Acquisition Payment definition

Acquisition Payment means any payment by Landlord to acquire Leased Property.

Acquisition Payment means, with respect to any Removed Receivable acquired by the Issuer or the Servicer under this Agreement and as of the Remittance Date on which the "Acquisition Payment" must be made, the excess, if any, of (i) the product of the Original Note Balance and a fraction, the numerator of which is the Charged-Off Balance of such Receivable and the denominator of which is the Charged-Off Balance of all the Receivables over (ii) the product of the aggregate amount of all Net Proceeds collected, received or otherwise recovered on and after the Closing Date with respect to such Removed Receivable, and a factor equal to .80; in each case determined as of such Remittance Date.

Acquisition Payment means a payment on a Settlement Date to the Settlement Account of the amount required to be paid by way of cash consideration for the Accepted Shares to that Settlement Account on that Settlement Date.

Examples of Acquisition Payment in a sentence

• The fee payable to the Advisor pursuant to and in full satisfaction of Section 9(a) of the REIT II Advisory Agreement (the "Advisor Acquisition Payment"), which shall be the only fee payable to the Advisor in connection with the Merger (as defined in the Merger Agreement), shall be paid by REIT II to the Advisor on the Closing Date to the account of Advisor as set forth in Schedule I to this Agreement.

• Advisor and Company hereby agree that the REIT I Advisory Agreement shall be terminated, without any further liability or obligation on the part of any party thereto, effective as of the Merger Effective Time, subject to the last sentence of Section 1.4 and upon receipt by the Advisor of the Advisor Acquisition Payment payable pursuant to Section 1.3; provided, that, Articles 13, 15, 16 and 17 of the REIT I Advisory Agreement shall survive termination.

• In consideration of the acquisition of any such Receivables, on the Remittance Date immediately following the date on which such acquisition obligation arises, the Servicer shall remit the Acquisition Payment of such Receivables to the Collection Account in the manner specified in Section 4.03.

• If Landlord makes a Landlord Payment other than the initial Acquisition Payment, the Base Rent will be increased effective on the Payment Date based upon the applicable rate of return to Landlord as set forth in the Term Sheet.

• The Trust shall, no later than one (1) Business Day before the date upon which the Acquisition Payment is required to be paid pursuant to Article 3, pay to the Escrow Agent such amount, if any, as will be sufficient to allow the Escrow Agent to pay in full the Acquisition Payment as is required under the circumstances.

More Definitions of Acquisition Payment

Acquisition Payment means, with respect to any Removed Receivable acquired by the Issuer or the Servicer under this Agreement and as of the Remittance Date on which the "Acquisition Payment" must be made, the excess, if any, of (i) the product of the Original Note Balance and a fraction, the numerator of which is the Charged-Off Balance of such Receivable and the denominator of which is the Charged-Off Balance of all the Receivables over (ii) the product of the aggregate amount of all Net Proceeds collected, received or otherwise recovered on and after the Closing Date with respect to such Removed Receivable, and a factor equal to the difference between 100% and the Servicing Fee Percentage, in each case determined as of such Remittance Date.

Acquisition Payment has the meaning set out in Section 2.6;

Acquisition Payment means a payment of the amount of cash consideration (determined by reference to the cash consideration payable per Shares under the Offer in respect of Accepted Shares) required to be paid by or on behalf of the Company under the Offer on the Settlement Date relating to Accepted Shares.

Acquisition Payment means an amount per Subscription Receipt equal to the amount per Unit of any cash distributions for which record dates have occurred during the period from and including the date hereof to but excluding the date the Units are issued or deemed to be issued hereunder pursuant to the Subscription Receipts;

Acquisition Payment means an amount per Subscription Receipt equal to the amount per Unit of any cash distributions for which record dates have occurred during the period from and including July 22, 2005 to and including the date immediately preceding the date the Units are issued or deemed to be issued hereunder pursuant to the Subscription Receipts;

Acquisition Payment means R16,022,736 to be paid by the Company to Sorrel pursuant to the Sale Agreement in consideration of the acquisition of the Loan Account.

Acquisition Payment means any payment by Landlord to acquire Leased Property. The initial Acquisition Payment is reflected on Schedule 1 hereto.