Property Value means the fair market value of the real property, as remediated, less
Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.
Property Value means Annualized Modified Adjusted NOI for all Stabilized Properties divided by the Capitalization Rate; provided that a Stabilized Property that has a negative Adjusted NOI for the most recently ended quarter shall be valued at zero.
Examples of Property Value in a sentence
Valuation of Investments: At least daily, the Investment Property Value shall be determined on a mark-to-market basis as follows: The Investment Advisor shall determine the market value of the specific investment holdings for the Michigan CLASS portfolio.
The Custodian will maintain insurance coverage of the types and amounts reasonably appropriate based on the Investment Property Value of Michigan CLASS, as agreed to by the Board, in accordance with the provisions set forth in Exhibit H.
The County shall rebate each year to the Company the amount of real property taxes paid by the Company which exceed the then-applicable real property tax rate applied to the Baseline Property Value.
More Definitions of Property Value
Property Value means the aggregate of:
Property Value. With respect to any Mortgage Loan, the Property Value of the related Mortgaged Property shall be: (i) with respect to a Mortgage Loan other than a Refinancing Mortgage Loan, the least of (a) the value of the Mortgaged Property based upon the appraisal made at the time of the origination of such Mortgage Loan, (b) the sales price of the Mortgaged Property at the time of the origination of such Mortgage Loan and (c) the value of the Mortgaged Property determined by the Seller based upon a review of the appraisal made in accordance with clause (a); and (ii) with respect to a Refinancing Mortgage Loan, the lesser of (a) the value of the Mortgaged Property based upon the appraisal made at the time of the origination of such Refinancing Mortgage Loan and (b) the value of the Mortgaged Property determined by the Seller based upon a review of the appraisal made in accordance with clause (a).
Property Value means the fair market value of the real property, as remediated, less any reduction in value attributable to the stigma of pollution; and
Property Value means either (a) if within two years of the Company's or its Subsidiary's acquisition of the Property and absent a later dated Appraisal of the Property then the gross purchase price of the Property; or (b) if on or after the second anniversary of the acquisition of the Property by the Company or its Subsidiary, then the appraised value of the Property in accordance with the Appraisal required under Section 4.07 hereof.
Property Value means, with respect to each Mortgage Loan, the value of the related Mortgaged Property, as determined in accordance with FHA Regulations, provided that the Property Value shall not be greater than the Appraised Value of such Mortgaged Property.
Property Value means: (i) with respect to any Property owned directly or indirectly by the Borrower or Guarantor for less than eighteen (18) months, the current Property Investment Value of such Property; and (ii) with respect to any Property owned directly or indirectly by the Borrower, or Guarantor for more than eighteen (18) months, the greater of (x) the Net Operating Income for such Property for the most recently completed calendar quarter annualized divided by the Capitalization Rate and (y) zero. A Property contributed to a joint venture by the Borrower or Guarantor shall be deemed to have been owned by such joint venture from the date of such contribution. A Property acquired from a joint venture in which the Borrower or any Subsidiary or Affiliate is a member shall be deemed to have been owned from the date acquired from such joint venture but in such event, the references in this definition to eighteen months shall be changed to twelve months with respect to such Property.