Common use of Total Asset Value Clause in Contracts

Total Asset Value. As of any date of determination, the total of i) the value of Unrestricted Cash and Cash Equivalents on such date, as determined in accordance with GAAP, plus ii) the Value of the Borrower’s real estate. The Value of real estate held within Unconsolidated Affiliates and non-Wholly Owned Subsidiaries will be valued using the same methodology with the Borrower only receiving credit for their Equity Percentage of the subject Unconsolidated Affiliates and non-Wholly Owned Subsidiaries.

Appears in 5 contracts

Samples: Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT, Inc.)

AutoNDA by SimpleDocs

Total Asset Value. As of any date of determination, the total of i) the value of Unrestricted Cash and Cash Equivalents on such date, as determined in accordance with GAAP, GAAP plus ii) the Value of the Borrower’s real estate. The Value of real estate held within Unconsolidated Affiliates and non-Wholly Owned Subsidiaries Joint Ventures will be valued using the same methodology with the Borrower only receiving credit for their Equity Percentage pro rata portion of the subject Unconsolidated Affiliates and non-Wholly Owned Subsidiariesreal estate.

Appears in 2 contracts

Samples: Credit Agreement (Plymouth Industrial REIT Inc.), Credit Agreement (Plymouth Industrial REIT Inc.)

Total Asset Value. As of any date of determination, the total of i) the value of Unrestricted Cash and Cash Equivalents on such date, as determined in accordance with GAAP, plus ii) the Value of the Borrower’s 's real estate. The Value of real estate held within Unconsolidated Affiliates and non-Wholly Owned Subsidiaries will be valued using the same methodology with the Borrower only receiving credit for their Equity Percentage of the subject Unconsolidated Affiliates and non-Wholly Owned Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT Inc.)

AutoNDA by SimpleDocs

Total Asset Value. As of any date of determination, the total of i) the value of Unrestricted Cash and Cash Equivalents on such date, as determined in accordance with GAAP, plus ii) the Value of the Borrower’s real estateReal Estate. The Value of real estate the Real Estate held within Unconsolidated Affiliates and non-Wholly Owned Subsidiaries will be valued using the same methodology with the Borrower only receiving credit for their Equity Percentage of the subject Unconsolidated Affiliates and non-Wholly Owned Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.