Maximum Lessee Risk Amount for any Item of Equipment on any date of determination means an amount obtained by multiplying (i) the percentage set forth as the "Maximum Lessee Risk Percentage" in the Lease Supplement for such Item (which percentage will be the maximum amount permitted in order to allow Lessee to get off balance sheet treatment for the Equipment (approximately 82%)) by (ii) the Acquisition Cost for such Item.

Maximum Lessee Risk Amount means for the Equipment described in each Lease Supplement an amount equal to the percentage set forth in Schedule 2 to such Lease Supplement under the heading "Maximum Lessee Risk Percentage" multiplied by the Equipment Cost for such Equipment described in such Lease Supplement, which Maximum Lessee Risk Amount in all cases shall be an amount not less than the then outstanding principal balance owed with respect to the Notes under which a portion of the purchase price of the applicable Equipment was advanced.

Maximum Lessee Risk Amount shall have the meaning given such term in Annex E to the Schedule.

Examples of Maximum Lessee Risk Amount in a sentence

During the Construction Term, the Maximum Lessor Risk amount on any date of calculation shall be equal to Cost of the Project minus the Maximum Lessee Risk Amount.
The Lessee acknowledges and agrees that the Lessee's obligations to make indemnity payments under this Article VIII are separate from, in addition to, and do not reduce, the Lessee's obligation to pay under the Lease that portion of the Equipment Cost constituting the Maximum Lessee Risk Amount.
End of Year* Maximum Lessee Risk Amount** Maximum Lessor Risk Amount** ------------ -------------------------- -------------------------- 5 84.071820% 15.928180% 6 89.686611 10.313389 7 89.686611 10.313389 *Years after the Basic Term Commencement Date (determined on anniversary of Basic Term Commencement Date).
Exhibit E to Master Lease - Percentage for Determining Maximum Lessee Risk Amount is hereby deleted in its entirety and replaced with a new Exhibit E to Master Lease - Percentage for Determining Maximum Lessee Risk Amount attached to this Master Amendment.
The Maximum Lessee Risk Amount shall be equal to the Cost of the Properties times the percentages set forth below opposite the related Term Termination Date less any reduction thereto which may be applicable pursuant to the definition of Maximum Lessee Risk Amount as set forth in Appendix I.

More Definitions of Maximum Lessee Risk Amount

Maximum Lessee Risk Amount means an amount calculated as set forth in Schedule F of the Lease for each relevant period and Property.

Maximum Lessee Risk Amount for any Item of Equipment shall mean the percentage set forth in the Lease Supplement for such Item under the caption "Maximum Lessee Risk Percentage" applicable to the Basic Term or any Renewal Term then ending, multiplied by the Acquisition Cost for such Item.

Maximum Lessee Risk Amount means the product of (i) the Lessee Risk Percentage and (ii) the Property Cost.

Maximum Lessee Risk Amount for any Item of Equipment shall mean an amount equal to the product of (i) the percentage set forth in Schedule 2 to the Lease Supplement covering such Item of Equipment under the caption "Maximum Lessee Risk Percentage," multiplied by (ii) the Equipment Cost of such Item of Equipment.

Maximum Lessee Risk Amount means, with respect to the Operating Lease Properties as of any date of determination, the product of the "Maximum Lessee Risk Percentage" set forth in Exhibit E of the Master Lease, multiplied by the Lease Balances plus the Property Termination Premiums for all Operating Lease Properties then subject to the Master Lease.

Maximum Lessee Risk Amount means, as of any date, subject to the provisions -------------------------- of Article 30

Maximum Lessee Risk Amount means an amount calculated as set forth in Schedule G.