Attributable Property Value definition

Attributable Property Value means the portion of the Purchase Price attributable to each Real Property as provided on Section 1.1(a) of the Company Disclosure Schedules, which sets forth for each Real Property the specific mutually agreed values.
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Examples of Attributable Property Value in a sentence

  • The Company’s calculation of the Attributable Property Value Adjustment Amount shall be subject to Seller Representative’s right of review and the dispute resolution procedures set forth in Section 2.14 of the Agreement.

  • If Seller Representative timely disputes the calculation of the Attributable Property Value Adjustment Amount (if applicable) or the Delayed Net Working Capital Adjustment Amount, Seller Representative and the Surviving Company shall, and Parent shall cause the Surviving Company to, promptly endeavor in good faith to resolve any disagreement as to such calculation.

  • Notwithstanding anything to the contrary contained herein, the process set forth in this Section 2.14 shall be the sole and exclusive remedy of the parties for any disputes related to the calculation of the Attributable Property Value Adjustment Amount (if applicable) and the Delayed Net Working Capital Adjustment Amount.

  • Within two Business Days after each Delayed Consent Approval Date, with respect to each Delayed Consent, the Surviving Company shall, and Parent shall cause the Surviving Company to, deliver to Seller Representative reasonably detailed calculations of the corresponding Attributable Property Value Adjustment Amount (if applicable) and the Delayed Net Working Capital Adjustment Amount.

  • The Accountants shall have full authority to resolve all issues relating to the Attributable Property Value Adjustment Amount (if applicable) and the Delayed Net Working Capital Adjustment Amount pursuant to this Section 2.14 (including procedural, legal, factual and accounting issues).

  • The Accountants shall act as an arbitrator to determine, based solely on presentations and submissions by the Surviving Company and Seller Representative (which presentations and submissions shall be made to the Accountants no later than 15 days after the engagement of the Accountants), and not by independent review, only those amounts still in dispute in accordance with the definitions of Attributable Property Value Adjustment Amount and Delayed Net Working Capital Adjustment Amount set forth herein.

Related to Attributable Property Value

  • Property Value means the fair market value of the real property, as remediated, less

  • Attributable Value means, as to a Capitalized Lease Obligation under which any Person is at the time liable and at any date as of which the amount thereof is to be determined, the capitalized amount thereof that would appear on the face of a balance sheet of such Person in accordance with GAAP.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value: