Stabilized NOI definition

Stabilized NOI means, for any period, (x) Effective Gross Revenues for such period less
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Stabilized NOI means the Net Operating Income for Phase I for the 12 month period following the Stabilization Date.
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Stabilized NOI means, for any period, (x) Effective Gross Revenues for such period less (y) Expenses for such period, as determined or approved by the Controlling Person.
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Examples of Stabilized NOI in a sentence

  • The LLC's accountants shall calculate the Incentive Fee promptly after they have sufficient information to accurately calculate Stabilized NOI.

  • As of the Closing and as of the first day of each quarter thereafter, Stabilized NOI shall be determined as provided below, and each Additional Consideration Installment, if any, will be equal to the Stabilized NOI divided by 10% (the "Cap Rate") and then reduced by the Base Consideration and any prior Additional Consideration Installments.

  • As of the Closing and as of the first day of each quarter thereafter, Stabilized NOI shall be determined as provided below, and each Additional Consideration Installment, if any, will be equal to the Stabilized NOI divided by 8.75% (the "Cap Rate") and then reduced by the Base Consideration and any prior Additional Consideration Installments.

  • Borrower shall, at all times during each Applicable Measurement Period, maintain a ratio of Unencumbered Stabilized NOI to Unsecured Interest Expense of not less than 2.0 to 1, in each case, as calculated with respect to the full fiscal quarter immediately preceding the first day of such Applicable Measurement Period.

  • Borrower shall, as of the end of each fiscal quarter, maintain a ratio of (a) Unencumbered Stabilized NOI plus NOI from the Leased Properties to (b) Unsecured Interest Expense plus Lease Financing Interest Expense of not less than 2.5 to 1, in each case, without duplication and as calculated with respect to such quarter.

  • For each Proposed Community acquired and developed by the Company, in consideration for your efforts to pursue such Development Opportunity and obtain entitlements therefore, the Company will pay you an earnout fee upon Stabilization equal to 50% of the amount, if any, by which Stabilized NOI, capitalized at 9%, exceeds Total Project Cost.


More Definitions of Stabilized NOI

Stabilized NOI means a static measurement of annual net operating income at Stabilization based upon annualized revenues from leases in place at Stabilization (including both rent and service income) less total estimated annual operating expenses not recoverable from tenants, including the following:
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Stabilized NOI means for any period, as determined or approved by the Funding Lender, (x) Effective Gross Revenues for such period less (y) Expenses for such period.
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