Repair Amount definition

Repair Amount means all Liabilities to be paid or incurred by Buyer, Marcus or any of their respective Affiliates following the Closing to complete the remediation of all Outstanding Repairs that are not completed in full as of the Closing in accordance with Section 5.6.
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Repair Amount means all Liabilities to be paid or incurred by Buyer, Marcus or any of their respective Affiliates following the Closing to complete the remediation of all Outstanding Repairs that are not completed in full as of the Closing in accordance with Section 5.6 .
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Repair Amount means that amount necessary to ensure that the Over-collateralisation Tests are met together with a 5 per cent. cushion.
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Examples of Repair Amount in a sentence

  • Reason Code Text 2 BK Discharge/Dismissal Date Date/Time 8 Property Damage Date Date/Time 8 Property Repair Amount Currency 8 BK Hearing Date Date/Time 8 POC Date Date/Time 8 POC Amount Currency 8 BK Case Number Text 30 Maximum F/C Sale Amount Currency 8 Redemption Exp.

  • Unless required by applicable federal, state or local law or regulation, Tenant shall obtain the prior written consent of Landlord and Lender to any alteration (i) which would result in a diminution in the value of the Premises, (ii) the cost of which in the aggregate exceeds the Threshold Repair Amount or (iii) which is structural in nature, which consent to a structural alteration shall not be unreasonably withheld.

  • If Lender determines that Borrower has not spent the Repair Amount (by December 31, 2000), then beginning with the April, 2001, monthly payments due under the Loan, Borrower shall make monthly payments equal to the Amortizing Payments, and the Amortizing Payments shall continue until Lender determines that Borrower has spent the Repair Amount.

  • Borrower shall be required to spend, between January 1, 1999 and December 31, 2000, at least $2,400,000 (the "Repair Amount"), in the aggregate, on the repairs, capital improvements and replacements for the entire Portfolio as outlined on Exhibit F attached hereto and by this reference made a part hereof.

  • Borrower shall document the payment of the Repair Amount and the completion of the applicable repairs, capital improvements and replacements made by Borrower by furnishing to Lender, on or before March 1, 2001, annual financial statements (for the years 1999 and 2000) and certifications of the Borrower reflecting such expenditure and any other such written documentation as Lender shall reasonably require.

  • The Major Damage Election Notice shall be delivered by Purchaser to Seller within five (5) Business Days following the final determination of the Estimated Repair Amount pursuant to Section 11.2(b)(iii).

  • Xeason Code Text 2 BK Discxxxxx/Dismissal Date Date/Time 8 Property Damage Date Date/Time 8 Property Repair Amount Currency 8 BK Hearing Date Date/Time 8 POC Date Date/Time 8 POC Amount Currency 8 BK Case Number Text 30 Maximum F/C Sale Amount Currency 8 Redemption Exp.

  • Borrowers, Collateral Agent, and Lenders agree that, for the Fiscal Quarter, if any, in which the Expert Auto Repair Amount (as defined below) is recognized by Borrowers in their relevant financial statements, the Expert Auto Repair Amount shall be added back to all calculations of EBITDA.

  • For purposes of this Section, the "Expert Auto Repair Amount" is defined as the amount, which shall not exceed $1,000,000.00, which is utilized by Borrowers in connection with the settlement of that certain class action lawsuit styled "Expert Auto Repair, Inc.

  • Xxason Code Text 2 BK Dischxxxx/Xismissal Date Date/Time 8 Property Damage Date Date/Time 8 Property Repair Amount Currency 8 BK Hearing Date Date/Time 8 POC Date Date/Time 8 POC Amount Currency 8 BK Case Number Text 30 Maximum F/C Sale Amount Currency 8 Redemption Exp.


More Definitions of Repair Amount

Repair Amount has the meaning set forth in Section 5.16.
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Repair Amount means the Due Proportion in respect of each Relevant Repair Period;
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Repair Amount means, for the Stub Period and the First Lease Year, the sum of $200,000.00 and, for every Lease Year thereafter, the Repair Amount for the prior Lease Year, increased by one and one-half percent (1-1/2%).
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Repair Amount. MEANS ALL LIABILITIES TO BE PAID OR INCURRED BY BUYER, MARCUS OR ANY OF THEIR RESPECTIVE AFFILIATES FOLLOWING THE CLOSIcomplete the remediation of all Outstanding Repairs that are not completed in full as of the Closing in accordance with Section 5.6. “Repayment Amounts” has the meaning assigned to such term in the NCM Agreement.
Sample 1

Related to Repair Amount

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Floor Amount means the greatest pre-tax amount of Potential Parachute Payments that could be paid to Executive without causing Executive to become liable for any Excise Taxes in connection therewith; and

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Required Reserve Fund Amount With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds (ii) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. Provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of LIBOR Certificates has been reduced to zero, the Required Reserve Fund Amount shall be zero.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Required Reserve Amount means, with respect to any Payment Date, the lesser of (a) 0.25% of the difference of the Aggregate Starting Principal Balance less the Yield Supplement Overcollateralization Amount as of the applicable Cutoff Date of all Receivables transferred to the Trust and (b) the Outstanding Amount of the Notes.

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Maximum Collateral Amount The sum of the Principal Balance as of the Cut-off Date of the Initial Mortgage Loans and the Original Pre-Funded Amount.

  • Credit allowance date means with respect to any qualified equity investment:

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • Reserve Draw Amount shall have the meaning specified in subsection 4.12(c).

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.