Expense Reserve Amount definition

Expense Reserve Amount means $100,000.

Expense Reserve Amount. With respect to any Series, the amount, if any, specified in the related Series Supplement.

Expense Reserve Amount means (i) at any time during which the Drawn Amount of the Notes is greater than or equal to €200,000,000, €400,000; and (ii) at any time during which the Drawn Amount of the Notes is less than €200,000,000, €300,000.

Examples of Expense Reserve Amount in a sentence

• On the Closing Date, the Issuer shall have delivered the Expense Reserve Amount to the Trustee for deposit in the Expense Reserve Account.

• If the Required Expense Reserve Amount is decreased by the Control Party on any date of determination, any resulting excess funds on deposit in the Required Expense Reserve Account above the Required Expense Reserve Amount on such date shall be withdrawn by the Trustee at the direction of the Manager (acting on behalf of the Issuers) and deposited in the Collection Account for subsequent application through the Priority of Payments.

• The Trustee shall, on the Determination Date immediately preceding each Payment Date (other than the final Payment Date), withdraw any amount from the Supplemental Expense Reserve Account in excess of the Supplemental Expense Reserve Amount (determined as of such Determination Date) and deposit such amount in the Interest Collection Subaccount as Interest Proceeds.

• On the Effective Date, the Debtors shall establish the GUC Oversight Expense Reserve and deposit Cash into the GUC Oversight Expense Reserve in the amount of the GUC Oversight Expense Reserve Amount.

• On the Effective Date, the Plan Administrator shall deposit Cash from the Post-Effective Date Debtor Assets into the Plan Administrator Expense Reserve in the amount of the Plan Administrator Expense Reserve Amount.

More Definitions of Expense Reserve Amount

Expense Reserve Amount means (x) for each Settlement Date occurring prior to the IP Completion Date, $350,000 less any amounts released from the Debt Service Reserve Account pursuant to the second sentence of Section 8.04(b) on any prior Settlement Date, and (y) for each Settlement Date occurring on or after the IP Completion Date, $0.

Expense Reserve Amount. $350,000.

Expense Reserve Amount has the meaning set forth in Section 2.3(b)(iv).

Expense Reserve Amount. $225,000.

Expense Reserve Amount means, in the event the Aplindore Program is not terminated or sold by the Company before the Effective Time and if the Closing occurs (a) before November 22, 2009, an amount in cash equal to $350,000, or (b) after November 22, 2009, an amount in cash equal to $100,000, in either case to be used by Parent solely in connection with the Aplindore Program as provided in Section 5.15(a).

Expense Reserve Amount means $150,000. “Extraordinary Receipts” means any cash received by the Borrower or any Project Company not in the ordinary course of business (and not consisting of proceeds relating to a Disposition otherwise subject to Section 2.03(b)(ii) or Casualty Event otherwise subject to Section 2.03(b)(iv) or of proceeds described in Section 2.03(b)(iii) or Section 2.03(b)(vii) of this Agreement) consisting of (a) proceeds of judgments, proceeds of settlements, or other consideration of any kind received in connection with any cause of action or claim, (b) indemnity payments (other than to the extent such indemnity payments are immediately payable to a Person that is not an Affiliate of the Borrower or any Project Company), (c) any purchase price adjustment (other than working capital and other similar adjustments made pursuant to any acquisition document and/or indemnification payments made pursuant to any acquisition document) or (d) any proceeds of tax equity investments in Project Companies (other than tax equity investments anticipated as of the Closing Date and included on Schedule 1.01F) or Indebtedness for borrowed money incurred by Project Companies; provided that an Extraordinary Receipt shall not include (1) any business interruption insurance proceeds, cash receipts from proceeds of insurance or indemnity payments to the extent that such proceeds or payments are received by any Person in respect of any third party claim against such Person and applied to pay (or to reimburse such Person for its prior payment of) such claim and the costs and expenses of such Person with respect thereto or (2) any Diminution Proceeds. “Facility” means the Term Loans.

Expense Reserve Amount means an amount equal to $300,000.