Excluded Amounts
Excluded Amounts. (i) any obligation of a Trust to make any payment to any Holder in accordance with the terms of an Indenture or the Notes, (ii) any obligation or expense of a Trust to the extent that such obligation or expense has actually been paid utilizing funds available to such Trust from payments under a Funding Agreement, (iii) any cost, loss, damage, claim, action, suit, expense, disbursement, tax, penalty or liability of any kind or nature whatsoever imposed on Law Debenture that ...
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Excluded Amounts. Shall mean, with respect to a fiscal year of the Company, as at any date of determination, an amount equal to the dollar amount of any Gross Profit attributable to Harbor Islands and the Rio Rico Excluded Properties for such fiscal year.
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Found in
AV Homes, Inc. contract