FMV Cap Rate definition

FMV Cap Rate means 9%.

FMV Cap Rate means seven and three-quarters percent (7.75%).

FMV Cap Rate means 6.75%.

Examples of FMV Cap Rate in a sentence

• For purposes hereof, "fair market value" shall mean the quotient of (x) Net Operating Income with respect to the Real Property Assets owned by Xxxx as of the date hereof and (y) the FMV Cap Rate.

• If NHP and the Operating Partnership timely object to PMB LLC’s determination of the FMV Cap Rate, then the parties shall meet and confer in person or telephonically in good faith for a period of ten (10) Business Days following PMB LLC’s receipt of such notice to attempt to mutually agree upon the FMV Cap Rate.

• Avoid oil and grease being washed out of the interior of the torque limiter; this will necessitate complete disassembly and re-lubrication.

• In the event that NHP and the Operating Partnership fail to deliver a written notice to PMB LLC pursuant to the first sentence of this Section 3.6, then each of NHP and the Operating Partnership shall be deemed to have agreed that the applicable Approved Property’s FMV Cap Rate shall be as set forth in the applicable Preliminary Information.

• Number of Students qualified NET/GATE/INSPIRE or any other qualifying examination during last 3 years: UG and PG ProgramsNo. of Students qualify NET/GATE/INSPIRE etc during last 3 years9.

More Definitions of FMV Cap Rate

FMV Cap Rate means eight percent (8%).”

FMV Cap Rate means 8.0%.

FMV Cap Rate means eight and one-half percent (8.50%). "Foreign Property Interests" shall have the meaning set forth in

FMV Cap Rate means (a) 6.00% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (b) 6.00% for any multi-family residential property and (c) 6.75% for any retail property (other than any retail component of a mixed-use office property described in clause (a) above).

FMV Cap Rate means (a) 6.00% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (b) 6.00% for any multi-family residential property and (c) 6.75% for any retail property (other than any retail component of a mixed-use office property described in clause (a) above) (provided, that if at any time such rate under the Primary Credit Facility at such time is greater or less than 6.00% or 6.75%, as applicable, the rate under this definition shall be such greater or lesser amount for so long as such greater or lesser amount shall remain in effect under such Primary Credit Facility; provided, further, that if at any time such rate, or a similar rate, under the Primary Credit Facility is modified, or included, to apply differently based on the property to which it applies, the applicable rate under this definition shall be similarly modified, or included, to apply differently based on the property to which it applies for so long as such rate shall remain in effect under such Primary Credit Facility; provided, further, that notwithstanding the foregoing, in no event shall the “FMV Cap Rate” at any time be less than (i) 5.00% for any office property (including any retail component in a mixed-use office project where the retail component contributes less than 15% of such project’s total revenues), (ii) 5.00% for any multi-family residential property and (iii) 5.75% for any retail property (other than any retail component of a mixed-use office property described in clause (i) above)).

FMV Cap Rate means, prior to the Extension Date, 11% and from and after the Extension Date, at the rate at which Lead Agent shall determine, in its sole discretion, to be the market capitalization rate.

FMV Cap Rate means the fair market value cap rate for properties substantially similar to the Property that (x) have at least the “Elected Percentage” (as hereinafter defined) of their respective rentable square footage leased, pursuant to leases with weighted average initial term lengths of not less than five (5) years, (y) are located in the same or substantially similar geographic market as the Property, and (z) are substantially similarly situated as the Property (i.e., location to a hospital or other applicable characteristics), in each case determined as of the date on which the applicable “Closing Notice” (as hereinafter defined) is delivered, and in accordance with this definition. PMB and the PMB Member shall include in the applicable Closing Notice, their good faith determination of the FMV Cap Rate for the Property, together with reasonable back-up documentation for such calculation, and the following shall apply: