Minus. (B) The aggregate outstanding amount of Credit Extensions to, or for the account of, the Borrowers; or
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); Multiplied by The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Minus Any amounts previously paid to the District under Articles IV and V with respect to such Tax Year: Multiplied by The number 0.25; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third-Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. The Taxable Value of the Applicant’s Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant’s Qualified Property used for the District’s maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); Multiplied by The District’s maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Minus Any amounts previously paid to the District under Section 4.2 with respect to such Tax Year: Multiplied by The number 0.50; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. If the amount calculated above results in a negative number, then the Applicant’s Stipulated Supplemental Payment Amount shall be zero. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third Party Consultant described in Section 4.5, above shall adjust the Applicant’s Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); Multiplied by The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Minus Any amounts previously paid to the District under Section 4.2 and Article V with respect to such Tax Year: Multiplied by The number 0.50; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. If the amount calculated above results in a negative number, then the Applicant’s Stipulated Supplemental Payment Amount shall be zero. Based on the calculation above, the Parties agree that Applicant’s Stipulated Supplemental Payment Amount for all years prior to the first Tax Year of the Tax Limitation Period shall be zero. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. (ii) The aggregate unpaid balance of the Loan Account Minus
Minus. (iv) The aggregate of the Availability Reserves.
Minus. (iii) The aggregate undrawn Stated Amount of all then outstanding L/Cs.
Minus. Off balance sheet liabilities relating to historical acquisitions based on the relevant put/call instruments and contractual formula with the minority shareholder using the latest audited statutory accounts available for these subsidiaries;
Minus. 5. The number of Units cancelled due to any Surrender Charges collected from your interest in the Separate Account Division due to partial surrenders; MINUS
Minus. $72,000 annual fee per each Portfolio that is liquidated from the Fund subject to there being at least twenty Portfolios in the Fund. If there are less than twenty Portfolios in the Fund, such reduction in fees does not apply;
