Reference Price. On each Reset Date, the Reference Price shall be determined by: (i) compounding the Initial Price for each Compounding Period at USD LIBOR rate plus Spread for a designated maturity of 1 month (Actual/360 day count fraction) to such Reset Date and (ii) subtracting the Distribution Amount at that date.
Appears in 2 contracts
Sources: Purchase Price Adjustment Mechanism Agreement (Meditrust Corp), Purchase Price Adjustment Mechanism Agreement (Wyndham International Inc)
Reference Price. On each Reset Date, the Reference Price shall be determined by:
(i) compounding the Initial Price for each the previous Compounding Period at USD LIBOR rate plus Spread for a designated maturity of 1 month three months (Actual/360 day count fraction) to such Reset Date and
(ii) subtracting the Distribution Amount at that date.
Appears in 2 contracts
Sources: Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc), Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc)
Reference Price. On each Reset Date, the Reference Price shall be determined by:
: 32 (i) compounding the Initial Price for each the previous Compounding Period at USD LIBOR rate plus Spread for a designated maturity of 1 month three months (Actual/360 day count fraction) to such Reset Date and
(ii) subtracting the Distribution Amount at that date.
Appears in 1 contract
Sources: Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc)
Reference Price. On each Reset Date, the Reference Price shall be determined by:
(i) compounding the Initial Price for each Compounding Period at the USD LIBOR rate plus Spread for having a designated maturity of 1 one month (Actual/360 day count fraction) ), plus the Spread, to such Reset Date Date; and
(ii) subtracting the Distribution Amount at that date. The Reference Price shall be subject to adjustment under Section 1(c).
Appears in 1 contract
Sources: Purchase Price Adjustment Agreement (Carramerica Realty Corp)
Reference Price. On each Reset Date and Interim Settlement Date, the Reference Price shall be determined by:
(i) compounding the Initial Price for each Compounding Period at USD LIBOR rate plus Spread for a designated maturity of 1 month (Actual/360 day count fraction) to such Reset Date andand Interim Settlement Date;
(ii) subtracting the Distribution Amount at that date; and
(iii) subtracting the Cash Payment Amount at that date.
Appears in 1 contract
Sources: Unsecured Purchase Price Adjustment Mechanism Agreement (Meditrust Corp)
Reference Price. On each Reset Date, the Reference Price shall be determined by:
(i) compounding the Initial Price for each Compounding Period at the USD LIBOR rate plus Spread for a designated maturity of 1 month (Actual/360 day count fraction) to such Reset Date and
(ii) subtracting the Distribution Amount at that date.
Appears in 1 contract