Aggregate Adjusted Current Value definition

Aggregate Adjusted Current Value means, as of any date of determination, the sum of the Adjusted Current Values as of such date for all Assets.
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Aggregate Adjusted Current Value means, as of any date, the sum of (i) the Adjusted Current Values for all Income-Producing Projects (other than the HGS Borrowing Base Project) then included in the Unencumbered Pool plus (ii) if the HGS Borrowing Base Project is then included in the Unencumbered Pool, either (x) until the repurchase right held by the former owner of the HGS Borrowing Base Project has expired unexercised or otherwise been terminated, the lesser of (A) the Net HGS Repurchase Price and (B) the Adjusted Current Value for the HGS Borrowing Base Project or (y) thereafter, the Adjusted Current Value for the HGS Borrowing Base Project.
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Aggregate Adjusted Current Value means, as of any date, the sum of (i) the Adjusted Current Values for all Income-Producing Projects (other than the HGS Borrowing Base Project) then included in the Unencumbered Pool plus (ii) if the HGS Borrowing Base Project is then included in the Unencumbered Pool, the lesser of (A) $200,000,000 and (B) the Adjusted Current Value for the HGS Borrowing Base Project.
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Examples of Aggregate Adjusted Current Value in a sentence

  • The Company shall not permit, at any time, the ratio of (a) the aggregate amount of Total Liabilities then secured by real property to (b) Aggregate Adjusted Current Value to exceed .35 to 1.0.

  • The Company shall not permit, at any time, the ratio of (a) Total Liabilities to (b) Aggregate Adjusted Current Value to exceed .50 to 1.0.

  • The Company shall not permit, at any time, the ratio of (a) the aggregate amount of Total Liabilities then secured by real property to (b) Aggregate Adjusted Current Value to exceed .35 to 1.0. The foregoing covenant shall be tested quarterly as of the end of each calendar quarter.


More Definitions of Aggregate Adjusted Current Value

Aggregate Adjusted Current Value means, as of any date, the sum of the Adjusted Current Values for all Income-Producing Projects then included in the Unencumbered Pool.
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Aggregate Adjusted Current Value shall also include the Company's direct or indirect proportionate interest in the value of any assets owned by such Affiliated Partnerships, determined in the same manner as for Assets. The foregoing covenant shall be tested quarterly as of the end of each calendar quarter. Notwithstanding the foregoing, the Company may request in writing of Agent (and Agent shall not unreasonably withhold its consent) that the maximum Leverage Ratio be increased to .55 to 1.0 for a period of no more than six (6) months, if and only if the fact that the Company's Leverage Ratio exceeds .50 to 1.0 is a direct result of the Company's acquisition of a company or a portfolio of properties having an acquisition cost greater than or equal to 15% of the Company's total assets immediately prior to such acquisition, determined in accordance with GAAP. In the event that Agent consents to a temporary increase in the Leverage Ratio in accordance with the immediately preceding sentence, then during the period of such temporary increase, the Reference Rate Spread and the LIBOR Rate Spread each shall be increased by 0.25% per annum.
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Related to Aggregate Adjusted Current Value

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Aggregate Value means, with respect to any block of Equity Stock, the product of (i) the number of shares of Equity Stock within such block and (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.