Examples of G&A Cap in a sentence
The pro rata portion of the additional general and administrative expenses shall be added to the G&A Cap Amount and the Upper Cap Amount in the year in which such acquisition, construction, capital improvement, replacement or expansion occurs for the portion of the year occurring thereafter and the full amount of such general and administrative expenses shall be added to the G&A Cap Amount and the Upper Cap Amount thereafter.
The Existing Investors and their permitted transferees shall agree on the amount of the G&A Cap during any such Cap Period Extension.
The Existing Investors (or their permitted transferees) shall agree on the amount of the G&A Cap during any such Cap Period Extension.
The quarterly G&A Cap for the first, second and third years following the Closing shall be $1.5 million, $1.65 million and $1.8 million, respectively.
Attorney Levinson stated that a letter in the file outlining the specifics would be sufficient and that the applicant would be bound by the terms of the letter.