Examples of Replacement Amount in a sentence
If any part of the Deposit shall be applied or deducted as aforesaid, the Tenant shall within fourteen (14) days of demand by the Landlord furnish to the Landlord in cash or by way of a fresh bank guarantee an amount equivalent to the sum so applied and/or deducted from the Deposit ("Replacement Amount") Provided Always that the Tenant is to deposit with the Landlord the Replacement Amount in cash if no bank guarantee is issued for the Replacement Amount in fourteen (14) days.
Notwithstanding the foregoing, amounts paid to Mr. Casale that constitute Replacement Restricted Cash Compensation and RSU Replacement Amount (as those terms are defined in Mr. Casale’s Employment Agreement) shall not be included in Mr. Casale’s compensation when calculating Mr. Casale’s contribution credit.
At the Closing, Purchaser shall pay to the Estate the amount of $1,125,000 less: (i) any Cure Amounts paid or assumed by Purchaser, (ii) the amount of any Accounts Receivable Deficit pursuant to Section 2.5(b), (iii) the Errors and Omissions Prepayment Amount and (iv) the Replacement Amount (the “Purchase Price”).
If any part of the Deposit shall be applied or deducted as aforesaid, the Tenant shall within fourteen (14) days of demand by the Landlord furnish to the Landlord in cash or by way of a fresh bank guarantee an amount Exhibit 10.1 equivalent to the sum so applied and/or deducted from the Deposit ("Replacement Amount") Provided Always that the Tenant is to deposit with the Landlord the Replacement Amount in cash if no bank guarantee is issued for the Replacement Amount in fourteen (14) days.
For the avoidance of doubt, the Landlord shall be entitled to apply or deduct the Deposit or any part thereof for any breach under this Agreement up to three (3) months after the Lease Commencement Date and the Tenant shall remain obliged to furnish the Replacement Amount in the event of the Deposit being so applied or deducted by the Landlord.