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 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.
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Repair Amount has the meaning set forth in Section 5.16.
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Examples of Repair Amount in a sentence

  • The Current Repair Amount, also known as Condition Needs, represents the budgeted contractor installed costs plus owner's soft costs for the repair, replacement or renewal for a component or system level deficiency.

  • For example, the Housing Assistance Program Data–Owners dataset includes a Repair/Replace Amount data field that provides the “[t]otal amount of Repair and/or Replacement approved in dollars for Housing Assistance (HA) under FEMA’s IHP program (note that renters are not eligible for this type of assistance because they do not own the structure).” For the IHP Valid Registrations dataset, however, the Repair Amount and Replacement Amount are separate data fields.

  • The Contract shall remain in full force and effect if, within five (5) days of Purchaser’s receipt of Seller’s notice of termination, Purchaser elects, in writing, to pay the cost of the Required Repairs which exceeds the Repair Amount.

  • Asphalt RepairUnit ofMeasurePriceAsphalt Repair: 0”-2” (2” lift - Surface Course – S9.5B)The basis of award for this project will be based on the Total Asphalt Repair Amount listed in section A, including Mobilization.

  • The Contract shall remain in full force and effect if, within five (5) days of Buyer’s receipt of Seller’s notice of termination, Buyer elects, in writing, to pay the difference between the cost of the Required Repairs and the Repair Amount listed above.

  • In the words of a local Amal representative: “When we say the state, we mean our people in the organizations of the state.

  • From: Account Number: 830.5452.5010Account Description: Vehicle Contract Repair Amount: $12,000.00 To: Account Number: 8130.5472.5010Account Description: Consultant Fee Amount: $12,000.00 Motion made by Councilman LoBiondo to approve Budget Transfer Vehicle Repair as presented.

  • The Sorting Line Major Repair Amount shall be adjusted annually by CPI on the Commencement Date Anniversary as described in Section 4.2 above (“CPI-Adjusted Threshold”).

  • The Bay 6 Major Repair Amount shall be adjusted annually by CPI on the Commencement Date Anniversary as described in Section 4.2 above (“CPI-Adjusted Threshold”).

  • Acko’s liability is only for the cost of repair of the electronic product and related labour, component and conveyance costs, which shall at all times, be limited to the Maximum Repair Amount which will be communicated to you by Acko.


More Definitions of Repair Amount

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 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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Repair Amount means the Due Proportion in respect of each Relevant Repair Period;
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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.

  • 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) 12.5% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the most recent 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, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103 % of the Fronting Exposure of all LC Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the LC Issuing Banks 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, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Reserve Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Reserve Account made or to be made with respect to such date) and (b) the Required Reserve Account Amount, in each case on such Transfer Date.

  • 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.