Capitalized Yield definition
Examples of Capitalized Yield in a sentence
The aggregate amount disbursed, including Capitalized Interest and Capitalized Yield, by each of the Participants hereunder shall not exceed the respective amounts of their Commitments.
With respect to any System as to which this Agreement shall be so terminated, (i) the Construction Period for such System shall automatically terminate, in which event the Equipment in such System shall become subject to the Lease pursuant to Section 2.1 and Section 2.2 thereof, and (ii) Lessor and the Participants shall not be obligated to make any further Advances (including any Advances in respect of Capitalized Interest or Capitalized Yield) with respect to such System.
In addition, on each Payment Date during any Construction Period, each Certificate Purchaser shall make a notation on the grid attached to such Certificate Purchaser's Certificate indicating the amount of Capitalized Yield on such Certificate Purchaser's Certificate during the Interest Period ending on such Payment Date (which Capitalized Yield shall thereby be added to the Certificate Purchaser Amount of such Certificate).
If, for any reason, the aggregate cost, including Capitalized Interest and Capitalized Yield on the Notes and Certificates, respectively, to complete construction of all the Systems exceeds the sum of the then available Commitments, then all such costs (including such Capitalized Interest and Capitalized Yield) in excess of the available Commitments shall be borne by Construction Agent from its own funds.
Each holder of a Certificate shall be entitled to receive the Yield on the Certificate Purchaser Amount set forth in its Certificate, which Yield, other than Capitalized Yield, shall be payable on each Payment Date, and to the return to it of such Certificate Purchaser Amount at the Stated Maturity thereof, in accordance with the terms of such Certificate and the Trust Agreement.