Minimum Multiple definition

Minimum Multiple means the multiples of the then-current Investment Amount as set forth in Column A of the chart in Section 3.1(b).
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Minimum Multiple means, if the Actual Interest Payment is less than the Required Interest Payment, an amount equal to (a) the Required Interest Payment, minus (b) the Actual Interest Payment.
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Minimum Multiple. “Payment Guaranty”; and “Required Interest Payment”.
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Examples of Minimum Multiple in a sentence

  • The payment of the applicable, Breakage Fee, Exit Fee and Minimum Multiple Fee shall be a condition precedent to the release by Lender of the Mortgages and other collateral securing the Loan.

  • If any insurance Proceeds are applied to reduce the Indebtedness, provided no Event of Default shall have occurred and be continuing, Lender shall apply the same, without any Minimum Multiple Fee or Exit Fee, as applicable, in accordance with the provisions of Section 2.7(c) of this Agreement.

  • The entire outstanding principal amount of the Loan, together with accrued and unpaid interest thereon and all other amounts due to Administrative Agent and Lenders hereunder and under the other Loan Documents (including, if applicable, the Minimum Multiple), shall be payable by Borrower in full on the Maturity Date.

  • If the Minimum Multiple has not been satisfied as of the date of final repayment of the Loan, Borrower’s final prepayment or repayment of the Loan in full shall, in addition to all amounts required above, include the amount necessary to satisfy the Minimum Multiple and such amount shall be distributed by Administrative Agent to the Lenders.

  • If the Proceeds are used to reduce the Indebtedness, they shall be applied in the order provided in Section 2.7(c), without any Minimum Multiple Fee or Exit Fee, as applicable.

  • Notwithstanding the foregoing, if an Event of Default shall have occurred and be continuing, Lender, at its option, may apply any insurance Proceeds to the Indebtedness in such order and priority as Lender deems appropriate in its sole discretion and a Minimum Multiple Fee, Exit Fee, and Breakage Fee (as applicable) shall be due and payable in accordance with the terms of Section 2.5 in connection with any such prepayment.

  • In such event, no Minimum Multiple Fee or Exit Fee, as applicable, shall be payable by Borrower so long as no Event of Default exists.

  • For the avoidance of doubt, the Loan Fee, Facility Fee, and the Minimum Multiple are earned as of the Closing Date, and immediately due and payable in connection with the repayment in full of the Obligations and/or in the event the Obligations are accelerated after the occurrence of an Event of Default.

  • Borrower and Lender shall deem and treat the registered owner of any note as shown in the Register as the absolute owner thereof for all purposes, and neither Borrower nor Lender shall be affected by any notice to the contrary and payment of the principal of, interest on, and Minimum Multiple Fee or Exit Fee, as applicable, if any, due on or with respect to the related note shall be made only to or upon the order of such registered owner.

  • If the Minimum Multiple has not been satisfied as of the date of final repayment of the Loan, ▇▇▇▇▇▇▇▇’s final prepayment or repayment shall, in addition to all other amounts required to be paid hereunder, include the amount necessary to satisfy the Minimum Multiple.


More Definitions of Minimum Multiple

Minimum Multiple has the meaning given to such term in Section 1.6 below.
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Minimum Multiple means the multiples of the then-current Investment Amount as set forth in Column A of the chart in S ection 3.1(b). “Minimum Return Date” means the date on which the Investors have received aggregate payments on account of the Revenue Interest
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Minimum Multiple means the number of Bonds specified as the "Minimum Multiple" in the Register.
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Related to Minimum Multiple

  • Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, US$1,000,000 and (b) in the case of a Borrowing denominated in any Alternative Currency, 1,000,000 units of such currency.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum means that the measured value of the quality characteristic or contaminant must not be less than the release limit stated.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).