Restricted Value definition

Restricted Value means "Market Value" assuming the Property to be encumbered by a governmental or private restriction governing rents and tenant income levels for a term.
View Source
Restricted Value means "Market Value" assuming the Property to be (i) encumbered by a governmental or private restriction governing rents and tenant income levels for a term, and (ii) benefited by a reduction in, or exemption from, property taxes in the event that it will be owned by a non-profit entity and (iii) (Applicable only if there is a Project Based Section 8 Contract), benefited by the annuity value of a project-based Housing Assistance Contract, for the term of the contract, if applicable.
View Source
Restricted Value means a value standard other than full cash value prescribed by the Constitution or by statute authorized by the Constitution.
View Source

Examples of Restricted Value in a sentence

  • Each Subscriber and its Affiliates, transferees and assigns will be deemed a single entity when determining the Restricted Value applicable to such Subscriber, and its Affiliates, transferees and assigns.

  • Without limiting the foregoing, substances in Product and Product Packaging will not exceed the following maximum concentration values in any homogeneous material (Restricted Value): (1) 0.1% (by weight) for each of lead, mercury, hexavalent chromium, polybrominated biphenyls or polybrominated diphenylethers; or (2) 0.01% (by weight) for cadmium.

  • The Restricted Value applicable to ▇▇▇▇▇ in connection with the Restricted Instruments shall be $1,250,000.

  • Without limiting the foregoing, substances in Product and Product Packaging will not exceed the following maximum concentration values in any homogeneous material ( Restricted Value Restricted Values"): (1) 0.1% (by weight) for each of lead, mercury, hexavalent chromium, polybrominated biphenyls or polybrominated diphenyl ethers; or (2) 0.01% (by weight) for cadmium.

Related to Restricted Value

  • Restricted Amount has the meaning set forth in Section 2.11(b)(iv).

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Restricted Distribution means as to any Person (a) any dividend or other distribution on any equity interest in such Person (except those payable solely in its equity interests), or (b) any payment (except those payable solely in its equity interests) on account of (i) the purchase, redemption, retirement, defeasance, surrender or acquisition of any equity interests in such Person, or (ii) any option, warrant or other right to acquire any equity interests in such Person.

  • Commuted Value means the actuarial present value of the pension or other benefit to which an employee, or their spouse or designated beneficiary, if applicable, is or will become entitled and which confirms to generally accepted actuarial principles and is accepted under the Pension Benefits Act, 1987 (Ontario) and regulation thereunder.

  • Restricted rights, as used in this clause, means the rights of the Government in restricted computer software, as set forth in a Restricted Rights Notice of paragraph (g) if included in this clause, or as otherwise may be provided in a collateral agreement incorporated in and made part of this contract, including minor modifications of such computer software.