Total Property Value means, as of any date, the sum of (i) with respect to all Eligible Projects which have been owned by the Borrower for not less than four full consecutive calendar quarters, as of the first day of each fiscal quarter for the immediately preceding consecutive four calendar quarters, an amount equal to Adjusted NOI relating to such Eligible Project for such period divided by an annual interest rate equal to 7.75% and (ii) with respect to all Eligible Projects which have been owned by the Borrower for less than four full consecutive calendar quarters, an amount equal to the cost of acquiring such Eligible Projects less reasonable and customary transaction costs incurred in connection with such acquisition.
Total Property Value means, as of any date, the sum of (i) with respect to all Eligible Projects which have been owned by the Borrower for not less than four full consecutive calendar quarters, as of the first day of each fiscal quarter for the immediately preceding consecutive four calendar quarters, an amount equal to Adjusted NOI relating to such Eligible Project for such period divided by an annual interest rate equal to 9.5%, and (ii) with respect to all Eligible Projects which have been owned by the Borrower for less than four full consecutive calendar quarters, an amount equal to the cost of acquiring such Eligible Projects less reasonable and customary transaction costs incurred in connection with such acquisition.
Total Property Value to read as follows:
Examples of Total Property Value in a sentence
Total Property Value Impacts by Scenario and by Model 30Figure 7.
The formula is RO = [YE – M (YE + P 1/Sn¬ – RM) – ∆O 1/S n¬] / [1 + ∆I J] where RO = Overall Capitalization Rate YE = Equity Yield Rate M = Loan-to-Value Ratio P = Percentage of Loan Paid Off 1/S n¬ = Sinking Fund Factor at the Equity Yield Rate RM =Mortgage Capitalization Rate ∆O = Change in Total Property Value ∆I = Total Ratio Change in Income J = J Factor Also called mortgage-equity formula.
Exhibit 3-1Property Values by Category as a Percentage of Total Property Value Riviera and Peer Districts1998-99 DistrictBusinessResidentialLandOil and GasOtherBenavides33.6%9.6%20.6%35.5%0.7%Riviera26.3%19.7%27.1%26.7%0.2%Skidmore-Tynan25.3%16.6%38.6%18.9%0.6%Three Rivers73.9%5.8%8.6%11.6%0.1%Woodsboro32.6%29.1%29.0%8.4%0.9%Region 240.8%42.4%8.3% 8.2%0.3%State40.7%47.2%7.3% 4.1%0.7% Source: 1998-99 Academic Excellence Indicator System (AEIS).
DEMOGRAPHICS (2000 Census) continuedCOMMUNITY PROFILE BUSINESSThe Village has 1,389 businesses paying sales taxes.Land Use(b)Acres%Residential1,65328%Kind of Business Report (e) Transp., Comms., Utils.1,63728% Industrial/Bus.Park1,18721%Sales Category-2008 Sales Volume Total Property Value (2008)$4,212,971,961Hardware582,1117.2%Equal.
The carrying value of freehold properties held at valuation at the reporting date was £55.7 million (31.07.11: £55.7 million) as shown in the Analysis of Total Property Value table in the Chairman’s Statement.
More Definitions of Total Property Value
Total Property Value means, as of any date for any Project, (i) with respect to any Project which has been owned by a Consolidated Business for not less than four full consecutive calendar quarters, as of the first day of each fiscal quarter for the immediately preceding consecutive four full calendar quarters, an amount equal to Adjusted NOI relating to such Project for such period divided by the Capitalization Rate or (ii) with respect to any Project which has been owned by a Consolidated Business for less than four full consecutive calendar quarters, an amount equal to the cost of acquiring such Projects less reasonable and customary transaction costs incurred in connection with such acquisition.
Total Property Value. Total Value," and "Type" to read as follows:
Total Property Value means, as of any date for any Project, (i) with respect to any Project that has been owned by a Consolidated Business, and for any Project that has ceased to be a Development Project, for not less than four full consecutive calendar quarters, an amount equal to Adjusted NOI relating to such Project for the immediately preceding four full consecutive calendar quarters divided by the Capitalization Rate, (ii) with respect to any Project that has ceased to be a Development Project for more than one full calendar quarter but less than four full consecutive calendar quarters, an amount equal to (x) Adjusted NOI relating to such Project for the immediately preceding full consecutive calendar quarters that such Project has ceased to be a Development Project, multiplied by (y) a ratio the numerator of which is four and the denominator of which is the number of immediately preceding full consecutive calendar quarters that such Project has ceased to be a Development Project and divided by (z) the Capitalization Rate and (iii) with respect to any Project which has been owned by a Consolidated Business for less than four full consecutive calendar quarters, an amount equal to the cost of acquiring such Project less reasonable and customary transaction costs incurred in connection with such acquisition.
Total Property Value means the sum of the Contribution Value and the outstanding balance of the Loan Obligations.
Total Property Value means, as of any date, the sum of (i) with respect to all Eligible Projects which have been owned by the Borrower for not less than four full consecutive calendar quarters, as of the first day of each fiscal quarter for the immediately preceding consecutive four calendar quarters, an amount equal to Adjusted NOI relating to such Eligible Project for such period divided by an annual interest rate equal to 9.5%, and (ii) with respect to all Eligible Projects which have been owned by the Borrower for less than four full consecutive calendar quarters, an amount equal to the cost of acquiring such Eligible Projects less reasonable and customary transaction costs incurred in connection with such acquisition, "Total Value" means, as of any date, the sum of (i) Total Property Value for all Eligible Projects; (ii) an amount equal to 500% of the EBITDA derived from management and development activities of the Consolidated Businesses as of the first day of each fiscal quarter for the immediately preceding consecutive four calendar quarters; (iii) unrestricted Permitted Investments of the Consolidated Businesses; (iv) an amount equal to 50% of Book Value of undeveloped land and Projects on which construction is in progress, up to a maximum of 10% of Total Value before including the amount of Total Value derived from this clause (iv); (v) an amount equal to 75% of all (1)investments in notes secured by mortgages on the Property of any Person (including Affiliates) and (2) obligations of Affiliates and directors, 18
Total Property Value means, as of any date, the sum of (i) with respect to all Eligible Projects which have been owned by the Borrower for not less than four full consecutive calendar quarters, as of the first day of each fiscal quarter for the immediately preceding consecutive four calendar quarters, an amount equal to Adjusted NOI relating to such Eligible Project for such period divided by an annual interest rate equal to 8.25% (9.0% on and after September 1, 2005) and (ii) with respect to all Eligible Projects which have been owned by the Borrower for less than four full consecutive calendar quarters, an amount equal to the cost of acquiring such Eligible Projects less reasonable and customary transaction costs incurred in connection with such acquisition.
Total Property Value means (with respect to each Property) the sum of: (i) the Contribution Value of such Property pursuant to the terms of Section 2 hereof; and (ii) the outstanding balance (i.e., principal, accrued and unpaid interest, and any other amounts otherwise then due and payable other than those otherwise allocated hereunder) of the Loan Obligations assumed by such Property Owning Entity applicable to such Property together with all other credits identified in Section 2.1.1 hereof.