Examples of Base Valuation in a sentence
Base Valuation Revenues – means the revenues produced by the base valuation for taxable property and municipal sales and use taxes as provided in Section 7.0 of this Plan.
The Base Valuation shall be adjusted annually by an adjustment factor, which reflects the increased commercial and industrial property values within the community, as provided in Chapter 40, Section 59 of the Massachusetts General Laws.
The Base Valuation shall be the assessed value of the Property for Fiscal Year 2019 in the amount of $15,608,500.
The Agent will prepare and -------------------------------- deliver to the Borrower weekly, or more frequently as the Agent may from time to time determine, a report with respect to all Eligible Mortgage Loans, Eligible Nonconforming Mortgage Loans and Liquid Assets pledged to the Security Agent as of such date (a "Borrowing Base Valuation Report").
This provision shall not apply if the County Appraiser unilaterally (and without an appeal of the Company) appraises the Project below the Base Valuation.