Common use of STIPULATED LOSS VALUE Clause in Contracts

STIPULATED LOSS VALUE. As of any Stipulated Loss Value Determination Date during the Basic Term, the amount determined by multiplying the Purchase Price by the percentage set forth in Schedule III of the Lease under the heading "Stipulated Loss Value Factor" opposite such date (as such Schedule III may be adjusted from time to time as provided in Section 3.04 of the Lease), and during any Renewal Term, the amount determined pursuant to Section 4.01(b)

Appears in 41 contracts

Samples: Indenture and Security Agreement (Federal Express Corp), Consent and Agreement (Federal Express Corp), Lease Agreement (Federal Express Corp)

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STIPULATED LOSS VALUE. As of any Stipulated Loss Value Determination Date during the Basic Term, the amount determined by multiplying the Purchase Price by the percentage set forth in Schedule III of the Lease under the heading "Stipulated Loss Value Factor" opposite such date (as such Schedule III may be adjusted from time to time as provided in Section 3.04 of the Lease), and during any Renewal Term, the amount determined pursuant to Section 4.01(b)

Appears in 4 contracts

Samples: Lease Agreement (Federal Express Corp), Trust Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp)

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