Additional Excess definition
Examples of Additional Excess in a sentence
Notwithstanding any other provision of ------------------------- this Charter Party, the Charterer shall not be liable to Owner for any claim for loss of profits, for any reduction in the amount of Excess Hire or Additional Excess Hire payable in accordance with Article 3, or for any other consequential damages by reason of any failure of the Charterer to comply with the provisions of this Charter Party, including Articles 11, 12 and 13.
The payment and acceptance of any Additional Excess Leverage Fee shall not constitute a waiver of any Default or Event of Default.
For the avoidance of doubt, for any fiscal quarter for which both the Additional Excess Leverage Fee and the Acquisition Excess Leverage Fee would be payable, the Company shall pay an Excess Leverage Fee at a rate per annum equal to the greater of the applicable Additional Excess Leverage Fee and the applicable Acquisition Excess Leverage Fee and no Excess Leverage Fee shall exceed a rate per annum of 1.50%.
If the cost of Tenant’s substitutions causes the cost of the Improvements to exceed the Contribution, the Tenant shall be responsible for such difference in cost as part of the Additional Excess Costs.
The Initial Excess Proceeds, the Warrant Proceeds and the Additional Excess Proceeds, if any, shall be held in escrow by the Escrow Agent, in an interest bearing account or other investments permitted by Section 3(j) (the "Escrow Account"), in accordance with the terms and provisions of this Agreement.
Notwithstanding the foregoing, the Additional Excess Proceeds shall only be used by the Company to make Intercompany Loans to HE and/or to RPG for the expansion and renovation of, and construction of additional facilities in connection with, the Horseshoe Bossier City Casino and/or the Horseshoe Tunica Casino, respectively.
PVID, CVWD, and Needles hereby forbear any right to delivery ofany Additional Excess EC ICS that is delivered to or created by MWD or 11D in accordance with this Amendment.
Term Defined in Section ---- ------------------ "Additional Excess Cash Flow"...................................
Employee hereby acknowledges that the geographic boundaries, scope of prohibited activities and the time duration of the provisions of this Section 11 are reasonable and are no broader than are necessary to protect the legitimate business interests of the Company, given the unique and worldwide nature of the Internet and electronic commerce.
Additional Excess If damage occurs within 30 days of inception of this Agreement an additional excess of R600 (Incl.