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 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").
If Landlord sends an Expense Statement, Tenant shall pay, with its next installment of Base Rent due, a fraction of the Estimated Expense Amount for the then-current Expense Year shown in such Expense Statement (reduced by any amounts Estimated Expense Amount previously paid for such Expense Year).
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value, Termination Value and the EBO Amount set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.33% of the Purchase Price (the "Estimated Expense Amount").
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value, Termination Value and the calculation of the EBO Percentage, set forth in the Lease, have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph, Section 14 of the Original Participation Agreement and Section 10 of the First Amendment to Participation Agreement is $___________ (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 and Section 10.01 of the Original Participation Agreement is 1.48% of the Purchase Price (the "Estimated Expense Amount").
If the amount of the expenses is greater than the Estimated Expense Amount, the excess shall be paid by the Lessee on behalf of the Owner Participant as Supplemental Rent on an after-tax basis.
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").
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").