Property Adjustment Amount definition

Property Adjustment Amount means the aggregate amount of the implied values calculated in accordance with Section 5.21(a) with respect to all Unowned Acquired Company Properties and Unleased Ground Leased Acquired Company Properties, if any.
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Property Adjustment Amount shall have the meaning set forth in Section 2.03.
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Property Adjustment Amount is defined in Section 11.02.
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Examples of Property Adjustment Amount in a sentence

  • Each of the Property Adjustment Amount, the Closing Date Credit Amount and the Closing Date Working Capital as shown on the Final Adjustment Statement shall be referred to as the “Final Property Adjustment Amount,” the “Final Closing Date Credit Amount” and the “Final Closing Working Capital,” respectively.

  • If POPLP and each Purchasing Party do not agree on the Property Adjustment Amount by the Closing, then the Closing will take place without adjustment for the Property Adjustment Amount and the provisions of Section 11.04 shall apply.

  • If the net Property Adjustment Amount is a credit to POPLP, such Property Adjustment Amount shall be added to the Gross Initial Contribution Asset Value.

  • If POPLP and each Purchasing Party do not agree on the Property Adjustment Amount and/or the Post-Closing Adjustment Amount within the ninety (90) day period, after the Closing, then either POPLP, CPPIB or TIAA/SP will have the right to commence a proceeding in a court of competent jurisdiction within sixty (60) days after such ninety (90) day period to determine the correct Property Adjustment Amount and/or Post-Closing Adjustment Amount.

  • For purposes of clarity, the Property Adjustment Amount and the Post-Closing Adjustment Amount are not Default Losses and shall not be included in any calculation of the Floor Amount or the Cap Amount.

  • If the net Property Adjustment Amount is a credit to the Company, then it will be subtracted from the Gross Initial Contribution Asset Value for purposes of determining the Gross Initial Contribution Asset Value for purposes of determining the Adjusted Contribution Asset Value Amount and the Aggregate PP Closing Date Payment Amount.

  • If the net Property Adjustment Amount is a credit to the Company, such Property Adjustment Amount shall be subtracted from the Gross Initial Contribution Asset Value.

  • In the case of Parent only, it will have the right to terminate this Agreement at any time after the Real Property Adjustment Amount exceeds $8,000,000.

  • If the Real Property Adjustment Amount is greater than $8,000,000, Parent may, in its sole discretion, terminate the Agreement pursuant to Section 8.1(h) of this Agreement.