Reduction in value definition

Reduction in value means any claim, demand or “suit” that alleges diminution, impairment or devaluation of property.
Sample 1Sample 2
Reduction in value means a reduction in the value of the Vehicle or Accessories as a result of damage to the Vehicle or Accessories which occurs during the Rental Period, which will be calculated as an amount equal to Hertz’s reasonable assessment of the cost of repairing or replacing the Vehicle or Accessories to their original state, irrespective of whether or not Hertz elects to repair or replace the Vehicle or Accessories either immediately or at all;
Sample 1Sample 2
Reduction in value means a reduction in the fair market value of the property before and after application of the regulation, and shall include the net cost to the landowner of an affirmative obligation to protect, provide, or preserve wildlife habitat, natural areas, wetlands, ecosystems, scenery, open space, historical, archaeological or cultural resources, or low income housing.
Sample 1

Examples of Reduction in value in a sentence

  • Reduction in value on fixed income securities shall be recorded in the income statement when the reimbursement at redemption date is partly or fully uncertain or compromised.

  • Reduction in value of antiques, paintings and works of art because of repairs.

  • Reduction in value or depreciation arising from loss or damage or repairs or restoration.

  • Reduction in value stream inventory levels helps to improve responsiveness to changes in customer demand.

  • Reduction in value of delays within the train path shall not be deducted - the resulting summary of delays may be greater than the total train delay.

  • Depreciation Reduction in value of property through use, ageing, deterioration and obsolescence.

  • Reduction in value of financial asset or a group of financial assets only in case if there are objective evidence proving that such reduction in value has occurred in the result of one or several cases occurred after initial recognition of assets (“loss occurrence”), and if this case has had credible and measurable impact on estimated future cash flows of financial asset of a group of them.

  • The Company uses the latest market transaction price for these securities, obtained from the entity, to value these marketable securities.Marketable securities included in level 3Balance, December 31, 2021$0.4 Reduction in value of marketable securities— Change in fair value reported in OCI, net of income taxes— Balance, December 31, 2022$0.4 Bond fund investmentsThe fair value of bond fund investments included in Level 1 is measured using quoted prices (unadjusted) in active markets.

  • It is not possible to provide accurate estimates of the financial effects of the pandemic on the group, which is inherently uncertain, but the following are potential future financial effects:- Reduction in value of investments;- Impact on service levels and revenue;- Foreign exchange losses due to exposure to foreign suppliers; and- Bad debts due to customer payments defaults.The group has a Business Continuity Plan (BCP) in place, which sets out its response to the management of epidemics.

  • The input and output price risks are mostly affected by the prevailing commodity price, interest rate and the exchange rate.With the credit risk we also understand that some of our customers will delay or even fail to make payment at the appropriate time.Pure risks that can affect the firm are; ✓ Reduction in value of our business due to physical damage and theft.


More Definitions of Reduction in value

Reduction in value means the actual or alleged diminution in value or loss of use of tangible property, whether or not physically damaged.
Sample 1
Reduction in value as determined by the Owner for any Goods on a day, means the value of those Goods to the Owner had the Goods been returned in accordance with clause 11.1, less the value to the Owner of those Goods on that day.
Sample 1
Reduction in value means a reduction (from the Base Amount) in the value of the Company and the Subsidiaries as of the Closing Date but only to the extent such reduction is a natural and reasonably foreseeable consequence of the facts and circumstances giving rise to indemnification hereunder.
Sample 1
Reduction in value. Means the difference in the fair market value of the property before and after enactment, enforcement or application of a land use regulation as defined in this chapter. 2.90.030 Pre-filing conference.1) Before submitting a claim for compensation, the owner must schedule and attend a pre-filing conference with the city manager to discuss the claim. The pre-filing conference will follow the procedure set forth by the city manager and may include a filing fee and notice to neighbors, other organizations and agencies. The filing fee will be set by city council resolution. (2) To schedule a pre-filing conference, the owner must contact the city manager and pay the appropriate conference fee. The pre-filing conference is for the owner to provide a summary of the owner’s claim to the city manager, and for the city manager to provideinformation to the owner about regulations that may affect the claim. The city manager may provide the owner with a written summary of the pre-filing conference within 10 days after it is held.
Sample 1
Reduction in value as determined by the Owner for any Equipment on a day, means the value of that Equipment to the Owner had the Equipment been returned in accordance with clause 11.1, less the value to the Owner of that Equipment on that day. “Renter” means the person or persons named on the first page as the Renter, and if there is more than one, means each of them separately and every two or more of them jointly. “Renter” includes the Renter’s successors and assigns to whom the Owner has consented.
Sample 1

Related to Reduction in value

  • Diminution in Value in respect of the Project shall mean any reduction in the value, using the original fair market value (without regard to depreciation) as determined in Step 1 of Section 4.01 of this Fee Agreement, of the items which constitute a part of the Project and which are subject to FILOT Payments which may be caused by the Company’s or any Sponsor Affiliate’s removal and/or disposal of equipment pursuant to Section 4.04 hereof, or by its election to remove components of the Project as a result of any damage or destruction or any Condemnation Event with respect thereto.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

  • Loan Value means for any Loan that is not a Defaulted Receivable on any day (including the Cut-off Date) (A) with respect to Precomputed Loans, (i) the present value of the future Scheduled Payments discounted monthly at the applicable Implicit Rate of Return plus (ii) any past due Scheduled Payments reflected on the Servicer’s records plus (iii) the unamortized amounts of any purchase premiums minus (iv) the unamortized amounts of any purchase discounts and (B) with respect to Simple Interest Loans, (i) the balance reflected on the Servicer’s records plus (ii) the unamortized amounts of any purchase premiums minus (iii) the unamortized amounts of any purchase discounts. Defaulted Receivables that are Loans shall be deemed to have a Loan Value equal to the outstanding Loan Value at the time it became a Defaulted Receivable less the amount written off as uncollectible in accordance with the Credit and Collection Policy.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Total Asset Value means, without duplication, the sum of (a) the following amounts with respect to the following assets owned by the Company and its Subsidiaries: (i) the Operating Property Value of the Hotel Properties; (ii) the amount of all Unrestricted Cash and Cash Equivalents; (iii) the book value of all Development/Redevelopment Properties, Mortgage Receivables, Laundry Service Properties and Unimproved Land; and (iv) the contract purchase price for all assets under contract for purchase (to the extent included in Indebtedness); plus (b) the applicable Ownership Share of any Unconsolidated Affiliate of the Parent of any asset described in clause (a) above. For purposes of determining Total Asset Value, (u) to the extent the amount of Total Asset Value attributable to Unconsolidated Affiliates would exceed 15% of Total Asset Value, such excess shall be excluded, (v) to the extent the amount of Total Asset Value attributable to Mortgage Receivables would exceed 10% of Total Asset Value, such excess shall be excluded, (w) to the extent the amount of Total Asset Value attributable to Development/Redevelopment Properties would exceed 15% of Total Asset Value, such excess shall be excluded, (x) to the extent the amount of Total Asset Value attributable to Major Renovation Properties (elected to be valued pursuant to clause (c) of the definition of Operating Property Value) would exceed 15% of Total Asset Value, such excess shall be excluded, (y) to the extent the amount of Total Asset Value attributable to Unimproved Land would exceed 2.5% of Total Asset Value, such excess shall be excluded, and (z) to the extent the amount of Total Asset Value attributable to Properties subject to limitation under the foregoing clauses (u) through (y) would exceed 35% of Total Asset Value, such excess shall be excluded.

  • Unencumbered Total Asset Value as of any date means the sum of (1) those Undepreciated Real Estate Assets not encumbered by any mortgage, lien, charge, pledge or security interest and (2) all of Issuer’s and its Subsidiaries’ other assets on a consolidated basis determined in accordance with generally accepted accounting principles (but excluding intangibles), in each case which are unencumbered by any mortgage, lien, charge, pledge or security interest; provided, however, that, in determining Unencumbered Total Asset Value for purposes of Section 4.09(d) hereof, all investments by the Issuer and any of its Subsidiaries in unconsolidated joint ventures, unconsolidated limited partnerships, unconsolidated limited liability companies and other unconsolidated entities accounted for financial reporting purposes using the equity method of accounting in accordance with generally accepted accounting principles shall be excluded from Unencumbered Total Asset Value.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Stored value means monetary value that is evidenced by an electronic record.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Appraisal Reduction Amount shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Reduction Date has the meaning set forth in Section 20.1B.

  • Adjusted Value as used in subdivision (d) means:

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Attributable Value means, as to a Capitalized Lease Obligation under which any Person is at the time liable and at any date as of which the amount thereof is to be determined, the capitalized amount thereof that would appear on the face of a balance sheet of such Person in accordance with GAAP.

  • Knock-in Value means the Underlying Reference Value.

  • Capitalization Value means, at any time, the sum (without duplication) of:

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Cumulative Appraisal Reduction Amount As of any date of determination by the Special Servicer, the sum of (i) all Appraisal Reduction Amounts then in effect, and (ii) with respect to any AB Modified Loan, any Collateral Deficiency Amount then in effect. The Certificate Administrator and the Master Servicer shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Cumulative Appraisal Reduction Amount. None of the Master Servicer, the Trustee nor the Certificate Administrator shall calculate or verify any Cumulative Appraisal Reduction Amount.

  • Increase Amount is defined in Section 2.3(a).

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.