Additional Appraisal definition

Additional Appraisal means each Appraisal delivered pursuant to Section 5.06(1)(y) of this Agreement.
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Additional Appraisal means collectively, the First Lien Additional Appraisals, the Second Lien Second Appraisal and the Second Lien Additional Appraisals.
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Additional Appraisal shall have the meaning set forth in Section 2.1(d) hereof.
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Examples of Additional Appraisal in a sentence

  • All appraisals for FHA loans must be completed by a HUD-approved appraiser Property Type FHA High Balance Additional Appraisal Requirements: In addition to standard appraisal requirements, the following additional requirements apply for loan amounts or total loan amounts including a concurrent second lien of greater than $1 million.

  • However, the creditor is not required to obtain an additional written appraisal that includes analysis under§ 1026.35(c)(4)(iv)(A) of the difference between the price at which the seller acquired the property and the price that the consumer is obligated to pay to acquire the property.35(c)(4)(vii) Exemptions From the Additional Appraisal RequirementParagraph 35(c)(4)(vii)(C)1.

  • CNH may deny approval of plans, Work Programs or Budgets in case they: (i) do not comply with the Minimum Work Program, the Minimum Program Increase, or the additional commitments made for the Additional Appraisal Period; (ii) do not comply with Industry Best Practices, or (iii) include conditions, which, in terms of the Contract, require the authorization of CNH and they have not been approved.

  • But the safe harbor does not apply to statements “made in connection with an initial public offering.” 15 U.S.C. § 78u- 5(b)(2)(D).

  • All additional support requirements shall be conducted in accordance with the "Additional Appraisal Services Schedule" as listed below.

  • Such additional Work Units would be credited if CNH grants the Additional Appraisal Period as provided in Article 4.3.

  • In case that during the Initial Appraisal Period the Contractor has carried out Work Units in addition to those established in the Minimum Work Program and the Minimum Program Increase, the Contractor may request that those additional Work Units be accredited in order to be considered part of the Additional Appraisal Period commitment.

  • Notwithstanding any provision of this Agreement to the contrary, the Agents shall not seek an appraisal during the nine month period following the Effective Date (other than with respect to an Additional Appraisal Triggering Event).

  • All appraisals for FHA loans must be completed by a HUD-approved appraiser Property TypeFHA High Balance Additional Appraisal Requirements: In addition to standard appraisal requirements, the following additional requirements apply for loan amounts or total loan amounts including a concurrent second lien of greater than $1 million.

  • The delivery of each Additional Appraisal shall solely be made to the Administrative Agent, for the benefit of the Revolving Lenders.


More Definitions of Additional Appraisal

Additional Appraisal shall have the meaning assigned to such term in Section 2.3(e)(7) hereof.
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Related to Additional Appraisal

  • Acceptable Appraisal means, with respect to an appraisal of Inventory, the most recent appraisal of such property received by Agent (a) from an appraisal company satisfactory to Agent, (b) the scope and methodology (including, to the extent relevant, any sampling procedure employed by such appraisal company) of which are satisfactory to Agent, and (c) the results of which are satisfactory to Agent, in each case, in Agent’s Permitted Discretion.

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Required Appraisal means, with respect to each Required Appraisal Loan, an appraisal of the related Mortgaged Property from an Independent Appraiser selected by the party required or authorized to obtain such appraisal hereunder, which appraisal shall be prepared in accordance with 12 CFR ss. 225.62 and conducted in accordance with the standards of the Appraisal Institute or, in the case of a Required Appraisal Loan having a Stated Principal Balance of, or in the case of a Mortgaged Property that has an allocated loan amount of, less than $2,000,000, if no satisfactory (as determined by the Special Servicer pursuant to Section 3.09(a)) appraisal meeting the foregoing criteria was obtained or conducted within the prior 12 months, a "desktop" value estimate performed by the Special Servicer.

  • Control Appraisal Period shall exist with respect to the Mortgage Loan, if and for so long as:

  • Current Appraisal With respect to any Mortgage Loan as to which the Purchaser has made an Election to Delay Foreclosure, an appraisal of the related Mortgaged Property obtained by the Purchaser at its own expense from an independent appraiser (which shall not be an affiliate of the Purchaser) acceptable to the Company as nearly contemporaneously as practicable to the time of the Purchaser's election, prepared based on the Company's customary requirements for such appraisals. Election to Delay Foreclosure: Any election by the Purchaser to delay the Commencement of Foreclosure, made in accordance with Section 2.02(b).

  • Approved Appraisal Firm Each of the following firms: Xxxxxxxx Xxxxx, Inc., Duff & Xxxxxx LLC, Lincoln Advisors, Xxxxxx, Xxxxxx and Company and Valuation Research Corporation and (b) each Independent financial adviser of recognized standing retained by the Issuer, the Collateral Manager or the agent or lenders under any Collateral Obligation, as approved by the Collateral Manager.

  • Approved Third-Party Appraiser means each of (a) Xxxxxx, Xxxxxx & Co., (b) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Inc., (c) Lincoln International LLC (formerly known as Lincoln Partners LLC), (d) Duff & Xxxxxx Corporation, (e) Valuation Research Corporation, (f) Xxxxxxx & Xxxxxx, (g) Xxxxxx Xxxxxxxxx and (h) any other third party appraiser selected by the Borrower in its reasonable discretion.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Required Appraisal Loan As defined in Section 3.19(a).

  • Approved Appraiser means any of the following: Xxxxx Xxxxxxxx Xxxxxx, Xxxxx, H Xxxxxxxx & Co. Ltd., London, X.X. Xxxxxx Shipbrokers, Norway, or Fearnley AS, Norway.

  • Appraisal Well means a Well drilled pursuant to an Appraisal Programme.

  • 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 Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.

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  • Uniform Standards of Professional Appraisal Practice means the current standards of the appraisal profession, developed for appraisers and users of appraisal services by the Appraisal Standards Board of the Appraisal Foundation.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Appraisal shall have the meaning assigned to such term in the Servicing Agreement.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Approved Valuer means a firm of valuers recognized as such by the Income Tax Department and having experience of valuing at least 5 (five) properties exceeding Rs. 100 cr. (Rupees one hundred crore) each in value;

  • Appraisal Report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Environmental Assessment Act means the Environmental Assessment Act, R.S.O. 1990, c.E.18.

  • Appraisal review means the act or process of developing

  • FIRREA means the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended.

  • self-assessment means an assessment made by a taxpayer or his representative under section 28;

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • MAI Appraiser With respect to any real property, a member of the American Institute of Real Estate Appraisers with a minimum of 5 years of experience appraising real property of a type similar to the real property being appraised and located in the same geographical area as the real property being appraised.