Minimum Prepayment Amount definition

Minimum Prepayment Amount means $10,000,000 of the aggregate principal amount of the Loans then outstanding.

Minimum Prepayment Amount means the amount specified as such in the Loan Agreement.

Minimum Prepayment Amount means, in respect of each release of security interests in Impco Shares in connection with the execution of a VLC, an amount that, when deducted from the obligations then remaining due to Impco on the Note, if any, will result in all obligations remaining due under the Note being not greater than fifty percent (50%) of the fair market value (as then quoted on a National Association of Securities Dealers Automated Quotations National Market Exchange) of the Impco Shares subject to the security interest of Impco perfected pursuant to the RS Account Control Agreement.

Examples of Minimum Prepayment Amount in a sentence

• Each partial prepayment of the Loans pursuant to this subsection shall be in an amount equal to the Minimum Prepayment Amount, or, if less, the outstanding principal balance of the Loans.

• After giving effect to any partial prepayment with respect to LIBOR Advances which were made (whether as the result of a borrowing, a conversion or a continuation) on the same date and which had the same Interest Period, the outstanding principal balance of such LIBOR Advances shall equal or exceed (subject to Section 3.3) the Minimum Prepayment Amount.

• No later than June -------------------------------- 28, 2002, unless the Administrative Agent shall otherwise agree, the Borrower will engage an investment advisor reasonably satisfactory to the Administrative Agent to assist it with Dispositions in connection with making the Minimum Prepayment Amount.

• If the amount prepaid by the Company does not equal or exceed the Minimum Prepayment Amount, the difference shall be immediately paid to the Holder by the Company.

• The Client may make prepayments based on the minimum prepayment amounts requirements as stated above, by providing the Financing Bank with a written notice at least 3 Business Days before the intended prepayment date (however, a prepayment for all remaining loan outstanding amount will not be subject to the restriction of Minimum Prepayment Amount).

More Definitions of Minimum Prepayment Amount

Minimum Prepayment Amount means, as to any Sale of Worldwide Collateral, an amount equal to 90% of the OLV of the assets subject to such Sale.

Minimum Prepayment Amount means the amount referred to in Section 3.07(c)(i) and specified in the Loan Agreement.

Minimum Prepayment Amount with respect to any Loan, has the meaning given to such term in the related Confirmation. Payment Account, with respect to any Loan, has the meaning given to such term in the related Confirmation.

Minimum Prepayment Amount means, with respect to Base Rate Advances, Two Hundred Fifty Thousand Dollars ($250,000), and with respect to Eurodollar Advances, Five Hundred Thousand Dollars ($500,000), in each case, or such amount plus a whole multiple of One Hundred Thousand Dollars ($100,000) in excess thereof.

Minimum Prepayment Amount means, on any date on which “Minimum Prepayment Amount” is to be determined, (i) for any such date during the four-quarter period ending March 31, 2011, $150,000,000, (ii) for any such date during the four-quarter period ending March 31, 2012, $200,000,000, (iii) for any such date during the four-quarter period ending March 31, 2013, $250,000,000, (iv) for any such date during the four-quarter period ending March 31, 2014, $300,000,000, (v) for any such date during the four-quarter period ending March 31, 2015, $350,000,000.

Minimum Prepayment Amount means an amount equal to (x) in the case of any Group of ABR Loans, $1,000,000 or any larger multiple of $500,000 and (y) in the case of any Group of Euro-Currency Loans, $5,000,000 or any larger multiple of $1,000,000.

Minimum Prepayment Amount means, in respect of a Property, a percentage of the Allocated Loan Amount in respect of that Property or, in certain cases, a percentage of the initial valuation thereof. In relation to the Merry Hill Loan an Obligor (other than the Merry Hill Borrower) is entitled to dispose of part or the whole of the Merry Hill Property (or as the case may be units in the Merry Hill Limited Partner) in accordance with the related Loan Agreement provided that certain conditions are met, which include: (i) consent of the Issuer (as lender) is obtained, and such consent must not be unreasonably withheld if, inter alia: (a) the disposal is to a third party on arm’s length terms; (b) the net disposal proceeds will equal or exceed an agreed percentage of the relevant Allocated Loan Amount and prepayment expenses; or (ii) the aggregate of the disposals in any financial year will not exceed£5,000,000. In relation to the Tesco Whole Loan, disposals are also permitted in connection with substitution of properties. Any such substitution is subject to various restrictions (unless the prior written consent of the related Property Owner and Borrower Security Trustee is obtained), including the following: