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. 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. N674FE)
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) 152 28-Feb-13 75.867% $31,790,589.22 153 31-Mar-13 75.681% $31,712,649.55 154 30-Apr-13 75.495% $31,634,709.87 155 31-May-13 75.308% $31,556,351.16 156 30-Jun-13 75.122% $31,478,411.48 157 31-JuI-13 74.936% $31,400,471.80 158 31-Aug-13 74.750% $31,322,532.12 159 30-Sep-13 74.563% $31,244,173.41 160 31-Oct-13 74.377% $31,166,233.73 161 30-Nov-13 74.191% $31,088,294.06 162 31-Dec-13 74.004% 331,009,935.35 163 31-Jan-14 73.818% $30,931,995.67 164 28-Feb-14 73,632% $30,854,055.99 165 31-Mar-14 73.445% $30,775,697.28 166 30-Apr-14 73.259% $30,697,757.60 167 31-May-14 73.073% $30,619,817.92 168 30-Jun-14 72.886% $30,541,459.21 169 31-Jul-14 72.700% $30,463,519.54 170 31-Aug-14 72.514% $30,385,579.86 171 30-Sep-14 72.327% $30,307,221.15 172 31-Oct-14 72.141% $30,229,281.47 173 30-Nov-14 71.955% $30,151,341.79 174 31-Dec-14 71.769% $30,073,402.11 175 31-Jan-14 71.582% $29,995,043.40 176 28-Feb-15 71.396% $29,917,103.72 177 31-Mar-15 71.210% $29,839,164.05 178 30-Apr-15 71.023% $29,760,805.34 179 31-May-15 70.837% $29,682,865.66 180 30-Jun-iS 70.651% $29,604,925.98 181 31-Jul-i5 70.464% $29,526,567.27 182 31-Aug-15 70.278% $29,448,627.59 183 30-Sep-15 70.092% $29,370,687.91 184 31-Oct-15 69.905% $29,292,329.20 185 30-Nov-15 69.719% $29,214,389.53 186 31-Dec-15 69.533% $29,136,985 187 31-Jan-16 69.347% $29,058,510.17 188 29-Feb-16 69.160% $28,980,151.46 189 31-Mar-16 68.974% $28,902,211.78
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. 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.
Termination Values. Stipulated Loss Values: Identical to Termination Values as set forth in Exhibit H-5
Termination Values. Rent Payment Percentage of Dates Facility Cost ------------ -------------- 17-Dec-97 89.0545022 30-Jun-98 86.0409747 31-Dec-98 84.0759314 30-Jun-99 83.5035895 31-Dec-99 80.1809867 30-Jun-00 79.5999273 31-Dec-00 76.1395085 30-Jun-01 75.5487494 31-Dec-01 71.9488180 30-Jun-02 71.3500536 31-Dec-02 67.6020393 30-Jun-03 67.8544109 31-Dec-03 63.1056495 30-Jun-04 63.5229419 31-Dec-04 58.4649648 30-Jun-05 59.0898905 31-Dec-05 53.8651105 30-Jun-06 54.6700935 31-Dec-06 49.3832995 30-Jun-07 43.4541287 31-Dec-07 44.7605798 30-Jun-08 38.6311920 31-Dec-08 40.2913338 30-Jun-09 37.1712876 31-Dec-09 36.1573757 30-Jun-10 38.1520291 31-Dec-10 32.2176089 30-Jun-11 33.9383925 31-Dec-11 27.7862621 30-Jun-12 29.2783382 31-Dec-12 22.9087224 30-Jun-13 20.0000000
I. Conditions Precedent to Obligations of Lessee under Original Participation Agreement: None.
J. Conditions Precedent to Obligations of Participants under Original Participation Agreement: Each Participant, Owner Trustee and Indenture Trustee received an opinion, dated the Closing Date, from Van Ness, Feldman, Xxxxxxxxx, Xxxxxx & Levenberg, P.C., special regulatory counsel for Lessee, substantially in the form of Exhibit B attached to Schedule I to the Original Participation Agreement.
Termination Values. The Termination Values shall be revised as ------------------ follows: Amended Lease Year Termination Value (TV) ------------------ ---------------------- 1 Then current TV + 101.50% of FDA 2 Then current TV + 101.25% of FDA 3 Then current TV + 88.75% of FDA 4 Then current TV + 88.75% of FDA 5 Then current TV + 80.00% of FDA 6 Then current TV + 80.00% of FDA 7 Then current TV + 80.00% of FDA 8 Then current TV + 80.00% of FDA 9 Then current TV + 70.50% of FDA 10 Then current TV + 70.50% of FDA 11 Then current TV + 70.50% of FDA 12 Then current TV + 70.50% of FDA 13 Then current TV + 69.00% of FDA 14 Then current TV + 69.00% of FDA 15 Then current TV + 69.00% of FDA
