Overhead Amount definition

Overhead Amount means an amount equal to $239,000.

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Overhead Amount means the amount New Borrower advances with respect to salaries and general overhead from the Petition Date until the Plan Effective Date for New Borrower or Debtor Parties’ parent or ultimate parent, but not for Debtor Parties, in an amount not to exceed One Hundred Thirty Thousand Dollars ($130,000.00) per month and Six Hundred Fifty Thousand Dollars ($650,000.00) in the aggregate during the Prepackaged Case. 1.54. 1. 55. 1.56. 1.57. “Parties” and “Party” shall have the meaning set forth in the Preamble. “Petition” shall have the meaning set forth in the Recitals. “Petition Date” shall have the meaning set forth in the Recitals. “Plan” shall have the meaning set forth in the Recitals.

Overhead Amount shall initially be $25,000,000 and shall be increased for each Calculation Period based on increases in the U.S. consumer price index for such period.

Examples of Overhead Amount in a sentence

Following Completion of the Developer’s Phase 1A Infrastructure Improvements, Developer shall submit a Final Accounting to the Authority in order to determine the actual amount of the Developer’s Phase 1A Infrastructure Improvements Costs, the Stipulated Developer’s Phase 1A Infrastructure Improvements Overhead Amount and Developer’s Phase 1A Contract Sum.
Any Developer’s Phase 1A Payment Requests submitted after the Cutoff Date shall not be reviewed or included as a Developer’s Phase 1A Infrastructure Improvements Cost or Stipulated Developer’s Phase 1A Infrastructure Improvements Overhead Amount.
The Stipulated Developer’s Phase 1A Infrastructure Improvements Overhead Amount that has accrued as of the date of such Developer’s Phase 1A Payment Request.
Each Developer’s Phase 1A Payment Request shall show (i) the Developer’s Phase 1A Infrastructure Improvements Costs incurred or to be incurred by Developer and for which Developer has made or intends to make actual payment prior to the next Developer’s Phase 1A Payment Request and (ii) the Stipulated Developer’s Phase 1A Infrastructure Improvements Overhead Amount with respect to such Developer’s Phase 1A Infrastructure Improvements.
The Stipulated Convention Center Overhead Amount that has accrued as of the date of such Convention Center Payment Request.
Commitment Amount and Funding The sum of (x) $16,150,000, plus (y) the difference between (A) $650,000 and (B) the Overhead Amount.
SPA will begin paying the quarterly Allocated Overhead Amount on October 1, 2003 and will continue paying the quarterly Allocated Overhead Amount on the first day of each calendar quarter thereafter occurring.
MagneTek will cause SPA to begin paying the quarterly Allocated Overhead Amount to MagneTek in cash on October 1, 2004 and will cause SPA to continue paying the quarterly Allocated Overhead Amount in cash on the first day of each calendar quarter thereafter occurring.
Landlord shall be entitled to recover the proceeds issued by any insurance company as a result of the casualty (“Casualty Proceeds”), and the Overhead Amount (as defined in Section 13.10 herein) multiplied by the amount of the Casualty Proceeds.
All payments of the Allocated Overhead Amount that are accrued shall be due to MagneTek on MagneTek’s demand, and MagneTek shall not take any actions, or enter into any agreements, that would limit, restrict or defer its rights to receive such payments.

More Definitions of Overhead Amount

Overhead Amount means a sum equal to seven and one-half (7.5%) percent of the costs and expenses incurred by Landlord (as and for Landlord’s overhead irrespective of Landlord’s actual overhead costs and expenses), which amount shall be computed upon and added to any costs or expenses incurred by Landlord, which Overhead Amount shall be additional rent.

Overhead Amount has the meaning set forth in Section 5.11.