Applicable Percentage Amount definition

Applicable Percentage Amount means 1.20% of the current fiscal year Pre-Bonus Net Income.

Applicable Percentage Amount means, with respect to any Lease Supplement, ---------------------------- the product obtained by multiplying the Lessor's Cost of the Systems subject to such Lease Supplement as of such date by the Applicable Percentage.

Applicable Percentage Amount means the product obtained by multiplying the aggregate original Purchase Price of the Units then subject to the Lease by 79%.

Examples of Applicable Percentage Amount in a sentence

• If Lessee exercises the Sale Option and the sum of the Proceeds from the sale of all Units subject to this Lease plus the Applicable Percentage Amount are less than the outstanding Lease Balance, Lessor (upon direction from any Affected Participant) shall engage an appraiser of nationally recognized standing, at Lessee's expense, to determine (by appraisal methods satisfactory to the Affected Participants) the Fair Market Value of the Units then subject to this Lease as of the Termination Date.

• If the Appraisal concludes that the Fair Market Value of such Units as of the Termination Date was in excess of the aggregate Proceeds from the sale of all Units subject to this Lease, Lessee shall promptly pay to Lessor, as Supplemental Rent, such excess, which together with such Proceeds and the Applicable Percentage Amount so paid shall not exceed the Lease Balance determined immediately prior to the application of the foregoing amounts.

• Notwithstanding anything contained herein to the contrary, the Applicable Percentage Amount, any and all Basic Rent, Supplemental Rent, payments pursuant to Articles IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds and other sums paid to or received or collected by or on behalf of Assignee shall be paid, allocated and distributed pursuant to the terms of, and in the order of priority provided for in, Section 3.3 of the Loan Agreement.

• Dollars will be added to the Bonus Pool in two methods: (i) 1.2% of fiscal 2022's Pre-Bonus Net Income ("Applicable Percentage Amount") will be included as a Base Amount; and (ii) if fiscal 2022's Pre-Bonus Net Income exceeds the Company's Target Pre-Bonus Net Income Amount, then a percentage of the amount above the Target will be added to the Base Amount in calculating the total Bonus Pool, as outlined in Exhibit A.

• Lessor hereby directs Lessee to deliver or remit directly to Assignee at its address set forth in the Participation Agreement the Applicable Percentage Amount, all Basic Rent, all Supplemental Rent, payments pursuant to Articles IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds and other sums paid or payable to Lessor pursuant to the Lease by wire transfer of Federal or other funds current and immediately available to Assignee on the due date thereof.

More Definitions of Applicable Percentage Amount

Applicable Percentage Amount means, for any Site as of any date, the product of the Applicable Percentage for such Site multiplied by the remainder (if a positive number) of the Site Balance for such Site minus the Land Interest Lease Balance for that Site.

Applicable Percentage Amount. With respect to each Schedule, the sum of the products obtained by multiplying the Purchase Price of the Units covered by such Schedule by the Applicable Percentage.

Applicable Percentage Amount means during the Base Term with respect to any Lease Supplement, the product obtained by multiplying the aggregate Purchase Price for the Items of Equipment then subject to such Lease Supplement by 29.04%.

Applicable Percentage Amount means, as of any date of determination, the product obtained by multiplying the aggregate original Purchase Price of the Units then subject to this Lease by the Applicable Percentage for the period in which such date occurs.

Applicable Percentage Amount means, as of any date of determination, the sum of the products obtained by multiplying the aggregate original Purchase Price of each item of Equipment then subject to this Lease by the Applicable Percentage set forth in Schedule II to the Lease Supplement covering such Equipment for the period in which such date occurs.

Applicable Percentage Amount means the sum of the products obtained by multiplying the Purchase Price of each Functional Unit subject to the Sale Option by the Applicable Percentage set forth in Schedule II to the Lease Supplement governing such Functional Unit.

Applicable Percentage Amount means, as of any date of determination, ---------------------------- the product obtained by multiplying the sum of the aggregate original Certificate Purchaser Amounts of both classes of the Certificates by the Applicable Percentage.