Facility Value definition

Facility Value means a sum of USD of lawful currency which shall represent the total value of the FACILITY approved by the BANK in favour of the APPLICANT.
Sample 1Sample 2
Facility Value means the amount equivalent to the sum total of the amount of the Loan to Value.
Sample 1
Facility Value means the amount set forth on Schedule 1 to this Appendix A. “Fair Market Rental Value” or “Fair Market Sales Value” of the Facility or the Head Lease Interest in the Facility means the value in Dollars which would be obtained in an arm’s-length transaction between an informed and willing lessee-user or buyer-user (other than a lessee currently in possession [or a used waste water facilities dealer]) under no compulsion to lease or buy, as the case may be, and an informed and willing lessor or seller, as the case may be, under no compulsion to lease or sell, as the same shall be specified by agreement between the Owner Participant and the Lessee or, if not agreed to by the Owner Participant and the Lessee within a period of fifteen (15) days after either party requests a determination, then as specified in an appraisal mutually agreed to by two recognized [waste water facility] appraisers, one of which shall be appointed by the Owner Participant and the other of which shall be appointed by the Lessee, or, if such appraisers cannot agree on such appraisal, an appraisal arrived at by a third independent recognized [waste water facility] appraiser chosen by the mutual consent of the two appraisers. If either party should fail to appoint an appraiser within fifteen (15) days of receiving notice of the appointment of an appraiser by the other party, then such appraisal shall be made by the appraiser appointed by the first party. If the two appraisers cannot agree on such appraisal and fail to appoint a third appraiser within fifteen (15) days after the appointment of the second appraiser, then either party may apply to the American Arbitration Association to make such appointment. The appraisal shall be completed within thirty (30) days of the appointment of the last appraiser appointed. In determining Fair Market Rental Value or Fair Market Sales Value by appraisal or otherwise, it will be assumed that the Facility is unencumbered by the Lease, the Sublease and the User Lease and is otherwise in the condition in which it is required to be returned to the Lessor pursuant to Section 13 of the Lease (except that a determination of Fair Market Sales Value or Fair Market Rental Value for purposes of Section 17(c) of the Lease (other than the last proviso thereof) shall be based on “as-is, where-is” condition) and that the Lessee has removed all Parts which it is entitled to remove pursuant to the last sentence of Section 8(c) of the Lease.
Sample 1

Examples of Facility Value in a sentence

  • CREDIT SERVICE * To be charged by a percentage over the Commodity Finance Facility Value on one-off basis or in phases.

  • Director Kiely, Sam McGovern‐Rowen, Rebecca Schweisberger, and Kevin Johnson of Facility Value Management remained during closed session.

  • The CMAR Nurse will review the resident’s medical records and if any items are determined to be different from the “FV” or Facility Value column, record those findings under the “QV” or QAN Value column on the RUG and/or other case mix model item report.

  • Ms. Meyer-Stearns introduced Kevin Johnson, from Facility Value Management, and Doug Barnes, from Zimmerman Architectural Studios, to the Committee.

  • The facility’s coding is indicated as the Facility Value (FV) on the RUG Item Category Report.

  • Existing Level of Service (2014): Land and Facility Value per Capita: $3,643.79Located within ½ mile of a park or school: 85%• Level of Service Standard: Park system investments as growth occurs sufficient to maintain a park system value of at least $3,643.79 per resident.

  • This rule also finalizes updates to the Skilled Nursing Facility Quality Reporting Program (SNF QRP) and Skilled Nursing Facility Value- Based Purchasing Program (SNF VBP).

  • Moreover, if the Facility Value after the Sublease Facility Partial Event of Loss is less than 50% of the Facility’s Value as of the Closing Date, EZH must restore the output capacity and/or efficiency of the Facility to the level that would cause the reduction in the Facility Value resulting from such Sublease Facility Partial Event of Loss, not to exceed such percentage, or a Sublease Facility Event of Loss will be deemed to have occurred.

  • Section 413.338 is added to read as follows: § 413.338 Skilled Nursing Facility Value- Based Purchasing.

  • NIH-PA Author ManuscriptIn order to correct fluctuations in the intensity amplitudes, signal normalization is performed using a Standard Normal Variate (SNV) at every pixel in the specimen.


More Definitions of Facility Value

Facility Value means, as of any applicable date of determination, the Facility’s “as is” market value set forth in the most recent Appraisal.
Sample 1
Facility Value means an amount, determined as of each Valuation Date for each Facility equal to (i) the trailing six month Net Operating Income of such Facility ending on the Valuation Date annualized for a 12 month period divided (ii) by the Capitalization Rate;
Sample 1

Related to Facility Value

  • Maturity Value means the Accreted Value of any Capital Appreciation Bond on its maturity date.

  • Equity Value means the price an item can be reasonably expected to sell for on the local open market minus any encumbrances.

  • Applicable Commitment Fee Rate means:

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Facility Fee Percentage means the applicable percentage per annum ----------------------- determined, at any time, based on the range into which Borrower's Credit Rating (if any) then falls, in accordance with the following tables. Any change in the Facility Fee Percentage shall be effective immediately as of the date on which any of the rating agencies announces a change in the Borrower's Credit Rating or the date on which the Borrower has no Credit Rating, whichever is applicable. The Facility Fee Percentage during the time, from time to time, that the Borrower maintains an Investment Grade Credit Rating by either Xxxxx'x or S&P shall be as follows: Range of Borrower's Credit Rating Percentage of S&P/Moody's Ratings Maximum Credit Amount ------------------- --------------------- below BBB-/Baa3 0.00% BBB-/Baa3 0.20% BBB/Baa2 0.20% BBB+/Baa1 0.15% A-/A3 0.15% If at any time the Borrower has a Credit Rating by both Moody's and S&P which Credit Ratings are split, then: (A) if the difference between such Credit Ratings is one ratings category (e.g. Baa2 by Moody's and BBB- by S&P), the Facility Fee Percentage shall be the rate per annum that would be applicable if the highest of the Credit Ratings were used; and (B) if the difference between such Credit Ratings is two ratings category (e.g. Baa1 by Moody's and BBB- by S&P), the Facility Fee Percentage shall be the rate per annum that would be appli- cable if the median of the applicable Credit Ratings is used.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed fiscal quarter as determined by Administrative Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including September 30, 2017, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.375% II < 50% ofthe Maximum Revolver Amount 0.50% The Applicable Unused Line Fee Percentage shall be re-determined on the first day of each fiscal quarter by Administrative Agent.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.