Facility Value definition

Facility Value means the amount equivalent to the sum total of the amount of the Loan to Value of the Collateral
Facility Value means a sum of USD of lawful currency which shall represent the total value of the FACILITY approved by the BANK in favour of the APPLICANT.
Facility Value means the amount set forth on Schedule 1 to this Appendix A. “Fair Market Rental Value” or “Fair Market Sales Value” of the Facility or the Head Lease Interest in the Facility means the value in Dollars which would be obtained in an arm’s-length transaction between an informed and willing lessee-user or buyer-user (other than a lessee currently in possession [or a used waste water facilities dealer]) under no compulsion to lease or buy, as the case may be, and an informed and willing lessor or seller, as the case may be, under no compulsion to lease or sell, as the same shall be specified by agreement between the Owner Participant and the Lessee or, if not agreed to by the Owner Participant and the Lessee within a period of fifteen (15) days after either party requests a determination, then as specified in an appraisal mutually agreed to by two recognized [waste water facility] appraisers, one of which shall be appointed by the Owner Participant and the other of which shall be appointed by the Lessee, or, if such appraisers cannot agree on such appraisal, an appraisal arrived at by a third independent recognized [waste water facility] appraiser chosen by the mutual consent of the two appraisers. If either party should fail to appoint an appraiser within fifteen (15) days of receiving notice of the appointment of an appraiser by the other party, then such appraisal shall be made by the appraiser appointed by the first party. If the two appraisers cannot agree on such appraisal and fail to appoint a third appraiser within fifteen (15) days after the appointment of the second appraiser, then either party may apply to the American Arbitration Association to make such appointment. The appraisal shall be completed within thirty (30) days of the appointment of the last appraiser appointed. In determining Fair Market Rental Value or Fair Market Sales Value by appraisal or otherwise, it will be assumed that the Facility is unencumbered by the Lease, the Sublease and the User Lease and is otherwise in the condition in which it is required to be returned to the Lessor pursuant to Section 13 of the Lease (except that a determination of Fair Market Sales Value or Fair Market Rental Value for purposes of Section 17(c) of the Lease (other than the last proviso thereof) shall be based on “as-is, where-is” condition) and that the Lessee has removed all Parts which it is entitled to remove pursuant to the last sentence of Section 8(c) of the Lease.

Examples of Facility Value in a sentence

  • CREDIT SERVICE * To be charged by a percentage over the Commodity Finance Facility Value on one-off basis or in phases.

  • Director Kiely, Sam McGovern‐Rowen, Rebecca Schweisberger, and Kevin Johnson of Facility Value Management remained during closed session.

  • Findings and Recommendations19Design and Planning Issues 19Financial Considerations 20 Revenue Sharing 21Policy Considerations 22Summary of Findings 22Recommendations 24Appendix A Congestion Pricing Projects Open to Traffic in the United States, 2011 26Appendix B DOT’s Managed Facility Value Pricing Pilot Program Grants, Fiscal Years 2000 – 2011 44Appendix C DOT’s Managed Lane Value Pricing Pilot Program Grants, Fiscal Years 2000 – 2010 47List of Figures Figure 1-1.

  • Facility Value and Discrimination Index) needs to be carried out item wise in Mathematics, and Hindi to understand the nature of the test.

  • The CMAR Nurse will review the resident’s medical records and if any items are determined to be different from the “FV” or Facility Value column, record those findings under the “QV” or QAN Value column on the RUG and/or other case mix model item report.

  • Moreover, if the Facility Value after the Sublease Facility Partial Event of Loss is less than 50% of the Facility’s Value as of the Closing Date, EZH must restore the output capacity and/or efficiency of the Facility to the level that would cause the reduction in the Facility Value resulting from such Sublease Facility Partial Event of Loss, not to exceed such percentage, or a Sublease Facility Event of Loss will be deemed to have occurred.

  • The facility’s coding is indicated as the Facility Value (FV) on the RUG Item Category Report.

  • Existing Level of Service (2014): Land and Facility Value per Capita: $3,643.79Located within ½ mile of a park or school: 85%• Level of Service Standard: Park system investments as growth occurs sufficient to maintain a park system value of at least $3,643.79 per resident.

  • Nik Kovac, Joan Prince, Jim Marten, Paula Kiely OTHERSPRESENT: MPL: Joan Johnson, Jennifer Meyer-Stearns, Sam McGovern-Rowen, Eileen Force Cahill, Armando Chacon, Rebecca SchweisbergerBudget and Management: Mason Lavey Facility Value Management: Kevin JohnsonZimmerman Architectural Studios: Doug Barnes Young Development Group: Lavelle Young Committee Chair Mark Sain called the MPL Board of Trustees Building & Development Committee meeting to order at 4:01 p.m. on November 20, 2018 with a quorum present.

  • Ms. Meyer-Stearns introduced Kevin Johnson, from Facility Value Management, and Doug Barnes, from Zimmerman Architectural Studios, to the Committee.


More Definitions of Facility Value

Facility Value means, as of any applicable date of determination, the Facility’s “as is” market value set forth in the most recent Appraisal.
Facility Value means an amount, determined as of each Valuation Date for each Facility equal to (i) the trailing six month Net Operating Income of such Facility ending on the Valuation Date annualized for a 12 month period divided (ii) by the Capitalization Rate;

Related to Facility Value

  • Security Value means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time, the aggregate of (a) the market value of the Mortgaged Ships as most recently determined in accordance with clause 8.2.2 and (b) the market value of any additional security for the time being actually provided to the Creditors or any of them pursuant to clause 8.2;

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Maturity Value means the Accreted Value of any Capital Appreciation Bond on its maturity date.

  • Equity Value is defined in Section 10.10 hereof.

  • Total Equity Value means, as of any date of determination, the aggregate proceeds which would be received by the Unitholders if: (i) the assets of the Company were sold at their fair market value to an independent third-party on arm’s-length terms, with neither the seller nor the buyer being under compulsion to buy or sell such assets; (ii) the Company satisfied and paid in full all of its obligations and liabilities (including all Taxes, costs and expenses incurred in connection with such transaction and any amounts reserved by the Manager with respect to any contingent or other liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as determined by the Manager in good faith based upon the Class A Common Stock Value as of such date.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable Commitment Fee Rate means:

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Commitment Fee Percentage means 0.25% per annum.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurocurrency Margin for Eurocurrency Rate Loans in effect on such date.

  • Commitment Value is a Customer commitment to a minimum value of expenditure with SAP over the Contract Term, as specified in the ‘Commitment Value’ Section of the Order Form.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Applicable Credit Support Percentage As defined in Section 4.02(e).

  • Original Applicable Credit Support Percentage With respect to each Class of Subordinate Certificates, the corresponding percentage set forth opposite its Class designation: Class B-1 - 3.10%; Class B-2 - 2.05%; Class B-3 - 1.25%; Class B-4 - 0.80%; Class B-5 - 0.55%; and Class B-6 - 0.35%.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • C/D Reserve Percentage for any day as applied to any ABR Loan, that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board, for determining the maximum reserve requirement for a Depositary Institution (as defined in Regulation D of the Board) in respect of new non-personal time deposits in Dollars having a maturity of 30 days or more.