Site Balance definition

Site Balance means for each Site, as of any date of determination, an amount equal to the aggregate principal amount of the Loans and Equity Balance allocable to such Site and outstanding on such date, all Accrued Interest with respect to such Loans and Yield accruing with respect to such Equity Balances, and any Supplemental Rent (including Break Costs) then due and owing relating to such Site, including (without limitation) the portion of any Transaction Expenses or other costs not related to a specific Site which have been allocated or reallocated by the Agent to such Site from time to time as determined by the Agent in its reasonable judgment.
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Site Balance means with respect to a Site an amount equal to the outstanding principal amount of the Loans and Investment Amounts related to such Site.
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Examples of Site Balance in a sentence

  • Customer may not allocate the Site Balance to Covered System not listed in the quote.

  • Customer may allocate the Site Balance to on-site labor or parts purchased by Customer between the Covered Systems at the Site.

  • Agent shall, upon any request to do so, also determine with respect to each Note and Certificate the Site Balance and Land Balance relating to each Site, which determination shall be conclusive and binding on Lessee and the Participants absent manifest error.

  • Agent shall also determine with respect to each Note and the Investment Amount the portion thereof attributable to each Site and Equipment Group in order to establish the Site Balance of, and the AMAT Recourse Amount relating to, each such Site and the Equipment Group Balance of, and the AMAT Recourse Amount relating to, each such Equipment Group, which determination shall be conclusive and binding on Lessee and the Participants absent manifest error.

  • All condemnation awards, insurance proceeds, damage payments and other moneys received by the Lessee or the Lessor on account of any Event of Loss, shall be applied as follows: FIRST, to the payment of the Site Balance and all other amounts due the Lessor, if not theretofore paid by the Lessee, or if theretofore paid to reimburse the Lessee for the payment thereof; and SECOND, to the Lessee.

  • In the event such new Appraisal shall conclude that the Fair Market Sales Value of such Site upon such Completion or as of the end of the Basic Term, and as may be extended pursuant to Section 6(a) of the Master Lease, is less than the Site Balance (such amount, a "FMV Shortfall"), Lessee shall make a special lease payment to the Agent equal to such FMV Shortfall.