Escalation Amount definition

Escalation Amount for or in respect of any Calendar Year means the product of (A) the Gross Rentable Area of the Demised Premises times (B.) the amount by which the sum of the Operating Expenses and the Taxes per square foot of the Gross Rentable Area of the Building for such Calendar Year as exceeds the sum of the Taxes for the Base Year plus the Base Year operating expenses per square foot of the Gross Rentable Area of the Building.
Escalation Amount. An amount equal to two percent (2%) of the Minimum ----------------- Rent for the previous Lease Year.
Escalation Amount shall be an amount equal to the greater of (A) the Fixed Appreciation Amount or (B) the Net Broadcast Cash Flow Amount.

Examples of Escalation Amount in a sentence

  • During the first such Extended Term, all of the terms and conditions of this Lease shall continue in full force and effect, except that the Minimum Rent for and during such Extended Term shall be equal to the Minimum Rent in effect on the last day of the Fixed Term, plus the Escalation Amount.

  • Tenant shall thereafter pay Base Rent, as increased by the Escalation Amount set forth in the Statement.

  • The Purchase Price attributable to each Parcel shall be computed based upon the number of gross acres contained therein as depicted on the boundary certification of each such Parcel, to be provided by Buyer to Mission as provided in Section 3.2 below, at the Base Purchase Price per gross acre provided above, plus the Purchase Escalation Amount, as hereinafter defined, based upon the date of Closing for the particular Parcel.

  • The "Purchase Escalation Amount" shall be an amount determined by multiplying the Base Purchase Price for such Parcel being purchased by six percent (6%) and multiplying the resulting product by a fraction, the numerator of which is the number of days from and after November 30, 1994 until the date of Closing, as hereinafter defined, for the Parcel whose purchase price is being determined, and the denominator of which is 365.

  • The Escalation Amount for an Index Date shall be deemed to be zero if the Escalation Amount for such Index Date is zero or a negative number.

  • If the annual Lease Payment under this clause (c) continues in effect for longer than one year, then the annual Lease Payment under this clause (c) shall be increased annually as of each anniversary of the date the first Lease Payment became due pursuant to this clause (c) (each such anniversary being referred to as an "Index Date") by an amount equal to the Escalation Amount on such Index Date.

  • The Aggregate Common Dividend shall be compared to the sum of the Accruing Amount (as defined in Section 3(a)) and Escalation Amount (as defined in Section 3(a)) (such sum, the “Cumulative Amount”).

  • The City will also pay to MWS an amount ("Tax Escalation Amount") equal to the amount by which the Taxes assessed in each tax year exceed the amount of all Taxes paid or accrued by MWS in the calendar year of the Delivery Date.

  • The “Cash Purchase Price” shall be an amount equal to the sum of (a) the Base Value (as defined in Schedule 5(f) hereto), plus (b) the Escalation Amount (as defined and calculated pursuant to Schedule 5(f) hereto), plus (c) to the extent applicable, the Additional Consideration (as defined and calculated pursuant to Schedule 5(f) hereto).

  • Seller agrees to the revised Purchase Price (calculated as Competing Offer purchase price + Escalation Amount, not to exceed Maximum Purchase Price) of $ _________________________.


More Definitions of Escalation Amount

Escalation Amount means an amount which shall – 2.1.20.1 be calculated in respect of each Option Share from and including the Effective Date up to but excluding the Put Option Closing Date or the Call Option Closing Date (whichever is applicable), at the Escalation Rate on an amount equal to the Option Price Balance from time to time; 2.1.20.2 be calculated on the basis of the actual number of days elapsed and a 365 day year, whether or not the year is a leap year; 2.1.20.3 accrue on a daily basis; and 2.1.20.4 be compounded monthly in arrears;
Escalation Amount means the amount derived, in Rands, by applying the Escalation Rate to the Enterprise Value on and from the Effective Date up to but excluding the Closing Date;
Escalation Amount shall be determined as of the applicable Index Date, in accordance with the following formula, but the Escalation Amount for any Index Year shall not exceed $275,000: EA = LP x CPI - PPI --------- PPI Where: EA = Escalation Amount LP = The annual Lease Payment in effect for the preceding Index Year (or $4,500,000, in the case of the first Escalation Amount calculation) CPI = The Producer Index for the current Index Date PPI = The larger of (i) the Producer Index for the immediately preceding Index Date (or the date the first Lease Payment became due pursuant to this clause (c), in the case of the first Escalation Amount calculation) or (ii) the Producer Index for any preceding Index Date or the date the first Lease Payment became due pursuant to this clause (c)
Escalation Amount shall have the meaning given to such term in Section 5.1.

Related to Escalation Amount

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Valuation Amount means, in respect of each Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Allocation Amount means, as of the Closing Date, the Series 2023-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2023-1 Stated Principal Amount resulting from the issuance of additional Series 2023-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2023-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding DollarPrincipal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Quotation Amount means the amount in the Relevant Currency stated as the notional amount with respect to a particular Limit Bid, Limit Offer, Initial Market Bid, Initial Market Offer, Physical Settlement Buy Request or Physical Settlement Sell Request in a Participating Bidder's Initial Market Submission, a Physical Settlement Request or Limit Order Submission, as applicable, which amount in each case will be an integral multiple of an amount equal to the Quotation Amount Increment.

  • Net Amount means the Distribution Amount less the sum of all quarterly payments received by the COP Swap Counterparties under the COP Swap Collateral Agreement in respect of amounts owed under the COP Swap Agreements since January 1, 2014.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Nominal Liquidation Amount Deficit means, for any tranche of notes, the Adjusted Outstanding Dollar Principal Amount minus the nominal liquidation amount of that tranche.

  • Tax Limitation Amount means the maximum amount which may be placed as the Appraised Value on the Applicant’s Qualified Property for maintenance and operations tax assessment in each Tax Year of the Tax Limitation Period of this Agreement pursuant to Section 313.054 of the TEXAS TAX CODE.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Designation Amount has the meaning given to this term in Section 4.15.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Principal Deficit Amount means, as of any date of determination, the excess, if any, of (i) the Series 2006-1 Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (ii) the Series 2006-1 AESOP I Operating Lease Loan Agreement Borrowing Base on such date; provided, however the Principal Deficit Amount on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, shall mean the excess, if any, of (x) the Series 2006-1 Invested Amount on such date (after giving effect to the distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y) the sum of (1) the Series 2006-1 AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2) the lesser of (a) the Series 2006-1 Liquidity Amount on such date and (b) the Series 2006-1 Required Liquidity Amount on such date.

  • Transaction Amount means the aggregate value of all of the issued and outstanding REIT Shares using a per share value equal to the per share value paid to the Stockholders in an Extraordinary Transaction. Transfer has the meaning set forth in Section 9.2(a) hereof. Value means, with respect to REIT Shares, the average of the daily market price of such REIT Share for the ten (10) consecutive trading days immediately preceding the date of such valuation. The market price for each such trading day shall be: (i) if the REIT Shares are Listed, the sale price, regular way, on such day, or if no such sale takes place on such day, the average of the closing bid and asked prices, regular way, on such day; (ii) if the REIT Shares are not Listed, the last reported sale price on such day or, if no sale takes place on such day, the average of the closing bid and asked prices on such day, as reported by a reliable quotation source designated by the General Partner; or (iii) if the REIT Shares are not Listed and no such last reported sale price or closing bid and asked prices are available, the average of the reported high bid and low asked prices on such day, as reported by a reliable quotation source designated by the General Partner, or if there shall be no bid and asked prices on such day, the average of the high bid and low asked prices, as so reported, on the most recent day (not more than ten (10) days prior to the date in question) for which prices have been so reported; provided that if there are no bid and asked prices reported during the ten (10) days prior to the date in question, the value of the REIT Shares shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate. In the event the REIT Shares Amount includes rights that a holder of REIT Shares would be entitled to receive, then the value of such rights shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Deficit Amount has the meaning set forth in Section 6.02.