NOI Yield definition

NOI Yield means a percent equal to the product of (i) 100, multiplied by (ii) the quotient of (a) Annualized NOI for the Property, divided by (b) Capitalized Costs in respect of the Property.
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NOI Yield means the gross revenues derived from an ---------- Acquisition Property over a given twelve month period less operating expenses relating to such Acquisition Property (including AOP's (or PSP11's after the Merger) expected management costs relating thereto, but excluding brokerage commissions, tenant improvement costs, capital reserves and depreciation) divided by the purchase price for such Acquisition Property (including closing costs and deferred maintenance costs required to be funded at closing). The calculation of NOI Yield shall employ generally accepted accounting principles ("GAAP"), except that rents shall not be calculated on a straight-line basis.
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NOI Yield shall have the meaning set forth in Section 1.3 hereof.
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Examples of NOI Yield in a sentence

  • AOP shall include with the notice of each Subsequent Closing a schedule showing the calculation of the projected NOI Yield for each of the Acquisition Properties and in the aggregate for all of the Acquisition Properties acquired or to be acquired with the proceeds of such Subsequent Closing.

  • Allowing 919 Third Period Ends - Acquire First Work to Begin Avenue Upon Building to Mortgage for Occupancy of Completion of Restabilize at an Note Secured Debevoise, BNP Consensual Approximate 9.5% by 919 Third and ▇▇▇▇▇▇▇ - Bankruptcy and NOI Yield - Total Avenue for Three Long-Term Secures $250 Investment Less 277.5 Million Leases Million First Than $275 psf or or $200 psf Encompassing Mortgage 40% Discount to 826,000 sq.

  • The calculation of NOI Yield shall employ generally accepted accounting principles ("GAAP"), except that rents shall not be calculated on a straight-line basis.

  • The delivery of the notice required this Section 1.3(b) shall create no implication that AOP is making a -------------- representation as to, or guaranteeing, the actual NOI Yield of any Acquisition Property and, provided any such notice is delivered in good faith by AOP, AOP shall have no liability to the Investors, the Pecuniary Owners or to any other person with respect to such notice or the financial projections contained therein.

Related to NOI Yield

  • Accrual Yield means the rate specified as such in the applicable Final Terms; and

  • Weighted Average Yield means with respect to any Loan, on any date of determination, the weighted average yield to maturity, in each case, based on the interest rate applicable to such Loan on such date and giving effect to all upfront or similar fees or original issue discount payable with respect to such Loan.

  • Portfolio Yield means, with respect to any Due Period, the annualized percentage equivalent of a fraction, the numerator of which shall be the sum of (i) the amount of Finance Charge Collections received during such Due Period, (ii) the amount of Series Yield Collections for each Series then outstanding for such Due Period and (iii) the amount of Series Additional Funds for each Series then outstanding for such Due Period, and the denominator of which shall be the total amount of Principal Receivables in the Trust as of the first day of such Due Period.

  • Reinvestment Yield means, with respect to the Called Principal of any Note, the sum of (x) 0.50% plus (y) the yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported as of the second Business Day preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the Remaining Average Life of such Called Principal as of such Settlement Date. If there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield to maturity will be determined by interpolating linearly between (1) the U.S. Treasury constant maturity so reported with the term closest to and greater than such Remaining Average Life and (2) the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable Note.

  • Money Market Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Money Market Yield = D x 360 x 100 where “D” refers to the applicable per annum rate for commercial paper quoted on a bank discount basis and expressed as a decimal, and “M” refers to the actual number of days in the applicable Interest Reset Period.