Defeasance Payment Amount definition

Defeasance Payment Amount means the amount which, when added to the remaining principal amount of the Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments.
Defeasance Payment Amount means the amount (if any) which, when added to the remaining principal amount of the Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments.
Defeasance Payment Amount means the amount (if any) which, when added to the remaining aggregate outstanding principal amount of the Term Loans, will be sufficient to purchase U.S. treasury securities providing the required Scheduled Defeasance Payments.

More Definitions of Defeasance Payment Amount

Defeasance Payment Amount means the amount which, when added to the remaining principal amount of the Note, will be sufficient to purchase
Defeasance Payment Amount means, for purposes of the Mortgage Loan Documents, the amount which, when added to the remaining principal amount of the Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments.

Related to Defeasance Payment Amount

  • Scheduled Defeasance Payments shall have the meaning set forth in Section 2.4.1(b) hereof.

  • Defeasance Period is defined in the Note, if applicable.

  • Defeasance Deposit means an amount equal to 100% of the remaining principal amount of this Note, the Yield Maintenance Premium, any costs and expenses incurred or to be incurred in the purchase of the U.S. Obligations necessary to meet the Scheduled Defeasance Payments and any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the transfer of this Note or otherwise required to accomplish the agreements of this subsection;

  • Defeasance Date shall have the meaning set forth in Section 2.4.1(a)(i) hereof.

  • Defeasance Event shall have the meaning set forth in Section 2.5.1(a).