Lease Yield definition

Lease Yield means the ratio, as of any particular date, stated as a percentage, of (i) the aggregate Minimum Rent (as defined in the Master Lease) payments under the Master Lease allocated to the Projects as of such date to (ii) the outstanding principal balance of the Loan as of such date.
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Lease Yield means the Yield of the Lease calculated in accordance with Section 1.148-4 of the Regulations.
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Examples of Lease Yield in a sentence

  • Any interest earnings or investment gains realized from the investment of such Proceeds may be reinvested pending disbursement in obligations that bear a Yield in excess of the Lease Yield.

  • The Proceeds of the Lease deposited to the Escrow Account to be used to accomplish the advance refunding of the 2015 Lease may not be invested in obligations bearing a Yield in excess of the Lease Yield.

  • The City covenants not to invest such Investment Proceeds after such one-year period at a Yield in excess of the Lease Yield.

  • The Lease Yield has been calculated to be not less than 2.6699 percent.

  • Investment Proceeds of the Lease deposited in the Rebate Fund may be invested without regard to investment yield limitation for a period of one year beginning on the date of receipt thereof and thereafter at a Yield not in excess of the Lease Yield.

  • Sale Proceeds of the Lease allocated to Expenditures to pay Costs of Execution and Delivery of the Lease may be invested without regard to investment yield limitation during an initial temporary period of one year following the Date of Execution and Delivery of the Lease and thereafter at a Yield not in excess of the Lease Yield.

  • Proceeds (which include Investment Proceeds) of the Lease deposited to the credit of the Escrow Account may not be invested in Investments bearing a Yield in excess of the Lease Yield.

  • Any Investment Proceeds realized from the investment of the Proceeds of the Lease deposited to the Escrow Account will not be invested in obligations that bear a Yield in excess of the Lease Yield.

  • Except as otherwise provided in the Tax Compliance Certificate or these Instructions, Gross Proceeds of the Lease and any interest earnings or investment gains realized from the investment of other Gross Proceeds of the Lease may not be invested in Investments that bear a Yield in excess of the Lease Yield.

  • If on any Computation Date the aggregate amount earned on Nonpurpose Investments in which the Gross Proceeds of the Lease are invested is less than the amount that would have been earned if the obligations had been invested at a rate equal to the Lease Yield, such deficit may be withdrawn from the Rebate Fund.