Stabilized Value definition

Stabilized Value means the value of the Property, determined following the Completion of the Improvements. The Stabilized Value shall be determined based upon an MAI appraisal performed, at Borrower’s sole cost and expense, by an appraiser approved by Lender and dated, or updated, to a date within 30 days or the date of the Completion of the Improvement occurs made in compliance with FIRREA and reasonably satisfactory to Lender in all respects; the appraisal value shall be subject to review and confirmation and updating as to valuation by Lender’s internal appraisal staff, whose decision shall be final absent manifest error.

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Stabilized Value means the market value of the Property after it reaches stabilized occupancy as evidenced by an appraisal of the Property.

Stabilized Value is defined in the Master Contribution Agreement.

Examples of Stabilized Value in a sentence

Reg 17 Safe Harbor Rate 17 SEC 17 Securities Act 18 Service Companies 18 Stabilized Value 18 Subsequent BCR Entities 18 Subsequent FCE Entities 18 Substituted Member 18 Tax Matters Member 18 Trading Day 18 Transfer 18 Units 19 Unreturned Capital 19 1.2. Exhibits, Etc.
At all times during the term of this --------------------------- Agreement, the ratio of the applicable Maximum Commitment Amount of the Line of Credit to the discounted value of the Real Property and Improvements at stabilized occupancy ("Discounted Stabilized Value") shall at no time exceed seventy percent (70%)(the "Maximum Loan-to-Value Ratio").
For purposes of this Section 9.5, Bank shall determine the Discounted Stabilized Value of the Real Property and Improvements using a methodology which (i) conforms to then-current regulatory requirements, (ii) is considered by Bank to be appropriate under the circumstances, and (iii) takes into account then-current market conditions, including vacancy factors, estimated date of stabilization, discount rates, and rental rates and concessions, all as determined by Bank.
To qualify as an Eligible Asset, the Borrower shall not commit to finance more than 100% of the Budgeted Costs or 100% of the Stabilized Value of such Eligible Asset.

More Definitions of Stabilized Value

Stabilized Value means the value of the Contributed Development Asset upon Stabilization as determined by Acquirer’s board of directors (collectively, the “Acquirer Board”) in good faith based upon appraisals received from three nationally recognized multifamily property appraisers engaged by Acquirer who appraise the Contributed Development Asset. Such appraisals shall consider the stabilized net operating income of the Contributed Development Assets. In determining the Stabilized Value, the Acquirer Board shall consider the appraisals described above, as well as such other factors as the Acquirer Board, in its business judgment, deems relevant.

Stabilized Value means, as of any date in respect of an Eligible Asset or Pledged Eligible Asset, the stabilized value of the collateral property underlying such Eligible Asset or Pledged Eligible Asset, as determined in good faith by the Borrower and approved by the Lender in its sole discretion. The Stabilized Value of a Pledged Eligible Asset shall be described in the Underwriting Transmittal of such Pledged Eligible Asset.

Stabilized Value means, with respect to the Oakland Hills Property, the Buffalo Grove Property and the Smithtown Property an amount equal to (i) the Net Operating Income of the Property for the three (3) month period beginning with the month in which Stabilization occurred, (ii) multiplied by four (4), and (iii) divided by the Cap Rate.