Pro Forma Costs definition

Pro Forma Costs means the pro forma cost for each Development --------------- Property set forth on Exhibit G, attached hereto and by this --------- reference made a part hereof.

Examples of Pro Forma Costs in a sentence

  • For any Development Property whose Contribution Date is after March 31, 1997, the Contribution Value shall equal the greater of (A) the Net Operating Income of that Development Property determined as of the Contribution Date divided by decimal one zero two five (.1025), or (B) the applicable Pro Forma Costs (which Pro Forma Costs shall be reduced by those amounts not yet expended for tenant finish, related lease commissions and other costs attributable to space not yet leased).