GAV definition

GAV means the Operating Partnership’s gross asset value, calculated pursuant to the Valuation Guidelines and reflective of the ownership interest held by the Operating Partnership in such gross assets.
GAV means, means in respect of the assets of a Fund, the Net Asset Value of that Fund plus the liabilities of the Fund and any amount payable but not paid to Shareholders;
GAV means the sum of (without redundancy) (i) EBITDA from all Properties which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (ii) pro rata share of EBITDA from Joint Ventures and Unconsolidated Subsidiaries which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (iii) Corporate Recurring Income less corporate general and administrative expenses, net of the imputed management fee included in the definition of EBITDA, all capitalized at eighteen percent (18%), (iv) Gross Book Value of Properties acquired during the applicable reporting period, (v) pro rata share of Gross Book Value of properties acquired by Joint Ventures and Unconsolidated Subsidiaries during the applicable reporting period and (vi) recorded value of land and remaining tangible assets, as determined in accordance with GAAP.

Examples of GAV in a sentence

  • The Operating Partnership will pay the Advisor a monthly management fee (the “Management Fee”) equal to 0.0625% of GAV (subject to a cap of 0.125% of NAV), before giving effect to any accruals (related to the month for which the Management Fee is being calculated) for the Management Fee, the Distribution Fee, the Performance Allocation (as defined in the Operating Partnership Agreement) or any distributions.

  • However, it based on point to point translation/convertion or developing global as view (GAV).

  • The Operating Partnership will pay the Advisor a monthly management fee (the “Management Fee”) equal to 0.0625% of GAV (subject to a cap of 0.125% of Adjusted NAV), before giving effect to any accruals (related to the month for which the Management Fee is being calculated) for the Management Fee, the Distribution Fee, the Performance Allocation (as defined in the Operating Partnership Agreement) or any distributions.

  • Colonial Investments shall not exceed fifteen percent (15%) of GAV ("Investments Covenant").

  • As compensation for performing certain of the Services, Owner shall pay to the Manager, on a monthly basis in arrears, an asset management fee equal to 0.125% of GAV as of the end of each month (the “Asset Management Fee”).


More Definitions of GAV

GAV means Total IFRS Assets per the Balance Sheet Date.
GAV means the sum of (without redundancy) (i) EBITDA from all Properties which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (ii) Corporate Recurring Income less corporate general and administrative expenses, net of the imputed management fee included in the definition of EBITDA, all capitalized at eighteen percent (18%), (iii) Gross Book Value of Properties acquired during the applicable reporting period, and (iv) recorded value of land and remaining tangible assets, as determined in accordance with GAAP.
GAV means, with respect to the Property, the purchase price of the Property, based upon the purchase price allocations determined between the Pillarstone Capital REIT Operating Partnership, L.P. (“Pillarstone OP”), Whitestone REIT Operating Partnership, L.P. and the other parties thereto pursuant to that certain Contribution Agreement dated of even date herewith, excluding all indebtedness, liabilities or claims of any nature.
GAV means the sum of (without redundancy) (i) EBITDA from all wholly owned Properties which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (ii) pro rata share of EBITDA from Joint Ventures and Unconsolidated Subsidiaries which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (iii) Corporate Recurring Income less corporate general and administrative expenses, net of the imputed management fee included in the definition of EBITDA, all capitalized at eighteen percent (18%), (iv) Gross Book Value of wholly owned Properties acquired during the applicable reporting period, (v) pro rata share of Gross Book Value of Properties acquired by Joint Ventures (subject to the limitation in Section 11.8 (m) of this Agreement) and Unconsolidated Subsidiaries during the applicable reporting period, (vi) recorded value of land, and (vii) recorded value of Construction in Process (subject to the limitation of Section 11.8 (l) of this Agreement) and (viii) remaining tangible assets, as determined in accordance with GAAP.
GAV means Groupement Agricole Villageois, i.e., cooperative associations established by farmers to carry out operations of common interest such as input distribution, credit recovery and storage;
GAV means processed and non-processed acquired Volumes (including domestic and international retail purchases, cash transactions, on-us transactions, intra-processor transactions and local use only transactions) that occur as a result of one or more of (A) a transaction involving any one of MC Global's brands (E.G., MasterCard(R), Eurocard(R), Maestro(R), Cirrus(R) and ec Picto(R)) or (B) a non-MasterCard branded transaction involving a card which includes any one of MC Global's brand logos as well as other payment brand logos, provided that such other payment brands are not in direct competition with any of MC Global's brands as determined by MC Global.
GAV means the sum of (without redundancy) (i) EBITDA from all wholly owned Properties which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (ii) pro rata share of EBITDA from Joint Ventures and Unconsolidated Subsidiaries which have not been acquired within the applicable reporting period, capitalized at the appropriate Capitalization Rate, (iii) Gross Book Value of wholly owned Properties acquired during the applicable reporting period, (iv) pro rata share of Gross Book Value of Properties acquired by Joint Ventures (subject to the limitation in Section 11.8 (m) of this Agreement) and Unconsolidated Subsidiaries during the applicable reporting period, (v) recorded value of land, and (vi) recorded value of Construction in Process (subject to the limitation of Section 11.8 (l) of this Agreement) and (vii) remaining tangible assets, as determined in accordance with GAAP.