Valuer. Any valuer we use is an independent contractor and not our agent or employee. We are not responsible for the acts or omissions of the valuer. The valuation obtained is for our use and benefit only. Even if we give you a copy, you may not rely on it or take any action against us based on it. If you wish to rely on it you will need to arrange this with the valuer.
Valuer. The General Partner or any company it will appoint if necessary an external official valuation expert to carry on the valuations of any particular asset. Banker Banque de Patrimoines Privés 00, xxx Xxxxx L-2449 Luxembourg Grand Duchy of Luxembourg Broker Interactive Broker LLC Central Administration, Accounting, Domiciliation and NAV Calculation Banque de Patrimoines Privés 00, xxx Xxxxx L-2449 Luxembourg Grand Duchy of Luxembourg Subscription via Partnership Settle Under ISIN Code LU1860180790 Fund NAV Information on the Partnership and update of the NAV, please consult xxx.xxxxxxxxxxxxxx.xxx Currency EUR Auditors
Valuer. Laurelcap, being the independent registered property valuer for the Proposed Acquisition, has given and has not subsequently withdrawn its written consent to the inclusion of its name, the Valuation Certificate and all references thereto in the form and context in which they appear in this Circular. Laurelcap is also not aware of any conflict of interests which exists or is likely to exist in its capacity as the independent registered property valuer to our Company for the Proposed Acquisition.
Valuer. A Valuer must be a chartered surveyor appointed jointly by the Landlord and the Tenant or (if either of them fails to concur in an appointment for ten Working Days after being asked by the other) a Valuer may be nominated at the request of either by the President for the time being of the Royal Institution of Chartered Surveyors. The Valuer must: act as an expert and not as an arbitrator; and consider written representations from the Landlord and the Tenant received within 15 Working Days of the Valuer’s appointment. The decision of the Valuer is final and binding on the parties to this lease except in the case of manifest error. The Valuer may be discharged and another appointed in replacement by the President of the Royal Institution of Chartered Surveyors if: the Valuer dies or becomes unwilling to act or incapable of acting; or the Valuer fails to make and publish a determination within six months of appointment (or a longer period agreed in writing by the Landlord and the Tenant); or for any reason the President of the Royal Institution of Chartered Surveyors thinks fit. The fees and expenses of the Valuer, including the costs of the Valuer’s appointment and any counsel’s fees or other fees incurred by the Valuer, are payable by the Landlord and the Tenant in the proportions that the Valuer directs (otherwise equally). If either party does not pay its share of the Valuer’s fees and expenses within ten Working Days after demand by the Valuer, then the other may pay instead and that amount will be a debt of the non-paying party due and payable on demand to the party that paid. The Landlord and the Tenant otherwise each bear their own costs in connection with a reference to the Valuer.
Valuer. The First Valuer has adopted both the asset-based approach ( 資 產 基 礎 法 ) and the income approach ( 收 益 法 ) in determining the value of the Target Group. As each of the Target Company and GOME Logistics (a wholly owned subsidiary of the Target Company and the immediate holding company of Anxun Logistics) is an investment holding company and has no revenue, the asset-based approach was used by the First Valuer in determining the value of the Target Company and GOME Logistics. As Anxun Logistics has active operations and is generating revenue, the income approach was used to determine its value. Based on such valuation approaches, the First Valuer has determined that the value attributable to the shareholders of the Target Company as at 31 March 2019 was approximately RMB3,043.96 million. The Second Valuer Similar to the First Valuer, the Second Valuer has also adopted both the asset-based approach and the income approach in determining the value of the Target Group. The rationale for using two approaches was the same as that of the First Valuer where the asset-based approach was considered by the Second Valuer as a more appropriate method for determining the value of the Target Company and GOME Logistics, as each of the them is an investment holding company and has no revenue, and the income approach was used for determining the value of Anxun Logistics, as it has active operations and is generating revenue. Based on such valuation approaches, the Second Valuer has determined that the value attributable to the shareholders of the Target Company as at 31 March 2019 was approximately RMB3,046.90 million. Notwithstanding that the valuation reports prepared by the Independent Valuers were only used by the Company as reference tools and were not the primary factor for determining the consideration, the valuation reports prepared by the Independent Valuers, which used the income approach as one of the methods in determining the value of the Target Group is considered to be a profit forecast under Rule 14.61 of the Listing Rules. The principal assumptions adopted by the Independent Valuers are as follows:
Valuer. In the case of determination by a valuer:
Valuer. 1. Each Valuer shall be a valuation expert working for an independent firm of internationally recognised chartered accountants, valuers and/or financial advisers in Hong Kong, as may be appointed by Overland or ADCT by no later than 15 days after the date of service of an Option Exercise Notice or Termination Event Notice (as applicable).
Valuer. (a) The Principal Buyer and PDL must jointly instruct the Valuer within 10 Business Days after a referral under clause 5.2(h) and on the basis that the Valuer agrees to make a determination in relation to the Matters In Dispute and any consequential adjustments to the Completion Statement (Valuer's Adjustments) no later than 50 Business Days after the Referral Date as defined in clause 5.3(b)(1).
Valuer. The provisions of paragraph 4.2 of this agreement shall apply, with the necessary changes, to disputes in relation to the EBIT Certificate. Co-ordination agreement
Valuer. 3 shall determine the fair market valuation of the Company, based on the valuation report prepared by the Valuer 1 and Valuer 2, within 45 (forty five) days from the date of its appointment by the Company.
