Ownership Recovery
Ownership Recovery. Shall mean (I) the Project Value for the Project and any Future Projects, minus (II) Total Development Costs for the Project and all such Future Projects. If the Project or a Future Project is sold anytime during the calendar year preceding the date of determination of Cost Recovery, such Project or Future Project shall not be included in the calculation of Ownership Recovery for such calendar year.
All Definitions
Found in
Reis, Inc. contract