Tower Value definition

Tower Value for any Tower, the lesser of (a) the Acquisition Price of such Tower and (b) an amount equal to (x) the Tower Cash Flow of such Tower, divided by (y) 7%.
View Source
Tower Value for any Tower, the Acquisition Price of such Tower plus the amount of Non-Maintenance Capital Expenditures incurred or budgeted to be incurred in respect of such Tower within 12 months of the closing of the Acquisition of such Tower.
View Source
Tower Value in Section 1.1 of the Credit Agreement is hereby amended by deleting it in its entirety and inserting, in lieu thereof, the following: "for any Tower, the lesser of (a) the Acquisition Price of such Tower and (b) an amount equal to (x) the Tower Cash Flow of such Tower, divided by (y) 7%."
View Source

Related to Tower Value

  • SPS AER Value means the Underlying Reference Value.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • FR Barrier Value means, in respect of a SPS FR Barrier Valuation Date, the Underlying Reference Value.