PROPERTY BASIS definition

PROPERTY BASIS means, with respect to a particular Property, the amount set forth opposite the reference to such Property on the attached Schedule 1.1(B) under the caption "Property Basis."
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Examples of PROPERTY BASIS in a sentence

  • INCOME FROM HOUSE PROPERTY BASIS OF CHARGE – (Sec 22) [NAV is taxable; Rent is only a measure to compute NAV] Building + Land attachedOwnership of HP in PYNot used for Business◾ Rent of Vacant Land → IFOS◾ Subletting of HP → IFOS◾ + Deemed Ownership◾ Registered/Beneficial◾ If used for Business→ No Tax u/h PGBP. HP with Disputed Title → Owner of HP = As Decided by IT Dep.

  • There are 6 students who rarely quiz themselves regarding the possible subject matters which can appear in exam papers.

  • Any unusual combination of the many factors could result in future receipts being considerably more or less than those estimated herein.THE REVENUES AND PRESENT WORTH OF FUTURE NET REVENUES ARE NOT REPRESENTED TO BE MARKET VALUES EITHER FOR THE INDIVIDIUAL PROPERTIES OR ON A TOTAL PROPERTY BASIS.

  • Repeated or prolonged eye contact may cause inflammation (similar to windburn) characterised by a temporary redness of the conjunctiva (conjunctivitis); temporary impairment of vision and/or other transient eye damage/ulceration may occur.Chronic:The toxicity of TPA has been investigated in studies using repeated dose dietary exposure and repeated inhalation exposure in studies in the rat.

  • Any unusual combination of variations in these factors could result in future receipts considerably more or less than those estimated herein.THE ESTIMATED FUTURE NET REVENUES AND PRESENT WORTH OF FUTURE NET REVENUES ARE NOT REPRESENTED AS MARKET VALUE EITHER FOR THE INDIVIDUAL PROPERTIES OR ON A TOTAL PROPERTY BASIS.

  • AGGREGATE SPOUSAL PROPERTY BASIS INCREASE.—In the case of any estate, the aggregate spousal property basis increase is $3,000,000.

  • THE REVENUES AND PRESENT WORTH OF FUTURE NET REVENUES ARE NOT REPRESENTED TO BE MARKET VALUES EITHER FOR THE INDIVIDUAL PROPERTIES OR IN A TOTAL PROPERTY BASIS.

  • The these examinations shall be used to update Figures 3.4-2it 3.4-3e!-JTURKEY POINT UNITS 3 & 4 3/4 4-30 AMENDMENT NOS06 0D INDICATED PRESSURE (PSIG;) 25 4 a.n -44 - - - - - - - - - - - - - - - - - - - - - r - A- -- - - - - C-,) MATERIAL PROPERTY BASIS LIMITING MATERIAL: Intermediate/Lower Shell Circumferential Weld Seams (Ht. # 71249) LIMITING ART VALUES AT 32 EFPY: 1/4T, 262 0 F3/4T, 218OF FPL 32 EFPY HEATUP CURVES 2500 , .

Related to PROPERTY BASIS

  • Property NOI means, with respect to any Property for any Rolling Period (without duplication) the aggregate amount of (i) Property Income for such period minus (ii) Property Expenses for such period.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Property Income means cash rents (excluding non-cash straight-line rent) and other cash revenues received by the Borrower or a Guarantor in the ordinary course for any Property, but excluding security deposits and prepaid rent except to the extent applied in satisfaction of tenants’ obligations for rent.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • CMSA Property File means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Property File" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Property Name Property Address: Control No.: The Mortgage File should be delivered to the following: ________________________________________ ________________________________________ ________________________________________

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Property Loss Event means any loss of or damage to property of Group or any Subsidiary thereof that results in the receipt by such Person of proceeds of insurance in excess of $2,000,000 or any taking of property of Group or any Subsidiary thereof that results in the receipt by such Person of a compensation payment in respect thereof in excess of $2,000,000.

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  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Unencumbered Property means any one of the Unencumbered Properties.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c).

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.