Compounded Value definition

Compounded Value means, in respect of the Maximum Profit Lock-In Amount or, as applicable the Excess Profit, such amount divided by the applicable Discount Factor;
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Compounded Value means, for any Note, as of any date of determination, the sum of (A) the principal amount of the Note and (B) any interest in respect of such Note accrued through such date but in no event later than the Trigger Date in accordance with Section 2.01 hereof and the terms of such Note. On the date of issuance of any such Note, the amount under clause (B) shall be zero.
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Compounded Value means, for any Note, as of any date of determination, the sum of (A) the principal amount of the Note and (B) any interest in respect of such Note accrued through such date but in no event later than August 12, 2006 in accordance with Section 2.14 hereof and the terms of such Note. On the date of issuance of any such Note, the amount under clause (B) shall be zero.
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Examples of Compounded Value in a sentence

  • From and after the Trigger Date, interest on the Notes shall be payable in cash semi-annually in arrears on each Interest Payment Date based on the Compounded Value as of the Trigger Date, which shall be the Compounded Value as of the immediately prior Interest Payment Date.

  • On the Trigger Date, the Company shall notify the Trustee in writing of the occurrence of the Trigger Date and of the Compounded Value as of such date.

  • All references in this Note to principal of the Note as of any date shall mean the Compounded Value as of such date.

  • From the date of original issuance of the Notes through the Trigger Date, interest on the Notes shall compound semi-annually on the Compounded Value in effect immediately prior to the applicable Interest Payment Date as if the Compounded Value were principal.

  • The Company shall notify the Trustee in writing of the aggregate amount of such Compounded Value and such accrued and compounded interest on the Determination Date.

  • All references in this Indenture to principal of the Notes as of any date shall mean the Compounded Value as of such date.

  • Upon the occurrence of a Change of Control, each Holder shall have the right to require the Company to repurchase all or any part (equal to $1,000 or an integral multiple of $1,000) of such Holder's Notes (a "CHANGE OF CONTROL OFFER") at a purchase price equal to 101% of the Compounded Value thereof, plus accrued and unpaid interest, if any, to the purchase date (subject to the right of Holders on the relevant record date to receive interest due on the relevant Interest Payment Date).

  • Any interest payment made on the Notes through a combination of cash and compounding to the Compounded Value shall be made on a pro rata basis.

  • From the date of original issuance of the Notes through the Trigger Date, interest on the Notes shall accrue and compound on the Compounded Value in effect immediately prior to the applicable Interest Payment Date as if the Compounded Value were principal.

  • From the second anniversary of the Issue Date through and including the fourth anniversary of the Issue Date, interest on a Note shall accrue at a rate of (i) 13% per annum during any applicable Interest Period with respect to the interest on the Note for such Interest Period that the Company has elected to pay in cash or (ii) 14% per annum during any applicable Interest Period with respect to the interest on the Notes for such Interest Period that was compounded on the Compounded Value.


More Definitions of Compounded Value

Compounded Value means, in respect of an amount, such amount divided by the applicable Discount Factor;
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Related to Compounded Value

  • Cumulative Compounded RFR Rate means, in relation to a Loan (or any part of it) accruing interest at the Compounded Reference Rate, the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15C (Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Compounded SOFR means the compounded average of SOFRs for the applicable Corresponding Tenor, with the rate, or methodology for this rate, and conventions for this rate (which may include compounding in arrears with a lookback and/or suspension period as a mechanism to determine the interest amount payable prior to the end of each Interest Period) being established by the Administrative Agent in accordance with:

  • Compounded Reference Rate means, in relation to any RFR Banking Day during the Interest Period of a Compounded Rate Loan, the percentage rate per annum which is the Daily Non-Cumulative Compounded RFR Rate for that RFR Banking Day.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Compounded Interest shall have the meaning set forth in Section 4.1.