Termination Values. The Parties acknowledge and agree that the Termination Values with respect to the System provided by Provider as of the Effective Date and set forth in Exhibit D are an estimate and are subject to change by Provider pending final review by Provider’s lenders of this Agreement and the credit worthiness of the Customer. Provider shall use its commercially reasonable efforts to submit to its lenders within fifteen (15) business days from the Effective Date, all documentation required by such lender to process the loan in connection with the System. Within ninety (90) days from the date of such submittal, Provider will notify Customer whether an amendment to the Termination Values set forth herein will be required, and if yes, shall provide Customer with written notice thereof, setting forth in detail the new Termination Values required by Provider. If, after the expiration of such ninety (90) day period, Provider does not notify Customer that new Termination Values shall be required, the Termination Values set forth herein shall be deemed accepted by both Parties. If Provider timely provides new Termination Values, then, upon receipt of the new Termination Values by Customer, Customer shall, within two (2) business days from receipt of such new Termination Values, either accept or reject in writing such new Termination Values. If Customer fails to timely reject such new Termination Values in writing, or if Customer accepts such new Termination Values, this Agreement shall be deemed amended to incorporate such new Termination Values. If Customer timely rejects such new Termination Values, Provider may, within two (2) business days from receipt of Customer’s rejection, propose to (i) proceed with the Termination Values as set forth herein; or (ii) propose new Termination Values to Customer, in which case the procedure set forth above shall be repeated one time only. If the Parties are unable to reach agreement with respect to the Termination Values, either Party shall have the right to terminate this Agreement, in which case neither Party shall be deemed in default hereunder and neither Party shall have any further liability to the other Party in connection herewith.
Termination Values. Termination Termination Date Value Factor ----------- ------------ [Termination Value will be an amount at least sufficient to pay in full, as of the date of payment thereof, the aggregate unpaid principal amount of the Certificates outstanding on such date of payment, together with the accrued and unpaid interest thereon.] SCHEDULE V PURCHASE OPTION SCHEDULE
Termination Values. The Parties acknowledge and agree that the Termination Values with respect to the applicable System are as set forth in Schedule D of this Agreement.
Termination Values. Note: Termination Value equals Termination Value % times the Purchase Price of the Real Estate and the Equipment, which totaled $41,903,053. Indianola Lease Indianola Lease Month End Termination Value Termination Value Period Date (%) (Dollar Value) 228 30-Jun-19 61.708% $25,857,535.95 229 31-Jul-19 61.521% $25,779,177.24 230 31-Aug-19 61.335% $25,701,237.56 231 30-Sep-19 61.149% $25,623,297.88 232 31-Oct-19 60.962% $25,544,939.17 233 30-Nov-19 60.776% $25,466,999.50 234 31-Dec-19 60.590% $25,389,059.82 235 31-Jan-20 60.404% $25,311,120.14 236 29-Feb-20 60.217% $25,232,761.43 237 31-Mar-20 60.031% $25,154,821.75 238 30-Apr-20 59.845% $25,076,882.07 239 31-May-20 59.658% $24,998,521.36 240 30-Jun-20 59.472% $24,920,583.69 241 31-Jul-20 59.286% $24,842,644.01 242 31-Aug-20 59.099% $24,764,285.30 243 30-Sep-20 58.913% $24,686,345.62 244 31-Oct-20 58.727% $24,608,405.94 245 30-Nov-20 58.340% $24,530,047.23 246 31-Dec-20 58.354% $24,452,107.55 247 31-Jan-21 58.168% $24,374,167.87 248 28-Feb-21 57.981% $24,295,809.16 249 31-Mar-21 57.795% $24,217,869.49 250 30-Apr-2i 57.609% $24,139,929.81 251 31-May-21 57.423% $24,061,990.13 252 30-Jun-21 57.236% $23,983,631.42 253 31-Jul-21 57.050% $23,905,691.74 254 31-Aug -21 56.864% $23,827,752.06 255 30-Sep-21 56.677% $23,749,393.35 256 31-Oct-21 56.491% $23,671,453.68 257 30-Nov-21 56.305% $23,593,514.00 258 31-Dec-21 56.118% $23,515,155.29 259 31-Jan-22 55.932% 323,437,215.61 260 28-Feb-22 55.746% $23,359,275.93 261 31-Mar-22 55.559% $23,280,917.22 262 30-Apr-22 55.373% $23,202,977.54 263 31-May-22 55.187% $23,125,037.86 264 30-Jun-22 55.000% $23,046,679.15 Schedule 20.0 1(e) Environmental Matters Indianola, MS Property:
Termination Values. Termination Values for any Termination Date in respect of the Project shall be an amount equal to the product of (x) the Head Lease Rent therefor multiplied by (y) the percentage set forth under the heading "Termination Value Percentages" on Schedule 3 hereto.
Termination Values. Termination Termination Date Value Factor [Termination Value will be an amount at least sufficient to pay in full, as of the date of payment thereof, the aggregate unpaid principal amount of the Certificates outstanding on such date of payment, together with the accrued and unpaid interest thereon.] SCHEDULE V PURCHASE OPTION SCHEDULE Exhibit A to Lease Agreement THE INTEREST OF LESSOR UNDER THIS LEASE SUPPLEMENT NO. __ IS SUBJECT TO A SECURITY INTEREST LEASE SUPPLEMENT NO. __ (Federal Express Corporation Trust No. N672FE)
Termination Values. Rent Payment Percentage of Dates Facility Cost ------------ ------------- 17-Dec-97 87.2044335 30-Jun-98 87.8351455 31-Dec-98 86.0033331 30-Jun-99 85.4713120 31-Dec-99 82.3082277 30-Jun-00 81.8415800 31-Dec-00 78.4583759 30-Jun-01 78.0320692 31-Dec-01 74.4490416 30-Jun-02 73.9748060 31-Dec-02 70.2741249 30-Jun-03 69.8414447 31-Dec-03 65.9173406 30-Jun-04 67.6125777 31-Dec-04 61.2747457 30-Jun-05 62.8762389 31-Dec-05 56.4730778 30-Jun-06 57.9787237 31-Dec-06 51.5593961 30-Jun-07 53.0347960 31-Dec-07 46.6379349 30-Jun-08 48.1153975 31-Dec-08 41.7625863 30-Jun-09 43.2626697 31-Dec-09 36.9797172 30-Jun-10 38.5269945 31-Dec-10 32.3434451 30-Jun-11 33.9658040 31-Dec-11 27.5825184 30-Jun-12 28.9707241 31-Dec-12 22.3573975 30-Jun-13 19.5491060
Termination Values. The Termination Value as of a particular Semiannual Rent Payment Date shall mean the product derived from multiplying (i) the percentage figure opposite such Semiannual Rent Payment Date set forth in the table appearing below and (ii) Lessor's Cost for the Equipment. Semiannual Rent Payment Date Percentage of Lessor's Cost ---------------------------- --------------------------- July 23, 1990 87.446434 January 23, 1991 86.609897 July 23, 1991 85.677270 January 23, 1992 84.642244 July 23, 1992 83.511875 January 23, 1993 81.405006 July 23, 1993 79.165196 January 23, 1994 76.824278 July 23, 1994 74.384070 January 23, 1995 71.844183 July 23, 1995 69.205654 January 23, 1996 66.468111 July 23, 1996 63.631655 January 23, 1997 60.696079 July 23, 1997 57.661180 January 23, 1998 54.526741 July 23, 1998 51.292549 January 23, 1999 47.958376 July 23, 1999 44.523996 January 23, 2000 40.989173 July 23, 2000 37.353669 January 23, 2001 33.617234 July 23, 2001 29.779620 January 23, 2002 25.840564 July 23, 2002 21.799805 January 23, 2003 17.657069 July 23, 2003 13.410006 January 23, 2004 9.056151 July 23, 2004 4.590079 January 23, 2005 0.000000 _____________________________ * Based on a Commencement Date of January 23, 1980.
Termination Values. Termination Value shall be calculated in accordance with the Facility Agreement and will be equal to the corresponding Termination Value payable under the Facility Lease.
Termination Values. Lease Year Termination Value ---------- ----------------- 1 $12,000,000 2 $12,000,000 3 $15,329,861 4 $13,829,861 5 $13,371,746 6 $13,371,746 7 $12,371,746 8 $12,371,746 9 $11,874,363 10 $11,874,363 11 $10,874,363 12 $10,874,363 13 $10,795,829 14 $10,795,829 15 $10,795,829 16 $10,795,829 17 $10,795,829 SCHEDULE 2 ---------- APPROVED ALTERATIONS TO BUILDING TWO AND BUILDING THREE
