Renewal Amount definition
Examples of Renewal Amount in a sentence
Notwithstanding any provision to the contrary in this Agreement or in any other Operative Document, the Facility Lessee shall have no obligation to exercise the lease extension right as provided in Section 4.2 of the South Point Ground Lease, as amended, if the Facility Lessee shall disagree with the amount of the Annual Renewal Amount (as defined in the South Point Ground Lease) as determined pursuant to the terms of Section 4.2 of the South Point Ground Lease, as amended.
Any amounts on deposit in the Renewal Account in excess of the Required Renewal Amount will be deposited into the Collection Account.
During a Renewal Account Deposit Period, Available Funds remaining after the payment of the Required Payments and amounts required to be deposited into the Reserve Account shall be deposited into the Renewal Account to the extent the amount on deposit in the Renewal Account is less than the Required Renewal Amount, but not in excess of the amount of Renewal Payments for the preceding Due Period.
If the Renewal Amount has not been determined at the beginning of each Calendar Year as provided in [Section of Division ], the Monthly Handback Reserve Deposit shall equal the Monthly Handback Reserve Deposit for the prior year.
The parties hereby agree that the contract will be renewed for an additional period of time as follows: Beginning Date of Renewal Term: January 1, 2024 End Date of Renewal Term: December 31, 2024 Renewal Amount: $81,600.00 Page 1 of 3 Contract Renewal – ▇▇.
Encumbrance Information: SAP Document No. SAP Fund SAP Cost Center GL Account Renewal Amount: $ Comptroller Signature Date Sincerely, Contract No. , is split %, expenditure amount of for federal funds and %, expenditure amount of for state funds.
Attest:_________________________ (Seal) Name:___________________________ Title:__________________________ Promissory Note Date: May , 2000 [X]New [_]Renewal Amount $5,000,000.00 Maturity Date: ------------- ------------- May , 2001 -------------- Bank: Borrower: Bank of America, N.A. Banking Center: OPNET Technologies, Inc.
The Parties shall re-estimate the costs of the Handback Renewal Work, and the Handback Renewal Amount, in accordance with Section 5 of Division II.
Such annual Minimum Rent shall be equal to the lesser of (a) the Twenty Percent Renewal Amount as defined and determined under Section 2.2.1, or (b) the Invested Capital Renewal Amount as defined and determined under Section 2.2.2.
The Initial Guarantee Period and Renewal Guarantee Period are measured from the date either a Net Payment or Renewal Amount is allocated to the guarantee period.