Financing Option. During each of the first five years of the Term, Landlord shall, at Tenant’s request, offer financing to Tenant for up to $30,000,000 per year of (i) expenditures relating to Alterations not including appliances or personal property, (ii) the acquisition and/or development of a healthcare facility that will, upon acquisition, become a part of the Premises and be a Facility that is leased by Tenant hereunder, (iii) uninsured losses expended by Tenant pursuant to Section 12.6, (iv) restoration costs expended by Tenant pursuant to Section 13, or (v) expenditures relating to the BSA Emergency Department Project (each such Alteration obtained in connection with such financing being referred to herein as “Financed Alterations”). In the event that Tenant elects to avail itself of such financing, or such acquired Facility, as applicable, Tenant shall enter into with Landlord, forthwith, and in any event prior to disbursement or advance of any of the cost of such Financed Alteration, (i) at Landlord’s option, if applicable, a construction development and completion agreement or a construction loan agreement and a purchase agreement, which shall set forth Landlord’s then standard terms and conditions respecting such disbursements or advances (as may be modified by mutual agreement of Landlord and Tenant) and (ii) an amendment to this Lease, providing for increases in Minimum Rent with respect to the applicable Facility equal to the product of (y) the amount disbursed by Landlord on account of the Financed Alteration times (z) 7.5%. Any such Alterations shall immediately become a part of the Premises upon completion and shall not count toward the requirements set forth in Section 6.4 above. Tenant shall pay all reasonable and documented third party costs, fees and expenses (including fees and costs of outside attorneys) incurred by Landlord in connection with the review of the Financed Alteration and with the preparation, negotiation and execution of all documents related thereto. Notwithstanding anything to the contrary contained herein, Financed Alterations shall include only non-recurring expenditures, including without limitation the addition of a patient tower, refurbishment of an emergency room, and other structural changes to the Premises that may be required by Legal Requirements.
Financing Option. If Customer elects to lease the pertinent Products and/or Services, Customer:
Financing Option. Prior to the closing of the merger, Purchaser shall have until September 29, 2000 to purchase up to $5,000,000 of the Seller's common stock at $.20 per share."
Financing Option. The Developers shall have the right, but not the obligation, to invest in any equity or debt financing related to the Monterde Project in percentage amounts equal to their respective percentage interest in the outstanding shares of KRI acquired pursuant to Section 3.03 above. Provided, however, that the Developers' resulting interests and those of Affiliates or parties with whom they have a voting agreement for the voting of KRI shares do not collectively exceed 25% of the then outstanding shares of KRI. KRI will give the Developers notice of its intention to carry out a financing and the Developers shall have ten (10) business days in which to declare their intentions to KRI.
Financing Option. Entry into this financing arrangement is not a condition of obtaining insurance. You may opt to pay the premium for such insurance without financing such premium, or to obtain financing from some other source if you choose. State: NY PREMIUM ASSIGNMENT C O R P O R A T I O N (logo) SCHEDULED POLICIES OF INSURANCE V8(0)N13.69 BALTIA AIRLINES INC XXX XXXX XXXXXXX XXXX 000 XXXX000 XXXXXXX, XX 00000 (000) 000-0000 ***D141827*** AVIATION RJSK MGMT ASSOCIATES INC 19766 000 X XXXXXXXX XX XXXXXXX XXXX, XX 00000-0000 (000) 000-0000 Premium Down Payment Unpaid Balance Doc Stamps/Fees Amt. Financed Finance Charges Total Payments 134,800.00 33,700.00 (25.00%) 101,100 0.00 101,100.00 1,552,29 102,652.29 Payment Payments Rate First Due Type Status Contract Type 11,405.81 9 3.67% 5/1/2014 INVOICE RENEW COMMERCIAL EFF DATE EXP DATE COMPANY /BROKER CITY ST CO. # TYPE MEP POLICY NO. TOTAL PREMIUM 4/1/2014 4/1/2015 CO: STATE MATL INS INC MGA: FT XXXXX XX 00000 AIR 0.00% NDD07638 4402 134,800.00 Created By: __UFCF12______________________________________ Auth Code: ________________________________ ADDITIONAL REPRESENTATIONS & WARRANTIES OF PRODUCER
Financing Option. Section 6.5.7. Pursuant to Section 6.5.7 of the Master Lease, Tenant is entitled to [***] per year for Financed Alterations. For the period commencing on the Effective Date and ending on August 31, 2018 (i.e., the expiration of the third Lease Year), Xxxxxx was entitled to request up to [***] for Financed Alterations (the “Total Permitted Amount”) but Tenant only requested [***] for Financed Alterations (the “Total Requested Amount”). Notwithstanding the fact that Xxxxxx did not request the Total Permitted Amount, Landlord has agreed to offer financing for up to [***] (the “NHCC Project Funds”) (i.e., the difference between the Total Permitted Amount and the Total Requested Amount), to be used only for NHCC Expenditures (as hereinafter defined) in the manner set forth in this Amendment. The NHCC Project shall be considered a Facility, an Alteration and a Financed Alteration under the terms of the Master Lease.
Financing Option. Following completion of the Phase 2 earn-in by Newmont Goldcorp, Prodigy Gold may elect for Newmont Goldcorp to fund Prodigy Gold’s share of future expenditure and joint venture costs until commencement of commercial production (“Financing Option”). Following this election, Newmont Goldcorp will be entitled to increase its interest in the joint venture property to an aggregate 75% interest and to recover all funds expended under the Financing Option from 75% of the sales proceeds due to Prodigy Gold.
Financing Option. Vendor understands and agrees that, at Exelon’s option, some or all of the Equipment may be financed or leased through a third-party (hereinafter the “Third-Party Lessor”). Vendor agrees to sell the Equipment to any such Third-Party Lessor as Exelon may in writing direct upon the same or equivalent terms and conditions as set forth herein with respect to the sale to Exelon. Vendor shall execute and deliver any documents necessary to effect such financing or leasing transaction. Any representations made by Vendor or warranties extended by Vendor herein shall continue to run to Exelon and be enforceable by Exelon irrespective of Exelon’s entering into a financing or leasing transaction involving transfer of title or direct purchase by Third-Party Lessor.
Financing Option. Provided no Event of Default has occurred or is continuing under this Schedule and the Agreement, Lessee may exercise the following technology refresh option ("Tech Refresh Option") by delivering to Lessor an irrevocable written election notice to exercise the Tech Refresh Option at least 120 days prior to the expiration of the Primary Term and by completing all of the following on or before the beginning of the last month of the Primary Term (the “Tech Refresh Date”):
Financing Option. At its option, subject to Section 1.01(f), Greenbrook may finance the purchase of any New System with a down payment of [***] and the balance paid in equal installments over thirty-six (36) monthly payments (each a “Monthly Payment”), which Monthly Payment Greenbrook will pay for each New System on the first day of each calendar month beginning on the first day of the first calendar month that is at least thirty (30) days after the date of shipment, whether or not Neuronetics invoices Greenbrook for such payments.
