Common use of Funded Amount Clause in Contracts

Funded Amount. Funded Amount" shall mean the aggregate amount of the sum paid by Landlord to acquire the Land, plus the closing costs and fees set forth on Exhibit D attached hereto; less any reductions in the amount of the UBS Loan or any other Authorized Loan or in the Equity Funded Amount, whether such principal reduction or reduction in the Equity Funded Amount is accomplished by payment to UBS or the holder of an Authorized Loan, the application of the Collateral or other collateral by UBS or the holder of an Authorized Loan, the payment of insurance proceeds, condemnation awards, or otherwise.