Appraised Current Market Value definition

Appraised Current Market Value of any Aircraft means the lower of the average and the median of the three most recent Post-Default Appraisals of such Aircraft.
Appraised Current Market Value of any Leased Aircraft or Owned Aircraft means the lower of the average and the median of the three most recent Appraisals of such Aircraft.
Appraised Current Market Value of any Aircraft means the lower of the average and the median of the most recent three LTV Appraisals of such Aircraft. After a Triggering Event occurs and any Equipment Note becomes a Non-Performing Equipment Note, the Subordination Agent shall obtain LTV Appraisals of the Aircraft securing such Equipment Note as soon as practicable and additional LTV Appraisals on or prior to each anniversary of the date of such initial LTV Appraisals; provided that if the Controlling Party reasonably objects to the appraised value of the Aircraft shown in such LTV Appraisals, the Controlling Party shall have the right to obtain or cause to be obtained substitute LTV Appraisals (including LTV Appraisals based upon physical inspection of such Aircraft).

Examples of Appraised Current Market Value in a sentence

  • Manager Anderson indicated that she isn’t surprised by the feedback staff has received thus far.

  • The Appraisers' assessment of Appraised Current Market Value reflects the underlying economic value of aircraft and engines in normal market conditions.

  • Consequently, the sales value that could be achieved for the aircraft in the event that they were disposed of in the current market may be less than the average Appraised Current Market Value and carrying value as at June 30, 2004.


More Definitions of Appraised Current Market Value

Appraised Current Market Value of all or any Aircraft, Engine or Spare Engine means the lower of the average and the median of the three most recent Post-Default Appraisals of such Collateral, and with respect to Spare Parts, the most recent Post-Default Appraisal.
Appraised Current Market Value of any Aircraft means the average of three of the five most recent Appraisals of such Aircraft determined by removing the Appraisals with the highest and lowest appraisal value.
Appraised Current Market Value means the “current market value” (as defined by ISTAT) of the applicable Eligible Spare Engine as reflected on the most recent Appraisal for such Eligible Spare Engine as adjusted for the condition, specification, maintenance record and use of such Eligible Spare Engine at the time of such determination.
Appraised Current Market Value of any Aircraft means the lower of the average or the median of the most recent three LTV Appraisals of such Aircraft.
Appraised Current Market Value means, in relation to an Aircraft and any date of determination, the average of the three (3) desk-top appraised Base Values of such Aircraft given by the Appraisers as at a date falling not more that three (3) months prior to such date of determination.
Appraised Current Market Value of any Aircraft means the lower of the average and the median of the most recent three LTV Appraisals of such Aircraft. After a Triggering Event occurs and any Equipment Note becomes a Non-Performing Equipment Note, the Subordination Agent shall obtain LTV Appraisals for the Aircraft as soon as practicable and additional LTV Appraisals on or prior to each anniversary of the date of such

Related to Appraised Current Market Value

  • Open Market Value means, in relation to a supply of goods or services, or to goods that are imported, the amount (together with the GST chargeable on the supply or the importation) that would be payable for the supply or the goods if the supply or importation were for such a consideration in money as would be payable, for the supply or the importation, by a person standing in no such relationship with any person as would affect that consideration;

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Best Value means the method by which a proposal/contract, if any, is awarded, in accordance with applicable laws, rules, and regulations. Best Value includes multiple parameters, including experience, references, quality of the Vendor's product(s)/service(s), and price, as detailed in Section 6.0 Evaluation and Award.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • 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.