Property Appreciation definition

Property Appreciation means, with respect to a taxable disposition of a Real Property, the excess of the sales price paid in such disposition (including amounts paid through the assumption of debt) over the initial Gross Asset Value of such Real Property.
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Property Appreciation means that portion of Disposition Proceeds which is in excess of the Initial Value of the real property that is the subject of the disposition.
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Examples of Property Appreciation in a sentence

  • Each of the Property Appreciation Rights must be exercised in whole by Reorganized CWOP.

  • After the Effective Date, the sole assets of Reorganized CWOP will be an initial 10% of the Jamboree LLC Units and its rights under the New Property Appreciation and Exchange Rights Agreement.

  • If, after Reorganized CWOP exercises a Property Appreciation Right, Jamboree Office REIT elects to declare a dividend of any cash paid upon the exercise of the New Property Appreciation Rights, then the dividend will be distributed to shareholders of Jamboree Office REIT based on their ownership interests after giving effect to the exercise of the applicable right.

  • In the event that Reorganized CWOP has not exercised the New Tranche A Property Appreciation Right at the time of exercise of the New Tranche B or the New Tranche C Property Appreciation Right, the exercise price for the shares will be reduced by 10%.

  • Manufacturer shall maintain a copy of the "Document for Incomplete Vehicles" supplied by GM with certain Vehicles and a record of the name and address of the first retail purchaser of each End Product and shall make such information available to GM at the times and in the manner specified by GM.

  • Reorganized CWOP's rights under the New Property Appreciation and Exchange Rights Agreement are nontransferable except to an affiliate of the Debtor.

  • The units in Jamboree LLC may not be transferred, except that Reorganized CWOP may exchange its units for Jamboree Office REIT Shares through the exercise of its exchange right under the New Property Appreciation and Exchange Rights Agreement.

  • The New Property Appreciation Rights will be exercisable at any time until the earlier of (i) the close of business on March 27, 2002, and (ii) any change in control of Jamboree Office REIT occurring after March 27, 2000; provided that the Reorganized CWOP may not exchange its Jamboree LLC Units for Jamboree Office REIT Shares for one year after the Effective Date except in certain circumstances.

  • The Confirmation Order will authorize the issuance of the Jamboree LLC Units, the New Notes, the New Property Appreciation Rights, the Jamboree Office REIT Shares and the Jamboree Office REIT Shares to be issued upon exercise of the New Property Appreciation Rights and Reorganized CWOP's exchange of its Jamboree LLC Units.

  • The New Tranche B Property Appreciation Right is exercisable at any time during the exercise period described above that the fair market value of the outstanding Jamboree Office REIT Shares equals or exceeds a dollar amount that, when divided by Jamboree Office REIT's percentage equity interest in Jamboree LLC, equals $98 million.