Contribution Value. The contribution value (the “Contribution Value”) for the Contributed Receivables and the other Receivable Assets related thereto shall be deemed to be the product of (a) the aggregate outstanding Principal Amount of such Contributed Receivables as set forth in the applicable Originator Daily Report identifying such Contributed Receivables and (b) one (1) minus the Discounted Percentage applicable to Contributed Receivables. The Company shall cause to Master Servicer to calculate the Contribution Value on each Contribution Date, and in the absence of manifest error such amount shall be deemed to be conclusive. The Company shall cause to Master Servicer to maintain in its books and records a ledger entitled the “distributable assets ledger.” For each Contributed Receivable, the Company shall credit to the distributable assets ledger an amount equal to the Contribution Value of such Contributed Receivable (net of the deductions referred to in Section 2.06(a) or Section 2.06(b)).
Contribution Value. If the Developer’s actual cost of carrying out the Works, including any costs incurred pursuant to this document, determined at the date on which the Works are Completed, differs from the Contribution Value, then subject to the Works having been completed in accordance with this document, neither party will be entitled to claim credit or reimbursement, as the case may be, for the difference.
Contribution Value. The contribution value (the "Contribution Value") ------------------ ------------------ for the Receivables and the other Receivable Assets related to such Receivables contributed, transferred, assigned and conveyed to the Company pursuant to subsection 2.01(a) hereof shall be deemed to be the product of (a) the aggregate ------------------ outstanding Principal Amount of such Receivables as set forth in the applicable Originator Daily Report identifying such Receivables and (b) one (1) minus the Discounted Percentage applicable to contributions by the Contributor to the Company. The Company shall calculate the Contribution Value on each Contribution Date, and in the absence of manifest error such amount shall be deemed to be conclusive. The Company shall maintain in its books and records a ledger entitled the "distributable assets ledger." For each contribution, transfer, assignment and conveyance pursuant to subsection 2.01(a) hereof, the Company ------------------ shall credit to the distributable assets ledger an amount equal to the Contribution Value of the Receivables and other Receivable Assets contributed, transferred, assigned and conveyed by the Contributor on the related Contribution Date (net of the deductions referred to in Section 2.02(b), Section --------------- 2.06(a) or Section 2.06(b)).
Contribution Value. 6 2.03 [intentionally omitted]................................................... 6
Contribution Value. 2.1 The aggregate Contribution Value for the Interests is FORTY FIVE MILLION SIX HUNDRED FIFTY TWO THOUSAND NINE HUNDRED FIFTY-NINE AND NO/100 DOLLARS ($45,652,959.00). The allocated Contribution Value for each Interest individually is as set forth in Schedule 1 attached hereto.
Contribution Value of the Contribution Agreement is hereby deleted in its entirety and replaced with the following:
Contribution Value. The value assigned to each item of Contributed Portfolio Contributed to the Contributee hereunder (the “Contribution Value”) shall be in a dollar amount equal to the fair market value of such Loan Asset as determined from time to time by the Contributor and the Contributee. Each of the Contributee and the Contributor hereby agree that the fair market value of each Loan Asset Contributed hereunder as of the related Contribution Date shall not be less than the Advance Date Assigned Value thereof multiplied by the Outstanding Principal Balance of such Loan Asset on the related Contribution Date.
Contribution Value. The parties agree that the fair market value of the Property is $3,150,000 (the "Contribution Value").
Contribution Value. The parties hereby agree that the gross fair value of the ESP Interests (which include the value of all of the Facilities), for all purposes of this Agreement, is equal to $155,500,000 (the “Contribution Value”).
Contribution Value. The contribution value of the Entity Interests (the “Contribution Value”) shall equal Eighty Five Million Nine Hundred Ninety Eight Thousand Two Hundred Thirty Four Dollars ($85,998,234.00), subject to adjustment as hereinafter provided. Transferee and Transferor hereby acknowledge and agree that prior to the Closing, they shall mutually agree upon (a) the allocation of the Contribution Value among the Entity Interests attributable to the Property Owning Entity that owns each Project and (b) the allocation of the Contribution Value for each Project’s Entity Interests among (i) the Land Parcel for such Project, (ii) the Personal Property for such Project, (iii) the Intangible Property for such Project, and (iv) collectively, the Improvements and the balance of the Real Property other than the Land Parcel for such Project. The Contribution Value shall be payable as follows:
