NPV means net present value;
NPV with respect to any Asset shall mean the discounted value as estimated on the date of valuation, of the free cash flows (reflecting the then prevailing market value of the underlying land as on valuation date) expected to be generated by the said Asset from the valuation date for economic life or lift of such asset as intended under the current Master Plan whichever is lower, assuming no residual value of the Asset at the end of such economic life or term, whichever is earlier;
NPV means the sum of the present value at any given time of the monthly benefits to be paid, using a discount rate equal to the long-term applicable federal rate then in effect (determined under Section 1274(d) of the Code), compounded semiannually. For purposes of determining NPV of Executive’s Retirement Benefit (or Partial Retirement Benefit) where Executive Retires prior to attaining age 55, it shall be assumed that Executive’s Retirement Benefit (or Partial Retirement Benefit) would have commenced at the date on which Executive would have attained age 55 and the NPV of such Retirement Benefit (or Partial Retirement Benefit) shall equal the present value of such Benefit at age 55 discounted back to the Executive’s actual age at Retirement using the rate prescribed in the preceding sentence. Executive’s age for purposes of this Agreement shall be Executive’s age at his nearest birthday.”
Examples of NPV in a sentence
Yes 9 If owner-occupied: 10 Borrower current gross annual income 42,000 11 Estimated NPV of loan mod 195,000 12 Most recent BPO 235,000 13 Most recent BPO date 1/21/09 Foreclosure Loss calculation 16 Loan Principal balance after last paid installment 300,000 17 Accrued interest, limited to 90 days 6,000 18 Attorney's fees 0 Foreclosure costs, including title search, filing fees, 19 advertising, etc.
To calculate the total efficiency gain the annual efficiency gains in NPV terms are added.
The financial and economic viability of an investment usually is assessed by means of the Net Present Value (NPV) and the Internal Rate of Return (IRR).
More Definitions of NPV
NPV means, with respect to any Mortgaged Property or REO Property relating to a Mortgage Loan, the net property value of such Mortgaged Property or REO Property, as determined by Borrower (which shall equal the net adjusted proceeds amount as determined by Borrower’s accretion model on a monthly basis) by reference to the most recently available Appraised Value of such property; provided that such determination may be adjusted further by Lender in its sole discretion by subtracting therefrom all outstanding and reasonably anticipated costs and expenses in connection with such Mortgage Loan, including without limitation, all Protective Advances and the foreclosure and liquidation of the related Mortgaged Property or REO Property, as applicable.
NPV means the sum of the present value at any given time of the monthly benefits to be paid, using a discount rate equal to the long-term applicable federal rate then in effect (determined under Section 1274(d) of the Code), compounded semiannually. For purposes of calculating NPV where monthly benefits have not yet commenced, it shall be assumed that such benefits would have commenced at the earliest date such benefits could have commenced (i.e., at age 55, or if Executive has attained age 55, immediately).
NPV means, as of any date of the determination, the sum of (i) with respect to any proved and probable reserves expected to be produced from any undivided interests in Borrowing Base Properties, the net present value, discounted at 10% per annum, of the future net revenues expected to accrue to any Credit Party’s interests in such reserves (after deducting all existing burdens) during the remaining expected economic lives of such reserves plus (ii) Pipeline EBITDA for the trailing 12 month period ending on the date of the determination multiplied by ten. Each calculation of such expected future net revenues with respect to the proved and probable reserves shall be made in accordance with the then existing guidelines established by the Securities and Exchange Commission for valuing Oil and Gas Interests or, in the case of probable reserves, the Society of Petroleum Engineers; provided that in any event (a) appropriate deductions shall be made for severance and ad valorem taxes, and for operating (including purchasing and injecting water), gathering, transportation and marketing costs required for the production and sale of such reserves including annual increases in such costs of 3% per year, (b) the pricing assumptions and escalations used in determining the net present value of proved and probable reserves for any particular reserves shall be the Agreed Pricing (or any other pricing assumptions to which the Borrower and the Required Lenders may agree) and (c) appropriate deductions shall be made for capital expenditures (including plugging and abandonment costs and annual increases in the cost of such capital expenditures of at least 3% per year) approved in writing by the Administrative Agent in which internal cash flow is available to support such expenditures. For each date of determination, net present value shall be calculated hereunder based on the then most recent Reserve Report, either by the Borrower, by the Administrative Agent, or by the engineering firm who prepares such Reserve Report; in the event of any conflict, the Administrative Agent’s calculation shall be conclusive and final.
NPV means, with respect to any Proved Reserves expected to be produced from any Oil and Gas Properties, the net present value, discounted at 9% per annum, of the future net revenues expected to accrue to the Borrower’s and its Subsidiaries’ collective interests in such reserves during the remaining expected economic lives of such reserves. Each calculation of such expected future net revenues shall be made in accordance with the then existing standards of the Society of Petroleum Engineers, provided that in any event:
NPV means, with respect to any Proved Reserves expected to be produced from any Properties, the net present value, discounted at 10% per annum, of the future net revenues expected to accrue to Borrower's interests in such reserves during the remaining expected economic lives of such reserves. Each calculation of such expected future net revenues shall be made in accordance with the then existing standards of the Society of Petroleum Engineers, provided that in any event (i) appropriate deductions shall be made for Direct Taxes, operating, gathering, transportation and marketing costs, and any capital expenditures required for the production and sale of such reserves, and (ii) the pricing assumptions and escalations used in determining NPV for any particular reserves shall be the TCW Pricing. NPV shall be calculated hereunder in connection with each Engineering Report, either by Borrower, Tamco or the engineering firm who prepares such Engineering Report; in the event of any conflict, Tamco's calculation shall be conclusive and final.
NPV means, with respect to any Proved Reserves, the present value ascribed to such Proved Reserves (taking into account the cash flows and expenses, including capital expenditures, associated therewith) in the most recent Reserve Report, based upon the economic assumptions (including the discount rate) provided to the Approved Petroleum Engineers by the Administrative Agent.
NPV shall have meaning as specified in Clause 36.3