Capital Reserve definition
Capital Reserve means, as of any date of determination, an amount equal to the product of (i) $0.25 multiplied by (ii) the square footage of all Real Properties on such date.
Capital Reserve means for any period and with respect to a Property (other than any Projects Under Development), an amount equal to the product of (i) the gross leaseable area contained in such Property (in square feet), multiplied by (ii) $0.30 per annum.
Capital Reserve means $200 per year.
Examples of Capital Reserve in a sentence
Once Tenant has established the Working Capital Reserve in Tenant’s bank account (as certified to Landlord monthly), Tenant may distribute excess cash flow earned thereafter to its owners/investors in accordance with its Operating Agreement.
More Definitions of Capital Reserve
Capital Reserve means $50.00 per unit per quarter for all stabilized real properties owned by Guarantor and its consolidated subsidiaries.
Capital Reserve means an amount per annum calculated as the sum of (i) $350 per unit with respect to assisted living properties and independent living properties not subject to a triple-net lease, and (ii) $.50 per square foot with respect to medical office buildings and life science properties not subject to a triple-net lease. For the avoidance of doubt, Capital Reserves shall only apply to properties not subject to a triple-net lease.
Capital Reserve means a capital reserve of $0.20 per weighted average gross leasable square foot for each Property.
Capital Reserve means, for any period and with respect to any of the Unencumbered Properties, an amount equal to the sum of (i) $1,500 per bed for specialty hospitals, long-term acute care hospitals (LTACHs) and acute care hospitals, plus (ii) $350 per bed for senior housing facilities (memory care facilities, assisted living facilities and independent living facilities), plus (iii) $500 per bed for SNFs, plus (iv) $0.50 multiplied by the Net Rentable Areas of MOBs and any other Medical Asset not otherwise described in (i), (ii), or (iii) of this definition of “Capital Reserve”.
Capital Reserve means, for any period and with respect to any improved Real Estate, an amount equal to $0.25 multiplied by the total square footage of the Buildings in such Real Estate. If the term Capital Reserve is used without reference to any specific Real Estate, then the amount shall be determined on an aggregate basis with respect to all Real Estate of the Issuer, the Subsidiary Guarantors and their respective Subsidiaries and a proportionate share of all Real Estate of all Unconsolidated Affiliates. The Capital Reserve shall be calculated based on the total square footage of the Buildings owned (or ground leased) at the end of each fiscal quarter, less the square footage of unoccupied space held for development or redevelopment.
Capital Reserve means the premium paid on the issuance of any Share and
Capital Reserve means sufficient liquid investments maintained by the Fund to permit, in any Fiscal Year, redemptions in an amount equal to the lesser of 20% of the Fund’s retained earnings or 50% of the Fund’s net earnings after taxes in the immediately preceding Fiscal Year.