Capitalized Value. For any Real Estate as of any date of determination, an amount equal to (a) the Adjusted Net Operating Income for such Real Estate for the previous two (2) fiscal quarters annualized divided by (b) the Capitalization Rate.
Appears in 9 contracts
Samples: Credit Agreement (Mid-America Apartments, L.P.), Credit Agreement (Mid-America Apartments, L.P.), Credit Agreement (Mid-America Apartments, L.P.)
Capitalized Value. For any applicable Real Estate as of any date of determination, an amount equal to (a) the Adjusted Net Operating Income for such Real Estate for the previous two (2) most recently completed full fiscal quarters annualized quarter annualized, divided by (b) the Applicable Capitalization Rate.
Appears in 4 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.)
Capitalized Value. For any Real Estate as As of any date of determinationdetermination with respect to Real Estate, an the amount equal to (a) the Adjusted Net Operating Income for from such Real Estate for the previous two (2) fiscal quarters annualized immediately preceding calendar quarter, annualized, divided by (b) the Capitalization Rate.
Appears in 2 contracts
Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)
Capitalized Value. For any Real Estate as of any date of determination, an amount equal to (a) the Adjusted Net Operating Income for such Real Estate for the previous two four (24) fiscal quarters annualized most recently ended, divided by (b) the Applicable Capitalization Rate.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.), Senior Secured Credit Agreement (Healthcare Trust, Inc.)
Capitalized Value. For any Real Estate as of any date of determination, an amount equal to (a) the Adjusted Net Operating Income for such Real Estate for the previous two (2) fiscal quarters annualized divided by (b) the Applicable Capitalization Rate.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust II, Inc.), Senior Unsecured Credit Agreement (American Realty Capital Healthcare Trust Inc)
Capitalized Value. For any Real Estate as As of any date of determinationdetermination with respect to Real Estate, an the amount equal to (a) the Adjusted Net Operating Income for from such Real Estate for the previous two preceding four (24) fiscal calendar quarters annualized divided by (b) the Capitalization Rate.
Appears in 1 contract
Capitalized Value. For any Real Estate as As of any date of determination, with respect to any Real Estate, an amount equal to (a) the Adjusted Pro Forma Net Operating Income for such Real Estate for the previous two (2) fiscal quarters annualized Estate, divided by (b) the Capitalization Rate.
Appears in 1 contract
Samples: Credit Agreement (Modiv Inc.)
