Property Balance definition

Property Balance means, with respect to any Property, an amount equal to the outstanding principal or analogous amount of the Loans and Lessor Amounts relating to such Property, plus all accrued and unpaid interest and Yield thereon, plus any Supplemental Rent related to such Property or allocable to such Property plus any other amounts due and owing to the Participants and the Administrative Agent with respect to such Property or allocable to such Property.

Property Balance means, as of any date of determination, an amount equal to the sum of the Loan Balance for the Property as of such date, plus the Equity Balance for the Property as of such date plus any Supplemental Rent (including Break Costs) then due and owing.

Property Balance means the sum of (a) the Property Cost and (b) any other amounts due and owing by the Lessee under the Operative Documents (including all Contingent Payments then due and owing).

Examples of Property Balance in a sentence

• Except in conjunction with a payment by a Lessee or the Construction Agent of the Lease Balance, a Construction Failure Payment or a Leased Property Balance pursuant to the terms of the Lease or the Construction Agency Agreement, the Lessor shall have no right to prepay the Loans.

• For and in consideration of good and valuable consideration paid by the Lessee to the Lessor as described in the Master Lease, the Lessor hereby grants to the Lessee the right to purchase the Subject Property during the Lease Term of this Lease Supplement on the terms and subject to the conditions (including, without limitation, payment of the Property Balance thereof) set forth in Section 18.1 of the Master Lease and Section 15.14 of the Participation Agreement.

• Upon the purchase by Lessee of Lessor's interest in a Leased Property upon the exercise of a Partial Purchase Option, the purchase price for such Leased Property shall be an amount equal to the Leased Property Balance for such Leased Property as of the closing date for such purchase, plus any amount due pursuant to Section 7.5(f) of the Master Agreement as a result of such purchase.

• Upon the purchase by a Lessee of Lessor's interest in a Leased Property upon the exercise of a Partial Purchase Option, the purchase price for such Leased Property shall be an amount equal to the Leased Property Balance for such Leased Property as of the closing date for such purchase, plus any amount due pursuant to Section 7.5(f) of the Master Agreement as the result of such purchase.

• For and in consideration of good and valuable consideration paid by the Lessee to the Lessor as described in the Master Lease, the Lessor hereby grants to the Lessee the right to purchase the Subject Property during the Lease Term of this Lease Supplement on the terms and subject to the conditions (including, without limitation, payment of the Property Balance thereof) set forth in Section 18.1 of the Master Lease.

More Definitions of Property Balance

Property Balance means, with respect to any Property, an amount equal to the outstanding principal amount of the Loans and Equity Amounts related to such Property, and all accrued and unpaid interest and Equity Yield thereon, and any Supplemental Rent related thereto.

Property Balance means, with respect to the Property, as of any date of ---------------- determination, an amount equal to (i) the sum of the outstanding amount of the Advances, all accrued and unpaid interest and Yield on the Advances, and all other amounts owing by the Lessee under the Operative Documents, less (ii) the sum of all payments received by the Lessor, the Agent or the Participant on account of payments to reduce the Property Balance, including reductions resulting from payments by the Lessor, the Lessee and the Guarantor and/or proceeds from the sale of the Property and/or amounts realized from the Collateral pursuant to the Cash Collateral Agreement.

Property Balance means, with respect to the Property, as of any date of termination, an amount equal to (i) the sum of the Tranche A Loan Balance, the Tranche B Loan Balance, the Equity Balance and all other amounts owing by the lessee to the Lessor under the Operative Documents, including without limitation, accrued and unpaid Basic Rent and Supplemental Rent, if any, less (ii) the sum of all payments received by the Lessor on account of payments to reduce the Tranche A Loan Balance, the Tranche B Loan Balance and the Equity Balance, including reductions resulting from payments by the Lessee, proceeds from the sale of the Property and/or amounts realized from the collateral pledge pursuant to the Cash Collateral Agreement.

Property Balance means, with respect to the Property, an amount equal to the outstanding amount of the Advances and all accrued and unpaid interest thereon.

Property Balance means, with respect to any Property, the sum of (i) the Property Balance (Land) and (ii) the Property Balance (Improvements).

Property Balance means, with respect to the Property, as of any date of termination, an amount equal to (i) the sum of the Tranche A Loan Balance, the Tranche B Loan Balance, the Equity Balance and all other amounts owing by the lessee to the Lessor under the Operative Documents, including without limitation, accrued and unpaid Basic Rent and Supplemental Rent, if any, less

Property Balance means, as of any date of determination, with respect to the Property, an amount equal to (i) the sum of (A) the aggregate sum of the outstanding principal amount of the Notes (including all amounts capitalized under the terms of the Participation Agreement), (B) all accrued and unpaid interest on the Notes, (C) the aggregate sum of the Certificate Purchaser Amounts (including all amounts capitalized under the terms of the Participation Agreement), (D) all accrued and unpaid Certificate Yield on the Certificate Purchaser Amounts, and (E) all other amounts owing by the Lessee under the Operative Documents, less (ii) sum of all payments received by the Lessor, the Indenture Trustee or the Participants on account of payments to reduce Asset Termination Value, including reductions resulting from payments by the Lessor, the Lessee or the Guarantor, the proceeds from the sale of the Property and/or amounts realized from the Cash Collateral pursuant to the Cash Collateral Agreement.