Lessor Balance definition

Lessor Balance means as of any date of determination an amount equal to the sum of the outstanding Lessor Amounts together with all accrued and unpaid Yield thereon.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Lessor Balance means, as of any date of determination, an amount equal to the sum of the outstanding Lessor Amount net of any distributions (other than distributions of Yield) with respect thereto, together with all accrued and unpaid Yield thereon.

Lessor Balance means, as of any date of determination, an amount equal to the outstanding Lessor Amounts together with all accrued and unpaid Yield thereon and all other amounts due and payable to the Lessor under the Operative Documents. Tandem Health Care of Ohio, Inc. Definitions

Examples of Lessor Balance in a sentence

The Lessor Balance shall accrue Yield at the Series B Yield Rate calculated, when the Series B Yield Rate is based on an Alternate Base Rate, on the basis of a 365 (or, if applicable, 366) day year basis for the actual days elapsed, and, at all other times, calculated on the basis of a 360-day year for the actual days elapsed, with such Yield payable in arrears on each Payment Date.
The Lessor Balance shall accrue Yield at the Series B Yield Rate.
If all or any portion of the Lessor Balance is outstanding and any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

More Definitions of Lessor Balance

Lessor Balance means, as of any date of determination, an amount equal to the aggregate of the Land Lessor Balance and the Improvement Lessor Balance.