Initial Amount definition
Examples of Initial Amount in a sentence
If NA is specified, the aggregate Face Value of the Bonds issued may not exceed the amount specified as the Initial Amount.
The elements used in calculating the Surrender Charge for such Coverage Layer are the Initial Amount, Level Period, Reduction Factor, and End Year for the Coverage Layer and will be shown in a Supplemental Schedule of Coverage sent to you at the time of the increase.
The Initial Amount of Rental Assistance and the Initial Number of Assisted Households are effective between the execution of the Agreement and the end of the Housing Provider’s first annual review by CMHC or its representative of the Housing Provider’s financial statements and reconciliation of funding under this Agreement.
To the extent that the severance amount pursuant to this Section 4(b) exceeds the Initial Amount, the severance amount in excess of the Initial Amount shall be paid to Executive on the date that is the earliest of 6 months after Executive's "separation from service" within the meaning of IRC Section 409A (a "Separation from Service"), Executive's death, or such other date as will not result in such payment being subject to additional tax under Section 409A of the Code.
From and after the fourth anniversary of the Closing Date, the Majority HMTF Holders may make a written request that the Company amend the HMTF Shelf Registration to include in the HMTF Shelf Registration up to 100% of the HMTF Holders' Initial Amount.