Allocated Debt Amount definition

Allocated Debt Amount means: in relation to a Crem Disposal: Crem Asset EBITDA × Debt ; Portfolio EBITDA or, in relation to the disposal of any directly EBITDA-generating asset other than a Crem Disposal: Asset EBITDA Portfolio EBITDA × Debt ; "Amended and Restated Deed in relation to the Legal Mortgage (Northern Irish Law)" means the amended and restated deed in relation to the Northern Irish law legal mortgages dated on or about the Closing Date;
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Allocated Debt Amount means for any Initial Property, the amount set forth --------------------- for such Initial Property on Schedule 1.01(b) attached hereto, and for any other Hotel Property, forty percent (40%) of the Real Estate Value of such Hotel Property.
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Allocated Debt Amount has the meaning set forth in Section 3.11 of this Agreement.
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Examples of Allocated Debt Amount in a sentence

  • Until the Lockout Expiration Date, Buyer OP shall not take, or permit any Subsidiary to take, any action after the Closing Date that results in the amount of indebtedness that Buyer OP will allocate to CAP Sellers following any such action, in accordance with Section 752 of the Code and the regulations thereunder and the Buyer Partnership Agreement, to be reduced to an amount less than the Combined Allocated Debt Amount.

  • If any Release Price exceeds the related Allocated Debt Amount, such excess shall be applied by the Administrative Agent to one of the other Loans, at the discretion and direction of the Administrative Agent.

  • Buyer OP agrees that its Tax Returns for the tax year in which the contribution of the Contributed Assets occurs shall reflect the allocation to CAP Sellers of an amount of indebtedness not less than $88 million (the "Combined Allocated Debt Amount").


More Definitions of Allocated Debt Amount

Allocated Debt Amount means, in respect of any Mortgaged Property or Sold Chargor, an amount equal to the higher of:
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Allocated Debt Amount means for any Hotel Property, 50% (45% following a --------------------- Ratio Modification Event) of the Real Estate Value of such Hotel Property.
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Allocated Debt Amount means, at the time a Mortgaged Property is to be substituted (the “Relevant Time”), an amount determined as follows:
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Related to Allocated Debt Amount

  • Covered Debt Amount means, on any date, the sum of (x) all of the Revolving Credit Exposures of all Lenders on such date plus (y) the aggregate principal amount (including any increase in the aggregate principal amount resulting from payable-in-kind interest) of Other Covered Indebtedness outstanding on such date.

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

  • Adjusted Debt means, as of any date, the sum of (i) all Adjusted Indebtedness of the Company and its Subsidiaries on a Consolidated basis on such date and (ii) (x) Rent Expense for the four consecutive fiscal quarter period ended immediately prior to such date or then ending in respect of which financial statements have been delivered pursuant to Section 7.1(a) or 7.1(b) multiplied by six (6).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”