Property Value definition

Property Value means for a Property: (i) with respect to any Property owned directly or indirectly by the Borrower, or any Exchange Fee Titleholder collectively for less than eight full fiscal quarters, the current Property Investment Value of such Property; and (ii) with respect to any Property owned directly or indirectly by the Borrower, or any Exchange Fee Titleholder collectively for eight or more full fiscal quarters, the greater of (a) the Net Operating Income for such Property for the most recently completed two fiscal quarters annualized divided by the applicable Capitalization Rate and (b) zero. A Property contributed to a joint venture by the Borrower, or any Subsidiary shall be deemed to have been owned by such joint venture from the date of such contribution and any Property acquired by the Borrower, or any Subsidiary from an affiliated joint venture shall be deemed to have been acquired by such Borrower, or any Subsidiary on the date of such acquisition from such joint venture.

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 Value means Annualized Modified Adjusted NOI for all Stabilized Properties divided by the Capitalization Rate; provided that a Stabilized Property that has a negative Adjusted NOI for the most recently ended quarter shall be valued at zero.

Examples of Property Value in a sentence

• Property Value: NGOs in general, and international staff in particular, are frequently identified by local populations as “rich,” possessing high-value equipment, vehicles, personal items, large amounts of cash, and warehouses full of relief supplies;D.

• Unless the following two sentences apply, the amount of the Property Value Guarantee shall be equal to the difference between the selling price pursuant to the offer and the Fair Market Value determined as provided in this Article, less the amount of the commission that would have been payable pursuant to the listing contract on that difference; provided, however, that the maximum amount that Great Northern shall be obligated to pay to the Eligible Owner is Twenty Five Thousand Dollars ($25,000).

• Notwithstanding any other provision of this Article, if an Adjoining Property is eligible for a Property Value Guarantee under this Agreement and is also eligible for a similar payment from one or more other Operators either under the Ordinance or under an operations agreement, the Property Value Guarantee and the cost of any appraisals shall be paid in equal shares by Great Northern and the other Operators.

• Results of the 2018 Comptroller’s Property Value Study have been certified to the Commissioner of Education in August 2019.

• Adjusted Average Property Value and Housing Units by Utility 42Table 10.

More Definitions of Property Value

Property Value means the fair market value of the real property, as remediated, less

Property Value. With respect to any Mortgage Loan, the Property Value of the related Mortgaged Property shall be: (i) with respect to a Mortgage Loan other than a Refinancing Mortgage Loan, the least of (a) the value of the Mortgaged Property based upon the appraisal made at the time of the origination of such Mortgage Loan, (b) the sales price of the Mortgaged Property at the time of the origination of such Mortgage Loan and (c) the value of the Mortgaged Property determined by the Seller based upon a review of the appraisal made in accordance with clause (a); and (ii) with respect to a Refinancing Mortgage Loan, the lesser of (a) the value of the Mortgaged Property based upon the appraisal made at the time of the origination of such Refinancing Mortgage Loan and (b) the value of the Mortgaged Property determined by the Seller based upon a review of the appraisal made in accordance with clause (a).

Property Value means the fair market value of the real property, as remediated, less any reduction in value attributable to the stigma of pollution; and

Property Value means, with respect to each Mortgage Loan, the value of the related Mortgaged Property, as determined in accordance with FHA Regulations, provided that the Property Value shall not be greater than the Appraised Value of such Mortgaged Property.

Property Value means the aggregate of:

Property Value means either (a) if within two years of the Company's or its Subsidiary's acquisition of the Property and absent a later dated Appraisal of the Property then the gross purchase price of the Property; or (b) if on or after the second anniversary of the acquisition of the Property by the Company or its Subsidiary, then the appraised value of the Property in accordance with the Appraisal required under Section 4.07 hereof.

Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report.