Lessor Investment definition

Lessor Investment means, as of any date of determination, the aggregate amount advanced by the Lessor pursuant to Article II of the Participation Agreement, net of any distributions (other than distributions of Yield or Break Amount) with respect thereto. Except as otherwise expressly required pursuant to Section 18.5 of the Lease, any reference to the Lessor Investment shall be to the Lessor Investment taken as a whole.

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Lessor Investment means, as of any date of determination, the aggregate amount funded by the Lessor pursuant to Article II of the Participation Agreement, as set forth in the Lease Supplement, exclusive of any amount so funded with the proceeds from the sale of Rent Assignment Interests or with the Lessor Retained Interest, and less any distributions received by the Lessor with respect thereto (other than distributions of Lessor’s Gain or Break Amount, if any), as set forth in the Lease Supplement. “Lessor Liens” shall mean Liens on or against the Leased Property, the Site, the Lease or any payment of Rent (a) which result from any act of, or any Claim against, either of the Agents and any Participant, in any case, unrelated to the transactions contemplated by the Operative Documents, (b) which result from any Tax owed by the Lessor (in its individual capacity), the Agents or any Participant, except any Tax for which such Person is entitled to indemnification by Lessee under the Operative Documents, or (c) which result from any act or omission of the Lessor that is in breach of such Person’s covenants or agreements under the Operative Documents. “Lessor Retained Interest” shall mean the right of Lessor to receive payment of that portion of Rent and other amounts under the Lease and other Operative Documents which has not

Lessor Investment the aggregate outstanding amount from time to time of the Lessor Investment Payments made by the Lessor.

Examples of Lessor Investment in a sentence

Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time in such case shall be included in the computation of payment of Yield; provided, however, that if such extension would cause payment of Yield on or amount of any Lessor Investment to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.
Upon the request of any Funding Party, delivered to the Lessor (if it is not such Funding Party) and the Company, the Company shall pay to such Funding Party such amount or amounts as shall compensate such Funding Party for any loss, cost or expense incurred by such Funding Party as a result of any payment, prepayment or redemption (pursuant to Section 5.02 or otherwise) of a Lessor Investment or Lease Participant Investment on a date other than the last day of the Yield Period therefor.
On the Maturity Date and subject to the rights of the Rent Assignees under Article X hereof and the Rent Assignment Agreements and of the Lessor with respect to the Lessor Retained Interest, the Lessor shall be entitled to the aggregate unpaid Lessor Investment and Lessor’s Gain shall be due as of such date to the Lessor.
After the Assignment Effective Date, the Administrative Agent and the Lessee shall make all payments in respect of the interest assigned hereby (including payments of principal on the Rent Assignment Interests, Lessor Retained Interest, Lessor Investment, Yield, Fees and other amounts) to the Assignee.
Each Participant subject to this Section 6.4 shall make payments only to persons named on the Participant Register, and any owner of a Participation may only transfer its right to receive payments in respect of its Participation in Rent Assignment Interests, Lessor Investment or Lessor Retained Interest, as applicable, by having the transfer recorded on the Participant Register.
Upon receipt of the Funding Request, and subject to the terms and conditions of this Agreement, the Lessor agrees that it shall wire transfer its portion of the requested Funding equal to its Lessor Investment Commitment Amount as set forth on Schedule I-B hereto in immediately available funds to the Administrative Agent for further funding to the Escrow Agent and applied in accordance with the Escrow Agreement, all in accordance with Section 2.3.
Each of the Participants may sell, transfer or assign a participation in all or a portion of the interests represented by its Rent Assignment Interests or the interests represented by its Lessor Investment or Lessor Retained Interest, as applicable, or any right to payment thereunder (each such sale, transfer or assignment of a participation in such interests or rights, a “Participation”), to any Person (such Person, a “Participation Holder”) upon prior notice to the Lessee.
Each Participant, upon consent to such Extension Option Request, shall be deemed to have extended its Rent Assignment Interest, Lessor Retained Interest or Lessor Investment, as applicable, accordingly.
It is acquiring the Lessor Investment and the Lessor Retained Interest for its own account for investment and not with a view to any distribution (as such term is used in Section 2(11) of the Securities Act).
Except in the case of a required return described in Section 2.10(b) above, no return in respect of the principal of the Lessor Investment or Lessor’s Gain shall be due prior to the Maturity Date.

More Definitions of Lessor Investment

Lessor Investment as to the Lessor, the aggregate outstanding ----------------- amount from time to time of the equity investment in the Facility, which shall equal the sum of the unrecovered LI Fundings.

Lessor Investment. The Lessor Investment for the Leased Property is $[__].

Lessor Investment has the meaning accorded such term in the definition of "Maximum Revolver Amount".