Remaining Value definition

Remaining Value means the value as of the Termination Date of the leasehold improvements installed by the Tenant in the Leased Premises between January 1, 2019 and December 31, 2020, calculated for each item on the basis of the initial cost thereof to the Tenant and depreciated for the period which shall have elapsed between January 1, 2021 and the Termination Date on the basis of an assumed rate of depreciation on a straight-line basis to zero over: (i) the normal life thereof; or (ii) ten (10) years, whichever shall be the shorter period, less any residual or salvage value if the Tenant shall be permitted or required to remove such item and less the amount of any encumbrance thereon. The Tenant shall provide all necessary bills, invoices and such other supporting documentation as may, in the opinion of the Landlord, be necessary to substantiate the initial cost of such items and the calculation of the Remaining Value. The Tenant agrees that, upon the Termination Date, the Tenant shall vacate the Leased Premises and deliver up vacant possession of the Leased Premises in accordance with the terms of this Lease. The Tenant acknowledges that it shall have no claim against the Landlord as a result of the exercise by the Landlord of its right hereunder and upon such termination, all Rent shall be apportioned to the Termination Date and upon compliance by each of the parties with their respective obligations under this Lease up to and including the Termination Date, each of the parties shall thereafter be released from all future obligations arising under this Lease.”
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Remaining Value means the amount determined as set forth on Schedule 1 hereto.
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Remaining Value means at any time, that portion of the Initial Value loaded onto your Christmas Club Gift Card which is unspent which and can be accessed by using the Christmas Club Gift Card in accordance with the Card Terms of Use (see clause 29).
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Examples of Remaining Value in a sentence

  • The Termination Fee shall be an amount equal to eighty-five percent (85%) of the Estimated Remaining Value of the terminated Services.

  • If the Property Value is determined in the proceeding pursuant to which the Premises shall have been taken, the Property Value and consequent Remaining Value so determined shall be conclusive upon the Port and Tenant.

  • The Tenant shall undertake the work of repair and restoration as soon as reasonably practicable; and Tenant shall make the repairs and restoration even if the Remaining Value is insufficient for that purpose.

  • The Termination Fee shall be an amount equal to sixty percent (60%) of the Estimated Remaining Value of the terminated Services.

  • On December 31, 2018, 100% of the CVR Remaining Value minus the value of the VEBA Interests transferred in respect of the two previous Interim Settlement Dates (as measured on such previous Interim Settlement Dates).

  • Upon the occurrence and continuation of any of the following events (each an “Acceleration Event”), the Remaining Value shall, at the election of Holder, be due and payable, provided that upon the occurrence and continuation of the Acceleration Event described in Section 8(c) hereof, the Remaining Value shall automatically be deemed accelerated and due and payable in full.

  • Obligors shall not, and shall not permit any Subsidiary, to create, incur, allow, or suffer any Lien on any of its property, except for Permitted Liens, or otherwise permit any Collateral not to be subject to the first priority security interest granted herein, except in connection with Permitted Liens, or in connection with a transaction that results in the substantially concurrent payment of the Remaining Value at closing.

  • Provided that the Tenant is not, as of the Termination Date, in default under this Lease, the Landlord shall pay to the Tenant, upon the Tenant vacating the Leased Premises on the Termination Date, the Remaining Value and, except for such payment, the Landlord shall have no other obligation whatsoever to the Tenant with respect to the termination of this Lease.

  • Client may terminate this Agreement for any reason or no reason, at its convenience, by providing OneNeck a minimum six (6) months prior written notice; provided that if notice of termination is provided by Client during the first twenty-three (23) months of the Agreement, starting from the Effective Date, Client pays OneNeck an early termination fee (“Termination Fee”) in an amount equal to fifty percent (50%) of the Estimated Remaining Value.

  • Upon that termination the entire Remaining Value shall belong to the Port free of any claim thereto or any part thereof by Tenant, anything in this Article to the contrary notwithstanding.


More Definitions of Remaining Value

Remaining Value means the market value of the Leased Property that Landlord will retain, taking into account any loss of visibility, accessibility or development potential that may result from Landlord's compliance with this subparagraph. Remaining Value will be determined by ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, MAI Certified General Real Estate Appraiser, State of California No. AG001685, if he is then willing and available to make such a determination promptly for Landlord and Tenant; otherwise, Remaining Value will be determined in accordance with the following procedure, unless Landlord and Tenant upon a different procedure or method of determination in a particular case:
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Remaining Value means the market value of the Leased Property that Landlord will retain, taking into account any loss of visibility, accessibility or development potential that may result from Landlord's compliance with this subparagraph. Remaining Value will be determined in accordance with the following procedure, unless Landlord and Tenant otherwise agree in a particular case: (A) Landlord and Tenant shall each, within ten (10) days after written notice from either to the other, select an appraiser. If either Landlord or Tenant fails to select an appraiser within the required period, then the appraiser who has been timely selected shall conclusively determine the Remaining Value in accordance with this clause subparagraph within forty-five (45) days after his or her selection.
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Remaining Value means the sum of the values for each of the remaining Hotels as listed in Exhibit A, and shall be calculated using the values listed in Exhibit A immediately following each Hotel Disposition.
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Remaining Value means the difference equal to (A) the Total Merger Value minus (B) the sum of (i) the Redeemable Preferred Value plus (ii) the Series A Preference Value plus (iii) the Series B Value.
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Remaining Value actuarial equivalent" and "value of the accrued benefit" shall be determined using GAM71 Male mortality table and interest at the rate of 5.5% per annum. However, the value so determined for any Participant or Former Participant to whom this Article XIII applies shall not be less than the actuarial value of the accrued benefit for that Participant or Former Participant as of July 31, 1983, determined using the GAM71 Male and Female (as appropriate) mortality table and interest at the rate of 5.5% per annum. When referring to amounts developed from Schedule A, Column 2, the amount of accrued benefits and actuarial equivalents shall be determined as described, using interest at the rate of 5% per annum. Effective with respect to any lump sum distribution or the value of amounts developed pursuant to this Article XIII with respect to any Participant whose employment Terminates on or after January 1, 1998, the value of such benefit shall be determined in accordance with the foregoing assumptions; provided, however, that in no event shall the amount be less than the amount determined using the assumptions set forth in paragraph (b) of the definition of Actuarial Equivalence. -------------------------------------------------------------------------------- Appendix A --------------------------------------------------------------------------------
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Related to Remaining Value

  • Ending Value means the average of the values of the Index at the close of the market on five business days shortly before the maturity of the Notes. We may calculate the Ending Value by reference to fewer than five or even by reference to a single day’s closing value if, during the period shortly before the maturity of the Notes, there is a disruption in the trading of the component stocks included in the Index or certain futures or options contracts relating to the Index.

  • Closing Value means (a) with respect to an Underlying other than a Multiple Exchange Index, the level of such Underlying as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange or (b) with respect to a Multiple Exchange Index, the official closing level of such Underlying as calculated and published by the Index Sponsor, in each case on the relevant Valuation Date.

  • Heating Value means the heat released by combustion of one pound of waste or fuel measured in Btu on an as received basis. For solid fuels, the heating value shall be determined by use of ASTM Standard D2015-66.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Carrying Value means (a) with respect to a Contributed Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners’ and Assignees’ Capital Accounts in respect of such Contributed Property, and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.