improvement value definition

improvement value means a determination of the fair actual value of the improvement, at the time Canada takes, or has relinquished to it, administration and control of the land, calculated in accordance with the method for calculating the fair actual value of improvements to land set out in territorial Legislation of general application relating to the assessment of taxes on real property in the Northwest Territories.
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improvement value means such part of the value of the land as is attributable to any building (or other structure) on the land other than any such building (or other structure) erected by or at the expense of—
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improvement value means the value of improvements placed on trust lands, which value is finally determined or accepted by the commissioner;
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Examples of improvement value in a sentence

  • The Project Operator agrees that the Building Improvement Value Goal for the Project is at least $55,000 per unit exclusive of land value which remains taxable.

  • Further, that the Project Operator, by initialing the date upon which the Property Tax Incentive is to begin, agrees that as a condition precedent for the City to start the tax incentive exemption period the Project must have met the minimum Building Improvement Value of $55,000 per unit.

  • The Project Operator agrees that the Building Improvement Value Goal for the Project is at least $150,000 exclusive of land value which remains taxable.

  • Further, that the Project Operator, by initialing the date upon which the Property Tax Incentive is to begin, agrees that as a condition precedent for the City to start the tax incentive exemption period the Project must have met the minimum Building Improvement Value of $150,000.00.

  • Further, that the Project Operator, by initialing the date upon which the Property Tax Incentive is to begin, agrees that as a condition precedent for the City to start the tax incentive exemption period the Project must have met the minimum Building Improvement Value of One Hundred Fifty Thousand Dollars ($150,000.00).

  • Further, that the Project Operator, by initialing the date upon which the Property Tax Incentive is to begin, agrees that as a condition precedent for the City to start the tax incentive exemption period the Project must have met the minimum Building Improvement Value of $150,000.

  • The Project Operator agrees that the Building Improvement Value Goal for the Project is at least One Hundred Fifty Thousand Dollars ($150,000.00) exclusive of land value which remains taxable.

  • Upon the conclusion of bidding as outlined in the Real Property Sale Pamphlet No. 63 for Okanogan 2019 Parcel L, and execution of the Report of Auction of State Lands and Memorandum of Auction for Xxxxxxxx 0000 Parcel L, the successful bidder, if other than Lessee, shall pay to the Department the Improvement Value.

  • Lessee shall act in good faith to clear all monetary encumbrances to title of the Improvements and hereby authorizes the Department to pay such monetary encumbrances from the Improvement Value.

  • The landlord must receive a written notice of not extending the lease.


More Definitions of improvement value

improvement value means (again in short) such value, being no more than the Market Value, as is attributable at the date of the Disposal or deemed Disposal, to any improvement carried out to the Property by the Town Council, as is agreed between the parties (both acting reasonably) or, in the absence of agreement, determined by the District Valuer Service (or it’s replacement). However, any works of repair or reinstatement carried out following destruction or damage to the Property are not taken into account.
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improvement value means the fair market value of the Improvements, or portion constructed thereof, as determined by an independent appraiser to be paid for by Developer and mutually selected by the Parties from a pool of three appraisers chosen by the EDC.
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improvement value means the residual amount found by deducting the value of the unimproved land from the market value of the land;
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improvement value means such part of the value of the land as is attributable to
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Related to improvement value

  • Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Improvement means the acquisition, construction, installation, or maintenance of any tangible property with an estimated useful life of five years or more including, but not limited to, the following:

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Present Value means the amount as of a date certain of one or more sums payable in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties if the rate was not manifestly unreasonable at the time the transaction was entered into; otherwise, the discount is determined by a commercially reasonable rate that takes into account the facts and circumstances of each case at the time the transaction was entered into.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Hedge Termination Value means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender).

  • Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.

  • Planned special exposure means an infrequent exposure to radiation, separate from and in addition to the annual occupational dose limits.

  • Equalized assessed value means the assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with sections 1, 5, and 6 of P.L.1973, c.123 (C.54:1-35a through C.54:1-35c).

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.