Accelerated Floor definition

Accelerated Floor has the meaning provided in Section 2.6(d).
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Accelerated Floor means for each Class of Shares the Accelerated Discount Factor multiplied by the Protected Amount Per Share for each Class of Shares.
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Accelerated Floor means for each Class of Shares the aggregate across all future Payment Dates of the Accelerated Discount Factor for each such Payment Date multiplied by the Protected Amount Per Share for each such Payment Date.
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Examples of Accelerated Floor in a sentence

  • An "Accelerated Floor" shall mean each entire floor in the Building that Landlord delivers to Tenant prior to the Target Completion Date (i) in a condition whereby the improvements comprising Landlord's Work on such floor can be used for their intended purposes (as evidenced by a certificate of substantial completion delivered to Tenant by the project architect) or (ii) in a condition whereby the Tenant's Work can be commenced therein and where Tenant does, in fact, commence Tenant's Work on such floor.

  • The Tenant Improvement Allowance ----------------------------- shall be reduced by Seventeen Thousand Five Hundred Dollars ($17,500) per week for each "Accelerated Floor" delivered to Tenant, from the delivery of the floor until the Target Completion Date.


More Definitions of Accelerated Floor

Accelerated Floor means each entire floor in the Building that Landlord delivers to Tenant prior to the Target Completion Date (i) in a condition whereby the improvements comprising Landlord's Work on such floor can be used for their intended purposes (as evidenced by a certificate of substantial completion delivered to Tenant by the project architect) or (ii) in a condition whereby the Tenant's Work can be commenced therein and where Tenant does, in fact, commence Tenant's Work on such floor. Upon completion of Tenant's Work on a floor, Tenant may occupy such floor for the uses allowed herein once a certificate of occupancy is obtained for such floor. In no event shall the Tenant Improvement Allowance be reduced more than One Hundred Fifty Thousand Dollars ($150,000) in the aggregate for early delivery of the Building's floors. Landlord shall furnish Tenant with notice that Landlord will deliver a certificate from its architect at least forty-eight (48) hours prior to the delivery of the certificate.
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Related to Accelerated Floor

  • SOFR Floor means a rate of interest per annum equal to zero basis points (0.00%).

  • Ground floor means a floor of a building with a building entrance on an accessible route. A building may have more than one ground floor.

  • OC Floor An amount equal to 0.50% of the Pool Balance as of the Cut-Off Date.

  • Lowest floor means the lowest floor of the lowest enclosed area (including basement). An unfinished or flood resistant enclosure, usable solely for parking of vehicles, building access, or limited storage in an area other than a basement area is not considered a building's lowest floor, provided that such an enclosure is not built so as to render the structure in violation of the applicable non-elevation design requirements of this ordinance.

  • Wood floor wax means wax-based products for use solely on wood floors.