Capital Reserve. For any period, the sum of the Data Center Properties Capital Reserve plus the Medical Properties Capital Reserve.
Capital Reserve. For any period and with respect to any improved Real Estate, an amount equal to $0.25 multiplied by the total square footage of the Buildings in such Real Estate. If the term Capital Reserve is used without reference to any specific Real Estate, then the amount shall be determined on an aggregate basis with respect to all Real Estate of the Borrowers and their Subsidiaries and a proportionate share of all Real Estate of all Unconsolidated Affiliates. The Capital Reserve shall be calculated based on the total square footage of the Buildings owned (or ground leased) at the end of each fiscal quarter, less the square footage of unoccupied space held for development or redevelopment.
Capital Reserve. As at any date of determination, a capital reserve equal to the weighted average of square feet of the Real Estate Assets during the applicable period, multiplied by $0.15 per annum. Capitalization Rate. The Capitalization Rate shall be 8.50%. Capitalized Leases. Leases under which the Borrower or any of its Subsidiaries or any Partially-Owned Entity is the lessee or obligor, the discounted future rental obligations under which are required to be capitalized on the balance sheet of the lessee or obligor in accordance with GAAP.
Capital Reserve. Commencing upon Substantial Completion of the Project, Tenant shall, on the first day of each month during the Term, make monthly deposits to a capital reserve fund (the “Maintenance Capital Reserve”) in an amount equal to $350.00/Residential Unit per annum, escalating each year by the increase in the Consumer Price Index for the year in question; provided, however, that the FCRHA (i) may agree in its sole discretion, upon the reasonable request of a Mortgagee in connection with its Mortgage, to a lesser Maintenance Capital Reserve amount and (ii) shall, upon the reasonable request of a Mortgagee in connection with its Mortgage, not require the Consumer Price Index escalator with respect to the Maintenance Capital Reserve Amount; provided, further, however, that the FCRHA shall have the right to reinstate the original Maintenance Capital Reserve amount as provided herein and the Consumer Price Index escalator upon the discharge of any such requesting Mortgagee’s Mortgage.
Capital Reserve. Maintain at all times a minimum Estimated Maintenance and Replacement Capital Expenditure Reserve (as defined in the Registration Statement in form F1 dated 12 November 2007 filed in respect of the Borrower under the US Securities act 1933) as the directors of the Borrower may from time to time approve or require.
Capital Reserve. On an annual basis, an amount equal to $0.25 per square foot. The Capital Reserve shall be calculated based on the total rentable square footage of the Buildings owned (or ground leased) at the end of each fiscal quarter, less the square footage of unoccupied space held for development or redevelopment.
Capital Reserve. Beginning on January 25, 1999, and continuing on the twenty-fifth (25th) day of each Loan Month thereafter, Borrower shall deposit with Lender on a monthly basis a reserve of not less than four percent (4%) of Gross Revenues for the preceding Accounting Period. So long as no Event of Default or Incipient Default (other than an Incipient Default which is susceptible to cure and as to which Borrower is diligently pursuing such cure) shall exist, Lender shall make said funds available to Borrower on the following terms and conditions: (i) all Capital Reserve funds released by Lender to Borrower shall be used to pay Borrower for the reasonable expenses actually incurred by Borrower for the acquisition, repair, or replacement of furniture, fixtures or equipment necessary for the management and operation of the Property (based on invoices furnished by Borrower) under an annual budget approved by Lender for said acquisitions, repairs and replacements; (ii) all requests by Borrower for a disbursement of Capital Reserve funds shall be in writing and shall not be made more frequently than once per Loan Month; (iii) each such request for a disbursement shall be in an amount of not less than $10,000.00; and (iv) Borrower shall provide Lender with invoices, contracts providing for progress payments or paid receipts covering the expenses for which Borrower seeks payment or reimbursement from the Capital Reserve funds. Prior to the disbursement of any Capital Reserve funds, Borrower shall also provide Lender with (i) evidence satisfactory to Lender that Borrower has accepted possession of said items and commenced using the same in the management and operation of the Property, or the applicable contract requires an advance payment prior to manufacture or delivery and (ii) paid receipts covering the expenses for which Capital Reserve funds were previously disbursed.
Capital Reserve. For any period and with respect to any improved portion of a Stabilized Property, an amount equal to $0.25 multiplied by the total raised square footage of the Buildings in such Real Estate. If the term Capital Reserve is used without reference to any specific Real Estate, then the amount shall be determined on a pro rata aggregate basis with respect to all Real Estate of the Borrower and its Subsidiaries and a proportionate share of all Real Estate of all Unconsolidated Affiliates of Parent Company. The Capital Reserve shall be calculated based on the total raised square footage of the Buildings owned (or ground leased) at the end of each fiscal quarter, less the total raised square footage of unoccupied space held for development or redevelopment. Capitalization Rate.
Capital Reserve. For any period and with respect to any Real Estate, an amount equal to $0.15 per annum multiplied by the weighted average total square footage of the Buildings in such Real Estate during such period.
Capital Reserve. For any period and with respect to any improved multifamily Real Estate, an amount equal to (i) $200 per apartment unit multiplied by (ii) a fraction, the numerator of which is the number of days in such period and the denominator of which is 365. For any period and with respect to any improved office Real Estate an amount equal to (i) $0.25 multiplied by (ii) the square footage of all office Real Estate multiplied by (iii) a fraction, the numerator of which is the number of days in such period and the denominator of which is 365. For any period and with respect to any improved Real Estate which is not multifamily or office Real Estate, an amount equal to (i) $0.15 multiplied by (ii) the square footage of any such Real Estate multiplied by (iii) a fraction, the numerator of which is the number of days in such period and the denominator of which is 365. If the term Capital Reserve is used without reference to any specific Real Estate, then the amount shall be determined on an aggregate basis with respect to all Real Estate of REIT and its Subsidiaries and a proportionate share of all Real Estate of all Unconsolidated Entities. Capitalization Rate. Six and three-quarters percent (6.75%).
