Real Estate Appraisal. The Owner Participant shall have received an appraisal of the Real Property Interest, which appraisal shall reflect the appraiser's reasonable conclusion that the fair market value in the hands of the Owner Trustee of the Real Property Interest on the Closing Date is equal to the Real Estate Investment. Such appraisal shall cover such other matters as the Owner Participant shall have requested.
Real Estate Appraisal. Administrative Agent shall have received appraisals from one or more independent real estate appraisers satisfactory to Administrative Agent, in form, scope and substance satisfactory to Administrative Agent and satisfying the requirements of any Applicable Laws, concerning any Closing Date Mortgaged Properties, in each case to the extent required under such Applicable Laws as determined by Administrative Agent in its discretion.
Real Estate Appraisal. The Administrative Agent shall have received a FIRREA-compliant MAI Appraisal of all real property comprising Collateral from an independent real estate appraiser in form, scope, substance and amount reasonably satisfactory to the Administrative Agent and satisfying the requirements of any applicable laws and regulations, which such appraisal shall state a completion value of such real property Collateral of $525.0 million or more.
Real Estate Appraisal an original plus two (2) copies of a current appraisal report will be required. Due to the time-sensitive nature of this report, the appraisal should not be submitted with the initial application. An appraisal request along with a list of appraisal requirements will be sent once the application is deemed complete. Please be advised that submitting the appraisal with the initial application may result in the need for a second appraisal.
Real Estate Appraisal. Satisfactory appraisals of the real estate secured by the Mortgages, to the extent not previously delivered to the Agent in connection with the Existing Loan Agreement,.
Real Estate Appraisal. The Administrative Agent shall have received a FIRREA-compliant MAI Appraisal of all real property Collateral associated with each Primary Project (other than the Four Seasons Macao Overall Project) and the Sands Macao Casino prepared by HVS International in form, scope and substance reasonably satisfactory to the Arrangers and the Administrative Agent, such appraisal to be issued in two separate reports as follows: (i) covering the Sands Macao Casino (including the Sands Macao Podium Expansion Project), the Venetian Macao Resort Project, the Venetian Macao Casino Project and the Venetian Macao Convention Center; and (ii) covering the Venetian Macao Mall, in each case satisfying the requirements of any applicable laws and regulations.
Real Estate Appraisal. The Administrative Agent shall have received a newly commissioned Appraisal of the Property which (i) indicates an “as-is” value of at least $120,000,000 thereby resulting in a maximum “as-is” Loan to Value Ratio of fifty percent (50%) and (ii) is otherwise in form and substance satisfactory to the Administrative Agent.
Real Estate Appraisal. 8 VIII. REAL ESTATE NEGOTIATIONS............................................................. 12 IX. REAL ESTATE RELOCATION CONSULTANT....................................... 15 X. ASBESTOS AND HAZARDOUS CONTAMINANTS INVESTIGATION .. 18
Real Estate Appraisal. Satisfactory appraisals of the real estate secured by the Mortgages, other than the appraisal of the real property located at 000 Xxxxx Xxxx, Broussard, Louisiana.
Real Estate Appraisal. The Borrower hereby acknowledges, agrees and consents to the Agent retaining the services of a real estate appraiser in the sole discretion of the Agent to perform a real estate appraisal with regard to the Mortgaged Premises as soon as reasonably possible hereafter at the sole cost and expense of the Borrower.
