Calculated Value definition

Calculated Value means for any Hotel Property (a) if such Hotel Property is leased to a Subsidiary of the Borrower, the Adjusted NOI for such Hotel Property for the preceding Rolling Period and, if such Hotel Property is not leased to a Subsidiary of the Borrower, the lesser of (i) the Adjusted NOI for such Hotel Property for the preceding Rolling Period or (ii) the actual rental payments received by the Parent or its Subsidiary under the participating lease for such Hotel Property during such Rolling Period divided by (b) the Capitalization Rate.

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Calculated Value means the quotient of the Eligible Property NOI for each applicable Eligible Property divided by its applicable Capitalization Rate with the resulting quotient multiplied by owner’s percentage ownership of such Eligible Property.

Calculated Value means for any Hotel Property the product of (a) the lesser of (i) the Adjusted EBITDA for such Seasoned Property for the preceding Rolling Period or (ii) the actual rental payments received by the Parent or its Subsidiary under the participating lease for such Hotel Property during such Rolling Period times (b) ten (10).

Examples of Calculated Value in a sentence

• At such time as the average trading volume of the shares in the applicable trading market exceeds 5,000 shares per day, for at least twenty business days, the Calculated Value will thereafter be determined as set forth in (ii) of this Paragraph.

• If such consent is obtained during such period, then Seller shall assign such Asset to Buyer and Buyer shall pay Seller such Calculated Value (or such agreed value, if applicable) attributed thereto, on or before ten (10) days following receipt of notice thereof from Seller.

• The written notice provided by Buyer shall identify the Asset affected by the Title Defect, provide a description of the Title Defect and the amount of Defect Value or Calculated Value, as applicable, and specify Buyer’s election to take assignment of or exclude the affected Asset.

• In addition, if during the Due Diligence Period, Buyer or Seller determines that the aggregate net mineral acres covered by the Mineral Interests are greater than 12,554, the Purchase Price shall be increased by the Calculated Value of the net mineral acres in excess of 12,554.

• The calculation is as follows: %diff = (Calculated Value - CLEC result)/Calculated Value.

More Definitions of Calculated Value

Calculated Value means for any Hotel Property the product of (a), for any Hotel Property leased to a Subsidiary of the Borrower, the Adjusted NOI for such Hotel Property for the preceding Rolling Period and, for any Hotel Property not leased to a Subsidiary of the Borrower, the lesser of (i) the Adjusted NOI for such Hotel Property for the preceding Rolling Period or (ii) the actual rental payments received by the Parent or its Subsidiary under the participating lease for such Hotel Property during such Rolling Period times (b) ten (10).

Calculated Value has the meaning specified in Schedule 2(B).

Calculated Value means the total Transport Gas measured in Dekatherms (Dth), delivered to a Transport Gas Consumer for a billing period, multiplied by the Settlement Price to arrive at the value of the Transport Gas transported by Grantee for that Transport Gas Consumer.

Calculated Value means, with respect to any Mineral Interest, an amount determined by multiplying the affected net mineral acres of such Mineral Interest by the following: (Purchase Price divided by 12,554) divided by 25, which represents the average Purchase Price for each one percent royalty interest per each net mineral acre, based on all Mineral Interests being subject to a one-quarter (25%) royalty interest.

Calculated Value means for any Hotel Property the product of (a) the

Calculated Value means for any Hotel Property the product of (a) the lesser of (i) the Adjusted EBITDA for such Seasoned Property for the preceding Rolling Period or (ii) the actual rental payments received by the Parent or its Subsidiary under the participating lease for such Hotel Property during such Rolling Period TIMES (b) ten (10).

Calculated Value for this purpose shall be defined as (i) the aggregate number of shares issued to Sellers at Closing in accordance with Section 1.6, multiplied by the highest closing share price of BBGI Class A Common Stock during the period beginning on the one-year anniversary of the Closing Date and ending six months thereafter (the "Adjustment Period") less (b) $15,000,000. For the purpose of this paragraph, "highest closing share price" means the average closing price for the period of five consecutive trading days during the Adjustment Period that would yield the highest average closing price.