NOI Yield definition

NOI Yield means a percent equal to the product of (i) 100, multiplied by (ii) the quotient of (a) Annualized NOI for the Property, divided by (b) Capitalized Costs in respect of the Property.
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NOI Yield means the gross revenues derived from an ---------- Acquisition Property over a given twelve month period less operating expenses relating to such Acquisition Property (including AOP's (or PSP11's after the Merger) expected management costs relating thereto, but excluding brokerage commissions, tenant improvement costs, capital reserves and depreciation) divided by the purchase price for such Acquisition Property (including closing costs and deferred maintenance costs required to be funded at closing). The calculation of NOI Yield shall employ generally accepted accounting principles ("GAAP"), except that rents shall not be calculated on a straight-line basis.
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NOI Yield shall have the meaning set forth in Section 1.3 hereof.
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Examples of NOI Yield in a sentence

  • AOP shall include with the notice of each Subsequent Closing a schedule showing the calculation of the projected NOI Yield for each of the Acquisition Properties and in the aggregate for all of the Acquisition Properties acquired or to be acquired with the proceeds of such Subsequent Closing.

  • Allowing 919 Third Period Ends - Acquire First Work to Begin Avenue Upon Building to Mortgage for Occupancy of Completion of Restabilize at an Note Secured Debevoise, BNP Consensual Approximate 9.5% by 919 Third and ▇▇▇▇▇▇▇ - Bankruptcy and NOI Yield - Total Avenue for Three Long-Term Secures $250 Investment Less 277.5 Million Leases Million First Than $275 psf or or $200 psf Encompassing Mortgage 40% Discount to 826,000 sq.

  • The calculation of NOI Yield shall employ generally accepted accounting principles ("GAAP"), except that rents shall not be calculated on a straight-line basis.

  • The delivery of the notice required this Section 1.3(b) shall create no implication that AOP is making a -------------- representation as to, or guaranteeing, the actual NOI Yield of any Acquisition Property and, provided any such notice is delivered in good faith by AOP, AOP shall have no liability to the Investors, the Pecuniary Owners or to any other person with respect to such notice or the financial projections contained therein.