Reallocated Amount definition
Examples of Reallocated Amount in a sentence
Such amounts represent a reduction, however, in Developer Fees and Construction Management Fees otherwise owing under the provisions of Section 4.1 of the Development Agreement, in the total amount of [*] (the "Reallocated Amount").
If the Borrower does not so reimburse the L/C Issuer on the date necessary to settle the obligations of the L/C Issuer under any draft drawn or demand made under a Reallocated Letter of Credit issued for its L/C account, the Payment Agent shall promptly notify each Reallocated Facility Lender of the Honor Date, the Dollar Equivalent of the unreimbursed drawing (the "Unreimbursed Reallocated Amount"), and the amount of such Reallocated Facility Lender's Pro Rata Share thereof.
The Working Capital Commitments shall be permanently reduced by the amount of the Reallocated Amount and the Construction Loan Commitments shall be permanently increased by amount of the Reallocated Amount.
Section 6.5(c) of the Liquidating Trust Agreement shall be amended by adding the following to the end of the second last sentence of this provision: “(excluding the allocation and use of the Reallocated Amount, which shall be governed by Section 1.3)”.
The Reallocated Amount is agreed by the parties to be approved and included within the Budgeted Project Costs for the Commerce Tower Project Budget shown on Exhibit D-2 attached hereto.