Myriads Termination Share

Myriads Termination Share. Means an amount determined as -------------------------- follows: (i) First, project Myriad's Share of Operating Cash Flow in each Lease Year following the Termination Date (but not including any renewal or extension terms subsequent to the then term of the Lease, unless and then only to the extent that Myriad has validly exercised its right to renew or extend the then term ... of the Lease) as being equal to Myriad's Share of Operating Cash Flow for the twelve (12) months prior to the Termination Date increased by the lesser of CPI or three percent (3%) per annum on the regular adjustment dates specified in Section 3.1 for adjustment of Basic Annual Rent. (ii) Second, based on the assumption that Myriad's Share of Operating Cash Flow for each Lease Year following the Termination Date, as projected in subsection (i) above, is received by Myriad on the last day of the seventh (7th) month of such Lease Year (or in the case of a Lease Year which is less than seven (7) months long, on the last day of such Lease Year), calculate the present value of such projected amounts as of the Termination Date. The discount rate to be used in such present value calculation shall be ten and one-half percent (10 1/2%) per annum. View More