Asset Value Sample Clauses

Asset Value. Buyer shall have the right to determine the Asset Value of each Purchased Asset at any time.
AutoNDA by SimpleDocs
Asset Value. Buyer shall have the right to determine the Asset Value of each Purchased Mortgage Loan on a daily basis.
Asset Value. If Unencumbered Asset was acquired within last 12 months, insert greater of (G) and (H). If Unencumbered Asset was acquired 12 or more months ago, insert (G). $______ Sch. I - 4 Asset Value equals the book value of such Asset as determined in accordance with GAAP (but determined without giving effect to any depreciation): $_______ Asset Value equals the book value of such Asset as determined in accordance with GAAP (but determined without giving effect to any depreciation): $_______ Sch. I - 5 Sch. II - 1 To: Lenders under the Supplemental Tranche (as defined below) Ladies and Gentlemen: Reference is made to the Amended and Restated Term Loan Agreement dated as of October 24, 2018 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Term Loan Agreement”; the terms defined therein, unless otherwise defined herein, being used herein as therein defined), among Digital Realty Trust, L.P., a Maryland limited partnership, as a Borrower, Digital Realty Trust, Inc., as Parent Guarantor, the Additional Guarantors and other Borrowers party thereto, the Lenders party thereto and Citibank, N.A., as Administrative Agent for the Lenders. Pursuant to Section 2.16 of the Term Loan Agreement, the Borrowers hereby request a Supplemental Tranche (the “Supplemental Tranche”) on the terms and conditions set forth below: 1. A Supplemental Tranche with aggregate Supplemental Tranche Commitments in the amount of ____________ in the Supplemental Currency indicated below. 2. The Supplemental Currency shall be ______________. 3. The existing Borrower(s) or the Additional Borrower(s) that will be the Supplemental Borrower(s) with respect to the Supplemental Tranche: ______________. 4. The Applicable Lending Office of each Lender with a Supplemental Tranche Commitment in respect of the Supplemental Tranche and such Supplemental Tranche Commitments are set forth on an updated Schedule I to the Term Loan Agreement attached hereto. 5. Other terms and provisions relating to the Supplemental Tranche: _________________ _____________________________________________________________________________ Exh. F - 1 The Borrowers confirm that the conditions to the creation of the Supplemental Tranche set forth in Section 2.16 of the Term Loan Agreement have been satisfied. This Supplemental Addendum supplements the Term Loan Agreement. To the extent of any inconsistency between the terms of this Supplemental Addendum and the terms of the Term Loan Agreement, t...
Asset Value. 52.1 Clause 52.2 below applies if the Owners notify the Charterers that: (a) the Market Value of the Vessel; plus (b) the net realisable value of any additional security previously provided under Clause 52.2(a), is at any time below one hundred twenty per cent. (130%) of the Charterhire Principal Balance. 52.2 If the Owners serves a notice on the Charterers under Clause 52.1, the Charterers shall, within fifteen (15) Banking Days after the date on which the Owners' notice is served, either: (a) provide, or ensure that a third party provides, additional security acceptable in form and substance to the Owners which, in the opinion of the Owners, has a net realisable value at least equal to the shortfall and is documented in such terms as the Owners may approve or require; or (b) prepay (at least) such part of the Charterhire Principal Balance as will eliminate the shortfall. 52.3 The Charterers shall promptly provide the Owners and any shipbroker or expert acting under this Clause 52 with any information which the Owners, the Approved Valuer, shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Charterers fail to provide the information by the date reasonably specified in the request, the valuation may be made on any basis and assumptions which the Owners, Approved Valuer, shipbroker or expert consider prudent. 52.4 The Charterers shall at its own cost provide the Owners with valuations addressed to the Owners of the Vessel and any other ship over which additional Security has been created in accordance with Clause 52.2, to enable the Owners to determine the Market Value of the Vessel and such other ship, such valuations to be provided on one occasion in each calendar year during the month of December if no Termination Event or Potential Termination Event has occurred and is continuing, and as many times as required by the Owners if a Termination Event or a Potential Termination Event has occurred and is continuing. 52.5 Any partial prepayment shall be made together with Breakage Costs (if any), and shall be applied towards reducing the Charterhire Principal Balance in the inverse order of maturity.
Asset Value. Buyer shall have the right to determine the Asset Value of each Purchased Asset on a daily basis.
Asset Value. Upon completion of due diligence, should ATOW determine the fair market value of an asset detailed in Exhibit A is less than the listed value, the parties agree to negotiate in good faith to establish a fair value. If the parties are unable to arrive at an agreement as to the value of any specific asset, ATOW reserves the right to exclude that asset from the assets being purchased and reduce the purchase price by an amount equal to the estimated fair market value listed on Exhibit A. In the event the total of such excluded assets equals or exceeds 10% of the total assets listed on Exhibit A, ATOW shall be exempt from having to honor any agreement to purchase the assets of Seller.
Asset Value. The purchase price of Real Estate (including improvements and related fixtures, personal property and intangibles) and ordinary related purchase transaction costs without deduction for depreciation, or if the Real Estate has been developed by such Person, the completed construction costs determined in accordance with generally accepted accounting principles without deduction for depreciation. If the Real Estate is purchased as a part of a group of properties, the Asset Value shall be calculated based upon a reasonable allocation by such Person of the aggregate purchase price among all Real Estate purchased in such transaction. Balance Sheet Date. September 30, 1997.
AutoNDA by SimpleDocs
Asset Value. Lines A.1 + A.2 +A.3 + A.4 + A.5 + A.6 + A.7 + A.8 + A.9 + A.10 11. $_________
Asset Value. Buyer shall have the right to determine the Asset Value of each Purchased Asset and its related Underlying Asset at any time. For the avoidance of doubt, the Asset Value of a Purchased Asset shall be determined with respect to the Asset Value of the related Underlying Asset; provided that if a Purchased Asset fails to qualify as an Eligible Participation Interest, Buyer may xxxx the Asset Value of such Purchased Asset (and all related Underlying Assets) to zero.
Asset Value. Fail to maintain, at any time, together with its Subsidiaries on a consolidated basis, Assets with an aggregate fair market value of at least $500,000,000.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!