Unreleased Amount definition

Unreleased Amount shall have the meaning set forth in the definition of Letter of Credit.
Unreleased Amount has the meaning set forth in Section 2.5(b).
Unreleased Amount shall have the meaning set forth in Section 11.7(c).

Examples of Unreleased Amount in a sentence

  • Within five (5) business days following delivery of an Excess Historic Guarantee Notice, Arsenal and Manchester shall consult in good faith with each other in an attempt to reach agreement as to whether an Excess Historic Unreleased Amount exists and, if so, the amount thereof.

  • If, within five (5) business days following delivery of the Excess PLR Guarantee Notice, the Parties are unable to agree as to whether an Excess PLR Unreleased Amount exists or, if it is agreed to exist, the amount thereof, Manchester shall have the right (but not the obligation) to cause the Parties to engage in the arbitration procedures set forth in Exhibit 10 to make such determination.

  • In the event that the Company has entered into a Standby Note Purchase Agreement which is in effect on such date, such notice will constitute a demand for the benefit of the Company to the Liquidity Provider to purchase such unremarketed Notes at a price equal to the outstanding principal amount thereof pursuant to the terms of such Standby Note Purchase Agreement.

  • If any such pending and unresolved claim is resolved in favor of the Seller, then Buyer shall pay to the Seller, as hereinabove provided, an amount equal to the Unreleased Amount plus the interest accrued on such Unreleased Amount from and including the Release Date to and including the date such payment has been made at a rate per annum equal to ten percent (10%).

  • If, within five (5) business days following delivery of the Excess Historic Guarantee Notice, the Parties are unable to agree as to whether an Excess Historic Unreleased Amount exists or, if it is agreed to exist, the amount thereof, Manchester shall have the right (but not the obligation) to cause the Parties to engage in the arbitration procedures set forth in Exhibit 10 to make such determination.


More Definitions of Unreleased Amount

Unreleased Amount. Unreleased Amount" means as of the date of determination, the sum of (i) an amount equal to the product of (A) the Original Principal Amount and (B) a fraction, the numerator which is equal to the number of days elapsed since the Issuance Date and the denominator which is equal to 1,460 and (ii) an aggregate amount of PIK Interest added to the Principal amount pursuant to Section 2(a).