Examples of Qualified Payments in a sentence
However, any Remaining Proceeds not needed for such purpose shall be applied by Landlord as Qualified Payments after Tenant notifies Landlord that they are not needed for repairs, restoration or replacement.
Thus, for example, condemnation proceeds actually received by Landlord in the middle of a Base Rent Period will not be considered as having been received by Landlord for purposes of computing the total Qualified Payments unless and until actually applied by Landlord as a Qualified Payment on a subsequent Base Rent Date in accordance with Paragraph 4 below.
Following the Effective Time (as defined in the Merger Agreement), the Trust shall transfer to the Designated Settlement Fund all assets received by the grantor trust portion of the Trust that would constitute Qualified Payments (as defined in section 468B(d) of the Code) immediately following receipt of such assets.
Inappropriate Behavior that Would Interfere with Performing Professional DutiesAny student who engages in inappropriate behavior that would interfere with performing professional duties and could potentially threaten the well-being of clients, including violent behavior, behavioral indications of substance abuse, or having indicators of physical or psychiatric disorders shall not be admitted to field instruction.
Stipulated Loss Value" means at any time the amount equal to (1) the Initial Investment PLUS (2) the Outstanding Construction Allowance at such time, LESS (3) the aggregate amount (if any) of Qualified Payments paid to Landlord in excess of any Qualified Payments deducted in the computation of such Outstanding Construction Allowance.