MRT Value definition

MRT Value with respect to a Participating Site which has a MRT Exempt Mortgage recorded against it, is equal to the Principal MRT Value of each MRT Exempt Mortgage so recorded, as such Principal MRT Value shall accrue with interest compounding annually at the Regular Accrual Rate from the date such MRT Exempt Mortgage is recorded until the Substantial Completion Date.
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Related to MRT Value

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.