Deficit Amount. In the event a Trigger Event occurs, the Company will immediately deposit with the Subscription Receipt Agent the Deficit Amount on the first Business Day following the Termination Date. The Company may use the Earned Interest to partially fund the Deficit Amount (to the extent of the amount of any such Earned Interest).
Appears in 2 contracts
Sources: Subscription Receipt Indenture (Postmedia Network Canada Corp.), Subscription Receipt Indenture (Postmedia Network Canada Corp.)