Revalued Property definition

Revalued Property is defined in Section 3.5.3.2.
Sample 1Sample 2Sample 3
Revalued Property means any Property the Carrying Value of which has been adjusted in accordance with ¶ 3.7(a) or (b).
Sample 1Sample 2
Revalued Property means any Property the Carrying Value of which has been adjusted in accordance with Paragraph 3.07(a) or (b). If a Revalued Property is deemed distributed by, and recontributed to, the Company for federal income tax purposes upon a termination of the Company pursuant to Code Sec. 708, such Property shall constitute a Contributed Property until the Carrying Value of such Property is subsequently adjusted (if at all) pursuant to Paragraph 3.07(a) or (b).
Sample 1Sample 2

Examples of Revalued Property in a sentence

  • Effective Tax Rate and Saleof Revalued Property 2 6 Balance at March 31, 2000$471$2,186$2,218$241$1,813$(1)See accompanying notes.

  • A Primer on Allocations with Respect to Contributedand Revalued Property Section 704(c) 99-1Andrew N.

  • Carrying Amount of Revalued Property, Plant and EquipmentThe valuations of certain property, plant and equipment have been brought forward without amendment from the latest audited annual financial statements.

  • Revalued Property, Plant and Equipment are carried at revalued amounts less any subsequent depreciation thereon.

  • Effective Tax Rate and Saleof Revalued Property 2 6 Balance at March 31, 2000 $471$2,186$2,218$241$1,813$(1)See accompanying notes.

  • Efforts made to collect the debt or seek other relief before filing suit.

  • Carrying Amount of Revalued Property, Plant and Equipment The valuations of certain property, plant and equipment have been brought forward without amendment from the latest audited annual financial statements.

  • GDV Valuation Basis - The revaluation surplus/deficit for each of the Revalued Property is based on the GDV valuation basis, where available.

  • We have reviewed and are satisfied with the bases and assumptions used by the Valuer in deriving the valuation for the Revalued Property Assets.

  • Revalued Property, Plant & Equipment were stated at revalued amounts less accumulated Depreciation.


More Definitions of Revalued Property

Revalued Property shall have the meaning set forth in Section 5.05(a)(i)(C).
Sample 1
Revalued Property is defined in Section 3.5.3.2, and includes the El Segundo Land.
Sample 1

Related to Revalued Property

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Excepted Property has the meaning specified in the granting clauses of this Indenture.

  • Protected Property means each property identified on Exhibit A hereto and each property acquired in Exchange for a Protected Property as set forth in Section 2.1(b).

  • Blighted property means property that meets any of the following criteria:

  • Restricted Property means (a) any property of the Company located within the United States of America that, in the opinion of the Company’s board of directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property.

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Surplus property means excess personal property not required by any Federal agency as determined by the Administrator of the General Services Administration (GSA).

  • New property means (i) the assessed value, after final

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Distributed Property shall have the meaning specified in Section 14.04(c).

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].

  • Agreed Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution as determined by the General Partner. The General Partner shall use such method as it determines to be appropriate to allocate the aggregate Agreed Value of Contributed Properties contributed to the Partnership in a single or integrated transaction among each separate property on a basis proportional to the fair market value of each Contributed Property.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.