YMF Redemption Price definition

YMF Redemption Price means that portion of the Purchase Price (as defined in the Purchase Agreement) required to be paid on the Second Closing Date, subject to increase or reduction on account of any amounts owed (but not paid) to YMF or Buyer, respectively, under the indemnification provisions of the Purchase Agreement.
Sample 1

Examples of YMF Redemption Price in a sentence

  • A Member may pledge its Units in connection with a financing from an institutional lender provided that no such Transfer or any remedy of such lender shall disturb, alter or reduce: the total dollar amount or timing of payment of the YMF Redemption Price; the guaranteed payment to YMF set forth in Section 5.1.1; or the ability of the Company to exercise the YMF Redemption.

  • To the extent a Member makes additional Capital Contributions, the Manager may issue additional Units to such Member, provided that no issuance of any additional Units shall alter or reduce the YMF Redemption Price.

  • Notwithstanding anything herein to the contrary, no issuance of any additional Units to the existing Members or any New Member shall alter or reduce the total dollar amount of the YMF Redemption Price or the guaranteed payment to YMF set forth in Section 5.1.1 above.

  • In connection with the Second Closing, YMF hereby irrevocably covenants and agrees to sell all of its Units to the Company, and the Initial Member hereby irrevocably covenants and agrees to cause the Company to redeem all of YMF’s Units, on the date of the Second Closing for an amount equal to the YMF Redemption Price (the “YMF Redemption”).

  • In connection with the Purchase Agreement, YMF and YMF Licensee are, as of the date hereof, contributing to the Company as Capital Contributions their respective rights and obligations as the Licensee under the LMA and their respective rights to receive the remainder of the Purchase Price under the Purchase Agreement in exchange for YMF’s right to receive the YMF Redemption Price.

  • Notwithstanding anything to the contrary herein, this Agreement may not be amended in a manner to reduce, alter or eliminate the rights or obligations of the parties with respect to the YMF Redemption, the amount of the YMF Redemption Price or the obligation to pay the LMA Payment to YMF as a guaranteed payment, without the written consent of YMF.

Related to YMF Redemption Price

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • 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.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

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

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

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Notice of Redemption means the Notice of Exercise of Redemption Right substantially in the form attached as Exhibit B hereto.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • 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;

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Gross Redemption Yield means, with respect to a security, the gross redemption yield on such security, expressed as a percentage and calculated by the Financial Adviser on the basis set out by the UK Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 4, Section One: Price/Yield Formulae “Conventional Gilts/Double dated and Updated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date” (published 8 June 1998, as amended or updated from time to time) on a semi-annual compounding basis (converted to an annualised yield and rounded up (if necessary) to four decimal places) or on such other basis as the Trustee may approve;

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;