Examples of Adjusted Base Value in a sentence
In this instance, the Base Value of each aircraft assumes its physical condition is average for an aircraft of its type and age, but has been adjusted to reflect a) the actual utilisation and given maintenance status of airframe, engines and undercarriage where possible (the 'Adjusted Base Value') and b) assuming overall 'half-life' maintenance condition.
First, the portion of the net proceeds from such Engine Disposition allocable to the Notes, based on the Adjusted Base Value of the Engine that was the subject of such Engine Disposition and the Adjusted Portfolio Value, will be applied to payment of the principal of the Notes.
In addition, the Adjusted Base Value appraisals assume an “open, unrestricted stable market environment with a reasonable balance of supply and demand” and other factors common for like appraisals.
The Issuer shall deliver to the Initial Liquidity Facility Provider a copy of the appraisal letter from each Appraiser containing the annual appraisals used to determine the Adjusted Base Value and Base Value of the Assets as described in the foregoing sentence.
AGA is a member of the Waters Advocacy Coalition and is actively working on proposals to withdraw this rule.