Value Component definition

Value Component shall have the meaning assigned to such term in the definition of Loan-to-Value Ratio in this Section 1.01.
Value Component shall have the meaning assigned to such term in the definition of “Loan-to-Value Ratio” in this Section 1.01.
Value Component means the Annualized Combined EBITDA Amount (as defined below) multiplied by thirteen (13); (y) “Annualized Combined EBITDA Amount” shall mean the Average Quarterly Combined EBITDA (as defined below) multiplied by four (4); and (z) “Average Quarterly Combined EBITDA” shall mean the aggregate amount of Combined EBITDA achieved over the seven fiscal quarters immediately preceding the last fiscal quarter of the Initial Term divided by seven (7).

Examples of Value Component in a sentence

  • The Productive Component payment is payable upon billing from the Lessor; the bill will follow the Lessor’s review of the Annual Financial Statement (provide by Lessee no later than April 20th) and the verification of the calculated Productive Value Component.

  • The Annual Adjustment Analysis established a Land Value Component assuming a construction-ready condition, with dedicated and improved public roads and utilities, including storm drainage facilities.

  • The Parties further agree that the Borrowing Base Limit reduction created by the sale of Princess, equal to the Lending Value Component of Princess of $1,750,000, shall be paid to the Agent on the first closing of the sale of Sale Property after the date hereof and in any event not later than January 31, 2008, and amount of such payment shall be applied in accordance with the provisions of Section 3.3(a) above.

  • The Parties hereby agree that the Lending Value Component of each of the Sale Properties is as set out in Schedule "B" hereto.

  • PFTI's responsibility in respect to warranty claims is limited to providing the required repairs or replacements to the product itself, and no claim of breach of warranty shall be cause for cancellation or rescission of the contract of sale of any PFTI products.

  • There shall not be any Regulation or Court Order that makes the acquisition of the NPI Shares contemplated hereby illegal or otherwise prohibited or that otherwise may have a Material Adverse Effect on the Company.

  • This Land Value Component has been used in calculating the initial Fair Share School Impact Mitigation Payments that are effective as of January 1, .

  • This Land Value Component has been used in calculating the initial Fair Share School Impact Mitigation Payments that are effective during calendar year 2006.

  • Following its review of the report and verification of the Productive Value Component, the Lessor will issue a Bill for Collection to the Lessee.

  • The Annual Adjustment Analysis shall serve as notice from ▇▇▇▇ of any determination applicable in the next calendar year of the SGF, Land Value Component, Non-Land Value Component, Fair Share School Impact Mitigation Payments, or any other determination or document that would impose a duty on Developer or change the extent of Developer’s obligations under this Agreement.