Current TCF definition
Examples of Current TCF in a sentence
To the extent that the amount of the total Reconciled TCF is less than the Current TCF for all of the Assets acquired by Purchaser pursuant to the terms of this Agreement, Sellers shall pay Purchaser the amount equal to the difference between (a) the product of (x) such difference between the amount of the total Reconciled TCF and the Current TCF and (y) the Applicable Multiple and (b) the amount of New Tenant Lease Amount.
In the event that Purchaser makes the foregoing election to enter into the Management Agreement with respect to the Assets related to a Designated Property, such Assets shall constitute Managed Assets hereunder upon entering into the Management Agreement, there shall be no adjustment to Current TCF with respect to the Payment Default related thereto, and shall not be removed from Schedule 5.1(f)(1)(A).
Such reconciliation shall determine the difference between (1) the product of (A) the Multiple, and (B) the Current TCF for all Assets conveyed to Purchaser or under management pursuant to the Management Agreement (on an Asset by Asset basis), and (2) the actual TCF Product paid by Purchaser for all Assets conveyed to Purchaser or under management pursuant to the Management Agreement.