Examples of Initial Yield in a sentence
On the Closing Date, the Seller shall deposit an amount equal to the Initial Yield Supplement Amount into the Yield Supplement Account from the net proceeds of the sale of the Notes.
Supplement Agreement and the Securities Account Control Agreement, the Trust will grant to the Indenture Trustee, for the benefit of the Noteholders, a security interest in all funds (including Eligible Investments) in the Yield Supplement Account (including the Initial Yield Supplement Amount) and the proceeds thereof to secure the payment of interest on the Notes, and the Indenture Trustee shall have all of the rights of a secured party under the UCC with respect thereto.
One approach to value the property on this basis is to capitalise net rental income on the basis of an Initial Yield, generally referred to as the ‘All Risks Yield’ approach or ‘Net Initial Yield’ approach.The Discounted Cash Flow Method involves the projection of a series of periodic cash flows either to an operating property or a development property.
On the Closing Date, the Seller shall cause to be deposited into the Yield Supplement Account the Initial Yield Supplement Account Deposit Amount.
EPRA Net Initial Yield (‘NIY’)EPRA NIY is calculated as the annualised rental income based on the cash rents passing at the balance sheet date less non-recoverable property operating expenses, divided by the gross market value of the property (excluding those that are under development, held as PPE or occupied by CLS).