Release Amounts definition
Examples of Release Amounts in a sentence
For the avoidance of doubt, in addition to the Release Amounts below, contractual operating expenses per the cash waterfalls shall also continue to be released in accordance with the current Financing Documents.
Release Dates Release Amounts1 Early December Release Date (December 21, 2018) USD 5.6 million Late December Release Date (December 31, 2018) USD 6.6 million January Release Date (January 31, 2019) USD 11.2 million February Release Date (February 28, 2019) USD 9.2 million 1 Release Amounts include total aggregate amounts for both A/L and Brava.
The Release Amount with respect to such Individual Property shall be reduced in an amount equal to the principal portion of such prepayment (provided, however, no reallocation of Release Amounts shall occur).
An amount equal to a pro rata amount (based on the relative Release Amounts) of the Replacement Reserve Fund, if a positive amount, shall be retained by Lender in the Replacement Reserve Account and credited toward the future Replacement Reserves Monthly Deposits required by Lender hereunder in the event an Individual Property is released from the Lien of its related Security Instrument in accordance with Section 2.5 of the Mortgage Loan Agreement and Section 2.5 hereof.
SDS is the safety data sheet that fulfills the Act on Confirmation, etc., of Release Amounts of Specific Chemical Substances in the Environment and Promotion of Improvements to the Management Thereof, Poisonous and Deleterious Substances Control Act and the Industrial Safety and Health Act.
Accordingly, Finance Facility Release Amounts shall be available on each Payment Date as part of Available Funds for such Payment Date.
An amount equal to a pro rata amount (based on the relative Release Amounts) of the Replacement Reserve Fund, if a positive amount, shall be retained by Lender in the Replacement Reserve Account and credited toward the future Replacement Reserve Monthly Deposits required by Lender solely with respect to clause (B) hereunder in the event the Released Collateral related to an Individual Property is released from the Lien of the Pledge Agreement in accordance with Section 2.5 hereof.
All Release Amounts received by Buyer in connection with each such early termination and repurchase shall be applied to reduce any other amounts due and payable to Buyer under this Agreement, as determined in Buyer’s sole discretion.
For clarity, the Lease Termination Payments made in connection with the BCBS Lease Modifications shall be applied pro rata to reduce the Release Amounts and the Mezzanine Release Amounts for the applicable Individual Properties.
If an Event of Default occurs and is continuing hereunder which is not specific to any Pledged Mortgage Loan, then as to all Pledged Mortgage Loans, at Lender’s request, Borrower shall, notwithstanding any other provision herein to the contrary and within five (5) Business Days of the date on which Lender notifies Borrower of such request, repay all outstanding Advances hereunder with respect to all Pledged Mortgage Loans by remitting an amount equal to the aggregate Release Amounts therefor to Lender.