Capitalized Value definition

Capitalized Value means, as of any date, Annualized EBITDA divided by the Capitalization Rate.

Capitalized Value means (a) in the case of any Asset that is a Data Center, the Adjusted Net Operating Income of such Asset divided by 8.25%, and (b) in the case of any other Asset, the Adjusted Net Operating Income of such Asset divided by 7.5%.

Capitalized Value means, in the case of any Asset, the Adjusted Net Operating Income of such Asset divided by 6.75%.

Examples of Capitalized Value in a sentence

• The calculation of Consolidated Capitalized Value shall be adjusted as set forth in §10.13 hereof.

• The ratio (the “Leverage”) of (i) Total Indebtedness to (ii) Capitalized Value, to exceed 0.60 to 1.00 at any time.

• The aggregate Borrowing Base Capitalized Value Limit for all Borrowing Base Assets shall be the sum of such calculations for all of the Borrowing Base Assets.

• The aggregate of (a) .60 multiplied by the Capitalized Value of the Unencumbered Asset Pool (excluding the Leased Assets), plus (b) the Leased Asset NOI Amount.

• With respect to any Unencumbered Properties that are owned or leased by a Controlled JV Entity, the Unencumbered Asset Value attributable to such Unencumbered Properties shall be equal to Borrower’s pro rata economic share of the Capitalized Value or undepreciated book value, as applicable, of such Unencumbered Property.

More Definitions of Capitalized Value

Capitalized Value means, for any Real Estate Asset as of any date of determination, an amount equal to (a) the Net Operating Income for such Real Estate Asset divided by (b) the Capitalization Rate.

Capitalized Value means the Adjusted Net Operating Income for any Stabilized Property divided by the Capitalization Rate.

Capitalized Value means, for any owned Real Property as of any date of determination, an amount equal to (a) the Adjusted Net Operating Income for such owned Real Property divided by (b) the Capitalization Rate.

Capitalized Value means, in the case of any Hotel Asset, the Adjusted Net Operating Income of such Hotel Asset divided by (a) 7.25% for (x) Hotel Assets that are located in the Xxx Xxxx Xxxx XXX xxxx, xxx Xxxxxx XXX area (which, for the avoidance of doubt, includes Cambridge, MA), the Washington D.C. CBD area or South Beach, Miami, FL and (y) the Hotel Asset known as the Parrot Key Hotel located in Key West, FL and listed on Schedule II and (b) 8.00% for all other Hotel Assets.

Capitalized Value means, in relation to a retirement benefit or indexable benefit or part of a retirement benefit or indexable benefit, its actuarial present value determined, at the date of the calculation, in accordance with

Capitalized Value means at any time and with respect to any Borrowing Base Property, the Borrowing Base NOI minus the Annual Capital Expenditure Adjustment but calculated exclusively with respect to such Borrowing Base Property divided by the Capitalization Rate.

Capitalized Value means, as of any date: