Alternative Value definition

Alternative Value means for any Property the greater of (x) the lower of (a) the Property Investment Value reported for GAAP purposes and (b) the then estimated fair market value for such Property or the Consolidated Group Pro Rata Share of the then estimated fair market value for such Property if owned by an Unconsolidated Affiliate, as determined by Altus Group or other third party valuation firms engaged by the Borrower or applicable member of the Consolidated Group, and (y) the Property Value for such Property or the Consolidated Group Pro Rata Share of the Property Value for such Property if owned by an Unconsolidated Affiliate.
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Alternative Value means for any Property the greater of (x) the lower of (a) the Property Investment Value reported for GAAP purposes and
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Alternative Value means, for any Property, (i) during the period beginning on the date (if any) that such Property first became classified as a Lease- Up Property and ending on the last day of the 8th full fiscal quarter beginning thereafter, the then Estimated Fair Market Value for such Property or the Consolidated Group Pro Rata Share of the then Estimated Fair Market Value for such Property if owned by an Unconsolidated Affiliate, (ii) during the period beginning on the first day after the period described in clause (i) above ends and ending on the last day of the 4th full fiscal quarter beginning thereafter, 95% of the then Estimated Fair Market Value for such Property or the Consolidated Group Pro Rata Share of the then Estimated Fair Market Value for such Property if owned by an Unconsolidated Affiliate, and (iii) beginning on the first day after the period described in clause (ii) above ends and thereafter, 90% of the then Estimated Fair Market Value for such Property or the Consolidated Group Pro Rata Share of the then Estimated Fair Market Value for such Property if owned by an Unconsolidated Affiliate. Notwithstanding the foregoing, if on any date of calculation of Alternative Value for any Property, the requirements relating to the appraisal for such Property as set forth in the definition of Estimated Fair Market Value are not satisfied, then the Alternate Value of such Property shall be determined by capping Net Operating Income or Unencumbered Property NOI, as applicable, as set forth in clause (ii) of the definitions of Property Value and Unencumbered Property Value, as the case may be.
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Examples of Alternative Value in a sentence

  • Except to the extent that Market Testing is carried out for each New Project, the effective demonstration of value for money in accordance with the Alternative Value for Money Demonstration Method Statement (if any) to be appended to the hPA including the achievement of targets for continuous improvement.

  • Identifying Cultural Differences and Similarities through the Explicit Measurement of Moral Values Introduction ...............................................................................................- 150 -An Alternative Value Measure ........................................................................................

  • In May 2018, the OIG recommended that the City decline future applications from plaintiff for towing permits.

  • Equitable Duties are Doors to Alternative Value Systems When a court applies the duty of care to the action of acorporate director, deciding whether it was undertaken with “reasonable care, skill and diligence”142 or “on an informed basis, in good faith,”143 the court must necessarily draw values from systems in the social environment beyond law that determine the relationship of an actor to an action or a contracting party.

  • Section 4.3, Alternative Value Proposition Models For Consumers, defines the value proposition concept and identifies alternative value proposition models and their elements.

  • Conduct full analysisOnly with the previous steps in place can the full analysis be undertaken.

  • Salt-free seasoning Static Elimination Canadian Sugar-Free Sweetener No-Stick Baking Spray Butter Alternative Value Oriented Furniture Polish Greg Smith Credit Suisse 1.

  • The Letter of Instruction sought valuations on three bases: (i) Market Value taking into account the occupational leases in place at the date of valuation (which was understood as including the Management Agreement); (ii) Market Rental Value; and (iii) Alternative Value based on special assumptions understood to be the market value of the hotel assuming vacant possession throughout and the market value of the retail/leisure space assuming vacant possession throughout.

  • Name of Series KEELEY Small Cap Value Fund KEELEY Small Cap Dividend Value Fund KEELEY Small-Mid Cap Value Fund KEELEY Mid Cap Value Fund KEELEY All Cap Value Fund KEELEY Alternative Value Fund KEELEY Mid Cap Dividend Value Fund KEELEY International Small Cap Value Fund Amended Exhibit B to the Keeley Funds, Inc.

  • These alternativevalues are shown below and played a pivotal role in selecting the design we chose to move forward with: ConceptAlternative ValueLightweight Hardtop0.27235Aerodynamic Hardtop0.39712Optimal Hardtop0.31943Table 7: Alternative Value Table The alternative values table above shows which design best fits our selection criteria.


More Definitions of Alternative Value

Alternative Value means, for any Property, (i) during the period beginning on the date (if any) that such Property first became classified as a Lease-Up Property and ending on the last day of the 8th full fiscal quarter beginning thereafter, the then Estimated Fair Market Value for such Property or the Consolidated Group Pro Rata Share of the then Estimated Fair Market Value for such Property if owned by an Unconsolidated Affiliate, (ii) during the period beginning on the first day after the period described in clause (i) above ends and ending on the last day of the 4th full fiscal quarter beginning thereafter, 95% of the then Estimated Fair Market Value for such Property or the Consolidated Group Pro Rata Share of the then Estimated Fair Market Value for such Property if owned by an Unconsolidated Affiliate, and (iii) beginning on the first day after the period described in clause (ii) above ends and thereafter, 90% of the then Estimated Fair Market Value for such Property or the Consolidated Group Pro Rata Share of the then Estimated Fair Market Value for such Property if owned by an Unconsolidated Affiliate. Notwithstanding the foregoing, if on any date of calculation of Alternative Value for any Property, the requirements relating to the appraisal for such Property as set forth in the definition of Estimated Fair Market Value are not satisfied, then the Alternate Value of such Property shall be determined by capping Net Operating Income or Unencumbered Property NOI, as applicable, as set forth in clause (ii) of the definitions of Property Value and Unencumbered Property Value, as the case may be.
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Related to Alternative Value

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Base Value With respect to any Mortgage Loan for which Additional Collateral has been pledged, the value of the Additional Collateral as determined with respect to that Mortgage Loan in accordance with the applicable underwriting guidelines.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • SPS AER Value means the Underlying Reference Value.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Adjusted Value as used in subdivision (d) means:

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price. For the avoidance of doubt, when determining (i) above the SPS Valuation Date shall never refer to the Strike Date.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Note Value means, with respect to any day, the present value of the unpaid Scheduled Payments on the Receivables, discounted at an annual rate equal to 4.00%. For purposes of calculating Note Value, in the case of a defaulted Receivable: (a) prior to the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the Scheduled Payments on such Receivable will be computed based on the amounts that would have been the Scheduled Payments had such default not occurred; (b) at the earlier of the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the amount added to the Note Value with respect to such Receivable will be the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures and (c) after the time such defaulted Receivable becomes a Liquidated Receivable, and after the payment of a Purchase Amount in respect of a Purchased Receivable, there shall be deemed to be no Scheduled Payments due on such Receivable.

  • Reference Amount In relation to (a) any Term Obligation, the Outstanding Principal Amount thereof and (b) any Committed Obligation, the Commitment Amount thereof. Utilization Amount: In relation to any Calculation Period, the daily average of the Portfolio Notional Funded Amount during such Calculation Period. Maximum Portfolio Notional Amount: USD750,000,000, or such greater amount as the parties may agree to in writing. Minimum Portfolio Notional Amount: 80% of the Maximum Portfolio Notional Amount. Business Day: New York Business Day Convention: Following (which shall apply to any date specified herein for the making of any payment or determination or the taking of any action which falls on a day that is not a Business Day). If any anniversary date specified herein would fall on a day on which there is no corresponding day in the relevant calendar month, then such anniversary date shall be the last day of such calendar month. Floating Rate Index: Whenever in this Confirmation reference is made to any Floating Rate Option (including any floating rate index specified in any Reference Obligation Credit Agreement) or to USD-LIBOR-BBA (each, a "Floating Rate Index"), in no event may such Floating Rate Index be less than zero. In addition, with respect to any Counterparty First Floating Amount, if payment of interest on a Reference Obligation (or any portion thereof) is subject to the payment of a specified minimum rate regardless of the level of the relevant Floating Rate Index, then, without limiting the effect of the preceding sentence, such Floating Rate Index will be determined without regard to such specified minimum rate. Monthly Period: Each period from and including the 12th day of any calendar month to but excluding the same day of the immediately succeeding calendar month. Calculation Agent: Citibank; provided that, if an Event of Default described in Section 5(a)(vii) occurs with respect to Citibank as Defaulting Party and no Event of Default has occurred with respect to Counterparty as Defaulting Party, then Counterparty may designate any of Bank of America, NA, The Bank of Montreal, Barclays Bank plc, Canadian Imperial Bank of Commerce, Credit Suisse, Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Xxxxx Fargo Bank, National Association as Calculation Agent, which designation shall be effective only (a) if such designated entity accepts such appointment and agrees to perform the duties of the Calculation Agent hereunder and (b) so long as such Event of Default with respect to Citibank as Defaulting Party continues. Unless otherwise specified, the Calculation Agent shall make all determinations, calculation s and adjustments required pursuant to this Confirmation in good faith and on a commercially reasonable basis. Calculation Agent City: New York Initial Price: In relation to any Reference Obligation (and the related Transaction), the Initial Price specified in Annex I. The Initial Price will be determined as of the related Obligation Trade Date exclusive of accrued interest and will be expressed as a percentage of the Reference Amount. The Initial Price will be determined exclusive of Costs of Assignment that would be incurred by a buyer in connection with any purchase of the Reference Obligation and exclusive of any Delay Compensation.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Approximate Equivalent Amount of any currency with respect to any amount of Dollars shall mean the Equivalent Amount of such currency with respect to such amount of Dollars on or as of such date, rounded up to the nearest amount of such currency as determined by the Administrative Agent from time to time.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

  • Adjusted Collateral Principal Amount means, as of any date of determination:

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.