Prepayment Price definition

Prepayment Price. Has the meaning specified in Section 6.02(b) of the Indenture.

Prepayment Price means (i) in the case of the Certificates, an amount equal to the Certificate Balance plus accrued and unpaid interest thereon at the applicable Class B Rate plus interest on any overdue interest at the applicable Class B Rate (to the extent lawful) to but excluding the Prepayment Date and (ii) in the case of a Class of Notes to be prepaid, an amount equal to the unpaid principal amount of such Class of Notes plus accrued and unpaid interest thereon at the applicable Note Interest Rate plus interest on any overdue interest at the applicable Note Interest Rate (to the extent lawful) to but excluding the Prepayment Date.

Prepayment Price has the meaning set forth in Section 3.03(a)(i).

Examples of Prepayment Price in a sentence

• If notice of prepayment has been duly given as aforesaid, and money sufficient for the payment of the Prepayment Price is held by the Trustee, the Certificates so called for prepayment shall, on the Prepayment Date designated in such notice, become due and payable at the Prepayment Price specified in such notice.

• The Principal Component at the Prepayment Price (and related payments of the Interest Component, if any) shall be used to pay the Prepayment Price evidenced and represented by Certificates prepaid on a Prepayment Date pursuant to Section 4.01.

• This Trust Agreement shall be a contract between the Trustee and the Owners to secure the payment of the principal, Prepayment Price, if any, and interest evidenced and represented by the Certificates delivered hereunder, and all covenants and terms to be observed or performed by or on behalf of the Trustee shall be for the equal benefit and security of all Owners without preference or priority as to security or otherwise of any Certificates over any other Certificates, except as expressly provided herein.

• From and after such date interest on the Certificates so called for prepayment shall cease to accrue, such Certificates shall cease to be entitled to any lien, benefit or security hereunder or under the applicable Master Financing Agreement, and the Owners of such Certificates shall have no rights in respect thereof except to receive payment of the Prepayment Price evidenced thereby, which money is hereby pledged to such payment.

• The Principal Component or Prepayment Price shall be payable upon presentation and surrender of such Certificates by the Owners to the Trustee.

More Definitions of Prepayment Price

Prepayment Price means the amount which the LEA may, in its discretion, pay to CONTRACTOR to prepay all Installment Payments with respect to an Appendix. With respect to the LEA’s option to prepay all Installment Payments with respect to an Appendix, the “Prepayment Price” shall be set forth on “Part 2--Payment Schedule” to the applicable Appendix after paying the Installment Payment and all other amounts due on or before such date for prepayment.

Prepayment Price means an amount equal to the Certificate Balance as of the applicable Prepayment Date.

Prepayment Price for any Debentures shall equal the sum of (i) the greater of (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, and (B) the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the Per Share Market Value on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

Prepayment Price means an amount equal to the Certificate Balance of the Class of Certificates to be prepaid plus accrued and unpaid interest thereon at the applicable Certificate Rate plus interest on any overdue interest at the applicable Certificate Rate (to the extent lawful) to but excluding the Prepayment Date.

Prepayment Price shall have the meaning set forth in Section 3.1.

Prepayment Price means in the case of a Class of Notes to be prepaid, an amount equal to the unpaid principal amount of such Class of Notes plus accrued and unpaid interest thereon at the applicable Note Interest Rate plus interest on any overdue interest at the applicable Note Interest Rate (to the extent lawful) to but excluding the Prepayment Date.

Prepayment Price means the Special Event Prepayment Price or Optional Prepayment Price, as the context requires. "Principal Office of the Debenture Trustee," or other similar term, shall mean the office of the Debenture Trustee, at which at any particular time its corporate trust business shall be administered.