Property Amount definition

Property Amount means $17 million or, in the discretion of the Committee, the current value of the land on which the Project is located, as determined (prior to December 31, 2000) by the Committee, if higher.

Property Amount means, with respect to any Mortgaged Property and as of any date of determination, an amount equal to 65% of the Appraised Value of such Mortgaged Property.

Property Amount for each Lease Property, shall mean an amount equal the product of (x) the Final Allocated Purchase Price for such Lease Property, multiplied by (y) the Capitalization Factor, multiplied by (z) the Actual Occupancy Percentage of such Lease Property.

Examples of Property Amount in a sentence

• Besides of the statement that already in 1929, the company with which the author was associated shot blasted springs, for the first time the results of a systematic study of the influence of a process parameter on the fatigue behaviour of blasted springs were presented.

• The term Property Amount, for each Lease Property, shall have the meaning ascribed thereto on Exhibit E hereto.

• The amount of Exchange Property to be delivered shall be determined by dividing the Net Exchange Property Amount by the Exchange Property Average Price.

• Xxxxx will reimburse LINN for the Operating Property Amount in accordance with Section 5.4. Prior to the end of the Transition Period, LINN will convey the Hill Field Offices to Xxxxx using a Special Warranty Deed in a form substantially similar to Exhibit G.

• Without limiting the generality of the foregoing, before an increase in Appraised Value with respect to a Mortgaged Property may be taken into account in calculating the Property Amount with respect to such Mortgaged Property, Borrower must amend the applicable Mortgage to secure the full amount of the increased Appraised Value.

More Definitions of Property Amount

Property Amount means, as of any date of determination with respect to any Designated Pool A Property, the following:

Property Amount means, with respect to any Designated Mortgaged Property and as of any date of determination, the following:

Property Amount contained in subsection 1.1 of the Credit Agreement is hereby amended by deleting the phrase "two Designated Pool A Properties" from clause (ii) of such definition and substituting the phrase "three Designated Pool A Properties (other than the Atlanta Airport Property)" therefor.

Property Amount means the amount set forth for a Property on Exhibit C hereto.

Property Amount means the amount set forth for a Property on EXHIBIT C hereto. "PROPERTY GROSS REVENUE" means, for any period and with respect to a Property, all Receipts resulting from the operation of such Property, including, without limitation, Rents or 120 other payments from Tenants, licensees and concessionaires and business interruption and rental loss insurance payments; PROVIDED that Property Gross Revenue shall exclude (i) excise, sales, use, occupancy and similar taxes and charges collected from Tenants and remitted to Governmental Authorities, (ii) gratuities collected for employees of such Property, (iii) security deposits and other advance deposits, until and unless same are forfeited to Borrower or applied for the purpose for which collected, (iv) federal, state or municipal excise, sales, use or similar taxes collected directly from Tenants or included as part of the sales price of any goods or services, and (v) Extraordinary Receipts.

Property Amount means, with respect to any Mortgaged Property and as of any date of determination, an amount equal to 65% of the Appraised Value of such Mortgaged Property; PROVIDED, HOWEVER, that, with respect to the Blue Xxxx Properties, if at any point, Xxxxxx Xxxxxxxxxxx or any other tenant thereof is given a credit rating equal to BB- or below by S&P, then the Property Amount, with respect to the Blue Xxxx Properties only and as of any date of determination, shall mean an amount equal to 60% of the Appraised Value of the Blue Xxxx Properties.

Property Amount means, for each Property subject to this Lease, the product of (i) the Agreed Upon Purchase Price for such Property, multiplied by (ii) 0.08549, multiplied by (iii) the Occupancy Percentage of such Property.