Assignor Participant definition

Assignor Participant shall have the meaning given to that term in Subparagraph 7.05(b) of the Participation Agreement.
Assignor Participant shall have the meaning given to that term in Subparagraph 7.05(b) of the Participation Agreement. "Assumed Appraisal" shall have the meaning given to that term in Subparagraph 3.02(h) of the Purchase Agreement. "Base Rate" shall mean, on any day, the greater of (a) the Prime Rate in effect on such date and (b) the Federal Funds Rate for such day plus one-half percent (0.50%). "Base Rent" shall have the meaning given to that term in Subparagraph 2.03(a) of the Lease Agreement. "Business Day" shall mean any day on which (a) commercial banks are not authorized or required to close in San Francisco, California or New York, New York and (b) if such Business Day is related to a LIBOR Rental Rate, dealings in Dollar deposits are carried out in the London interbank market. "Capital Adequacy Requirement" shall have the meaning given to that term in Subparagraph 2.12(d) of the Participation Agreement. "Capital Asset" shall mean, with respect to any Person, any tangible fixed or capital asset owned or leased (in the case of a Capital Lease) by such Person, or any expense incurred by such Person that is required by GAAP to be reported as a non-current asset on such Person's balance sheet. "Capital Expenditures" shall mean, with respect to Lessee and its Subsidiaries for any period, the sum, determined on a consolidated basis in accordance with GAAP, of all amounts expended and indebtedness incurred or assumed by Lessee and its Subsidiaries during such period for the acquisition of Capital Assets (including all amounts expended and indebtedness incurred or assumed in connection with Capital Leases), other than amounts expended by Lessee and its Subsidiaries to repurchase used Lessee systems previously sold to customers by Lessee and its Subsidiaries. (For clarification and without limiting the generality of this definition, amounts paid by Lessee under the Hayward Lease shall not constitute "Capital Expenditures" if the Hayward Lease is an operating lease under GAAP.) "Capital Leases" shall mean any and all lease obligations that, in accordance with GAAP, are required to be capitalized on the books of a lessee. "Cash Balances" shall mean, with respect to Lessee and its Subsidiaries at any time, the remainder, determined on a consolidated basis in accordance with GAAP, of:

Examples of Assignor Participant in a sentence

  • Effective upon receipt by Assignor Participant of the Assignment Purchase Price payable by each Assignee Participant, the sale, assignment and delegation to such Assignee Participant of such Proportionate Share as described in Paragraph 2 hereof shall become effective.

  • Concurrently with the execution and delivery hereof, Assignor Participant will provide to each Assignee Participant (if it is not already a party to the Participation Agreement) conformed copies of all documents delivered to Assignor Participant on or prior to the Closing Date in satisfaction of the conditions precedent set forth in the Participation Agreement.

  • At or before 12:00 noon (local time of Assignor Participant) on the Assignment Effective Date, each Assignee Participant shall pay to Assignor Participant, in immediately available or same day funds, an amount equal to the purchase price, as agreed between Assignor Participant and such Assignee Participant (the "Assignment Purchase Price"), for the respective Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share purchased by such Assignee Participant hereunder.

  • Tranche A Tranche B Tranche C Proportionate Tranche A Tranche B Tranche C Proportionate Percentage Percentage Percentage Share Percentage Percentage Percentage Share ----------- ----------- ----------- ------------- ----------- ----------- ----------- ------------- Assignor Participant: _________ __.

  • Assignor Participant and each Assignee Participant shall make any separate arrangements between themselves which they deem appropriate with respect to payments between them of amounts paid under the Operative Documents on account of the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share assigned to such Assignee Participant, and neither Agent nor Lessee shall have any responsibility to effect or carry out such separate arrangements.

  • Tranche A Tranche B Tranche C Proportionate Percentage Percentage Percentage Share ---------- ---------- ---------- ------------- Assignor Participant: _________ __.

  • Assignor Participant is one of the "Participants" in a Participation Agreement dated as of November 12, 1997, among KLA-Tencor Corporation ("Lessee"), Lease Plan U.S.A., Inc.

  • Tranche A Tranche B Tranche C Proportionate Tranche A Tranche B Tranche C Proportionate Percentage Percentage Percentage Share Percentage Percentage Percentage Share ---------- ---------- ---------- ------------- ---------- ---------- ----------- ------------- Assignor Participant: --------------------- _________ __.

  • Assignor Participant is one of the "Participants" in a Participation Agreement dated as of June 30, 1999, among Silicon Valley Group, Inc.

  • Assignor Participant is one of the "Participants" in a Participation Agreement dated as of April 13, 2001, among Novellus Systems, Inc.