Stabilization Costs definition

Stabilization Costs means property improvement and operating costs incurred by the Master Redeveloper on buildings which exist within the Project Area prior to demolition in accordance with this Agreement to maximize rental rates prior to demolition, less (i) net rental revenues generated by those buildings during that period and (ii) grants for stabilization.
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Examples of Stabilization Costs in a sentence

  • This analysis will include (1) a fair market value determination regarding the Element Property subject to the Controlling Interest Transfer, and (2) without limitation, all Acquisition Costs, Stabilization Costs, Land Carrying Costs, Project Redevelopment Costs, and all other improvement costs allocated to the Element Property subject to the Controlling Interest Transfer.

  • Further, if the Stabilization Costs are less than the cash left in the Property Company’s accounts at Closing, then the Holdback Amount shall be increased by the Management Company’s pro-rata share of the difference between such cash and the Stabilization Costs.

  • If at any time the Management Company’s pro-rata portion of the Stabilization Costs for any Deficient Company exceed the Holdback Amount applicable thereto (as reduced by any Indemnification Offset Amount), then Seller (and its successors and beneficial owners) hereby agrees to pay to Buyer an amount equal to the difference between such Stabilization Costs and the Holdback Amount (as reduced by any Indemnification Offset Amount) with respect to such Deficient Company.

Related to Stabilization Costs

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.