Other Assets Value definition
Other Assets Value means, at the date of determination thereof, the value of the Other Assets as determined in accordance with GAAP.
Other Assets Value means, at the date of determination
Other Assets Value shall be the net book value of all assets and liabilities on the GAAP balance sheet of the Limited Partnership (determined on an accrual basis) as of the date of the Appraisal, other than cash and short-term deposits (but including escrowed funds controlled by third parties), indebtedness (as reflected on Exhibit D) and the Properties. ---------
More Definitions of Other Assets Value
Other Assets Value means, at the date of determination thereof, the value of the Other Assets as determined in accordance with GAAP. “Permitted Liens” shall mean (a) Liens for taxes, assessments or other governmental charges or levies not delinquent, or, being contested in good
Other Assets Value means, at the date of determination thereof, the value of the Other Assets as determined in accordance with GAAP. "Permitted Liens" shall mean (a) Liens for taxes, assessments or other governmental charges or levies not delinquent, or, being contested in good faith and by appropriate proceedings and with respect to which proper reserves have been taken by Borrower; provided, that, the Lien shall have no effect on the -------- ---- priority of the Liens in favor of Lender or the value of the assets in which Lender has such a Lien and a stay of enforcement of any such Lien shall be in effect; (b) deposits or pledges securing obligations under worker's compensation, unemployment insurance, social security or public liability laws or similar legislation; (c) deposits or pledges securing bids, tenders, 105
Other Assets Value means an amount equal to the value of the Other Assets as of the Measurement Time as set forth on the Closing Statement (subject to adjustment in accordance with Section 2.5), as determined in accordance with the Agreed Principles, as applicable.