Examples of Deferred Maintenance Amount in a sentence
Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account and the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account.
Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account.
Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account, the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account and the Initial Ground Rents Amount into the Ground Rent Reserve Sub-Account.
The Board will determine the level of remuneration of Board Members, taking into consideration the recommendations of the Remuneration Committee for the Executive Director(s).Statement on Corporate Governance(cont’d) Non-Executive Directors will be paid a basic fee as ordinary remuneration and will be paid a sum based on their responsibilities in Committees and the Board, their attendance and/or special skills and expertise they bring to the Board.
Mezzanine Borrowers and Mezzanine Lender acknowledge and agree that the Deferred Maintenance Amount (as such term is used herein) shall be funded by Mezzanine Lender into the Deferred Maintenance and Environmental Escrow Account and shall be disbursed to Mezzanine Borrowers in accordance with, and subject to the conditions stated in, Section 6.7 of the Mezzanine Loan Agreement.