Aggregate Reduction Amount definition

Aggregate Reduction Amount means (I) for any first Renewal Term, the excess (if any) of (a) the Pre-Reduction Aggregate BLP Annual Basic Rent for such Renewal Term, over (b) 110% of the Prior BLP Aggregate Annual Basic Rent with respect to any Renewal Term, and (II) for each subsequent Renewal Term, the excess (if any) of (a) the Pre-Reduction Aggregate BLP Annual Basic Rent for such Renewal Term, over (b) 105% of the Prior BLP Aggregate Annual Basic Rent with respect to any Renewal Term.
Aggregate Reduction Amount is defined in Section 2.20.
Aggregate Reduction Amount means, with respect to any day, an amount equal to the product of:

Examples of Aggregate Reduction Amount in a sentence

  • Notwithstanding satisfaction of the Conditions to Settlement, Seller shall not be required to pay any Cash Settlement Amount unless and to the extent that the Aggregate Reduction Amount exceeds the Threshold (as each such term is defined in "Settlement Terms"below).

  • The Issuer or Portfolio Manager on behalf of the Issuer may make substitutions in the Reference Portfolio and adjust the subordination of the Notes (by increasing the Threshold and Tranche Limit or by increasing the Aggregate Reduction Amount (all as defined in the Portfolio CDS)) in accordance with the investment objective and the conditions, limitations and restrictions set out in Annexes B and C of the Portfolio CDS.

  • Data collected by the Forest Service over the course of 14 summer seasons from 1996 through 2019 (data was not collected all years) show that 7-day average maximum stream temperatures near the forest boundary (below the proposed project area) typically stay below 16 degrees C.

  • Financing Fee Reset Dates For each Transaction, the first day of each Financing Fee Period for such Transaction Adjusted Aggregate Reduction Amount For any day, the lesser of: (a) the Aggregate Reduction Amount in effect on such day; and (b) the Cash Value as of such day.

  • Narrative Statement of Significance(Explain the significance of the property on one or more continuation sheets.)9.


More Definitions of Aggregate Reduction Amount

Aggregate Reduction Amount shall have the meaning given to that term in the definition of Revolving Financing appearing herein.
Aggregate Reduction Amount means, in respect of any date on which a Loss Determination Amount is determined, (a) the relevant CDS Total Payment minus (b) the related Additional Reserve Account Paymentsubject to a minimum of zero. Outstanding Credit Events at Scheduled Maturity Date:(C) If, as at the Scheduled Maturity Date, (a) one or more Event Determination Dates has occurred but the relevant Final Price(s) are still to be determined, (b) the Swap Counterparty has given notice pursuant to the Default Swap that a Potential Failure to Pay has occurred in relation to one or more Reference Entities, or(c) the Swap Counterparty has given notice pursuant to the Default Swap that, in its opinion, a Credit Event may have occurred and that the Conditions to Settlement may be satisfied during the relevant Notice Delivery Period but have not been so satisfied as at such date (each an "Outstanding Credit Event"):
Aggregate Reduction Amount is defined in Section 3.03(b) of this Agreement.
Aggregate Reduction Amount means the sum of all Yearly Reduction Amounts. The term “Yearly Reduction Amount” means, for any Taxable Year, the amount equal to the product of (y) the portion of the Excess Tax Benefit Payment attributable to such Taxable Year multiplied by (B) the Assumed Tax Rate applicable to such Taxable Year. No interest shall be paid by the Applicable Member(s) with respect to the Repayment Amount. The Applicable Member(s) shall not be liable for any interest and/or penalties to which the Corporation may be subject as a result of the Determination. Any repayment obligation with respect to an Applicable Member under this Section 3.03(b) shall be an unsecured obligation and a several liability (and not a joint liability) of each Applicable Member. If the Tax Benefit Payments reflected in the Amended Schedule for all prior Taxable Years exceeds the amount received by the Applicable Member(s) for all such prior Taxable Years, the Corporation shall pay such amounts to the Applicable Members within thirty (30) days and shall include interest at the Default Rate from the date such amounts would have otherwise been paid with respect to the Taxable Year(s) which were the subject of the Determination. The repayment obligation set forth in this Section 3.03(b) shall be the obligation of the Applicable Member which received the Tax Benefit Payment reduced in the applicable Amended Schedule.
Aggregate Reduction Amount means the sum of (w) the "Reduction Amount", as such term is defined in that certain Assignment of Rights to Payments under Services Agreements dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the "Assignment of Rights to Payments under Services Agreements"), by and between PVH and BACACF, (x) the "Reduction Amount", as such term is defined in that certain Irrevocable Power of Attorney and Assignment of Claim Proceeds dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the "Assignment of Claim Proceeds"), by and among BACACF, PVH, PrimeVision East, Inc., a Delaware corporation, and PrimeVision West, Inc., a Delaware corporation, (y) the "Reduction Amount", as such term is defined in that certain Irrevocable Power of Attorney and Assignment of Claim Proceeds (Asheville Eye) dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the "Asheville Assignment of Claim Proceeds"), by and among BACACF, PVH, and PrimeVision of North Carolina, Inc., a North Carolina corporation, and (z) the Reduction Amount hereunder, and
Aggregate Reduction Amount means an amount equal to the product of:
Aggregate Reduction Amount has the meaning set forth on Exhibit E.