Remaining Present Value definition

Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.

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Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease, as reasonably determined by the Company at the time such lease is entered into.

Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with

Examples of Remaining Present Value in a sentence

• Back Transactions with respect to any property owned by the Borrower or any Restricted Subsidiary, if at the time the lease in connection therewith is entered into, and after giving effect to the entering into of such lease, the Remaining Present Value of such lease would not exceed $50.0 million, provided, that in each case, the Net Cash Proceeds thereof are applied in accordance with Section 2.08(1).

• Enter into any Sale and Leaseback Transaction; provided that a Sale and Leaseback Transaction shall be permitted so long as at the time the lease in connection therewith is entered into, and after giving effect to the entering into of such lease, the Remaining Present Value of such lease (together with Indebtedness outstanding Section 7.2(h) and (i) and the Remaining Present Value of outstanding leases previously entered into under this Section 7.11) would not exceed $10,000,000.

• Back Transactions with respect to any property owned by the Borrower or any Restricted Subsidiary, if at the time the lease in connection therewith is entered into, and after giving effect to the entering into of such lease, the Remaining Present Value of such lease would not exceed $200.0 million.

• Back Transactions with respect to any property owned by the Borrower or any Restricted Subsidiary, if (a) at the time the lease in connection therewith is entered into, and after giving effect to the entering into of such lease, the Remaining Present Value of such lease would not exceed $200.0 million and (b) the Net Cash Proceeds thereof are applied in accordance with Section 2.08(1).

• Lenders with respect to any property owned by the BorrowerBorrowers or any Restricted Subsidiary, if (a) at the time the lease in connection therewith is entered into, and after giving effect to the entering into of such lease, the Remaining Present Value of such leaseto the extent that (a) the Net Cash Proceeds would not exceed $200.0250.0 million and (b) the Net Cash Proceeds thereof are applied in accordance with Section 2.08(12.07(3).

More Definitions of Remaining Present Value

Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into. “Removal Effective Date”: as defined in Section 9.9(b). “Replacement Lender”: as defined in Section 2.20. “Replaced Term Loans”: as defined in Section 10.1(g). “Replacement Term Loans”: as defined in Section 10.1(g). “Required Lenders”: at any time, Lenders who hold more than 50.0% of the sum of (i) the aggregate unpaid principal amount of the Term Loans or unused Term Loan Commitments, as applicable, then outstanding, and (ii) the Total Revolving Commitments (including, without duplication, the L/C Commitments) then in effect or, if the Revolving Commitments have been terminated, the Total Revolving Extensions of Credit then outstanding; provided that, the outstanding principal amount of the Term Loans held by any Defaulting Lender and the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders; provided further, that (x) so long as the BlackRock Lenders collectively hold more than 60.0% of the aggregate principal amount of the Term Loans or Term Loan Commitments, as applicable, held by the BlackRock Lenders as of the initial date of the acquisition (in connection with customary fronting arrangements) of such Term Loans or Term Loan Commitments, as applicable, then the Required Lenders must include the BlackRock Lenders (it being understood that this clause (x) will not apply to any amendment or waiver that by its terms only affects the rights or duties of the Revolving Lenders) and (y) at any time when there are two or more Lenders (who are not Affiliates of one another or Defaulting Lenders), (A) “Required Lenders” must include at least two Lenders (who are not Affiliates of one another) and (B) other than in connection with the taking of enforcement actions and exercise of remedies (including, without limitation, any determination with respect thereto (including the occurrence thereof) or the delivery of related notices or the institution of the default rate) pursuant to Section 8.2 or otherwise, “Required Lenders” must include at least one Commercial Bank. “Requirement of Law”: ...

Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into. “Reporting Default” means a Default described in Section 6.01(d). “Responsible Officer,” when used with respect to the Trustee, means any officer within the corporate trust department of the Trustee having direct responsibility for the administration of this Indenture.

Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into. “Removal Effective Date”: as defined in Section 9.9(b). “Replacement Lender”: as defined in Section 2.20. “Replaced Term Loans”: as defined in Section 10.1(g). “Replacement Term Loans”: as defined in Section 10.1(g).

Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with