Capital Reserve. On an annual basis, an amount equal to $0.25 per square foot. The Capital Reserve shall be calculated based on the total rentable square footage of the Buildings owned (or ground leased) at the end of each fiscal quarter, less the square footage of unoccupied space held for development or redevelopment.
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Samples: Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.)
Capital Reserve. On an annual basis, an amount equal to $0.25 per square footfoot for each building located on Real Estate of the Credit Parties and their Subsidiaries. The Capital Reserve shall be calculated based on the total rentable square footage of the Buildings owned (or ground leased) at as of the end of each fiscal quarter, less the square footage of unoccupied space held for development or redevelopment.
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Capital Reserve. On an annual basis, an amount equal to $0.25 per square foot. The Capital Reserve shall be calculated based on the total rentable square footage of the Buildings owned (or ground leased) at the end of each fiscal quarter, less the square footage of unoccupied space held for development or redevelopment. Capitalization Rate. Eight percent (8.00%).
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