Mandatory Capital Addition Allowance definition

Mandatory Capital Addition Allowance and "Mandatory Capital Addition Allowances" shall have the meaning given to such term in Paragraph 5.
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Mandatory Capital Addition Allowance shall have the meaning given to such term in the Agreement Regarding Leases.
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Examples of Mandatory Capital Addition Allowance in a sentence

  • ALS Holdings agrees that, in connection with any Mandatory Capital Addition Allowance, ALS Holdings shall, or shall cause the applicable Alterra Lessee to, provide PSLT-ALS Holdings or the applicable Provident Lessor with the information required to be provided pursuant to Paragraph 11(c) of the Property Leases relating to Landlord Capital Additions.

  • BLC Holdings agrees that, in connection with any Mandatory Capital Addition Allowance, BLC Holdings shall, or shall cause the applicable Brookdale Lessee to, provide PSLT-BLC Holdings or the applicable Provident Lessor with the information required to be provided pursuant to Paragraph 11(c) of the Property Leases relating to Landlord Capital Additions.

  • The provisions of Paragraph 11(d) of the Property Leases shall govern the disbursement of Mandatory Capital Addition Allowances, provided that PSLT-BLC Holdings shall have no obligation to make any Mandatory Capital Addition Allowance pursuant to this Paragraph 5(a) if, at the time of a disbursement of any Mandatory Capital Addition Allowance, an Event of Default shall have occurred and is continuing.

  • The provisions of Paragraph 11(d) of the Property Leases shall govern the disbursement of Mandatory Capital Addition Allowances, provided that PSLT-ALS Holdings shall have no obligation to make any Mandatory Capital Addition Allowance pursuant to this Paragraph 5(a), if at the time of a disbursement of any Mandatory Capital Addition Allowance, an Event of Default shall have occurred and is continuing.