Assumed Base Value definition

Assumed Base Value means, with respect to any Payment Date, for any ACS Group Aircraft, the product of (a) the Initial Appraised Value of such ACS Group Aircraft (or, in the case of any ACS Group Aircraft with respect to which an ACS Group Aircraft Conversion has been completed, the sum of the Assumed Base Value for such ACS Group Aircraft as of the Payment Date immediately succeeding the completion of such ACS Group Aircraft Conversion (assuming such ACS Group Aircraft Conversion shall not have occurred) plus the aggregate amount of the Conversion Payments made in respect of such ACS Group Aircraft) and (b) the quotient obtained by dividing the Depreciation Factor applicable to such ACS Group Aircraft on the Calculation Date related to such Payment Date by the Depreciation Factor applicable to such ACS Group Aircraft on the relevant Closing Date (or, in the case of any ACS Group Aircraft with respect to which an ACS Group Aircraft Conversion has been completed, on the Payment Date immediately succeeding the completion of such ACS Group Aircraft Conversion).
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Assumed Base Value means with respect to any Payment Date, for any Aircraft the product of (a) the Average Base Value of such Aircraft (or, in the case of any Aircraft with respect to which an Aircraft Conversion has been completed, the sum of the Average Base Value for such Aircraft as of the Payment Date immediately succeeding such completion and the aggregate Conversion Payments in respect of such Aircraft) and (b) the quotient obtained by dividing the Depreciation Factor applicable to such Aircraft on the Calculation Date related to such Payment Date by the Depreciation Factor applicable to such Aircraft on the Closing Date on which Notes were issued to finance the acquisition of such Aircraft.
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Assumed Base Value means, for any Aircraft on any date, the lesser of the mean and median of the Base Values in respect of such Aircraft rendered by each of the Appraisers as of the most recent appraisal of such Aircraft conducted pursuant to Section 5.03(i) hereof.”
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Examples of Assumed Base Value in a sentence

  • The percentages in the following chart are obtained by dividing the Assumed Base Value of all Aircraft leased to lessees habitually based or domiciled in the applicable country or category by the Assumed Portfolio Value.

  • The following chart sets forth the Concentration Limits that are applicable during periods when the weighted Portfolio age (weighted by Assumed Base Value of each Aircraft in the Portfolio) is (1) below ten years and (2) at or above ten years.

Related to Assumed Base Value

  • Base Value With respect to any Mortgage Loan for which Additional Collateral has been pledged, the value of the Additional Collateral as determined with respect to that Mortgage Loan in accordance with the applicable underwriting guidelines.

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • Assumed Debt has the meaning set forth in Section 2.2.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • Unencumbered Asset Value means, at any time for the Consolidated Group, without duplication, the sum of the following: (a) an amount equal to (i) Unencumbered NOI from all Unencumbered Properties (other than Non-Stabilized Properties and acquisition properties described in clause (b) below) that have been owned by the Consolidated Group for four full fiscal quarter periods or longer (which amount for each individual Unencumbered Property as well as the aggregate amount for all Unencumbered Properties shall not be less than zero) divided by (ii) the Capitalization Rate, plus (b) the aggregate acquisition cost of all Unencumbered Properties acquired during the then most recently ended four fiscal quarter period, plus (c) the undepreciated book value of Unencumbered Properties that are Non-Stabilized Properties; provided that if the Unencumbered Asset Value attributable to Non-Stabilized Properties accounts for more than 15% of Unencumbered Asset Value, the amount of undepreciated book value of such Non-Stabilized Properties that exceeds such limit shall be deducted from Unencumbered Asset Value, plus (d) cash from like-kind exchanges on deposit with a qualified intermediary (“1031 proceeds”), plus (e) the value of Mezzanine Debt Investments and Mortgage Receivables owned by the Consolidated Group that are not more than ninety (90) days past due determined in accordance with GAAP, in each case that are not subject to a Lien or Negative Pledge; provided that if the Unencumbered Asset Value attributable to Mezzanine Debt Investments and Mortgage Receivables accounts for more than 10% of Unencumbered Asset Value, the amount of Mezzanine Debt Investments and Mortgage Receivables that exceeds such limit shall be deducted from Unencumbered Asset Value, plus (f) the undepreciated book value of all Unimproved Land and Construction in Progress owned by the Consolidated Group to the extent any such assets are not subject to a Lien or Negative Pledge, plus (g) Balance Sheet Cash; provided that, to the extent that Unencumbered Asset Value attributable to investments in Mezzanine Debt Investments, Mortgage Receivables, 1031 proceeds, Unimproved Land, and Construction in Progress account for more than 25% of Unencumbered Asset Value, in the aggregate, the amount that exceeds such limit shall be deducted from Unencumbered Asset Value. For clarification purposes, in determining whether clause (a) or clause (b) above applies, the date a Property will be deemed to have been acquired is the date it was acquired by the Consolidated Group or any prior Affiliate of the Consolidated Group.

  • Borrowing Base Assets means any Loan Party’s Inventory and Receivables and other assets directly related thereto, including documents, instruments, general intangibles, deposit accounts and the proceeds of all of the same.

  • Excluded Assets has the meaning set forth in Section 2.2.