayment would otherwise be required, (i) the aggregate Commitments of all Banks have been reduced to $85,000,000 or would be reduced to $85,000,000 by the application of less than the applicable Specified Portion of the applicable amount, (ii) the Bank of Montreal Synthetic Lease Obligations have been repaid in full or would be repaid in full by the application of less than all of the applicable Specified Portion of the applicable amount or (iii) the Mortgage Facility Obligations have been repaid in full or would be repaid in full by the application of less than all of the applicable Specified Portion of the applicable amount, the Specified Portion (or the portion of such Specified Portion in excess of the amount necessary to reduce such aggregate Commitments to $85,000,000 or to repay such Bank of Montreal Synthetic Lease Obligations or Mortgage Facility Obligations in full) that would otherwise have been applied to reduce such Commitments or repay such Bank of Montreal Synthetic Lease Obligations or Mortgage Facility Obligations shall be included in the Specified Portions applicable to the outstanding Commitments in excess, in the aggregate for all Banks, of $85,000,000 and the Bank of Montreal Synthetic Lease Obligations and Mortgage Facility Obligations remaining outstanding in proportion to the relative Specified Portions set forth in clauses (a), (b) and (c) above.
Specified Portion means the percentage of the shares of Common Stock owned by the Existing Stockholders, which (when aggregated with the shares of Common Stock purchased by Rho at the Initial Closing or otherwise beneficially owned by it and eligible to be voted in such Company Stockholders' Vote) equals 40% of the outstanding shares of Common Stock of the Company. The Specified Portion shall be allocated among the Existing Stockholders on a pro rata basis in proportion to their respective share ownership as of the date of the Company Stockholders' Vote.
Specified Portion means, as to the Ally Parties, the percentage equal to (as of the time such DIP Financing is provided): (a) the aggregate unpaid principal amount of Initial First Lien Inventory Financing Obligations held by the Ally Parties, divided by (b) the aggregate unpaid principal amount of (i) Second Priority Debt Obligations held by any Second Priority Debt Parties participating in such DIP Financing plus (ii) Initial First Lien Inventory Financing Obligations held by the Ally Parties, multiplied by (c) 100.
Specified Portion means $102 million minus the aggregate amount of obligations under Borrower’s DIP credit agreement that are not repaid in cash on the effective date of the Plan.
Specified Portion means (i) one-third (1/3) if the Termination Date occurs prior to the beginning of the second fiscal year of the Performance Period, (ii) two-thirds (2/3) if the Termination Date occurs on or after the beginning of the second fiscal year of the Performance Period and prior to the beginning of the third fiscal year of the Performance Period and (iii) the entire Target PSU amount if the Termination Date occurs on or after the beginning of the third fiscal year of the Performance Period as set forth on the attached Grant Notice.