Annualized Run Rate Revenue means, as of any date of determination, for any Tower Site, the net annualized rent payable by Tenants for occupancy of a Tower Site as of such date (including site maintenance fees paid, license, easement, and similar fees and revenues pursuant to the Cingular Sublease and fees received as to Economic Benefit Sites and Managed Tower Sites).
Annualized Run Rate Revenue means, at any point in time, the net annualized rent payable by Lessees for occupancy of a Site at such time.
Annualized Run Rate Revenue means for any Tower Site, the annualized rent payable by Tenants for occupancy of a Tower Site at such time.
Examples of Annualized Run Rate Revenue in a sentence
Any Retained Collections Contributions will be part of Aggregate Annualized Run Rate Revenue for one year from the related deposit date.
Any Retained Collections Contribution made following a Collection Period, but on or before the related Payment Date may, at the Issuer’s discretion as designated in the applicable Manager Report, be included in Aggregate Annualized Run Rate Revenue as of the related Determination Date.
Any Retained Collections Contributions will be part of Aggregate Annualized Run Rate Revenue for up to ninety (90) days from the related deposit date.
Notwithstanding anything to the contrary set forth herein, the Asset Entities may convert any Prepaid Site to a Fee Site at any time provided that the percentage of Annualized Run Rate Revenue attributable to all Fee Sites is not greater than 5%, and may exercise any buy-out rights under a Net Profit Agreement at any time.
More Definitions of Annualized Run Rate Revenue
Annualized Run Rate Revenue means, as of any Determination Date, an amount equal to (a) the excess of (i) Retained Collections for the most recently completed Quarterly Collection Period over (ii) the sum (without duplication) of (x) the Management Fee for such Quarterly Collection Period, (y) the Monthly Fiber Network Operating Expenses for the months in such Quarterly Collection Period and (z) insurance expenses and local or other property and similar taxes (including payments in lieu of taxes) paid by the Loan Parties with respect to the Fiber Network Assets during such Quarterly Collection Period, multiplied by (b) four. Notwithstanding anything contained in this definition to the contrary, the Annualized Run Rate Revenue for the fiscal quarter ended December 31, 2023 shall be deemed to be an amount agreed in writing between the Facility Agent and the Borrower.
Annualized Run Rate Revenue has the meaning specified in the Loan Agreement.”
Annualized Run Rate Revenue means, at any point in time, the net annualized rent payable by Lessees for occupancy of a Site at such time. “Anticipated Repayment Date” for each Component, has the meaning set forth in the Loan Agreement Supplement relating to such Component.
Annualized Run Rate Revenue means, for the Obligors, as of any Determination Date, an amount equal to (a) the excess of (i) Retained Collections for such calendar month and the prior two calendar months (for the purpose of this calculation, (x) Retained Collections of $37,834,173.14 for June 2023 and $37,762,610.30 for July 202341,257,328.55 for April 2024 and $41,226,425.96 for May 2024 will be assumed and (y) Retained Collections for August 2023June 2024 will be adjusted to reflect the Manager’s good faith estimate (in accordance with the Operation Standards) of what Retained Collections would have been for the portion of such month occurring prior to the Series 0000-00000-0 Closing Date, if the closing date of the Series 0000-00000-0 Notes had been AugustJune 1, 20232024) over (ii) the Management Fee for such calendar month and the prior two calendar months (assuming for the purpose of this calculation, (x) a Management Fee of $17,418,547.22 for June 2023 and $17,346,246.10 for July 202318,370,339.61 for April 2024 and $18,327,616.00 for May 2024 and (y) a Management Fee for August 2023June 2024 as calculated assuming the closing date of the Series 0000-00000-0 Notes had been AugustJune 1, 20232024) multiplied by (b) four.
Annualized Run Rate Revenue means, at any point in time, the annualized rent payable by tenants for occupancy of a Property at such time. “Applicable Premium” means, with respect to any Note on any redemption or purchase date, the excess of (i) the present value at such redemption orpurchase date, as applicable, of (A) the redemption or purchase price of such Note at May 1, 2013 (such redemption or purchase price being set forth inSection 3.07), plus (B) all required interest payments due on such Note through May 1, 2013 (excluding accrued but unpaid interest, if any, to the redemption or purchase date), computed using a discount rate equal to the Treasury Rate on such redemption date plus 50 basis points over (ii) the principal amount of suchNote.
Annualized Run Rate Revenue means, for the Obligors, as of any Determination Date, an amount equal to (a) the excess of (i) Retained Collections for such calendar month and the prior two calendar months (for the purpose of this calculation, (x) Retained Collections of $37,834,173.14 for June 2023 and $37,762,610.30 for July 2023 will be assumed and (y) Retained Collections for August 2023 will be adjusted to reflect the Manager’s good faith estimate (in accordance with the Operation Standards) of what Retained Collections would have been for the portion of such month occurring prior to the Series 2023-1 Closing Date, if the closing date of the Series 2023-1 Notes had been August 1, 2023) over (ii) the Management Fee for such calendar month and the prior two calendar months (assuming for the purpose of this calculation, (x) a Management Fee of $17,418,547.22 for June 2023 and $17,346,246.10 for July 2023 and (y) a Management Fee for August 2023 as calculated assuming the closing date of the Series 2023-1 Notes had been August 1, 2023) multiplied by (b) four.
Annualized Run Rate Revenue means, at any point in time, the annualized rent payable by Tenants for occupancy of a Tower Site at such time.