Holdover Amount definition

Holdover Amount means, as of any date, the aggregate of any Covered Shares that Stockholder was permitted to Transfer in accordance with the provisions of this Section in any completed Transfer Period that were not so Transferred, including shares not so Transferred by reason of a prior cutback in accordance with Section 2.2.

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Holdover Amount means, as of any date, the aggregate of any shares of Common Stock that the Covered Person was permitted to Transfer in accordance with the provisions of this Letter Agreement in any completed Transfer Period that were not so Transferred.

Holdover Amount means (y) any amounts previously returned for cancellation to the Surviving Corporation including, without limitation, such amounts returned pursuant to Section 1.7 of this Agreement and (z) any additional amount which, in the reasonable judgment of BackWeb Parent, subject to the objection of the Agent and subsequent arbitration of the matter in the manner provided in Section 7.2(e) hereof, is necessary to satisfy any unsatisfied claims specified in any Officer's Certificate delivered to the Escrow Agent prior to the applicable Escrow Release Date (which amount shall remain in the Escrow Fund until such claims have been resolved). If any Holdover Amount shall exist on the Second Escrow Release Date, such Holdover Amount shall cause the Escrow Fund to remain in existence until such claims have been resolved.

Examples of Holdover Amount in a sentence

Any such Holdover Amount to which Tenant is entitled shall be applied as an offset to Base Rent due under this Lease.
On each Distribution Date, the Class A-2 Holdover Amount, if any, for such Distribution Date will be retained in the Certificate Account.
On the Second Escrow Release Date, a portion of the Escrow Fund shall be released from escrow to the Holders in Escrow as reasonably practicable in proportion to their respective Proportionate Escrow Interest in an amount equal to the entire Escrow Amount then remaining in the Escrow Fund less any Holdover Amount.
Such Holdover Amount shall not include the regular (non-premium) rental amount under Tenant’s existing sublease space (the “Sublease Base Rent”) and Landlord shall have no liability for such amount (and if Tenant is in other temporary space instead of the existing sublease space, such Holdover Amount shall not include the amount equal to the Sublease Base Rent for any period Tenant is in such temporary space).
In no event shall Landlord’s total liability for the Holdover Amount as set forth in Paragraph 2.4(e) above plus any rental abatement amounts realized by Tenant as set forth in Paragraph 2.4 exceed $3,000,000.
Any amounts on deposit in the Certificate Account representing the Class A-2 Holdover Amount, shall only be applied to payments of principal on the Class A-2 Certificates until the Certificate Balance of the Class A-2 Certificates has been reduced to zero.
The First Escrow Release Date and the Second Escrow Release Date are referred to herein collectively as the "Escrow Release Dates." On the First Escrow Release Date, a portion of the Escrow Fund shall be released from escrow to the Holders in Escrow as reasonably practicable in proportion to their respective Proportionate Escrow Interest in an amount equal to one half of the entire Escrow Amount, less any Holdover Amount (as defined below).
As soon as all claims relating to a Holdover Amount have been resolved, the Escrow Agent shall deliver to the appropriate Holders in Escrow the remaining portion of the Escrow Fund not required to satisfy such claims and the Escrow Fund shall be terminated.
If any Holdover Amount shall exist on the Second Escrow Release Date, such Holdover Amount shall cause the Escrow Fund to remain in existence until such claims have been resolved.
The acceptance by Landlord of any Holdover Amount by Tenant pursuant to this subsection shall in no event preclude Landlord from commencing and prosecuting a holdover or summary eviction proceeding, and the provisions of this Section shall be deemed be an “agreement expressly providing otherwise” within the meaning of Section 232-c of the Real Property Law of the State of New York and any successor or similar law of like import.

More Definitions of Holdover Amount

Holdover Amount as defined in Section 21.2(a).

Holdover Amount means (i) the difference between (A) the monthly base rental rate (on a per rentable square foot basis) paid by Tenant to its landlord for the use of the Current Space after February 1, 2006 and (B) the monthly base rental rate (on a per rentable square foot basis) paid by Tenant to its landlord for the use of the Current Space immediately prior to the scheduled expiration date of Tenant's lease of the Current Space, multiplied by (ii) the number of rentable square feet of the Current Space. If the Commencement Date has not occurred on or before June 1, 2006, then Tenant may terminate this Lease by giving ten (10) days' prior written notice to Landlord of such intent to terminate, and if the Commencement Date has not occurred on or before the expiration of such ten (10) day period, this Lease shall terminate, and Tenant shall retain a claim against Landlord for damages constituting Tenant's actual costs incurred in connection with this Lease and/or as a result of Landlord's failure to achieve Substantial Completion by June 1, 2006, (Landlord shall not in any event be liable for lost revenues, profits, or business opportunities, or incidental or consequential damages of any kind). Notwithstanding the foregoing, the February 1 and the June 1 dates in this Section 4(c) shall be extended on a day for day basis for Permit Delays (as defined in the Work Letter) in accordance with the Work Letter.

Holdover Amount. On (i) the first Distribution Date on which the --------------- Noteholders receive distributions of principal pursuant to the Indenture, zero, (ii) on each subsequent Distribution Date on which the Noteholders receive distributions of principal pursuant to the Indenture but prior to the Pro Rata Date, an amount equal to the lesser of (i) $24,999.99 and (ii) the portion of the Formula Principal Distribution Amount required to be applied as a principal payment on the Notes that exceeds $25,000 or an integral multiple of $25,000 and (iii) on each Distribution Date on and after the Pro Rata Date, zero.

Holdover Amount as defined in Section 21.2(a). Holidays: such days as may now or hereafter be celebrated as holidays under the contract from time to time in effect between Locals 32B and 32J of the Building Service Employees Union AFL-CIO (or any successor thereto) and the Real Estate Advisory Board of New York, Inc. (or any successor thereto) or on which First Class Midtown Office Buildings are now or hereafter closed. HVAC: heat, ventilation and air-conditioning.

Holdover Amount means, in respect of all the Notes, an amount of the Outstanding Principal Amount of the Notes equal to EUR 1,000 provided that if a Deferral Event is also a First Loss Trigger Event, the Holdover Amount shall be the Outstanding Principal Amount of the Notes.