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to the Advisor an annual Advisory Fee equal to the lesser of (a) .55% of the <strong>Net Equity Value</strong> of the Owner for such annual period, or (b) 25% of the annual &quot;Funds from Operations&quot; (as hereinafter defined) in excess of the &quot;Advisory FFO Amount&quot; (as hereinafter defined).", "The Participation Threshold for any subset of Incentive Units granted on the same date shall be calculated as of the time immediately prior to the issuance of such Incentive Units and, unless otherwise determined by the Board, shall not be less the <strong>Net Equity Value</strong> as of such time.", "At or prior to the First Closing, BCA shall apply cash and cash equivalents, to closing-related expenses under this Agreement and the Exchange Agreement and distribute any remaining cash to CLA and CBS in such amounts as CLA deems appropriate and it is not intended that the UPREIT will acquire any interest therein except to the extent such cash is included in the <strong>Net Equity Value</strong> of BCA.", "At the First Closing, the parties hereto shall execute and deliver to one another a statement detailing the <strong>Net Equity Value</strong> of BCA and all relevant components and calculations thereof.", "The price at which a Member&#x27;s Interest may be purchased or sold under this Section 8.2 (the &quot;Buy-Sell Price&quot;) is the <strong>Net Equity Value</strong> of a Member&#x27;s Interest, determined as of the Election Day.", "In the event there are any post-closing adjustments under the Exchange Agreement and/or the amount of the <strong>Net Equity Value</strong> of BCA is not capable of exact calculation at the First Closing, the parties shall made adjustments and calculations on the basis of the best available information, and subsequent adjustments will be made between the parties as appropriate.", "The cost of determining <strong>Net Equity Value</strong> shall be borne one-half by the Adverse Member and one-half by the Company.", "Following the giving of such Election Notice, the <strong>Net Equity Value</strong> of the Adverse Member\u2019s Units shall be determined as of the last day of the Fiscal Quarter immediately preceding the Fiscal Quarter in which the Election Notice is given, and the Adverse Member shall be obligated to sell all but not less than all of the Adverse Member\u2019s Units in accordance with this Section 12.2 and subject to Section 11.10 above.", "BCA shall bear no responsibility for PREIT or the UPREIT\u2019s costs in connection with the negotiation of, or due diligence with respect to, the Exchange Agreement, and no adjustment to the <strong>Net Equity Value</strong> of BCA will result therefrom."], "related": [["equity-value", "Equity Value", "Equity Value"], ["total-equity-value", "Total Equity Value", "Total Equity Value"], ["net-equity", "Net Equity", "Net Equity"], ["company-value", "Company Value", "Company Value"], ["ri-value", "RI Value", "RI Value"]], "related_snippets": [], "updated": "2026-02-19T04:24:45+00:00"}, "json": true, "cursor": ""}}