GUARANTEED RESIDUAL VALUE Sample Clauses

GUARANTEED RESIDUAL VALUE. Guaranteed Residual Value" shall mean that amount necessary to cause the present value of the aggregate Minimum Lease Payments under this Lease, including the present value of the Guaranteed Residual Value, to not exceed eighty nine and 9/10 percent (89.9%) of the Funded Amount, computed at the Date of Lease and discounted to present value as of the Rent Commencement Date using the interest rate implicit in the Lease or the incremental borrowing rate, whichever is higher, all as calculated and determined pursuant to Statement of Financial Accounting Standards Number 13. "Minimum Lease Payments" shall mean the sum of the aggregate Base Rent payable over the Initial Term and the Extension Term, plus imputed interest on the non-interest bearing portion of the Security Deposit imputed at a market rate of interest for an investment for a similar term, plus the Guaranteed Residual Value, plus the following to the extent paid in cash: custodial and other fees paid by Tenant, and any other reimbursed costs of Landlord paid by Tenant deemed to meet the definition of Minimum Lease Payments under SFAS No. 13.
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GUARANTEED RESIDUAL VALUE. The Guaranteed Residual Value, as defined in the Lease, shall be changed to 78.6360877%.
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GUARANTEED RESIDUAL VALUE. 8 2.28 Improvements......................................... 8 2.30
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GUARANTEED RESIDUAL VALUE. Guaranteed Residual Value" shall mean the maximum amount, the present value of which, when added to the present value of the Tenant's other minimum lease payments under this Lease, both discounted to the Improvements Commencement Date using the appropriate discount rate, creates a sum which approximately equals but does not exceed eighty-nine and nine/tenths percent (89.9%) of the Lease Investment Balance at such date. These calculations will be performed in accordance with the provisions of Statement of Financial Accounting Standards Number 13.
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GUARANTEED RESIDUAL VALUE. “Guaranteed Residual Value” shall mean an amount which is indicated on each Lease Supplement as of the Date of Lease.
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Related to GUARANTEED RESIDUAL VALUE

  • Prior Payment of Guaranteed Obligations In any proceeding under any Bankruptcy Law relating to any other Loan Party, each Guarantor agrees that the Secured Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) before such Guarantor receives payment of any Subordinated Obligations.

  • Definition of Guaranteed Obligations As used herein, the term “Guaranteed Obligations” means:

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Guaranteed Indebtedness No Credit Party shall create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Credit Party, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Credit Party if the primary obligation is expressly permitted by this Agreement.

  • Guaranteed Maximum Price The anticipated Guaranteed Maximum Price for the Project at the time this Agreement is executed is: Forty Six Million, Twenty Nine Thousand Dollars ($46,029,000)

  • Guaranteed Obligations Not Reduced by Offset The Guaranteed Obligations and the liabilities and obligations of Guarantor to Lender hereunder, shall not be reduced, discharged or released because or by reason of any existing or future offset, claim or defense of Borrower, or any other party, against Lender or against payment of the Guaranteed Obligations, whether such offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.

  • Guaranteed Payments To the extent any compensation paid to any Member by the Company, including any fees payable to any Member pursuant to Section 5.3 hereof, is determined by the Internal Revenue Service not to be a guaranteed payment under Code Section 707(c) or is not paid to the Member other than in the Person’s capacity as a Member within the meaning of Code Section 707(a), the Member shall be specially allocated gross income of the Company in an amount equal to the amount of that compensation, and the Member’s Capital Account shall be adjusted to reflect the payment of that compensation.

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Four Million, Six Hundred Thirteen Thousand, Two Hundred Ninety-Three Dollars and Fifty Cents ($4,613,293.50) for the identified Sub-Project.

  • Limitation on Guaranteed Obligations (a) Notwithstanding any provision herein contained to the contrary, each Guarantor’s liability hereunder shall be limited to an amount not to exceed as of any date of determination the greater of:

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