Designated Net Sublease Profits definition

Designated Net Sublease Profits means, in respect of the Madison Avenue Sublease, commencing January 1, 2016, the positive amount in cash equal to the difference between (A) all cash payments actually received from the sublessee in a given annual period, less for each annual period (B) (1) all cash payments made to the landlord under the Madison Avenue Lease, (2) all payments made or designated for Bank of New York Mellon for its share of the Madison Avenue Sublease profits (paid quarterly) and (3) any out-of-pocket costs, Cure Amounts, Post-Petition

Related to Designated Net Sublease Profits

Project means specific activities of the Grantee that are supported by funds provided under this Contract.
Premises means the location where the Services are to be supplied, as set out in the Specification.
Site means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or operated by the debtor, including, but not limited to, disposal sites.
GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.
Fiscal Year means the fiscal year of the Company.
Licensee means a person licensed under this chapter.
Contractor means the individual or entity, that has entered into this contract with the Commonwealth.
Facility means the entire operation located on the property where the Equipment is located;
Interest Period means each period beginning on (and including) the Interest Commencement Date or any Interest Payment Date and ending on (but excluding) the next Interest Payment Date;
Subcontractor means any supplier, distributor, vendor, or firm that furnishes supplies or services to or for a prime contractor or another subcontractor.
Fair Market Value means, as of any date, the value of Common Stock determined as follows:
Operator means the operator of an electronic communications code network.
Work means the work of authorship, whether in Source or Object form, made available under the License, as indicated by a copyright notice that is included in or attached to the work (an example is provided in the Appendix below).
Relevant Period means the period from the passing of this resolution until whichever is the earliest of:
License means the terms and conditions for use, reproduction, and distribution as defined by Sections 1 through 9 of this document.
Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
Employer means the United Nations Development Programme (UNDP).
Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.
Municipality means a city, village, or township.
Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.
Confidential Information means any information disclosed by either party to the other party, either directly or indirectly, in writing, orally or by inspection of tangible objects (including, without limitation, documents, prototypes, samples, plant and equipment), which is designated as "Confidential," "Proprietary" or some similar designation. Information communicated orally shall be considered Confidential Information if such information is confirmed in writing as being Confidential Information within ten (10) Business Days after the initial disclosure. Confidential Information may also include information disclosed to a disclosing party by third parties. Confidential Information shall not, however, include any information which (i) was publicly known and made generally available in the public domain prior to the time of disclosure by the disclosing party; (ii) becomes publicly known and made generally available after disclosure by the disclosing party to the receiving party through no action or inaction of the receiving party; (iii) is already in the possession of the receiving party at the time of disclosure by the disclosing party as shown by the receiving party’s files and records immediately prior to the time of disclosure; (iv) is obtained by the receiving party from a third party without a breach of such third party’s obligations of confidentiality; (v) is independently developed by the receiving party without use of or reference to the disclosing party’s Confidential Information, as shown by documents and other competent evidence in the receiving party’s possession; or (vi) is required by law to be disclosed by the receiving party, provided that the receiving party gives the disclosing party prompt written notice of such requirement prior to such disclosure and assistance in obtaining an order protecting the information from public disclosure.
Resident means a student whose parents, legal guardians, persons having legal, lawful control of the student under order of a court, or persons standing in loco parentis reside in the school district.
Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.
Customer means and include the account debtor with respect to any Receivable and/or the prospective purchaser of goods, services or both with respect to any contract or contract right, and/or any party who enters into or proposes to enter into any contract or other arrangement with any Borrower, pursuant to which such Borrower is to deliver any personal property or perform any services.
Employee means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.
Effective Date means each date and time that the Registration Statement, any post-effective amendment or amendments thereto and any Rule 462(b) Registration Statement became or becomes effective.