Initial Asset Value definition
Examples of Initial Asset Value in a sentence
The Company will pay the Advisor in cash or Units, or a combination of both, the form of payment to be determined in the sole discretion of the Advisor, as compensation for services including these described in Section 3.02, an acquisition fee of 2.0% of the Initial Asset Value of each real estate investment acquired by the Company, as well as reimburse the Advisor for all expenses incurred by the Advisor in connection with such services as required by Article 10.
For purposes of preparing the Estimated Closing Statement, Estimated Asset Value Statement, Initial Closing Statement, Initial Asset Value Statement, Final Closing Statement and Final Asset Value Statement and calculating any amounts required to be calculated therefrom, such statements shall be prepared as of the close of the last calendar day of the month immediately preceding the month in which the Closing occurs (the “Accounting Date”).
The Company will pay the Advisor in cash as compensation for services described in Section 3.02 an acquisition fee of 0.50% of the Initial Asset Value of each Asset or loan acquired by the Advisor as well as reimburse the Company for all out-of-pocket third-party expenses incurred by the Advisor in connection with such services as required by Article 10.
The Company will pay the Advisor in cash as compensation for services described in Section 3.02 an acquisition fee of 0.50% of the Initial Asset Value of each Asset acquired by the Advisor as well as reimburse the Company for all out-of-pocket third-party expenses incurred by the Advisor in connection with such services as required by Article 10.
The Company will pay the Advisor in cash as compensation for services described in Section 3.02 an acquisition fee of (i) 2.50% of the Initial Asset Value of each Initial Investment; and (ii) 0.50% of the Initial Asset Value of each Subsequent Investment.
The Company will pay the Advisor in cash or Units, or a combination of both, the form of payment to be determined in the sole discretion of the Advisor, as compensation for services including those described in Section 3.02, an acquisition fee of 2.25% of the Initial Asset Value, as well as reimburse the Advisor for all expenses incurred by the Advisor in conjunction with such services as required by Article 10.
The Closing Statement of Value shall be accompanied by a statement (the "Adjustment Statement") prepared by the Company setting forth the amount, if any, by which the Closing Asset Value is less than the Initial Asset Value (the "Adjustment Amount").
The Company shall also determine the Asset Value of the Business as of the date of the Initial Asset/Liability Schedule based on the information set forth therein as to the net book value of the same categories of assets included in the Acquired Assets and the same categories of liabilities included in the Assumed Liabilities (the "Initial Asset Value").
Each of the Initial Closing Statement, Initial Asset Value Statement and the Initial Closing Required Asset Value Statement will be accompanied by reasonably detailed supporting documentation relating to the amounts and calculations therein.
The Company will pay the Advisor in cash as compensation for services described in Section 3.2 an acquisition fee of 2.25% of the Initial Asset Value of each Property acquired by the Advisor.