Capital Element Sample Clauses

Capital Element. 2.1 Subject to section 2.2 and 2.3 below, the “Capital Element” shall be: US***** per day (and pro rata for time periods other than a day). 2.2 Subject to section 5, for each Company Alteration, if the Company Alteration results in an increase in Owner’s costs of performing this agreement (except Operating Cost in the Hire Contract Years), Owner may invoice the amount of any increased cost before or after beginning that Company Alteration, the Company shall pay that amount within ***** Banking Days after being invoiced therefor, and Owner need not start such Company Alteration until such payment is made. 2.3 Subject to section 2.2 above, after the Initial Lease Period, the Capital Element shall be an amount per day in US dollars (and pro rata for the time periods other than a day) equal to *****% of the Capital Element that applied immediately before the Initial Lease Period ended.
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Related to Capital Element

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  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Fee Structure In consideration of Consultant providing services, Municipality shall pay Consultant for Services performed in accordance with Exhibit A – List of Services and Fee Schedule.

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  • Optional element Which of the parties will be the beneficiary of this limitation of liability?

  • Master Feeder Structure If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

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