Total Current Value definition

Total Current Value means, at any time, the sum of the Current Values for all of the Approved Unencumbered Parcels at such time. "Total Mortgage Value" means, at any time, the sum of the Mortgage Values for all of the Approved Unencumbered Parcels at such time. "Transferee" has the meaning specified in subsection 10.8.5. "Type" means, in connection with a Loan, the characterization of such loan as a Reference Rate Loan or a LIBOR Rate Loan. "UCC" means the Uniform Commercial Code as in effect in any jurisdiction, as the same may be amended, modified or supplemented from time to time. "Unfunded Pension Liabilities" means the excess of a Plan's benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan's assets, determined in accordance with the assumptions used by the Plan's actuaries for funding the Plan pursuant to section 412 of the Code for the applicable plan year.
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Examples of Total Current Value in a sentence

  • The total asset value of all undeveloped land owned by the Consolidated Group (excluding the value of any land under construction) shall not exceed Five Percent (5%) of the Total Current Value of Assets.

  • The Promoter is the absolute and lawful owner of the said Land described in Schedule H.

  • Other than the Revolving Facility and the Construction Loans, Borrower, Guarantor and the Special Purpose Entities will not have outstanding Recourse Indebtedness in excess of thirty percent (30%) of the Total Current Value of Assets.

  • Other than the Loans, the Mezzanine Debt and the Construction Loans, Borrower, Guarantor and the Special Purpose Entities will not have outstanding Recourse Indebtedness in excess of twenty percent (20%) of the Total Current Value of Assets.

Related to Total Current Value

  • Total Current Voting Power means, with respect to any entity, at the time of determination of Total Current Voting Power, the total number of votes which may be cast in the election of members of the board of directors of the corporation if all securities entitled to vote in the election of such directors are present and voted (or, in the event the entity is not a corporation, the governing members, board or other similar body of such entity).

  • Net Current Assets means for any date of determination the net current assets of such Person at such date of determination calculated as set forth on Exhibit H attached hereto.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Reference Amount means, for each share of Mandatory Convertible Preferred Stock, an amount equal to the sum of the following amounts: