Servicing Appraisals. Borrower shall provide a new Servicing Appraisal to the Lender once each calendar quarter; provided, that Lender shall have the right in its sole good faith discretion to require independent appraisals or evaluations more frequently than every calendar quarter; and provided further that the Servicing Appraisal for each calendar quarter must be provided to Lender no later than forty-five (45) days following the end of such quarter.
Servicing Appraisals. Within thirty (30) days after the last day of each calendar quarter a Servicing Appraisal as of the end of such quarter in form acceptable to Bank and by an appraiser acceptable to Bank in its sole discretion. Bank agrees to pay the costs and expenses of such Servicing Appraisal.
Servicing Appraisals. Within thirty (30) days after the end of each Fiscal Quarter, a Servicing Appraisal which may be ordered by Bank at Borrower’s sole cost and expense, commencing with the Fiscal Quarter ended June 30, 2024. In connection with the furnishing of any such Servicing Appraisal, Borrower shall upload to any such servicing appraiser website or electronic portal as directed by Bank all such data as may be reasonably requested in order to cause the furnishing of such Servicing Appraisal (or any other Servicing Appraisal ordered by Bank pursuant to the terms hereof) within seven (7) days following the end of each Fiscal Quarter. Notwithstanding the foregoing, Bank reserves the right to require Servicing Appraisals on a more frequent basis if any of the following should occur: (i) an Event of Default has occurred or is occurring or (ii) financial market volatility require more frequent valuations, as determined by Bank in its reasonable discretion.
Servicing Appraisals. Seller shall provide (i) a new Servicing Appraisal to the Administrative Agent once each calendar quarter and (ii) an internal valuation of the appraised value of the Servicing Rights pledged hereunder to Administrative Agent once each calendar month; provided, that the Servicing Appraisal for each calendar quarter must be provided to Administrative Agent no later than forty-five (45) days following the end of such quarter.
Servicing Appraisals. Seller shall provide a new Servicing Appraisal to the Buyer once each calendar quarter; provided, that Buyer shall have the right in its sole good faith discretion to require independent appraisals or evaluations more frequently than every calendar quarter; and provided further that the Servicing Appraisal for each calendar quarter must be provided to Buyer no later than forty-five (45) days following the end of such quarter.
