Elected Amount definition

Elected Amount has the meaning given to such term in Section 3.7(c);

Elected Amount has the meaning set forth in the definition of “Consolidated Secured Debt Ratio.”

Elected Amount has the meaning ascribed to such term in Section 7.2;

Examples of Elected Amount in a sentence

• CAPREIT will match the Elected Amount in the form of Deferred Units having a value equal to the volume weighted average price of all Units traded on the TSX for the five trading days immediately preceding the date on which board compensation is payable.

• It is intended by the parties hereto that the Purchase Price shall be the fair market value of the Transferred Assets, the Elected Amount shall be the lower of the fair market value or the cost amount (as defined in Section 248(1) of the Income Tax Act (Canada)) of the Transferred Assets to WECU and the Stated Capital shall be the paid-up-capital of the Share Consideration on the date hereof.

• For greater certainty, to the extent an Electing Person terminates his or her participation in the grant of DSUs pursuant to this Article 7, he or she shall not be entitled to elect to receive the Elected Amount, or any other amount of his or her Cash Fees in DSUs again until the calendar year following the year in which the termination notice is delivered.

• Each of the Electing Vendor and the Purchaser hereby agrees to make such further elections, enter into such acknowledgements or agreements, and do or cause to be done such further acts and things as may be, in the opinion of counsel, reasonably necessary to give effect to this section and the change in the Elected Amount.

• Borrower shall at all times maintain in a Collateral Account at Bank or subject to a Control Agreement in favor of Collateral Agent a cash balance of not less than an amount equal to the lesser of (i) the Minimum Cash Amount or (ii) the Minimum Cash Elected Amount.

More Definitions of Elected Amount

Elected Amount has the meaning given to such term in the definition of “Consolidated Total Debt Ratio.”

Elected Amount means the amount agreed upon by the parties in accordance with section 6.2 hereof which, for tax purposes, is to be the Vendor's "proceeds of disposition" and the Purchaser's "cost of acquisition" of the Assets;

Elected Amount means the amount jointly elected by the Parties pursuant to Section 4.4. below and as set out in Schedule A.

Elected Amount has the meaning given to such term in the definition of “Consolidated Total Indebtedness to Consolidated Tangible Net Worth Ratio.”

Elected Amount in respect of an Elected Property means the amount agreed to by the Vendor and the Purchaser in their joint election pursuant to Section 4.01.

Elected Amount means, with respect to elections made by Trustees, the Elected Annual Retainer Amount plus the Elected Trustee Fees Amount, and, with respect to elections made by other Participants, the Elected Bonus Amount;

Elected Amount shall have the meaning provided in Section 1.12(l).