Asset Termination Value definition

Asset Termination Value means, as of any date of determination, an amount equal to the sum of the aggregate outstanding principal amount of the Advances, all accrued and unpaid interest and yield thereon, and all other amounts owing by the Lessee under the Operative Documents.

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Asset Termination Value means (i) collectively, when used with respect to the Property, the sum of the Existing Facility Asset Termination Value, the Tenant Improvements Asset Termination Value and the Expansion Improvements Asset Termination Value, (ii) when used with respect to the Existing Facility, the Existing Facility Asset Termination Value (iii) when used with respect to the Tenant Improvements, the Tenant Improvements Asset Termination Value and (iv) when used with respect to the Expansion Improvements, the Expansion Improvements Asset Termination Value.

Asset Termination Value means, as of any date of determination, an amount equal to (i) the sum of (A) the aggregate sum of the outstanding principal amount of the Notes (including all amounts capitalized under the terms of the Participation Agreement), (B) all accrued and unpaid interest on the Notes, (C) the aggregate sum of the Certificate Purchaser Amounts (including all amounts capitalized under the terms of the Participation Agreement), (D) all accrued and unpaid Certificate Yield on the Certificate Purchaser Amounts, and (E) all other amounts owing by the Lessee under the Operative Documents, less (ii) sum of all payments received by the Lessor, the Indenture Trustee or the Participants on account of payments to reduce Asset Termination Value, including reductions resulting from payments by the Lessor, the Lessee or the Guarantor, the proceeds from the sale of the Property and/or amounts realized from the Cash Collateral pursuant to the Cash Collateral Agreement.

Examples of Asset Termination Value in a sentence

The Net Foreclosure Proceeds of any sale of the Mortgaged Property or any portion thereof pursuant to this Subsection shall be applied to the Lessee Obligations (with an associated reduction in the Asset Termination Value) as of the date of the foreclosure sale.
The purchase price shall be equal to the Asset Termination Value plus all other amounts owing in respect of Rent (including Supplemental Rent) theretofore accruing (the "Purchase Option Price").
On such termination date (which shall then be the Expiration Date), the Lessee shall pay the Asset Termination Value (subject to Section 17.2(h)), all unpaid Basic Rent accrued through such date, all Supplemental Rent due and payable on or prior to such date and all other amounts payable by the Lessee on the Expiration Date pursuant to this Lease and the other Operative Documents.
On such termination date (which shall then be the Expiration Date), the Lessee shall pay the Asset Termination Value (subject to Section ------- 17.2(i)), all unpaid Basic Rent accrued through such date, all Supplemental Rent -------- due and payable on or prior to such date and all other amounts payable by the Lessee on the Expiration Date pursuant to this Lease and the other Operative Documents.
The purchase price in respect of the Property (the "Purchase Option Price") shall be equal to the Asset Termination Value plus in each case all other amounts owing in respect of Rent (including Supplemental Rent) theretofore accruing (offsetting against such amount the aggregate amount of the Cash Collateral, if any).
On the date such payment is made (the "Improvements -------- ------------ Prepayment Date"), the Participants' Commitments shall be further --------------- reduced automatically without any notice or other action by the Lessee, the Lessor or any Participant hereunder, to be equal to the then aggregate outstanding principal amount of the respective Participant's Participation Interests after giving effect to such payment of the Improvements Asset Termination Value on such Improvements Prepayment Date.
Upon the completion of any such subdivision, the Lessor shall allocate the Asset Termination Value among the Subdivided Parcels in accordance with the methodology set forth on Schedule V to the ----------------- Participation Agreement, which shall be the purchase price applicable to each ----------------------- Subdivided Parcel under this Section 20.5 (the "Partial Purchase Option Price").
The purchase price shall be equal to the Asset Termination Value plus all other amounts owing in respect of Rent (including Supplemental Rent) theretofore accruing (offsetting against such amount the aggregate amount of the Defeasance Deposit Collateral and Cash Collateral, if any) (the "Purchase Option Price").
Thereafter, on June 4, 2001, the Lessee shall pay to the Agent, on behalf of the Lessor, the aggregate outstanding amount of the Improvements Asset Termination Value as of such date (and the Agent shall distribute such payment to the Improvements Participants in accordance with Section 3.12(ii), as if such payment were a payment of --------------- the Improvements Asset Termination Value described in Section ------- 3.12(c)).
Such funds will be applied as provided in Section 3 of the Participation Agreement to the Lessee Obligations (with an associated reduction in the Asset Termination Value) and will be allocated as provided in Section 3 of the Participation Agreement.

More Definitions of Asset Termination Value

Asset Termination Value means, as of any date of determination, an amount ----------------------- equal to (i) the sum of (A) the outstanding Advances, (B) all accrued and unpaid interest on the Advances, and (C) all other amounts owing by the Lessee under the Operative Documents, less (ii) the sum of all payments received by the Lessor, the Agent or the Participants on account of payments to reduce Asset Termination Value, including reductions resulting from payments by the Lessor, the Lessee or the Guarantor and/or any payment of the Partial Purchase Option Price upon the exercise of a Partial Purchase Option and/or the proceeds from the sale of the Property and/or amounts realized from the Collateral pursuant to the Cash Collateral Agreement.

Asset Termination Value means, as of any date of determination, an amount equal to (i) the sum of (A) the outstanding Advances, (B) all accrued and unpaid interest on the Advances, and (C) all other amounts owing by the Lessee under the Operative Documents, less (ii) the sum of all payments received by the Lessor, the Agent or the Participants on account of payments to reduce Asset Termination Value, including reductions resulting from payments by the Lessor, the Lessee or the Guarantor and/or the proceeds from the sale of the Property and/or amounts realized from the Collateral pursuant to the Cash Collateral Agreement.