FMV Cap Rate definition

FMV Cap Rate means 9%.

FMV Cap Rate means 6.75%.

FMV Cap Rate means seven and three-quarters percent (7.75%).

Examples of FMV Cap Rate in a sentence

• For purposes hereof, "fair market value" shall mean the quotient of (x) Net Operating Income with respect to the Real Property Assets owned by Xxxx as of the date hereof and (y) the FMV Cap Rate.

• For purposes hereof, "fair market value" shall mean the quotient of (x) Net Operating Cash Flow with respect to the Real Property Assets as of the date hereof (on an annualized basis in the case of Real Property Assets that have been owned by Borrower or Guarantor or their Consolidated Subsidiaries for a period of less than four (4) fiscal quarters) less an amount equal to the product of the G&A Percentage and such Net Operating Income, and (y) the FMV Cap Rate.

• For purposes hereof, "fair market value" shall mean the quotient of (x) Net Operating Income with respect to the Real Property Assets owned by the Consolidated Entities as of the date hereof and (y) the FMV Cap Rate.

• The quotient of the Net Operating Cash Flow attributable to the Borrower's interest in all Minority Holdings, and the FMV Cap Rate, will at no time exceed $25,000,000.

• The quotient of the -------------------------------- Net Operating Cash Flow attributable to the Borrower's interest in all Minority Holdings, and the FMV Cap Rate, will at no time exceed $25,000,000.

More Definitions of FMV Cap Rate

FMV Cap Rate means eight percent (8%).”

FMV Cap Rate means 8.0%.

FMV Cap Rate means (a) 6.75% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (b) 5.75% for any multi-family residential property, (c) 6.00% for any life science property and (d) 6.75% for any retail property (other than any retail component of a mixed-use office property described in clause (a) above).

FMV Cap Rate means ten percent (10%).

FMV Cap Rate means (a) 6.00% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (b) 6.00% for any multi-family residential property and (c) 6.75% for any retail property (other than any retail component of a mixed-use office property described in clause (a) above).

FMV Cap Rate means eight and one half percent (8 1/2 %). "Foreign Property Interests" shall have the meaning set forth in

FMV Cap Rate means (a) 6.00% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (b) 6.00% for any multi-family residential property and (c) 6.75% for any retail property (other than any retail component of a mixed-use office property described in clause (a) above) (provided, that if at any time such rate under the Primary Credit Facility at such time is greater or less than 6.00% or 6.75%, as applicable, the rate under this definition shall be such greater or lesser amount for so long as such greater or lesser amount shall remain in effect under such Primary Credit Facility; provided, further, that if at any time such rate, or a similar rate, under the Primary Credit Facility is modified, or included, to apply differently based on the property to which it applies, the applicable rate under this definition shall be similarly modified, or included, to apply differently based on the property to which it applies for so long as such rate shall remain in effect under such Primary Credit Facility; provided, further, that notwithstanding the foregoing, in no event shall the “FMV Cap Rate” at any time be less than (i) 5.00% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (ii) 5.00% for any multi-family residential property and (iii) 5.75% for any retail property (other than any retail component of a mixed-use office property described in clause (i) above)).