Takedown definition

Takedown means the portion of the Allocation that Customer requests to be scheduled for a specific period as provided for in Schedule C, if applicable.

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Takedown has the meaning set forth in Section 3(c); and

Takedown shall have the meaning set forth in the Recitals.

Examples of Takedown in a sentence

If Class A office direct vacancy rate for the City of Austin Central Business District exceeds 12% on the date which is 3 months prior to a scheduled Takedown Date.
If (A) Class A “for rent” multifamily vacancy rate for the City of Austin Central Business District exceeds 8%, or (B) the unsold inventory of new, completed for-sale high rise condominium units in the City of Austin Central Business District represents 10% of the total number of high rise condominium units in the City of Austin Central Business District, on the date which is 3 months prior to a scheduled Takedown Date.
If occupancy of Class A hotel rooms in the City of Austin Central Business District is less than 70% for the prior 12 month period ending on the date which is 3 months prior to a scheduled Takedown Date.
Contemporaneously with the Takedown of Block 23, Developer shall pay to the City all costs of the Environmental Remediation incurred by the City in excess of $3,100,000, if any.
Real estate taxes and assessments, if any, concerning the applicable portion of the Property for the calendar year of Takedown, to the extent the City is obligated to pay such items, will be apportioned between the City and Developer at the applicable Takedown as of midnight of the day preceding the applicable Takedown Date.

More Definitions of Takedown

Takedown has the meaning set forth in Section 1(d)(ii) hereof.

Takedown has the meaning set forth in Section 2.2(a).

Takedown shall have the meaning set forth in Section 7.1(c)(ii).

Takedown has the meaning set forth in Section 2.02(a).

Takedown shall have the meaning given in Section 2.3.

Takedown has the meaning set forth in Section 2(b) of this Agreement.

Takedown means a component of the gross underwriting spread, similar to a commission, which represents the income derived from the sale of the bonds.