Basic Term Buyout Amount definition
Basic Term Buyout Amount means the amount specified in Schedule III hereto.
Examples of Basic Term Buyout Amount in a sentence
The Fair Market Sales Value of Buyer’s Transponders as of the Redelivery date shall be deemed for this purpose to have equaled the Basic Term Buyout Amount (or Renewal Term Buyout Amount, if the Lease is renewed) if the Satellite and Buyer’s Transponders had been operated and maintained in accordance herewith and had not been subject to any taking by a Governmental Body.