Expended Amount definition

Expended Amount. As defined in Section 10.5.2.
Expended Amount has the meaning set forth in SECTION 4A hereof.
Expended Amount means the actual amount expended by Lessee for the Required Capital Improvements as of the Expiration Date if the parties do not enter into a new lease pursuant to paragraph 5.B and a termination fee is owed pursuant to subparagraph 14.A. or as of effective date of earlier termination if a termination fee is owed pursuant to subparagraph 14.A. Such amount includes costs incurred by Lessee to pay (i) Contractors (as defined herein) to construct the Required Capital Improvements (i.e., the cost of work as identified in the ConsensusDocs or AIA documents and set forth in an application for payment), (ii) Contractors to design and provide other pre- construction services for the Required Capital Improvements, (iii) the Owner’s Representative; and (iv) other costs associated with the Required Capital Improvements (e.g., permit fees).

Examples of Expended Amount in a sentence

  • In no event shall Landlord be liable to Tenant for the amount, if any, by which the Expended Amount for any Required Period exceeds the Required Amount for such Required Period.

  • Within thirty (30) days after the end of the Required Period, Tenant shall deliver to Landlord an Officer's Certificate certifying the amount expended in respect of Permitted Expenditures during such Required Period (the "Expended Amount"), and the excess, if any, of the Required Amount for such Required Period over the Expended Amount for such Required Period (the "Excess Amount") shall be payable in accordance with Section 3.3 hereof.

  • Notwithstanding the foregoing, subject to the conditions set forth in Article VII, this Agreement may not be terminated by any party under any circumstance until after the completion of the PCS `C' Block Auction or until after the Bidding Subsidiary ceases to bid in the PCS `C' Block Auction, in which event this Agreement may be terminated only as to the amount by which the total Purchase Commitments exceed the Expended Amount.

  • Within forty five (45) days after the end of each Lease Year during the Required Period, Tenant shall deliver to Landlord an Officer's Certificate certifying the amount expended in respect of, and providing an itemized list of, Permitted Expenditures made during such applicable Lease Year (the "Expended Amount").

  • The obligation of each of ---------------------------------------- the parties to consummate the Transactions contemplated to occur at the Closing shall be conditioned on the Company being awarded one or more PCS Licenses at the PCS "C" Block Auction; provided, that, the Closing shall occur on August 12, 1999 even if the Company has not been awarded any PCS Licenses, unless the Expended Amount shall be zero.


More Definitions of Expended Amount

Expended Amount means the Company's net investment in the Bidding --------------- Subsidiary, i.e., the excess of (i) the aggregate amount invested by the Company and its Subsidiaries in the Bidding Subsidiary over (ii) the aggregate amount of such investment returned to TeleCorp Holding Corp, Inc. by the Bidding Subsidiary before the Closing Date.