Unfunded Obligations definition

Unfunded Obligations shall have the meaning set forth in Section 8.8 hereof.

Unfunded Obligations means the items described in Schedule D.

Unfunded Obligations shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of Unfunded Obligations in a sentence

• Provided no Event of Default then exists, Lender shall, following receipt of written request from Xxxxxxxx, disburse to Borrower the remaining Unfunded Obligations Reserve Funds (if any) relating to each Individual Property from the Unfunded Obligations Account upon completion of all Unfunded Obligations with respect to such Individual Property.

• In addition, whenever a Lease is terminated, whether by buy-out, cancellation, default, rejection or otherwise, and Borrower receives any payment, fee, damages or penalty in respect of such termination in excess of $2,000,000 in the aggregate (a “Termination Fee”), Borrower shall promptly cause such Termination Fee to be deposited into the Unfunded Obligations Account.

• Upon the occurrence and during the continuance of such an Event of Default, Lender, at its option, may withdraw the Unfunded Obligations Reserve Funds (if any) from the Unfunded Obligations Account and Lender may apply such funds either to the performance or satisfaction of the Unfunded Obligations or toward payment of the Debt in such order, proportion and priority as Lender may determine in its sole discretion.

• Xxxxxx’s right to withdraw and apply Unfunded Obligations Reserve Funds (if any) shall be in addition to all other rights and remedies provided to Lender under this Agreement and the other Loan Documents.

• From time to time, Lender (or its Servicer) shall instruct Cash Management Bank to disburse funds on deposit in the Unfunded Obligations Account for the purposes set forth in and in accordance with Section 7.5 of this Agreement.

More Definitions of Unfunded Obligations

Unfunded Obligations means, collectively, the unfunded obligations described on Schedule H attached hereto and made a part hereof.

Unfunded Obligations means at any time the obligations of the Borrower to the Issuing Bank in respect of undrawn amounts of Letters of Credit. Each Unfunded Obligation will be deemed to be in an amount equal to the undrawn amount of the relevant Letter of Credit.

Unfunded Obligations means the items described in Schedule C.

Unfunded Obligations means outstanding obligations of Borrower under a Lease, including any free rent period thereunder.

Unfunded Obligations means all obligations and liabilities (including, in each case, all principal, interest and any other amounts outstanding or owing with respect thereto) of any GMACCH Company, other than Parent Guaranteed Third Party Indebtedness set forth on Schedule 6.2(c).

Unfunded Obligations means the items described in Schedule D attached hereto. | NY\1631294.13 mle xx xxxx Loan Agreement||

Unfunded Obligations means the items described in Schedule D. “Unfunded Obligations Account” has the meaning set forth in Section 3.8(a). “Unfunded Obligations Amount” means $74,248,039.54. “Use” means, with respect to any Hazardous Substance, the generation, manufacture, processing, distribution, handling, possession, use, discharge, placement, treatment, disposal, disposition, removal, abatement, recycling or storage of such Hazardous Substance or transportation of such Hazardous Substance. “U.S. Person” means a United States person within the meaning of Section 7701(a)(30) of the Code. “U.S. Tax” means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof. “Waste” means any material abuse or destructive use (whether by action or inaction) of any Property. “Yield Maintenance Premium” means, with respect to any payment of principal on a Note or Note Component following an acceleration of the Loan, the product of: (A) a fraction whose numerator is the amount so paid and whose denominator is the outstanding principal balance of the Note or Note Component before giving effect to such payment, times (B) the amount by which (1) the sum of the respective present values, computed as of the date of prepayment, of the remaining scheduled payments of principal and interest with respect to the Note or Note Component through and including the first 31