Property Values Clause Samples

The Property Values clause establishes how the value of a property is determined for the purposes of a contract or agreement. Typically, it outlines the method of valuation, such as using an independent appraiser, referencing market value, or relying on tax assessments, and may specify when and how valuations are to be conducted. This clause ensures both parties have a clear, agreed-upon basis for determining property worth, which helps prevent disputes and provides certainty in transactions involving property transfers, sales, or settlements.
Property Values. To prevent any unsightly appearance of the exterior of the Premises or any nuisance that could diminish property values in the immediate area, no “inside” furniture shall ever be placed outside.
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Property Values. Buyer and Seller have agreed on the allocation of values among the Assets as set forth in Exhibit C (the “Allocated Values”). Seller and Buyer agree that the Allocated Values shall be used for federal income tax purposes, for computation of any adjustments to the Purchase Price pursuant to the provisions of Article III and Article IV, and for all other purposes incident to this Agreement.
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Property Values. The Bridge Street District extends the experience of our walkable and vibrant Historic Dublin. It provides housing options for residents who want to remain in Dublin and enhances our property values by attracting young professionals who want to live where they work.
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Property Values. First Party’s Property Value for Exchange: $ Gross Equity: $ Second Party’s Property Value for Exchanges: $ Gross Equity: $ In addition to the exchange of the First Party’s Property for the Second Party’s Property, the Party shall pay, at closing, to the Party, the amount of $ . For purposes of Paragraphs 10 and 11 only, the purchase price for the First Party’s Property shall be $ , and the purchase price for the Second Party’s Property shall be $ .
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Property Values. Permit the Current Value of any single Portfolio Property at any time to exceed 25% of the Current Value of all of the Portfolio Properties or the aggregate Current Value of the Portfolio Properties having the three highest Current Value at any time to exceed 50% of the Current Value of all of the Portfolio Properties.
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Related to Property Values

  • Appraised Value If an Objecting Party objects in writing to the Initial Valuation within ten (10) days after its receipt of the Valuation Notice, the Objecting Party, within fourteen (14) days from the date of such written objection, shall engage an Independent Appraiser (the “First Appraiser”) to determine within thirty (30) days of such engagement the Fair Market Value of the Partnership Interests (the “First Appraised Value”). The cost of the First Appraiser shall be borne by the Objecting Party. If the First Appraised Value is at least eighty percent (80%) of the Initial Value and less than or equal to one hundred twenty percent (120%) of the Initial Value, then the Purchase Price shall be the average of the Initial Value and the First Appraised Value. If the First Appraised Value is less than eighty percent (80%) of the Initial Value or more than one hundred twenty percent (120%) of the Initial Value, then the Partnership and the Objecting Party shall, within fourteen (14) days from the date of the First Appraised Value, mutually agree on and engage a second Independent Appraiser (the “Final Appraiser”). The cost of the Final Appraiser shall be borne equally by the Partnership and the Objecting Party. The Final Appraiser shall determine within thirty (30) days after its engagement the Fair Market Value of the Partnership Interests, but if such determination is less than the lesser of the Initial Value and the First Appraised Value then the lesser of the Initial Value and the First Appraised value shall be the value or if such determination is greater than the greater of the Initial Value and the First Appraised Value then the greater of the Initial Value and the First Appraised Value shall be the value (the “Final Valuation”). The Purchase Price shall be equal to the Final Valuation and shall be final and binding upon the parties to this Agreement for purposes of the subject transaction.