Qualified Appraiser Sample Clauses

Qualified Appraiser. An appraiser, duly appointed by the Seller or the Originator, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation was not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.
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Qualified Appraiser. An appraiser of a Mortgaged Property duly appointed by the originator of the related Mortgage Loan, who had no interest, direct or indirect, in such Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the related Mortgage Loan and who met the minimum qualifications of FNMA or FHLMC.
Qualified Appraiser. The term
Qualified Appraiser. Qualified Appraiser" means a real estate ------------------- appraiser who (i) is a member of the Appraisal Institute, (ii) is unaffiliated with Owner, Holder, and the third party under the Tendered Agreement, and (iii) has had full-time experience, during each of the immediately preceding five years, in appraising commercial real property in the area of the Real Estate. But if Holder will be purchasing Business Property, the Qualified Appraiser must also have had substantial experience, during the immediately preceding five years, in appraising business assets in the area of the Real Estate. If the Appraisal Institute ceases to exist, a reasonably comparable, nationally recognized organization of real estate appraisers will be substituted in the definition of Qualified Appraiser.
Qualified Appraiser. The Lender will use an appraiser that is properly licensed or certified, as appropriate, to make residential real estate appraisals in accordance with the criteria set forth by the Appraiser Qualification Board (AQB) of the Appraisal Founda- tion regardless of the amount of the loan. Appraisers may not discriminate against any person in making or per- forming appraisal services because of race, color, familial status, religion, sex, age, disability, or national origin.
Qualified Appraiser. An appraiser, duly appointed by the Seller, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation was not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfied the requirements of Xxxxxx Mae or Xxxxxxx Mac and Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended and in effect from time to time, and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.
Qualified Appraiser. An appraiser of a Mortgaged Property duly appointed by the originator of the related Mortgage Loan, who had no interest, direct or indirect, in such Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the related Mortgage Loan and who met the minimum qualifications of Fannie Mae or Freddie Mac and satisfied the requirements of Title XI xx XXRREA.
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Qualified Appraiser. An appraiser having a national reputation qualified to appraise cable television channels in the United States, or interests therein, and reputable in his, her or its field, and who is not affiliated with the Company, any Partner, or the assets of any of them or their Affiliates.
Qualified Appraiser. An investment banking firm of nationally recognized standing with experience in valuing businesses of the type then engaged in by United.
Qualified Appraiser. If the two (2) selected Qualified Appraisers fail to appoint a third (3rd) Qualified Appraiser within ten (10) days following the Effective Date of written notice from the Defaulting Member notifying the Non-Defaulting Member of the selection of the second (2nd) Qualified Appraiser, either Member may petition a court of competent jurisdiction to appoint a third (3rd) Qualified Appraiser. The Qualified Appraiser or three (3) Qualified Appraisers, as the case may be, shall promptly fix a time for the completion of the appraisal, which shall not be later than thirty (30) days from the Effective Date of the appointment of the last Qualified Appraiser. The Qualified Appraiser(s) shall determine the Appraised Value by determining the fair market value of the assets of the Company, such being the fairest price estimated in the terms of money which the Company could obtain if the assets of the Company were sold, for all cash, in the open market allowing a reasonable time to find a purchaser. Upon submission of the appraisals setting forth the opinions as to the Appraised Value of the assets of the Company, the two (2) such appraisals which are nearest in amount shall be retained, and the third (3rd) appraisal shall be discarded. The average of the two (2) retained appraisals shall constitute the Appraised Value of the assets of the Company for purposes of this Article 7; unless one (1) appraisal is the mean of the other two (2) appraisals, in which case such appraisal shall constitute the Appraised Value of the assets of the Company for purposes of this Article 7.
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