Specified Portion definition

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, 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.
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).

Examples of Specified Portion in a sentence

  • If and to the extent that the issuance of Default Shares with respect to a given Specified Portion would result in the a violation of the Beneficial Ownership Limitation, then that particular Specified Portion shall be automatically reduced to a value that would cause the number of Default Shares to be issued to equal the Maximum Percentage, and the amount of such reduction shall be added back to the Unpaid Portion of the Default Amount.

  • The assumption of liability for the Specified Portion of the Corporate Part includes the assumption of liability for future dividends attributable to such allocated units.

  • One specialist noted that, to the extent that an advertiser has a genuine ‘must have’ requirement, it may need to absorb a price increase.

  • If and to the extent that the issuance of Default Shares with respect to a given Specified Portion would result in the a violation of the Default 9.99% Limitation, then that particular Specified Portion shall be automatically reduced to a value that would cause the number of Default Shares to be issued to equal the 9.99% Amount, and the amount of such reduction shall be added back to the Unpaid Portion of the Default Amount.

  • The history of risk free assets in Saudi Arabia can be traced back to mid-1988, when Saudi central bank (SAMA) issued Saudi Government Development Bonds (GDBs).


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 that portion of the Evander Mining Right which covers the Specified Mining Area;
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, 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 a portion of the Class A Units whose aggregate Fair Market Value (determined as of the date the Put Right is exercised) is equal to or less than $14,325,000.
Specified Portion in respect of parcel R-137B means the portion of parcel R-137B marked as Area 2 on the map in the Appendix to this Order and more particularly described in the Schedule to this Order.
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.