Contributed Asset Value Difference definition

Contributed Asset Value Difference means initially$33,322,146, which is the difference between the Historical Cost of the Contributed Assets and the Contributed Asset Agreed Value; provided, however, that in the event that any Contributed Asset is sold in whole or in part by the REIT or the Issuer to a third party, then the Contributed Asset Value Difference shall mean the difference between the Historical Cost of the Contributed Asset and the Contributed Asset Agreed Value for such Contributed Asset, each as adjusted downward as described herein.
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Contributed Asset Value Difference has the meaning set forth in the F▇▇▇▇▇ Mac Bond Purchase Agreement.
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Examples of Contributed Asset Value Difference in a sentence

  • The sum of (a) the Contributed Asset Value Difference and (b) FPI’s total assets as of the end of each fiscal quarter or the fiscal year, as applicable, as presented in the annual CPA audited financial statements; provided, however, that in the event that FPI no longer records the Contributed Assets on a historical cost basis, then Lender, in its sole discretion, may determine that clause (a) shall no longer be included in the calculation of Total Assets.

  • Initially $33,322,146, which is the difference between the Historical Cost of the Contributed Assets and the Contributed Asset Agreed Value; provided, however, that in the event that any Contributed Asset is sold in whole or in part by FPI or the Issuer to a third party, then the Contributed Asset Value Difference shall mean the difference between the Historical Cost of the Contributed Asset and the Contributed Asset Agreed Value for such Contributed Asset, each as adjusted downward as described herein.

Related to Contributed Asset Value Difference

  • Gross Asset Value means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

  • Closing Value means (a) with respect to an Underlying other than a Multiple Exchange Index, the level of such Underlying as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange or (b) with respect to a Multiple Exchange Index, the official closing level of such Underlying as calculated and published by the Index Sponsor, in each case on the relevant Valuation Date.