Unamortized Costs means the historical cost of a fixed asset less the total depreciation shown against that asset up to a specified date. Unamortized costs for this Agreement may include, but are not limited to, design/engineering plans, camera foundation construction and installation, restoration of camera location to its original condition and cost of equipment.
Unamortized Costs means Costs incurred by the Landlord, amortized on a nine year schedule beginning on the Commencement Date and assuming equal monthly payments of principal and interest, with interest at a rate equal to one percent (1%) over the prime rate of Citibank, N.A. on the Commencement Date. The Term "Costs" shall mean and refer to all actual expenditures of the Landlord, for alterations and improvements in connection with this Lease , all leasing commissions paid by Landlord, legal fees actually paid by Landlord in connection with the preparation, execution and delivery of the Leases and any documents or instruments delivered to Landlord or Tenant in connection with the Leases, architectural fees, and all other fees and expenses of whatever kind or nature related to the entering into, the execution and delivery of these Leases and the performance of Landlord's obligations pursuant to the Leases which do not and did not constitute Additional Rent and which were not otherwise paid by Tenant or others..
Unamortized Costs means unamortized Lease-Up Costs as of the Early Termination Date if such Lease-Up Costs were being fully amortized on a straight-line basis over the 63 months of the initial Lease Term at an interest of 12% per annum. “Lease-Up Costs” shall mean the Tenant Allowance (as defined on Exhibit C), all leasing commissions paid to Brokers by Landlord in connection with this Lease and all other out-of-pocket expenses incurred by Landlord with respect to this Lease.
Examples of Unamortized Costs in a sentence
If the City, acting in its reasonable discretion, shall concur with Lessee, then the City shall terminate the Long Lease and this Lease shall revert to the City as Lessor or if, notwithstanding such concurrence, the City shall fail to terminate the Long Lease within forty-five (45) days of receipt of Lessee’s Notice, Lessee shall thereafter have the right to terminate this Lease upon further written notice to the City, and the City shall pay Lessee the then Unamortized Costs upon such termination.
In the event that the arbitrator finds that there has been Canal Dock Failure, then the City shall terminate the Long Lease and this Lease shall revert to the City as Lessor or if, notwithstanding such finding, the City shall fail to terminate the Long Lease within thirty (30) days of the arbitrator’s finding, Lessee shall thereafter have the right to terminate this Lease upon further written notice to the City, and the City shall pay Lessee the then Unamortized Costs upon such termination.
Lessor shall have the right to assign, sell, mortgage, pledge or in any other manner transfer this Lease or any interest therein to any person; provided that if the transferee is not Canal Dock, Lessee may terminate this Lease on written notice to the City, and the City shall pay Lessee the then Unamortized Costs upon such termination.
If GOVERNING BODY elects to terminate the agreement under this subsection during the first twelve (12) months of the initial contract term, GOVERNING BODY shall pay termination costs related to RedSpeed’s Unamortized Costs.
More Definitions of Unamortized Costs
Unamortized Costs as shown in Exhibit "H" shall be reduced, as of any point in time during the term hereof, by the amount of the "Unamortized Costs" as shown in Exhibit "H" which are effective as of the date of the stated expiration date of the Sublease.
Unamortized Costs means the portion of the actual, out-of-pocket cost of the applicable Capital Alteration attributable to the period occurring after expiration of the Term calculated as if such cost was amortized on a straight-line basis over the useful life of the applicable Capital Alteration, as reasonably determined by Tenant; provided that the cost of the applicable Capital Alteration used to calculate the Unamortized Costs shall not exceed the estimated cost set forth in the Tenant CapEx Notice unless such increase has been approved by Landlord. To the extent that Landlord pays to Tenant any Unamortized Costs and Tenant subsequently exercises a Renewal Option under this Lease which results in Landlord having paid Unamortized Costs on account of time periods that fall within the Term, Tenant shall reimburse any overpayment by Landlord within thirty (30) days following receipt of an invoice therefor from Landlord.
Unamortized Costs shall be defined as the Conversion Cost minus any reimbursements made by the Fund, or any other entity, to FDISG to off- set such Conversion Costs. Such amortization shall be straight-line over three years.
Unamortized Costs consisting of the remaining balance of unamortized tenant improvement and leasing commission costs amortized at a rate of 6.0% per annum (collectively the “Termination Fee”).Within thirty (30) days after final completion of Landlord’s Work in the Premises, Landlord shall deliver to Tenant a schedule of the Unamortized Costs applicable to the remainder of the Extension Term.Tenant’s payment of the Termination Fee when and as required under this ¶5.1 is an express condition precedent to Tenant’s effective exercise of its termination option hereunder; and if Tenant fails to exercise its early termination right when and as provided hereunder, including timely payment of the Termination Fee, Xxxxxx’s exercise of its early termination right shall be void and of no effect, and the Lease shall remain in effect as if Tenant had not attempted the exercise of its early termination right.Time is of the essence of this ¶5.1. 03/09/2018 (SUNESIS PHARMACEUTICALS INC) Source As part of that program, on July 28, 2020, GE Oil & Gas US Holdings I, Inc. (the “Stockholder”) entered into a master confirmation (the “Master Confirmation”) with Citibank, N.A. (the “Dealer”) that enables the Stockholder to enter into averaging share forward transactions (any such transaction, a “Forward Transaction”) from time to time with respect to shares of Class A Common Stock. The Master Confirmation provides for the Stockholder to sell and deliver up to a specified number of shares of Class A Common Stock to the Dealer following the end of a calculation period at a price determined at the end of the calculation period based on the volume weighted average price of transactions in the Class A Common Stock in the United States, weighted and adjusted as provided in the Master Confirmation. The number of shares to be delivered by the Stockholder under any Forward Transaction will be based on the Dealer’s hedging sales over the calculation period. The Dealer’s hedging sales will be subject to certain price and volume parameters. The Stockholder will settle any Forward Transaction by delivery of shares promptly following the end of the calculation period unless it elects cash settlement. The Stockholder retains an early termination right. The maximum number of shares that could be delivered under any Forward Transaction will be the number of shares that can be sold under Rule 144 (“Rule 144”) under the Securities Act of 1933, as amended. The number of shares and other terms of any Forward Transactio...
Unamortized Costs consisting of the remaining balance of unamortized tenant improvement and leasing commission costs amortized at a rate of 6.0% per annum (collectively the “Termination Fee”). Within thirty (30) days after final completion of Landlord’s Work in the Premises, Landlord shall deliver to Tenant a schedule of the Unamortized Costs applicable to the remainder of the Extension Term. Tenant’s payment of the Termination Fee when and as required under this ¶ 5.1 is an express condition precedent to Tenant’s effective exercise of its termination option hereunder; and if Tenant fails to exercise its early termination right when and as provided hereunder, including timely payment of the Termination Fee, Tenant’s exercise of its early termination right shall be void and of no effect, and the Lease shall remain in effect as if Tenant had not attempted the exercise of its early termination right. Time is of the essence of this ¶ 5.1.
Unamortized Costs shall be deemed to mean the aggregate of those portions of all costs incurred by Landlord in connection with this Agreement that will not have been recouped by Landlord (through amortization, as addressed below) as of the Cancellation Date, which costs shall include, without limitation, each of the following: (i) $1,092,234.00, as the stipulated and agreed-upon value of the Allowance (hereinafter defined) , or such portion thereof as received by Tenant from Landlord pursuant to this Agreement; and (ii) all brokerage commissions actually paid by Landlord in connection with this Agreement. For the purpose of calculating the Unamortized Costs, the total costs described above shall be amortized over the Amortization Term (hereinafter defined), as if same were a one hundred twenty (120) month, self-amortizing loan at an annual interest rate of seven (7.0%) percent, payable in equal monthly
Unamortized Costs as used herein, shall be deemed to mean those portions of all costs incurred by Landlord in connection with this Lease that have not been amortized as of the Cancellation Date, which costs shall include, without limitation, each of the following: (y) construction, architectural, engineering and other costs and fees associated with the performance of any and all construction performed by Landlord or Landlord's contractors on behalf of Tenant (including the Landlord's Initial Work), and (z) $191,820.00, representing the Broker's commission. For the purpose of calculating the Unamortized Costs, the total costs described above shall be amortized over the entire Term of this Lease as if same were a ten (10) year, self-amortizing loan at an annual interest rate of eight (8%) percent, payable in equal monthly installments of principal and interest combined. The amount of the Unamortized Costs shall be equal to the amount that would be outstanding under such loan as of the Cancellation Date.