Schedule Balance definition

Schedule Balance means, as of any determination date, the aggregate Purchase Price of all of the Units, MINUS all amounts of Fixed Rent (as defined in Paragraph F of the Appendix) actually paid to the date of determination and all Reduction Amounts actually paid to the date of determination in each case related to Units subject to such Schedule.
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Examples of Schedule Balance in a sentence

  • The appraiser's conclusion relating to the first day of the Renewal Term shall be used in calculating the "Recourse Deficiency Amount." In addition, if the appraisal concludes that the fair market value of such Units as of the termination date was in excess of the Proceeds from the sale of all Units subject to such Schedule, Lessee shall promptly pay to Lessor, such excess, which together with such Proceeds so paid to Lessor shall not exceed the Schedule Balance.

  • If Lessee exercises the Sale Option and the Proceeds from the sale of all Units subject to the applicable Schedule are less than the applicable Schedule Balance, Lessor, at its option, shall engage an appraiser of nationally recognized standing, at Lessee's expense, to determine (by appraisal methods satisfactory to Lessor) the fair market value of the Units that were subject to the Schedule as of (a) the first day of the Renewal Term in which the Sale Option was elected, and (b) the termination date.

  • If the Proceeds exceed the Schedule Balance for such Schedule together with all other amounts owed by Lessee under the Lease but do not exceed the Lease Balance, the excess will be retained by Lessor to secure the remaining obligations of Lessee under the Lease.

  • These fees, disclosed in the Fee Schedule (Balance Inquiry via Automated Phone Service (IVRU), Balance Inquiry via Live Customer Service Agent, Paper Statement Reprints), will be deducted from your Skylight Account balance, not your Savings Account balance.

  • The Company and Holder hereby agree that as of June 15, 2005, the outstanding principal balance of the Notes and interest accrued is set forth on the attached Schedule ("Balance").

  • An employee who transferred from full-time to part-time work may request to return to full-time employment.

  • Simultaneously with a sale pursuant to the Sale Option, Lessee shall pay to Lessor, from the gross proceeds of sale of Units subject to such Schedule, without deductions or expense reimbursements (the "PROCEEDS"), the Schedule Balance with respect to such Schedule as of the termination date (as determined after any payment of Rent on such date).

  • On each Payment Date during the Base Term, Lessee shall pay to Lessor Base Rent under each Schedule consisting of the amount of Fixed Rent set forth opposite the applicable Payment Date on Annex II to each such Schedule and Variable Rent accrued on the Schedule Balance of each such Schedule during the Rent Period ending on such Payment Date.

  • The Delivery Date, the Base Date, the Applicable Percentage and the Schedule Balance as of each Payment Date, assuming the payment of all scheduled installments of Fixed Rent hereunder through such Payment Date, are set forth, respectively, in the appropriate portions of Annex II hereto.

  • Simultaneously with a sale pursuant to the Sale Option, Lessee shall pay to Lessor, from the gross proceeds of sale of Units subject to such Schedule, without deductions or expense reimbursements (the "Proceeds"), the Schedule Balance with respect to such Schedule as of the termination date (as determined after any payment of Rent on such date).