Calculation of Principal Amount of Notes. The aggregate principal amount of the Notes of any series, at any date of determination, shall be the principal amount of the Notes of such series at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders of a specified percentage of the principal amount of all the Notes of any series, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes of such series, the holders of which have so consented, by (b) the aggregate principal amount, as of such date of determination, of the Notes of such series then outstanding, in each case, as determined in accordance with the preceding sentence, and Section 13.06 of this Indenture. Any calculation of the Applicable Premium made pursuant to this Section 2.13 shall be made by the Company and delivered to the Trustee pursuant to an Officer’s Certificate.
Appears in 1 contract
Sources: Indenture (Gap Inc)
Calculation of Principal Amount of Notes. The aggregate principal amount of the Notes of any seriesNotes, at any date of determination, shall be the principal amount of the Notes Notes, including any increase in the principal amount thereof as a result of such series a PIK Payment, at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders Holders of a specified percentage of the principal amount of all the Notes of any seriesNotes, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes of such seriesNotes, the holders Holders of which have so consented, consented by (b) the aggregate principal amount, as of such date of determination, of the Notes of such series then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.08 and Section 13.06 2.09 of this Indenture. Any such calculation of the Applicable Premium made pursuant to this Section 2.13 shall be made by the Company and delivered to the Trustee pursuant to an Officer’s Certificate.
Appears in 1 contract
Sources: Note Purchase Agreement (Moneygram International Inc)
Calculation of Principal Amount of Notes. The aggregate principal amount of the Notes of any series, at any date of determination, shall be the principal amount of the Notes of such series at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders of a specified percentage of the principal amount of all the Notes of any series, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes of such series, the holders of which have so consented, by (b) the aggregate principal amount, as of such date of determination, of the Notes of such series then outstanding, in each case, as determined in accordance with the preceding sentence, and Section 13.06 of this Indenture. Any calculation of the Applicable Premium made pursuant to this Section 2.13 shall be made by the Company and delivered to the Trustee pursuant to an Officer’s Officers’ Certificate.
Appears in 1 contract
Sources: Indenture (XPO Logistics, Inc.)