Property Acquisition Cost means the cost to the Lessor to purchase a Property on a Property Closing Date.
Property Acquisition Cost means, with respect to any portion of the Property, the amount funded by the Lessor under the Participation Agreement to pay the Existing Owner for the purchase price of such portion of the Property as set forth in the Acquisition Request therefor.
Examples of Property Acquisition Cost in a sentence
On each Business Day, HGI shall initiate a series of proposed Electronic Funds Transfers in order to withdraw from an HGI Exchange Account and transfer to one or more Joint Disbursement Accounts on such day amounts to fund the aggregate Replacement Property Acquisition Cost on such day in accordance with the report delivered pursuant to Section 4.03(a) hereof and shall notify the QI of such proposed Electronic Funds Transfers.
In the event that the Escrow Funds with respect to any Legal Entity are insufficient to pay the Replacement Property Acquisition Cost incurred by such Legal Entity, such Legal Entity may transfer Additional Subsidies directly to such Legal Entity’s Exchange Account or a Joint Disbursement Account in an amount sufficient for the QI to acquire the applicable Replacement Property.
The CONTRACTOR shall incorporate the foregoing requirements of this Paragraph 14.02 in all subcontracts, if any, for services or products covered by this Contract.
CDBG Disaster funds can be used towards the local match required by the Flood Property Acquisition Cost Share Program administered by the North Dakota State Water Commission.
CDBG DISASTER funds can be used towards the local match required by the Flood Property Acquisition Cost Share Program administered by the North Dakota Dept.
More Definitions of Property Acquisition Cost
Property Acquisition Cost means the amount paid by Operating Partnership to identify, analyze and purchase one or more Subject Interests, and shall include, in addition to the price actually paid for such Subject Interests, bonuses and all expenses relating to the acquisition of Subject Interests. The expenses relating to the acquisition of Subject Interests shall include, but not be limited to: (i) title insurance and title examination costs, brokers' commissions, finders' fees, escrow fees, filing fees, recording costs, and transfer taxes, if any; (ii) taxes paid in connection with acquisition of the Subject Interests, including, but not limited to, ad valorem, real estate, personal property and excise taxes paid; (iii) geological, geophysical, seismic, land, engineering, drafting, accounting, auditing, legal and other costs incurred in connection with the property transaction; (iv) Development Costs and Secondary or Tertiary recovery costs undertaken on the property by the Operating Partnership prior to creation of Nonoperating Interests burdening such property; and (v) such portion of the reasonable, necessary and actual expenses incurred by the Managing General Partner, its Affiliates or Operating Partnership not more than thirty-six months prior to the property transaction for geological, geophysical, seismic, land, nominee, engineering, drafting, accounting, auditing, legal or like services, Development Costs, and Secondary or Tertiary recovery costs obtained or provided by the Managing General Partner, its Affiliates or Operating Partnership which are allocated to the Subject Interests in accordance with accepted industry practice normally employed by the Managing General Partner and its Affiliates, including the costs of funds used for any of these purposes, inclusive of interest, loan commitment fees and other financing fees and charges for such funds. The Property Acquisition Cost for a particular Subject Interest shall also include all reasonable, necessary and actual expenses incurred by the Managing General Partner, its Affiliates or Operating Partnership for the services listed above in connection with the evaluation of properties which, for whatever reasons, are not subsequently purchased by Operating Partnership, and which expenses are allocated to that Subject Interest. If it is determined on or before the date of acquisition of a Producing Property that Development Costs or Secondary or Tertiary Recovery Operations should be undertaken on that property, and both ...
Property Acquisition Cost means the cost to the Lessor to acquire the Land and the Improvements and other costs incurred in connection therewith, including all professional fees and permitting, survey, title and other similar costs.
Property Acquisition Cost means the cost to the Lessor Parties for the Lessor to purchase the Property on the Property Closing Date (including Transaction Expenses). “Property Closing Date” shall mean the Initial Closing Date. “Property Cost” shall mean (a) the aggregate amount of the Lessor Advances (in each case, as such amounts shall be increased pro rata according to the Lessor Advances advanced or extended from time to time including to pay for the Transaction Expenses and Uninsured Force Majeure Losses) and (b) respecting the various amounts described in the foregoing subsection (a), all the occurrences and items giving rise to all such amounts. “PTEs” shall have the meaning given to such term in Section 12.24(a) of the Participation Agreement. “Punchlist Advance” shall have the meaning given to such term in Section 5.11 of the Participation Agreement. “Punchlist Deadline” shall have the meaning given to such term in Section 5.11 of the Participation Agreement. “Purchase Agreement” shall mean the Agreement of Purchase and Sale and Joint Escrow Instructions dated as of October 4, 2017 by and between Xxxxxx Land Company and the Lessee, without regard to any amendment, modification, extension, supplement, restatement and/or replacement thereof subsequent to such date. “Purchase Money Security Interest” shall mean Liens upon real or tangible personal property securing loans to any Credit Party or Subsidiary of a Credit Party or deferred payments by such Credit Party or Subsidiary for the purchase of such real or tangible personal property. “Purchase Option” shall have the meaning given to such term in Section 20.1 of the Lease.
Property Acquisition Cost means the cost to the Lessor to purchase a Property or, in the case of a Property subject to a Ground Lease, the initial cost to enter into such Ground Lease, on a Property Closing Date with respect to such Property, including all professional fees, and permitting, survey, title, freight and installation costs and other similar costs.
Property Acquisition Cost means the cost to Lessor to purchase a Property or, in the case of a Property subject to a Ground Lease, the initial cost to enter into such Ground Lease, on a Property Closing Date.
Property Acquisition Cost means, with respect to any portion of the ------------------------- Property, the amount funded by the Lessor under the Participation Agreement to pay the Existing Owner for the purchase price of such portion of the Property as set forth in the Acquisition Request therefor.
Property Acquisition Cost means, with respect to the Property, the amount funded by the Lessor under the Participation Agreement to pay the Existing Owner for the purchase price of the Existing Facility as set forth in the Acquisition Request therefor.