Adjusted Release Amount definition

Adjusted Release Amount means, for each Individual Property, the sum of (a) the Release Amount for such Individual Property and (b) fifteen percent (15%) of the Release Amount for such Individual Property.

Adjusted Release Amount means, for each Individual Property, an amount equal to the sum of one hundred ten percent (110%) of the Pro-Rata Release Amount for such Individual Property plus a Prepayment Premium for the Pro-Rata Release Amount.

Adjusted Release Amount means, for each Individual Property, ----------------------- one hundred twenty-five percent (125%) of the Release Amount for such Individual Property.

Examples of Adjusted Release Amount in a sentence

• Any portion of the Adjusted Release Amount applied to the principal amount of the Debt shall be applied first, to reduce the Allocated Loan Amount attributable to the Released Property to zero and second, pro rata to reduce the Allocated Loan Amounts of each of the other remaining Individual Properties.

• Notwithstanding the foregoing, in the event that Lender has applied the Net Proceeds from a Casualty or Condemnation of an Individual Property to the repayment of the Debt and a Partial Release of such Individual Property is thereafter completed, (1) the Adjusted Release Amount for such Individual Property shall be reduced by the amount of such Net Proceeds so applied, and (2) no Yield Maintenance Premium or similar sum shall be due in connection therewith.

• Any Net Liquidation Proceeds After Debt Service deposited into the applicable Debt Service Account pursuant to this Section 2.4.2 shall be applied by Lender as a prepayment of the outstanding principal balance of the Loan in an amount equal to one hundred percent (100%) of such Net Liquidation Proceeds After Debt Service up to the Adjusted Release Amount for such Individual Property.

• In the event the Net Liquidation Proceeds After Debt Service is insufficient to repay the entire Adjusted Release Amount relating to such Individual Property, then the Adjusted Release Amount relating to such Individual Property shall be reduced by an amount of Net Liquidated Proceeds after Debt Service actually paid to Lender.

• If Option Holder shall exercise the -------------------- Purchase Option after the Permitted Release Date, Borrower shall, simultaneously with transferring the Option Property, defease a portion of the Loan equal to the Adjusted Release Amount for the Option Property.

More Definitions of Adjusted Release Amount

Adjusted Release Amount means, (a) for each Non-Minority Interest Property, one hundred twenty percent (120%) of the Release Amount for such Non-Minority Interest Property, and (b) for each Minority Interest Property, one hundred percent (100%) of the Release Amount for such Minority Interest Property.

Adjusted Release Amount means with respect to each Individual Property, an amount equal to 110% of the Release Amount for such Individual Property.

Adjusted Release Amount means in connection with a Partial Defeasance Event with respect to any of the Properties, an amount equal to the greater of (a) one hundred thirty percent (130%) of the Allocated Loan Amount with respect to such Property that is the Release Parcel and (b) ninety-five percent (95%) of the Net Sale Proceeds with respect to such Release Parcel.

Adjusted Release Amount means for an Individual Property the ----------------------- product of the Pro rata Release Amount for such Individual Property and one hundred fifteen percent (115%).

Adjusted Release Amount means, for each Individual Property to be released, (i) one hundred five percent (105%) of the Allocated Loan Amount for such Individual Property, if the Aggregate Release Amounts, together with the Allocated Loan Amount for such Individual Property and any other Individual Property being released simultaneously with such Individual Property, is equal to or less than ten percent (10%) of the Original Principal Indebtedness; (ii) one hundred ten percent (110%) of the Allocated Loan Amount for such Individual Property, if the Aggregate Release Amounts, together with the Allocated Loan Amount for such Individual Property and any other Individual Property being released simultaneously with such Individual Property, is greater than ten percent (10%) of the Original Principal Indebtedness but less than or equal to twenty percent (20%) of the Original Principal Indebtedness, and (iii) one hundred fifteen percent (115%) of the Allocated Loan Amount for such Individual Property, if the Aggregate Release Amounts, together with the Allocated Loan Amount for such Individual Property and any other Individual Property being released simultaneously with such Individual Property, is greater than twenty percent (20%) of the Original Principal Indebtedness.

Adjusted Release Amount means the product of (a) the quotient obtained by dividing the original Release Amount for the Property by the sum of the original Release Amount for the Property and the Additional Property, (b) the outstanding principal balance of the Loan (i.e., the Note and the Defeased Note, if applicable) and the Additional Loan, and (c) one hundred twenty-five percent (125%); provided, however, that, the "Adjusted Release Amount" shall mean the outstanding principal balance of the Loan (taking into account the "Additional Payment Stream" (as defined in the Additional Loan Documents)) in the event that the Additional Loan previously has been completely defeased in accordance with the Additional Loan Documents.

Adjusted Release Amount means the outstanding principal balance of the Loan (taking into account the "Additional Payment Stream" (as defined in the Additional Loan Documents)) in the event that the Additional Loan previously has been completely defeased in accordance with the Additional Loan Documents.