Basis Amount definition

Basis Amount has the meaning set forth in the Separation and Distribution Agreement.
Basis Amount means one-hundred seventy-five million dollars ($175,000,000), unless, pursuant to a written notice delivered to Ainge at least thirty (30) days prior to the anticipated Distribution Date, Fox elects to increase or reduce the Basis Amount by the amount specified in such notice after considering in good faith the estimated adjusted Tax bases of the A&S Assets and the estimated amount of A&S Liabilities; provided, however that the Basis Amount shall not be reduced below one-hundred fifty million dollars ($150,000,000) without the prior written consent of Ainge.
Basis Amount means all customary hard and soft costs incurred in connection with the initial Construction of the Project Improvements by Tenant, including, without limitation all costs incurred in securing necessary public entitlements and private approvals and agreements for construction (including all consulting and expert fees), plus all of the following costs incurred by Workday in acquiring the leasehold interest herein from CREA/Windstar Pleasanton, LLC: consideration paid to CREA/Windstar Pleasanton, LLC for the assignment; all closing costs (including title insurance, surveys and escrow fees); all reasonable and customary broker commissions; reasonable and customary due diligence consultant fees and costs; and reasonable and customary attorney’s fees. Within one hundred eighty (180) days after Substantial Completion of the Project Improvements, Landlord and Tenant shall agree on the Basis Amount and shall document the agreed-upon amount in writing. If Landlord and Tenant are unable to agree upon the Basis Amount within such one hundred eighty (180) day period, the Basis Amount shall be determined by arbitration in accordance with Section 22.3 of this Lease.

Examples of Basis Amount in a sentence

  • The upper limit of the previous amount slab gets defaulted as the Floor Basis Amount.

  • The fee payable to the Collateral Manager in arrears on each Payment Date (prorated for the related Interest Accrual Period) pursuant to Section 9(a) of the Collateral Management Agreement and Section 11.1 of this Indenture, in an amount equal to 0.20% per annum (calculated on the basis of a 360-day year and the actual number of days elapsed during the applicable Interest Accrual Period) of the Fee Basis Amount at the beginning of the Collection Period relating to such Payment Date.

  • Scope of Coverage: Project Specific Type of Coverage: Occurrence Basis Amount of Coverage: $1,000,000 per occurrence $2,000,000 aggregate Policy Period: Annual Policy Effective until final completion of the Project Named Insured: Contractor Additional Insured Parties The Board of Regents of the Nevada System of Higher Education on behalf of CSN (its officers, employees and agents) A separate certificate of insurance evidencing the coverage required herein shall be provided to the Owner.

  • For any day that is not a business day or in a Rebalancing Period, the Manager’s Fee will accrue in U.S. dollars at a rate of 2.5% of the most recently calculated Digital Asset Holdings Fee Basis Amount of the Fund.

  • The fee payable to the Collateral Manager in arrears on each Payment Date (prorated for the related Interest Accrual Period) that accrues during each Interest Accrual Period at a rate equal to 0.15% per annum (calculated on the basis of a 360-day year consisting of twelve 30-day months) of the Fee Basis Amount at the beginning of the Collection Period relating to such Payment Date (as certified by the Collateral Manager to the Trustee).


More Definitions of Basis Amount

Basis Amount has the meaning ascribed to such term in Section 2.2(a).
Basis Amount means $2,300,000,000, unless Houston determines the Revised Basis Amount to be greater than $2,300,000,000, in which case the Basis Amount shall be automatically increased to the Revised Basis Amount; provided, however, that the Basis Amount shall not be increased above $3,008,250,000.
Basis Amount. As defined in the ISO Services Tariff.
Basis Amount means the Company’s aggregate adjusted bases for U.S. federal income Tax purposes in the assets transferred to SpinCo in the Contribution, reduced by the amount of any liabilities assumed (within the meaning of Section 357(c) of the Code) by SpinCo (not taking into account any tax basis attributable to assets taken into account in determining the Estimated Net Working Capital); provided that such amount shall be determined by the Company in good faith and shall not be less than $465,000,000, and provided, further, that if the Company waives the condition set forth in Section 8.2(g)(i)(A) of the Merger Agreement, such amount shall equal the amount set forth in clause (a) of the definition of Above Basis Amount.
Basis Amount. As of any date of determination, the Collateral Principal Amount.
Basis Amount at any particular time shall mean the Allocable Amount of any Relevant Assets that were disposed of through such time by the Partnership.
Basis Amount. As defined in the ISO Services Tariff. Behind-the-Meter Net Generation Resource (“BTM:NG Resource”): As defined in the ISO Services Tariff.