Adjusted Acquisition Cost definition

Adjusted Acquisition Cost means, with respect to a property, (i) the actual purchase price and commissions paid for such property by a Participating Entity plus (ii) (a) if the property was leased or available for lease as of the date of the Valuation, the actual capitalized renovation costs incurred as of such date or (b) if such property is not leased or available for lease as of the date of the Valuation, the estimated renovation cost for such property calculated in a manner agreed to by the REIT, Two Harbors and Provident.

Adjusted Acquisition Cost means, at any time, with respect to any Parcel of Property or Unit of Equipment, its Acquisition Cost less the aggregate amount of all Monthly Rent Components paid as portions of Basic Rent for such Parcel of Property or Unit of Equipment as of the time of determination.

Adjusted Acquisition Cost means, at the time of determination, the Acquisition Cost of the Project plus any increase in Adjusted Acquisition Cost provided for under subsection 2.3 of the Agreement for Lease (as adjusted pursuant to Section 3 of this Lease) less (i) the aggregate amount of all Monthly Rent Components theretofore included as portions of Basic Rent for any periods for which Basic Rent has been paid, less (ii) any reduction in Adjusted Acquisition Cost provided for under paragraph (i) of Section 10 or paragraph (b) of Section 16 of this Lease.

Examples of Adjusted Acquisition Cost in a sentence

• On such Basic Rent Payment Date, in addition to the payment of the Adjusted Acquisition Cost, the Lessee shall pay to the Lessor Basic Rent payable, the Variable Component of Basic Rent accrued with respect to such Equipment and any Additional Rent and other amounts owing hereunder and the lease of such Equipment shall thereupon terminate.

• Pursuant to Section 13(a) of the Lease, the Lessee delivered to Hawkeye a notice dated March 20, 2008 (the “Purchase Option Notice”) informing Hawkeye of its intent to purchase the Project as a whole for an amount equal to its Adjusted Acquisition Cost on the Basic Rent Payment Date occurring on June 20, 2008 (the “Purchase”).

• The Company will, as promptly as practicable, use all of (a) the proceeds of any sale of the Project corresponding to Acquisition Cost, and (b) the proceeds-payable to the Company, of any loss, destruction, taking or other circumstances referred to in Sections 15(c) and 16(a) of the Lease corresponding to Adjusted Acquisition Cost, for the repayment or prepayment of Loans.

• Thereupon, the Lessor shall adjust the Adjusted Acquisition Cost to reflect such reduction.

• Proceeds of sale received by the Lessor in excess of the Adjusted Acquisition Cost shall be credited against the amounts the Lessee is required to pay under this Section 19 and any other provision hereof.

More Definitions of Adjusted Acquisition Cost

Adjusted Acquisition Cost means, with respect to a property, (i) the actual purchase price and commissions paid for such property by a Participating Entity plus (ii) (a) if the property was leased or available for lease as of the date of the Valuation, the actual capitalized renovation costs incurred as of such date or

Adjusted Acquisition Cost has the meaning set forth in the Lease Agreement.

Adjusted Acquisition Cost means the aggregate of:

Adjusted Acquisition Cost. Cash Proceeds" "Computation Period" "Lease Rate Date" "Level 1" "Level 2" "Level 3" "Level 4" "Level 5" "Monthly Rent Component" "Variable Component of Basic Rent"

Adjusted Acquisition Cost means the aggregate of the Adjusted Acquisition Costs of such Parcel and Equipment. For purposes of paragraphs (b) (c) and (d) of this Section 12, Property shall include the aforementioned Equipment included in the same Unit Leasing Record or AFL Unit Leasing Record.

Adjusted Acquisition Cost means the aggregate of the Adjusted Acquisition Costs of the Pork Production Facility and the Pork Production Facility Equipment being sold pursuant to this Section 12. The lease of Poultry Production Facility Equipment may be terminated pursuant to this Section 12 only in conjunction with a termination pursuant to this Section 12 of the lease of the Poultry Production Facility at which such Poultry Production Facility Equipment is used, or is to be used, and conversely, upon the termination pursuant to this Section 12 of the lease of a Poultry Production Facility, the lease of all of the Poultry Production Facility Equipment used, or to be used, in such Poultry Production Facility must be terminated pursuant to this Section 12 concurrently therewith. For purposes of this Section 12, in connection with the sale of a Poultry Production Facility and the related Poultry Production Facility Equipment, the term "Cash Proceeds" shall mean the aggregate cash proceeds from the sale of such Poultry Production Facility and Poultry Production Facility Equipment and "Adjusted Acquisition Cost" shall mean the aggregate of the Adjusted Acquisition Costs of the Poultry Production Facility and the Poultry Production Facility Equipment being sold pursuant to this Section 12. At the time a Parcel of Property or Unit of Equipment is sold pursuant to this Section 12, such Parcel or Unit shall be in compliance with all Legal Requirements and shall not be subject to any Permitted Contest or any Lien.

Adjusted Acquisition Cost means the aggregate of the Adjusted Acquisition Costs of the Poultry Production Facility and the Poultry Production Facility Equipment being sold pursuant to this Section 12. At the time a Parcel of Property or Unit of Equipment is sold pursuant to this Section 12, such Parcel or Unit shall be in compliance with all Legal Requirements and shall not be subject to any Permitted Contest or any Lien.