Stabilized NOI definition

Stabilized NOI means, for any period, (x) Effective Gross Revenues for such period less
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Stabilized NOI means the Net Operating Income for Phase I for the 12 month period following the Stabilization Date.
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Stabilized NOI means, for any period, (x) Effective Gross Revenues for such period less (y) Expenses for such period, as determined or approved by the Controlling Person.
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Examples of Stabilized NOI in a sentence

  • The LLC's accountants shall calculate the Incentive Fee promptly after they have sufficient information to accurately calculate Stabilized NOI.

  • Stabilized NOI for the following properties is included under Recently-Opened Properties/Redevelopment.

  • Use “NAP” for the “Commercial Real Estate Loan Committed U/W Stabilized NOI Debt Yield” and “Commercial Real Estate Loan Committed U/W Stabilized NCF Debt Yield” characteristics for any Mortgage Loan with an “Underwritten Stabilized NOI ($)” or “Underwritten Stabilized NCF ($)” of “NAP,” as applicable, as shown on the Final Data File.

  • Borrower shall, at all times during each Applicable Measurement Period, maintain a ratio of Unencumbered Stabilized NOI to Unsecured Interest Expense of not less than 2.0 to 1, in each case, as calculated with respect to the full fiscal quarter immediately preceding the first day of such Applicable Measurement Period.

  • As of March 31, 2020, there were $20.2 MM +$0.27 22 of these lease-up facilities, which will have an outsized contribution to NOI over the 1 Incremental NOI Impact per Estimated Stabilized NOI 2 share as of March 31, 2020 next couple of years.

  • For the purpose of this procedure, Shelter Growth, on behalf of the Issuer, instructed us to round the “Fully Funded Mortgage Loan Underwritten Stabilized NOI DSCR” to two decimal places.

  • Underwritten Stabilized NOI Underwriting File The underwritten stabilized net operating income, as stated in the Underwriting File.

  • Fully Funded Mortgage Loan Appraisal Stabilized NOI DSCR Calculation The Appraisal Stabilized NOI divided by the product of (i) the Annual Debt Service Payment (P&I) and (ii) the Commitment Original Balance ($) divided by the Mortgage Loan Cut-off Date Balance ($).

  • Use the “Commercial Real Estate Committed Annual Debt Service ($),” as shown on the Final Data File, to recalculate the “Commercial Real Estate Loan Committed Balance U/W Stabilized NOI DSCR,” and “Commercial Real Estate Loan Committed Balance U/W Stabilized NCF DSCR” characteristics for each Mortgage Loan, Attachment A Page 13 of 1717.

  • Homes Occupied Year-End 2016 Stabilized Occupancy Stabilized NOI Total Apt.


More Definitions of Stabilized NOI

Stabilized NOI means a static measurement of annual net operating income at Stabilization based upon annualized revenues from leases in place at Stabilization (including both rent and service income) less total estimated annual operating expenses not recoverable from tenants, including the following:
Sample 1

Related to Stabilized NOI

  • Consolidated Leverage Ratio means, as of any fiscal quarter-end for which it is to be determined, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters ending on such date, in each case calculated on a Pro Forma Basis in accordance with Section 1.03(c).

  • Senior Secured Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Secured Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • NOI means Notice of Intent to be covered by this permit.

  • Consolidated Fixed Charge Coverage Ratio means, with respect to any Person, the ratio of Consolidated EBITDA of such Person during the four full fiscal quarters (the “Four-Quarter Period”) ending prior to the date of the transaction giving rise to the need to calculate the Consolidated Fixed Charge Coverage Ratio for which internal financial statements are available (the “Transaction Date”) to Consolidated Fixed Charges of such Person for the Four-Quarter Period. In addition to, and without limitation of, the foregoing, for purposes of this definition, “Consolidated EBITDA” and “Consolidated Fixed Charges” shall be calculated after giving effect on a pro forma basis for the period of such calculation to (i) the incurrence or repayment of any Indebtedness or the issuance of any Designated Preferred Stock of such Person or any of its Restricted Subsidiaries (and the application of the proceeds thereof) giving rise to the need to make such calculation and any incurrence or repayment of other Indebtedness or the issuance or redemption of other Preferred Stock (and the application of the proceeds thereof), other than the incurrence or repayment of Indebtedness in the ordinary course of business for working capital purposes pursuant to revolving credit facilities, occurring during the Four-Quarter Period or at any time subsequent to the last day of the Four-Quarter Period and on or prior to the Transaction Date, as if such incurrence or repayment or issuance or redemption, as the case may be (and the application of the proceeds thereof), had occurred on the first day of the Four-Quarter Period; and (ii) any Asset Sales or other dispositions or Asset Acquisitions (including any Asset Acquisition giving rise to the need to make such calculation as a result of such Person or one of its Restricted Subsidiaries (including any Person who becomes a Restricted Subsidiary as a result of the Asset Acquisition) incurring, assuming or otherwise being liable for Acquired Indebtedness and also including any Consolidated EBITDA attributable to the assets which are the subject of the Asset Acquisition or Asset Sale or other disposition and without regard to clause (vi) of the definition of Consolidated Net Income), investments, mergers, consolidations and disposed operations (as determined in accordance with GAAP) occurring during the Four-Quarter Period or at any time subsequent to the last day of the Four-Quarter Period and on or prior to the Transaction Date, as if such Asset Sale or other disposition or Asset Acquisition (including the incurrence or assumption of any such Acquired Indebtedness), investment, merger, consolidation or disposed operation, occurred on the first day of the Four-Quarter Period. If such Person or any of its Restricted Subsidiaries directly or indirectly guarantees Indebtedness of a third Person, the preceding sentence shall give effect to the incurrence of such guaranteed Indebtedness as if such Person or any Restricted Subsidiary of such Person had directly incurred or otherwise assumed such other Indebtedness that was so guaranteed.