Land Held for Sale definition

Land Held for Sale means, as of any date of determination, Land Parcels that are designated by Borrower as to be sold to any Person that is not an Affiliate of the Borrower.
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Land Held for Sale the property reflected on the face of the Latest Year-End Balance Sheet, and to be reflected on the face of the Estimated Closing Date Balance Sheet and the Closing Date Balance Sheet, under "Current Assets" as "Land Held for Sale. The "Land Held for Sale Amount" is $569,808.00.
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Land Held for Sale. The "Land Held for Sale Amount" is $569,808.00.
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Examples of Land Held for Sale in a sentence

  • Land Held for Sale Land held for sale includes costs of land acquisition and development on property held for eventual sale.

  • Land Held for Sale Land held for sale is recorded at the lower of cost or net realizable value.

  • Committee Reports Leadership Committee report on support for Regional Planning Alliance will be presented at the meeting.Board of Delegates Agenda January 14, 2004Page 5 16.

  • Land Held for Sale – Land held for sale consists of 138 acres of land at the former Bethlehem Steel property in Lackawanna, NY and 236 acres of land at the former Angola Airport site in Evans, NY.

  • Land Held for Sale Land held for development and sale is valued at the lower of cost and net realisable value.

  • Land Held for Sale Land held for development and resale is valued at the lower of cost and net realisable value.

  • Asset Valuation - Land Held for Sale We record assets held for sale at the lower of the asset's carrying value or fair value less costs to sell.

  • Question three The balance sheet of May finance report presented to the June meeting shows a change the value of Land Held for Sale from June 2020 of $10.2mill to a May value of $5.4mill.

  • The increase of Land Held for Sale is due to the increase in Loose‐fill Asbestos Insulation Eradication Scheme remediated land being transferred from Land Assets to Assets Held For Sale.

  • Depreciation is char"'cred to expense using the declining balance method over the estimated useful lives of the assets.The estimated useful lives for each major depreciable classification of premises and equipment are as follows:Buildings and improvements Equipment35-40 years3 -5 years Land Held for Sale Land held for sale is carried at the lower of cost or fair value.

Related to Land Held for Sale

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • Motor vehicle surface means any pervious or impervious surface that is intended to be used by “motor vehicles” and/or aircraft, and is directly exposed to precipitation including, but not limited to, driveways, parking areas, parking garages, roads, racetracks, and runways.

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Distressed merchandise means an alcoholic product in the possession of the

  • All-terrain vehicle means either of the following:

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Placed for adoption means the assumption and retention of a legal obligation by a person for the total or partial support of a child in anticipation of adoption of the child. If the legal obligation ceases to exist, the child is no longer considered placed for adoption. [PL 1993, c. 666, Pt. A, §1 (NEW).]

  • Land Act means the Land Xxx 0000;

  • Distressed municipality means a municipality that is qualified

  • Eligible municipality means any of the following:

  • tender for income-generating contracts means a written offer in the form determined by an organ of state in response to an invitation for the origination of income-generating contracts through any method envisaged in legislation that will result in a legal agreement between the organ of state and a third party that produces revenue for the organ of state, and includes, but is not limited to, leasing and disposal of assets and concession contracts, excluding direct sales and disposal of assets through public auctions; and

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Manufactured dwelling park means a place where four or more manufactured dwellings

  • Eligible Substitute Mortgage Loan With respect to a Mortgage Loan substituted by the Transferor for a Deleted Mortgage Loan, a Mortgage Loan which must, on the date of such substitution, (i) have a Principal Balance, (or, in the case of a substitution of more than one mortgage loan for a Deleted Mortgage Loan, an aggregate Principal Balance), not in excess of, and not more than 10% less than the Principal Balance of the Deleted Mortgage Loan; (ii) be accruing interest at a rate no lower than and not more than 1% per annum higher than, that of the Deleted Mortgage Loan; (iii) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (iv) have a remaining term to maturity no greater than (and not more than one year less than that of) the Deleted Mortgage Loan; (v) comply with each representation and warranty set forth in Section 2.03 hereof; (vi) be the same credit grade category as the Deleted Mortgage Loan; (vii) have the same prepayment penalty term; and (viii) not be a Cooperative Mortgage Loan unless the Deleted Mortgage Loan was a Cooperative Mortgage Loan.

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • Federally Qualified Health Center means a non-administrative medical facility with a fixed permanent location that is identified on the following search engines and offers health services on a sliding scale payment system: http://findahealthcenter.hrsa.gov or http://www.ihs.gov/ or http://www.aachc.org/.

  • Municipal Act means the Municipal Act, 2001, S.O. 2001, c. 25, as amended;

  • Land application means the spraying or spreading of sewage sludge onto the land surface, the injection of sewage sludge below the land surface, or the incorporation of sewage sludge into the soil for the purposes of conditioning the soil or fertilizing crops or vegetation grown in the soil.

  • New manufactured home park or subdivision means a manufactured home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed on or after the effective date of this ordinance or the effective date of the initial floodplain management ordinance and includes any subsequent improvements to such structure.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Uninsured motor vehicle means a land motor vehicle or trailer of any type:

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Manufactured Home Park or Subdivision means a parcel (or contiguous parcels) of land divided into two or more manufactured home lots for rent or sale.