Examples of Property Operating Income in a sentence
Net Property Operating Income (NOI) is an industry measure in widespread use.
As used herein, the term “Equity Value” of a Subsidiary shall mean the lesser of: (1) Property Operating Income of such Subsidiary’s Properties owned as of the Agreement Execution Date capitalized at a 6.5% rate, less any Indebtedness of such Subsidiary; or (2) the appraised value of any of such Subsidiary’s Properties, less any Indebtedness of such Subsidiary.
OTHER: The Committee shall have the right, as and when it shall determine to be necessary or appropriate to the functions of the Committee: 1.
Projected ROI for development projects reflects the deal specific cash, unleveraged Property Operating Income (POI) generated by the development and is calculated as POI divided by cost.
EXPLANATION OF ADDITIONAL IFRS MEASURES USED IN THIS DOCUMENT Net Property Operating Income (NOI) is an industry term in widespread use.