Deferred Redemption Amount definition

Deferred Redemption Amount means, in respect of any Deferred Redemption Date, an amount per Note in EUR (rounded down to the nearest cent and subject to a minimum of EUR 0) determined by the Calculation Agent in its sole discretion on the relevant Deferred Redemption Cut-off Date as being equal to the excess (if any) of:
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Deferred Redemption Amount means, as to a Deferred Redemption, the applicable Quarterly Redemption Amount.
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Deferred Redemption Amount means the amount by which the consolidated Loan Parties would have Qualified Cash in an amount less than the greater of (i) $500,000 or (ii) 25% of Parent's Consolidation EBITDA adjusted to remove Stock-Based Compensation in an amount not greater than $150,000, on a trailing twelve month basis as of the last day of the month most recently ended if, after exercise of the Holder Election, Parent were to pay in full the Holder Election Amount, to the extent payable in cash pursuant to the Warrant Agreement; provided, however, that in no event shall the Deferred Redemption Amount exceed 50% of the Holder Election Amount.
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Examples of Deferred Redemption Amount in a sentence

  • The Holder may convert, pursuant to Section 4(a), any principal amount of this Debenture subject to a Deferred Redemption at any time prior to the date that the Deferred Redemption Amount and all amounts owing thereon are due and paid in full.

  • If any portion of the cash payment for a Quarterly Redemption, an Optional Redemption or a Deferred Redemption, as applicable shall not be paid by the Company by the respective due date, interest shall accrue thereon at the rate of 18% per annum (or the maximum rate permitted by applicable law, whichever is less) until the payment of the Quarterly Redemption Amount, the Optional Redemption Amount or the Deferred Redemption Amount, as applicable, plus all amounts owing thereon is paid in full.

  • Any principal amount of this Debenture converted during a Deferred Redemption Period until the date the Deferred Redemption Amount is paid in full shall be applied to the principal amount subject to the Deferred Redemption Amount payable in cash.

  • Any principal amount of this Debenture converted during the applicable Deferred Redemption Period in excess of the Deferred Redemption Amount shall be applied against the last principal amount of this Debenture scheduled to be redeemed hereunder, in reverse time order from the Maturity Date.

  • In the event that a Deferred Redemption Amount arises as the result of the exercise of the Holder Election by one or both Lenders, Borrowers shall be permitted to add the Deferred Redemption Amount to the outstanding principal balance of the Loan (at which time such amount shall commence to accrue interest hereunder) and shall be required to repay such Deferred Redemption Amount over a period of one year from the date of the Holder Election, in four (4) equal quarterly installments of principal.

  • If any portion of the cash payment for a Monthly Redemption, an Optional Redemption or a Deferred Redemption, as applicable shall not be paid by the Company by the respective due date, interest shall accrue thereon at the rate of 18% per annum (or the maximum rate permitted by applicable law, whichever is less) until the payment of the Monthly Redemption Amount, the Optional Redemption Amount or the Deferred Redemption Amount, as applicable, plus all amounts owing thereon is paid in full.

  • Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any principal amount of this Debenture converted during a Deferred Redemption Period until the date the Deferred Redemption Amount is paid in full shall be first applied to the principal amount subject to the Deferred Redemption Amount payable in cash and then to the Deferred Redemption Share Amount.

  • The Deferred Redemption Amount shall accrue interest and shall continue to be secured by Agent's senior lien on all of the Collateral (or, if the Loan has been repaid, by the granting of a new senior lien on all of the Collateral).


More Definitions of Deferred Redemption Amount

Deferred Redemption Amount means, in respect of each Note on a Deferred Redemption Date and its related Adjustment Event an amount in USD (rounded down to the nearest cent and subject to a minimum of USD 0) determined by the Calculation Agent in its sole discretion on the Deferred Redemption Cut-off Date as being equal to the excess (if any) of:
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Related to Deferred Redemption Amount

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;