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.
Appraised Value. (44) appraisal type; (45) automated valuation model (AVM); (46) appraisal date; and (47) with respect to the related Mortgagor, the debt-to-income ratio. With respect to the Mortgage Loans in the aggregate, the Mortgage Loan Schedule shall set forth the following information, as of the related Cut-off Date:
Appraised Value. The appraised value of the Mortgaged Property based upon the appraisal made for the originator at the time of the origination of the related Mortgage Loan or the sales price of the Mortgaged Property at the time of such origination, whichever is less, or (i) with respect to any Mortgage Loan that represents a refinancing other than a Streamlined Mortgage Loan, the appraised value of the Mortgaged Property based upon the appraisal made at the time of such refinancing and (ii) with respect to any Streamlined Mortgage Loan, the appraised value of the Mortgaged Property based upon the appraisal made in connection with the origination of the mortgage loan being refinanced.
Appraised Value. 5 Assignment....................................................................5
Appraised Value. Value according to an appraisal made by an Independent Appraiser.
Appraised Value. (44) appraisal type; (45) automated valuation model (AVM); (46) appraisal date; (47) with respect to the related Mortgagor, the debt-to-income ratio; (48) with respect to each MERS Designated Mortgage Loan, the MERS Identification Number; (49) a code indicating whether the Mortgage Loan was purchased from a correspondent; (50) a code indicating whether the Mortgage Loan does not comply with Subsection 9.02 (ooo) and (51) a code indicating whether the Mortgage Loan is a Home Loan. With respect to the Mortgage Loans in the aggregate, the Mortgage Loan Schedule shall set forth the following information, as of the related Cut-off Date:
Appraised Value. The “as-is” value of a parcel of Real Estate determined by the most recent Appraisal of such Real Estate, obtained pursuant to §2.12(a)(vi), §5.2, §5.3 or §10.13, or with respect to assets that are not Pool Properties, obtained pursuant to §7.4(l); subject, however, to such changes or adjustments to the value determined thereby as may be required by the appraisal department of the Agent in its good faith business judgment.
Appraised Value. Value according to an appraisal made by an Independent Appraiser, which may take into consideration any factor deemed appropriate by such Independent Appraiser, including, but not limited to, the terms and conditions of any lease of the relevant property, the quality of any lessee's credit and the conditions of the credit markets. The Appraised Value may be greater than the construction cost or the replacement cost of the property. For purposes of the definition of Adjusted Invested Assets, Appraised Value shall not include the initial appraisal of any property in connection with the acquisition of that property.
Appraised Value. Appraised Value" of a share shall mean the market value of the share. If no market value exists, "Appraised Value" shall mean that value determined pursuant to the remainder of this Paragraph 9. The Appraised Value may be mutually agreed upon by the selling and acquiring parties of the shares of Stock. If the parties cannot mutually agree on the Appraised Value of a share of Stock within ten (10) days after delivery of a written notice of exercise of a purchase right or obligation hereunder, then the Appraised Value of a share of Stock shall be equal to the fair market value of such share as determined as of the date of termination of Mr. Turner's employment witx xxx Xxxxxxxtion and in the following manner: the fair market value shall be determined by a Board of Arbitration comprised of three (3) members, one of whom shall be selected by the selling party and another of whom shall be selected by the acquiring party. The third arbiter shall be appointed by the two arbiters so selected. If either side fails to select an arbiter within fifteen (15) days after written request to do so, then the other party's arbiter shall unilaterally establish the Appraised Value in a written opinion. The decision of the majority of said arbiters, or of the single arbiter if applicable, shall be binding upon the parties hereto. If no two arbiters agree upon a single fair market value, it shall be the arithmetic average of the values determined by the two arbiters whose estimates are closest in value, which average value shall be binding upon the parties hereto. The arbiters shall render a written decision and shall conduct all proceedings pursuant to the Uniform Arbitration Act as adopted in the State of Arizona and to the then existing rules of the American Arbitration Association governing commercial transactions to the extent such rules are not inconsistent with such Act and this Agreement. Costs of arbitration shall be borne as determined by the arbiters. In determining the Appraised Value, no value shall be placed on the good will or name of the Corporation (except that good will may be valued at an amount not exceeding its unamortized cost to the extent it represents a cost to the Corporation, and all shares shall be valued equally, i.e., without regard to majority or minority status of such shares.
Appraised Value. All improvements which were considered in determining the Appraised Value of the related Mortgaged Property lay wholly within the boundaries and building restriction lines of the Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property;
