Reduction in value definition

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;
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Reduction in value means any claim, demand or “suit” that alleges diminution, impairment or devaluation of property.
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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.
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Examples of Reduction in value in a sentence

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

  • Risk Management (i) Discuss the Company’s guidelines, policies and processes with respect to risk assessment and risk management, including by reviewing enterprise risks, the Company’s major financial and information technology risk exposures, including cybersecurity, data privacy, data security, and related risks and the steps management has taken to monitor and mitigate such exposures.

  • Reduction in value is intended to reflect declining prices in real estate markets.

  • And for this, we need to know who should be accorded discursive respect in public justification.

  • Amendments to Sections R477-7-13, R477-7-16 and R477-7-17 simply require agencies to comply with appropriate state and federal laws when an employee returns to work from leave of absence without pay, workers' compensation or long term disability.

  • The cost of improving or altering Your Boat.2. Reduction in value of Your Boat due to repairs or unrepaired Damage;3.

  • Reduction in value is considered more than cosmetic and may be considered for payment.

  • 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.

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

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


More Definitions of Reduction in value

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.
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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.
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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.
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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.
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Reduction in value means the actual or alleged diminution in value or loss of use of tangible property, whether or not physically damaged.
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Related to Reduction in value

  • 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"):

  • 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).

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value:

  • Baseline Value means $182.11, the per share closing price of the Common Stock reported by The New York Stock Exchange for the last trading date preceding January 1, 2015. For purposes of the REIT Index and S&P Index measures used in determining the attainment of each of the respective Relative TSR Goals, the baseline value for each shall also be the ending value of the applicable index as of the last day of the year prior to the Effective Date.

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

  • 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.

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

  • Knock-in Value means the Underlying Reference Value.

  • 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.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.