Base Asset Value definition

Base Asset Value means the value as at 31 December 2019 of the Affiliated/Strategic Asset as listed in Schedule 1.
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Base Asset Value means the value as at 31 December 2019 of the Affiliated/Strategic Asset as listed in Schedule 1. "Business Day" has the meaning given to this term in the SPA.
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Base Asset Value means the total market value on each Valuation Day of the Base Assets, after deduction of any fees or costs incurred in relation to the buying and selling of Base Assets, the sub-investment management fee and potential further deductions as applicable, but prior to the deduction of any Performance Fee.
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Examples of Base Asset Value in a sentence

  • Any increase in the Operating Property Value of a Borrowing Base Property shall become effective as of the next determination of the Unencumbered Borrowing Base Asset Value as provided in this Section.

  • To the extent such Property is not an Eligible Property, such Property shall only be included as a Borrowing Base Property and included in the calculation of Unencumbered Borrowing Base Asset Value upon the consent of the Requisite Lenders in their sole discretion.

  • Initially, the Unencumbered Borrowing Base Asset Value shall be the amount set forth as such in the Compliance Certificate delivered under Section 6.1. Thereafter, the Unencumbered Borrowing Base Asset Value shall be the amount set forth as such in the Compliance Certificate delivered from time to time under Article IX.

  • The Borrowing Base Asset Value Ratio to be less than 1.67 to 1.0.

  • The Borrower shall not at any time permit the Borrowing Base Pool to include fewer than seven (7) Eligible Properties, and the Borrower shall not permit the Unencumbered Borrowing Base Asset Value to be less than $500,000,000.

  • Each Borrowing Base Asset included in any calculation of the Aggregate Borrowing Base Asset Value is, at the time of such calculation, an Eligible Asset.

  • The Borrowing Base Asset Value Ratio to be less than 1.60 to 1.0.

  • There is no proposed Tax assessment against Borrower, the REIT or any Subsidiary thereof which would, if the assessment were made, have a Material Adverse Effect or (a) material adverse effect with respect to the financial condition or the operations of any Borrowing Base Property, (b) material adverse effect on the Borrowing Base Asset Value of any Borrowing Base Property, or (c) material adverse effect on the ownership of any Borrowing Base Property.

  • Notwithstanding the aforesaid, the Borrowing Base will at all times consist of at least ten (10) Borrowing Base Properties, and no single property shall account for more than twenty (20%) percent of the total Borrowing Base Asset Value.

  • Agree the aggregate Borrowing Base Asset Value of Borrowing Base Eligible Assets and the aggregate Borrowing Base Adjusted Asset Value of Borrowing Base Eligible Assets to the Calculations worksheet.