Appraised Equity Value definition
Appraised Equity Value means the proportionate value of each Contributor’s indirect equity ownership interest in the Village Green Property, where the total equity of the Village Green Property shall be determined by subtracting the outstanding principal balance of all debt on the Village Green Property from the appraised value of the Village Green Property as established by a third party appraiser within six (6) months of the Closing Date.
Appraised Equity Value shall have the meaning given to it in Section 1.3(a) hereof.
Appraised Equity Value means the proportionate value of SOIF II’s indirect equity ownership interest in the Waterford Property, where the total equity of the Waterford Property shall be determined by subtracting the outstanding principal balance of all debt on the Property from the appraised value of the Waterford Property as established by a third party appraiser within six (6) months of the Closing Date.
More Definitions of Appraised Equity Value
Appraised Equity Value means the proportionate value of Contributor’s indirect equity ownership interest in the Oak Crest Property, where the total equity of the Oak Crest Property shall be determined by subtracting the outstanding principal balance of all debt on the Oak Crest Property from the appraised value of the Oak Crest Property as established by a third party appraiser within six (6) months of the Closing Date.
Appraised Equity Value means the value of the Property, where the total equity of the Property shall be determined by subtracting the outstanding principal balance of all debt on the Property from the appraised value of the Property as established by a third-party appraiser within six (6) months of the Closing Date.