Base Case. Applying the Equity Value formula to the “Base Case” summarized above, and assuming that (i) there is no Entity Specific Debt (see Example 3 for a discussion of Entity Specific Debt) and (ii) the mortgage debt on each of the five properties does not change between December 31 and Closing and that there are no assumption or prepayment fees associated with assuming or prepaying those mortgages at the Closing, the Equity Value of each of the five properties is as set forth below: Property Equity Value = EP x [TFTV - TPA] + AA Total Equity Value 500 “EP” = Unadjusted Equity Percentage
Appears in 8 contracts
Samples: Agreement and Plan of Merger (Rexford Industrial Realty, Inc.), Agreement and Plan of Merger (Rexford Industrial Realty, Inc.), Agreement and Plan of Merger (Rexford Industrial Realty, Inc.)
Base Case. Applying the Equity Value formula to the “Base Case” summarized above, and assuming that (i) there is no Entity Specific Debt (see Example 3 for a discussion of Entity Specific Debt) and (ii) the mortgage debt on each of the five properties does not change between December 31 and Closing and that there are no assumption or prepayment fees associated with assuming or prepaying those mortgages at the Closing, the Equity Value of each of the five properties is as set forth below: Property Equity Value = EP x [TFTV - TPA-TPA] + AA Total Equity Value 500 “EP” = Unadjusted Equity Percentage
Appears in 1 contract
Samples: Agreement and Plan of Merger (Rexford Industrial Realty, Inc.)
Base Case. Applying the Equity Value formula to the “Base Case” summarized above, and assuming that (i) there is no Entity Specific Debt (see Example 3 for a discussion of Entity Specific Debt) and (ii) the mortgage debt on each of the five properties does not change between December 31 and Closing and that there are no assumption or prepayment fees associated with assuming or prepaying those mortgages at the Closing, the Equity Value of each of the five properties is as set forth below: Property Equity Value = EP x [TFTV - – TPA] + AA Total Equity Value 500 “EP” = Unadjusted Equity Percentage
Appears in 1 contract
Samples: Contribution Agreement (Rexford Industrial Realty, Inc.)
