Examples of Estimated Expense Amount in a sentence
Immediately prior to the Closing Date, the Target Companies shall pay to the Holder Representative by wire transfer of immediately available funds in an amount equal to the Estimated Expense Amount.
Parent has, pursuant to a legally binding commitment letter (the "Commitment Letter") (a true and correct copy of which has been provided to the Target Companies), sufficient cash on hand or available to it to pay the Cash Merger Consideration, the Estimated Expense Amount and the fees and expenses incurred by Parent and its subsidiaries in connection with the Mergers and to repay the Closing Debt.
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.16% of the Purchase Price (the "Estimated Expense Amount").
Until an Estimate Statement is furnished for any Expense Year (which Landlord shall have the right to deliver to Tenant at any time), Tenant shall pay monthly, with the monthly Base Rent installments, an amount equal to one-twelfth (1/12) of the total Estimated Expense Amount set forth in the previous Estimate Statement delivered by Landlord to Tenant.
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph and Section 10.01 of the Original Participation Agreement is 1.33% of the Purchase Price (the "Estimated Expense Amount").
If the amount of the expenses paid by the Owner Participant is less than the Estimated Expense Amount, the Owner Participant shall pay all costs, fees and expenses of the Owner Trustee in connection with the administration of the Trust Estate until such time as the amount paid by the Owner Participant pursuant to the preceding paragraph and the costs, fees and expenses of the Owner Trustee paid by the Owner Participant equals the Estimated Expense Amount.
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.15% of the Purchase Price (the "Estimated Expense Amount").
The failure of Landlord to timely furnish the Estimate Statement for any Expense Year shall not preclude Landlord from enforcing its rights to collect any Estimated Expense Amount under this Exhibit B, nor shall Landlord be prohibited from revising any Estimate Statement or Estimated Expense Amount theretofore delivered to the extent necessary.
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the indicative percentages for Basic Rent, Stipulated Loss Value and Termination Value and the indicative EBO Price to be set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 2.9% of the Purchase Price (the "Estimated Expense Amount").
The Owner Participant, the Owner Trustee and the Lessee acknowledge that the percentages for Interim Rent, Basic Rent, Stipulated Loss Value and Termination Value set forth in the Lease have been prepared assuming the aggregate amount payable by the Owner Participant pursuant to the preceding paragraph is 1.31% of the Purchase Price (the "Estimated Expense Amount").