Examples of Stipulated Loss Value Date in a sentence
Each date set forth on Schedule III of the Lease under the heading "Stipulated Loss Value Date." Supplemental Rent.
On the second Stipulated Loss Value Determination Date following completion of the Appraisal Procedure, the Lessee shall provide to the Lessor (i) notice of its irrevocable election to exercise its option to purchase the Undivided Interest specifying whether such option is being exercised pursuant to Section 6.1(e) or (f) and the applicable Stipulated Loss Value Date, or (ii) notice of its irrevocable election not to exercise such option.
Stipulated Loss Value as of any Stipulated Loss Value Date shall be ----- computed by multiplying the Purchase Price of the Property by the percentage set forth opposite the applicable Stipulated Loss Value Date on Schedule 2A hereto.
Stipulated Loss Values are calculated assuming that if a Stipulated Loss Value Date is also a Lease Period Date, only Basic Rent that is scheduled to be payable on such date and designated as "in arrears" shall be payable on such date.
If Tenant makes an offer to purchase pursuant to clause (i) above of this Section 12.1, and Landlord accepts such offer or is deemed to have accepted such offer within the ninety (90) day period referred to in the last sentence of clause (i) above, the conveyance shall occur, and Tenant shall pay to Landlord the SLV Amount on the applicable Stipulated Loss Value Date.