Leasehold Value definition

Leasehold Value means the net present value, applying a discount rate of 12 1/2% per annum, at the time the calculation of such leasehold value is made, of all Basic Rent that would be required to be paid after such date if this Lease were to continue in full force and effect until the date set forth in Article 4 for the natural expiration of the Term;
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Leasehold Value. The unrestricted appraised value of the Leased Land and the Home.
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Examples of Leasehold Value in a sentence

  • The Formula Price equals the Lessee’s Purchase Price plus Lessee’s Share of Increase in Leasehold Value.

  • The Purchase Option Price shall be the lesser of (a) the Leasehold Value of the Leased Premises and Improvements as determined by the Appraisal commissioned and conducted as provided in 10.5 above or (b) the price calculated in accordance with the formula described below (the Formula Price).

  • The Parties agree that (i) payment for lost revenues generated at the LMM Airport Facility as part of Leasehold Compensation or the LMM Airport Facility Leasehold Value shall not constitute consequential, indirect, exemplary or punitive damages under the Act or otherwise and (ii) payments made by a Party to any third party shall always constitute indemnifiable losses hereunder notwithstanding whether such amounts represent consequential, indirect, exemplary or punitive damages for such third party.

  • MHT will not permit such a mortgage loan if the loan increases Homeowner’s total mortgage debt to an amount greater than the lesser of (i) 95% of the Formula Price as calculated in accordance with Article 10 below, or (ii) 80% of the Leasehold Value, or if the terms of the transaction otherwise threaten the interests of either the Homeowner or the MHT.

  • The increase in the Leasehold Value equals the appraised Leasehold Value at time of resale, calculated according to Section 10.5 above, minus the Initial Appraised Leasehold Value.

  • Whenever a Property is encumbered with a lease or leases, both the Leased Fee and Leasehold Values must be identified, together with an explanation of and adjustments for either a negative or positive Leasehold Value.

  • The parties agree that the appraised Leasehold Value of the Leased Premises and Improvements at the time of Lessee’s purchase (the Initial Appraised Leasehold Value) is $ as documented by the appraiser’s report attached to this Lease as Exhibit H: INITIAL APPRAISAL.

  • Lessee’s share of the increase in the Leasehold Value equals twenty-five percent (25%) of the Increase in Leasehold Value as calculated above.

Related to Leasehold Value

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property, other than any such leasehold interest designated from time to time by Collateral Agent in its sole discretion as not being required to be included in the Collateral.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Leasehold of any Person means all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Property Value means the fair market value of the real property, as remediated, less

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.