Common use of Adjustments to Basic Rent Clause in Contracts

Adjustments to Basic Rent. (i) In the event that (A) the Delivery Date occurs other than on Xxxxx 00, 0000, (X) Transaction Expenses paid by Lessor pursuant to Section 16(a) of the Participation Agreement are determined to be other than 2.0900% of Lessor's Cost, or (C) there is a change in tax law (including the issuance of proposed regulations) after December 1, 1997 and on or prior to the Delivery Date, then in each case the Basic Rent percentages set forth in Exhibit B, the Stipulated Loss Value percentages set forth in Exhibit C, the Termination Value percentages set forth in Exhibit D and the Special Purchase Price shall be recalculated by the Owner Participant, on or prior to June 15, 1998, using the same methods and assumptions used to calculate original Basic Rent, Stipulated Loss Value and Termination Value percentages and the Special Purchase Price in order to: (1) maintain the Owner Participant's Net Economic Return and (2) minimize the Net Present Value of Rents to Lessee to the extent possible consistent with clause (1) hereof. In such recalculation there will be no change in the amortization of the Secured Certificates.

Adjustments to Basic Rent. (i) In the event that (A) the Delivery Date occurs other than on Xxxxx 00May 4, 00001998, (XB) Transaction Expenses paid by Lessor pursuant to Section 16(a) of the Participation Agreement are determined to be other than 2.09002.085% of Lessor's Cost, or (C) there is a change in tax law (including the issuance of proposed regulations) after December 1, 1997 and on or prior to the Delivery Date, then in each case the Basic Rent percentages set forth in Exhibit B, the Stipulated Loss Value percentages set forth in Exhibit C, the Termination Value percentages set forth in Exhibit D and the Special Purchase Price shall be recalculated by the Owner Participant, on or prior to June July 15, 1998, using the same methods and assumptions used to calculate original Basic Rent, Stipulated Loss Value and Termination Value percentages and the Special Purchase Price in order to: (1) maintain the Owner Participant's Net Economic Return and (2) minimize the Net Present Value of Rents to Lessee to the extent possible consistent with clause (1) hereof. In such recalculation there will be no change in the amortization of the Secured Certificates.

Adjustments to Basic Rent. (i) In the event that (A) the Delivery Date occurs other than on Xxxxx 00February 4, 00001998, (XB) Transaction Expenses paid by Lessor pursuant to Section 16(a) of the Participation Agreement are determined to be other than 2.09002.1399% of Lessor's Cost, or (C) there is a change in tax law (including the issuance of proposed regulations) after December 1November 21, 1997 and on or prior to the Delivery Date, then in each case the Basic Rent percentages set forth in Exhibit B, the Stipulated Loss Value percentages set forth in Exhibit C, the Termination Value percentages set forth in Exhibit D and D, the Special Purchase Price Price, the Initial Installment and the Remaining Installments shall be recalculated by the Owner Participant, on or prior to June 15May 31, 1998, using the same methods and assumptions used to calculate original Basic Rent, Stipulated Loss Value and Termination Value percentages and percentages, the Special Purchase Price Price, the Initial Installment and the Remaining Installments in order to: (1) maintain the Owner Participant's Net Economic Return and (2) minimize the Net Present Value of Rents to Lessee to the extent possible consistent with clause (1) hereof. In such recalculation there will be no change in the amortization of the Secured Certificates.

Adjustments to Basic Rent. (i) In the event that (A) the Delivery Date occurs other than on Xxxxx 00December 30, 00001997, (XB) Transaction Expenses paid by Lessor pursuant to Section 16(a) of the Participation Agreement are determined to be other than 2.09002.0772% of Lessor's Cost, or (C) there is a change in tax law (including the issuance of proposed regulations) after December 1, 1997 and on or prior to the Delivery Date, then in each case the Basic Rent percentages set forth in Exhibit B, the Stipulated Loss Value percentages set forth in Exhibit C, the Termination Value percentages set forth in Exhibit D and the Special Purchase Price shall be recalculated by the Owner Participant, on or prior to June 15April 30, 1998, using the same methods and assumptions used to calculate original Basic Rent, Stipulated Loss Value and Termination Value percentages and the Special Purchase Price in order to: (1) maintain the Owner Participant's Net Economic Return and (2) minimize the Net Present Value of Rents to Lessee to the extent possible consistent with clause (1) hereof. In such recalculation there will be no change in the amortization of the Secured Certificates.