Amortized Amount definition
Examples of Amortized Amount in a sentence
Tenant shall execute an amendment to this Lease or an acknowledgment of the Amortized Amount within fifteen (15) days after receipt of a written statement from Landlord, together with reasonable supporting documentation.
If this Note is subject to "Annual Redemption Percentage Increase," the amount of original issue discount allocable to such short accrual period is the Amortized Amount.
In the event Tenant exercises its option to amortize the cost of a portion of the Tenant Improvements in accordance with Section 5(e) of the Workletter, Tenant shall deposit with Landlord an amount equal to one-half (½) of the Amortized Amount (as defined in the Workletter) (the “Additional Security Deposit”), which Additional Security Deposit shall be deemed a part of the Security Deposit for all purposes under the Lease.
The Amortized Amount shall be determined in accordance with Schedule A.
Tenant shall notify Landlord in writing advising whether it desires Landlord to advance all or any portion of the Amortized Amount, which shall be disbursed in the same manner as the 2011 Allowance described in Section 4.1 above.