OP Adjustment definition
OP Adjustment means on any measurement date an amount equal to the fair ------------- market value on the date of issuance of all partnership interests in the Borrower which on such measurement date (a) are not directly or indirectly owned by the Parent and (b) have been conveyed to ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇▇▇▇ ▇.
Examples of OP Adjustment in a sentence
The OP Adjustment amount as of June 30, 1998 is approximately $10,300,000.