Examples of Initial Appraised Value in a sentence
The Initial Exercise Price, as well as the Current Assets Adjustment, have been arrived at on a willing buyer/seller in an arm’s length transaction basis, after taking into account the NP Initial Appraised Value and completion of the NP Interior Fit-Out Programme.
Calculation of Shared Market Value Appreciation: Market Value Appreciation shall be determined by subtracting from the Current Appraised Value the Initial Appraised Value and deducting appraised value attributable to Capital Improvements made by the Land Lessee.
Based on the total value of the Deposited Property as at 31 December 2012, together with the SW Appraised Value and the NP Initial Appraised Value, the applicable fee percentage will be 0.0155% per annum, which may, with the approval of the Manager, be further increased to a maximum of 0.06% per annum.
The following assumptions have been made in respect of the SW Transaction and the NP Transaction: • Regal REIT acquired the Sheung Wan Hotel and North Point Hotel on 31 December 2012 and no Current Assets Adjustments were made; and • The fair values of the Sheung Wan Hotel and the North Point Hotel as at 31 December 2012 are HK$1,580 million (being the SW Appraised Value) and HK$1,650 million (being the NP Initial Appraised Value), respectively.
The ratio is calculated by comparing Homeowner’s Purchase Price to the Initial Appraised Value.