Completion Value definition
Examples of Completion Value in a sentence
The Property Cost of all Improvements on each Property as established by the Construction Budget will not exceed an amount equal to one hundred ten percent (110%) of the Projected Completion Value.
The valuation letter shall state the amount of the Projected Completion Value with respect to such Property and an estimate of the value thereof at the end of the Term.
If at any time the outstanding principal balance under any Loan (exclusive of the Initial Advance) exceeds the Percentage of Completion Value of the Lot and Home financed under that Loan, Borrower will immediately prepay the amount of such excess.
The Property Cost of each Improvement as established by the Budget will not exceed an amount equal to one hundred ten percent (110%) of the Projected Completion Value with respect to such Improvements.
The Property Cost of each -------------------------- Improvement as established by the Construction Budget shall not exceed an amount equal to the Projected Completion Value.
Manager shall establish bank accounts for the management, operation, maintenance and leasing of the Property as set forth below.
The Property Cost of each Improvement on each Non-Pool Property as established by Budget will not exceed an amount equal to one hundred ten percent (110%) of the projected Completion Value with respect to such Improvements.
The Property Cost of each Improvement as established by the Construction Budget shall not exceed an amount equal to the Projected Completion Value.
The "Borrowing Base" shall, at any given time, be equal to the aggregate Percentage of Completion Value set forth on the Construction Facility Status Report for all Lots and Homes financed under the Construction Facility at the time of calculation and which have not become Excluded Units, less the applicable Percentage of Completion Value of the Lots and Homes released by the Bank since the date of the last Borrowing Base calculation.
ADD/DEDUCT The relevant Local Retained Asset Value in the relevant local currency as shown in the relevant Local Retained Asset Statement ADD/DEDUCT The relevant Local Completion Value in the relevant local currency as shown in the relevant Local Completion Statement ADD DEDUCT In the case of the UK Company only, an amount equal to the difference between the Consolidation Adjustment and (pound sterling)912,000.