Amount Previously Paid Sample Clauses

Amount Previously Paid. (2) Form, Schedule or Registration Statement No.: ------------------------------------------------------------------------ (3) Filing Party: ------------------------------------------------------------------------ (4) Date Filed: ------------------------------------------------------------------------ ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- PRELIMINARY COPIES ALLMERICA PROPERTY & CASUALTY COMPANIES, INC. INFORMATION STATEMENT NOTICE OF ACTION TAKEN WITHOUT A MEETING NOTICE OF APPRAISAL RIGHTS ---------------- ALLMERICA FINANCIAL CORPORATION PROSPECTUS This Information Statement/Prospectus, Notice of Action Taken Without a Meeting and Notice of Appraisal Rights (the "Information Statement/Prospectus") is being furnished to holders of Common Stock, par value $1.00 per share ("APY Common Stock") of Allmerica Property & Casualty Companies, Inc., a Delaware corporation ("APY") in connection with the proposed acquisition by Allmerica Financial Corporation, a Delaware corporation ("AFC"), of the outstanding shares of APY Common Stock not held directly or indirectly by AFC. Pursuant to an Agreement and Plan of Merger dated as of February 19, 1997 (the "Merger Agreement") between AFC, APY and APY Acquisition, Inc., a Delaware corporation and a wholly owned subsidiary of AFC ("Merger Sub"), Merger Sub will merge with and into APY (the "Merger") resulting in APY becoming a wholly owned subsidiary of AFC. Also, immediately prior to the consummation of the Merger, the Certificate of Incorporation of APY will be amended to authorize the Board of Directors of APY to issue a new class of APY Common Stock (the "APY Class B Common Stock"), one share of which will be exchanged for each share of APY Common Stock held directly or indirectly by AFC (the "Recapitalization," and together with the Merger, the "Merger Transactions"). After the effective date of the Merger, the APY Common Stock will cease to be quoted on the New York Stock Exchange (the "NYSE"). Under the terms of the Merger Agreement, each outstanding share of APY Common Stock, other than shares held directly or indirectly by AFC or by stockholders who properly perfect their appraisal rights under the Delaware General Corporation Law (the "DGCL"), will be converted into the right to receive (x) 0.4 (the "Standard Exchange Ratio") of a share of the Common Stock, $.01 par value per share, of AFC ("A...
AutoNDA by SimpleDocs
Amount Previously Paid. 2) Form, Schedule or Registration Statement No.: ---------------------------------------------------------------------
Amount Previously Paid. (2) Form, Schedule or Registration Statement No.: ------------------------------------------------------------------------ (3) Filing Party: ------------------------------------------------------------------------ (4) Date Filed: ------------------------------------------------------------------------ ------------------------------------------------------------------------------- -------------------------------------------------------------------------------

Related to Amount Previously Paid

  • Optional Prepayments with Make-Whole Amount (a) The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, any Series of the Notes, in an amount not less than 10% of the aggregate principal amount of such Series of the Notes then outstanding (but if in the case of a partial prepayment, then against each tranche within such Series of Notes in proportion to the aggregate principal amount outstanding of each tranche of such Series), at 100% of the principal amount so prepaid, together with interest accrued thereon to the date of such prepayment, plus the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each holder of the Series of Notes to be prepaid written notice of each optional prepayment under this Section 8.2 not less than 10 days and not more than 60 days prior to the date fixed for such prepayment. Each such notice shall specify such date, the aggregate principal amount of the Series of the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section 8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two Business Days prior to such prepayment, the Company shall deliver to each holder of the Series of Notes to be prepaid a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date.

  • Notice of Optional Prepayment The Company shall give the holder of each Note of a Series to be prepaid pursuant to paragraph 4C irrevocable written notice of such prepayment not less than 10 Business Days prior to the prepayment date, specifying such prepayment date, the aggregate principal amount of the Notes of such Series to be prepaid on such date, the principal amount of the Notes of such Series held by such holder to be prepaid on that date and that such prepayment is to be made pursuant to paragraph 4C. Notice of prepayment having been given as aforesaid, the principal amount of the Notes specified in such notice, together with interest thereon to the prepayment date and together with the Yield-Maintenance Amount, if any, herein provided, shall become due and payable on such prepayment date. The Company shall, on or before the day on which it gives written notice of any prepayment pursuant to paragraph 4C, give telephonic notice of the principal amount of the Notes to be prepaid and the prepayment date to each Significant Holder which shall have designated a recipient for such notices in the Purchaser Schedule attached hereto or the applicable Confirmation of Acceptance or by notice in writing to the Company.

  • Deemed Payment of Principal and Interest; Settlement of Accrued Interest Notwithstanding Conversion If a Holder converts a Note, then the Company will not adjust the Conversion Rate to account for any accrued and unpaid interest on such Note, and, except as provided in Section 5.02(D), the Company’s delivery of the Conversion Consideration due in respect of such conversion will be deemed to fully satisfy and discharge the Company’s obligation to pay the principal of, and accrued and unpaid interest, if any, on, such Note to, but excluding the Conversion Date. As a result, except as provided in Section 5.02(D), any accrued and unpaid interest on a converted Note will be deemed to be paid in full rather than cancelled, extinguished or forfeited. In addition, subject to Section 5.02(D), if the Conversion Consideration for a Note consists of both cash and shares of Common Stock, then accrued and unpaid interest that is deemed to be paid therewith will be deemed to be paid first out of such cash.

  • Senior Prepayment Percentage See the definition of “Group 1 Senior Prepayment Percentage or Group 2 Senior Prepayment Percentage”.

  • Notice and Terms of Optional Prepayment The Borrower shall notify the Administrative Agent by telephone (confirmed by facsimile) of any optional prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 12:00 noon, New York City time, three Business Days before the date of prepayment, or (ii) in the case of prepayment of an ABR Borrowing, not later than 12:00 noon, New York City time, one Business Day before the date of prepayment. Each such notice shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of the contents thereof. Each such partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02. Each such prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing and shall be accompanied by accrued interest to the extent required by Section 3.02.

  • Repayment Prepayment and Cancellation 6 REPAYMENT

Time is Money Join Law Insider Premium to draft better contracts faster.