Estimated Expense Amount definition

Estimated Expense Amount. Has the meaning specified in Section 10.01(a) of the Participation Agreement.
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Estimated Expense Amount means a cash amount equal to $750,000.
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Estimated Expense Amount has the meaning specified in Section 14 ------------------------ hereof.
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Examples of Estimated Expense Amount in a sentence

  • Immediately prior to the Closing Date, the Target Companies shall pay to the Holder Representative by wire transfer of immediately available funds in an amount equal to the Estimated Expense Amount.

  • Parent has, pursuant to a legally binding commitment letter (the "Commitment Letter") (a true and correct copy of which has been provided to the Target Companies), sufficient cash on hand or available to it to pay the Cash Merger Consideration, the Estimated Expense Amount and the fees and expenses incurred by Parent and its subsidiaries in connection with the Mergers and to repay the Closing Debt.

  • The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.16% of the Purchase Price (the "Estimated Expense Amount").

  • Until an Estimate Statement is furnished for any Expense Year (which Landlord shall have the right to deliver to Tenant at any time), Tenant shall pay monthly, with the monthly Base Rent installments, an amount equal to one-twelfth (1/12) of the total Estimated Expense Amount set forth in the previous Estimate Statement delivered by Landlord to Tenant.

  • The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph and Section 10.01 of the Original Participation Agreement is 1.33% of the Purchase Price (the "Estimated Expense Amount").

  • If the amount of the expenses paid by the Owner Participant is less than the Estimated Expense Amount, the Owner Participant shall pay all costs, fees and expenses of the Owner Trustee in connection with the administration of the Trust Estate until such time as the amount paid by the Owner Participant pursuant to the preceding paragraph and the costs, fees and expenses of the Owner Trustee paid by the Owner Participant equals the Estimated Expense Amount.

  • The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.15% of the Purchase Price (the "Estimated Expense Amount").

  • The failure of Landlord to timely furnish the Estimate Statement for any Expense Year shall not preclude Landlord from enforcing its rights to collect any Estimated Expense Amount under this Exhibit B, nor shall Landlord be prohibited from revising any Estimate Statement or Estimated Expense Amount theretofore delivered to the extent necessary.

  • The Owner Participant, the Owner Trustee and the Lessee acknowledge that the indicative percentages for Basic Rent, Stipulated Loss Value and Termination Value and the indicative EBO Price to be set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 2.9% of the Purchase Price (the "Estimated Expense Amount").

  • The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Interim Rent, Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.31% of the Purchase Price (the "Estimated Expense Amount").

Related to Estimated Expense Amount

  • Expense Amount As defined in Section 11.01(b) hereof.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Estimated revenue means the amount of revenue estimated to be received from all sources during the budget year in each fund for which a budget is being prepared.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Adjustment Escrow Amount means $1,000,000.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Cash Expenses means, for any period, the Operating Expenses for the operation of the Property for such period or accrued and payable in such period, as set forth in an Approved Annual Budget to the extent that such expenses are actually incurred or accrued for such period by Borrower, less any payments into the Tax and Insurance Escrow Fund.

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Working Capital Escrow Amount means $1,000,000.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.