Applicable Principal Amount

Applicable Principal Amount. Shall mean, as of any date of determination, with respect to each $1,000 principal amount at maturity of Notes, (i) the sum of the initial issue price of such Notes ($499.60) plus accrued original issue discount with respect to such Notes through such date of determination or, if no Notes are then outstanding, such sum calculated as if Notes were then outstanding, or (ii) if the Notes have been converted to semiannual cash pay notes upon a Tax Event (as defined in... the Indenture) pursuant to Section 10 of the Indenture, the Restated Principal Amount (as defined in the Indenture). View More