Amended Value Sale definition

Amended Value Sale means the sale of a Home by an Employee to Coldwell Banker at a price equal to a bona fide third-party that is (i) higher than the Appraised Value or (ii) acceptable to the Employee, and approved by Coldwell Banker (the “Amended Value”).
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Amended Value Sale means the sale of a Home by an Employee to Cartus at a price equal to a bona fide third-party offer that is (i) higher than the Appraised Value or (ii) acceptable to the Employee, and approved by Cartus (the “Amended Value”).
Sample 1
Amended Value Sale means the sale of a Home by an Employee to Cartus at a price equal to a bona fide third-party offer that is (i) higher than the Appraised Value or (ii) acceptable to the Employee, and approved by Cartus (the “Amended Value”). “Appraised Value” shall mean the average of two independent appraisals from a list of appraisers provided by Cartus. If the two appraisals vary by more than five percent (5%) of the higher of the two appraisals then a third independent appraisal shall be ordered and the Appraised Value shall be computed by averaging the two closest appraisals. If the three appraisals are equidistant from each other, the Appraised Value shall be computed by averaging all three appraisals. “Appraised Value Sale” shall mean the sale of a Home by the Employee to Cartus at a price equal to the Home's Appraised Value. “Assigned Sale” shall mean assignment by the Employee to Cartus of an executed third party contract for the sale of the Employee’s Home. “Authorization” shall mean the Client’s direction in writing or electronically that an Employee is eligible to receive services under this Agreement. “Cancellation” shall mean the withdrawal by the Client of a bona fide Authorization. “Employee” shall mean any individual designated by the Client to receive services, or for Home Sale Services, also any other person to the extent that such person has an interest in the Home of the designated individual. “Equity Payment” shall mean payment of the Employee's equity in the Home by Cartus. “Expiration” shall mean the rejection of an Offer by an Employee, or the failure of the Employee to submit to Cartus all required documentation necessary to purchase the Home prior to the time frame described in the Offer. “Home” shall mean improved real estate: (i) which is owned and used by an Employee as a principal year-round one or two family residence, including condominiums but excluding cooperative housing and mobile homes; (ii) which contains acreage within the norm and zoning limits for the locale or neighborhood; (iii) with respect to which insurance is available at standard rates for normal hazards of fire and extended coverage; (iv) with respect to which any leases can be terminated by Cartus with no more than sixty (60) days' notice to the tenant; (v) whose value, as determined hereunder, does not fall below One Hundred Thousand Dollars ($100,000) or exceed Seven Hundred Fifty Thousand Dollars ($750,000); (vi) which is not situated on or near and does not contain an...
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Examples of Amended Value Sale in a sentence

  • Advantages of an Amended Value Sale ·You may receive a greater cash net return than the Appraised Value Offer.·You will be relieved of the responsibilities of property ownership upon vacate or contract date with GMS, whichever is later.·You will be relieved of the necessity of closing with the buyer.·After contracting with GMS, you will be assured of receiving the net proceeds based upon the Amended Value Sale even if the original sale falls through and does not close.

  • As agreed between the Executive and the Company, a residence of the Executive will be eligible for the Amended Value Sale program (as defined in the relocation policy) and a residence of the Executive may be eligible for the Guaranteed Purchase benefit should it not sell within 90 days, as provided in the relocation policy.

  • The Executive shall have six months to make his election to sell his Pennsylvania residence under the Appraised Value Program or the Amended Value Sale Program, whichever is applicable.

  • Achieving an Amended Value Sale is of benefit to you and the Company.

  • The Sale Bonus Program provides for an incentive payment if you find a buyer and conclude an Amended Value Sale.

  • If the Employee locates a buyer for the Home and, contrary to the procedures applying to the Amended Value Sale, has nevertheless executed a binder, contract, or other agreement with that buyer, or has accepted any payment in connection therewith, Cartus will accept an assignment from the Employee of the sale to the buyer and close the sale to the buyer.

  • Advantages of an Amended Value Sale *You may receive a greater cash net return than the Appraised Value Offer.*You will be relieved of the responsibilities of property ownership upon vacate or contract date with Prudential Relocation, whichever is later.*You will be relieved of the necessity of closing with the buyer.*After contracting with Prudential Relocation, you will be assured of receiving the net proceeds based upon the Amended Value Sale even if the original sale falls through and does not close.

  • Pleas note: In the case of an Amended Value Sale, regardless of whether or not the relocation firm is able to complete the sale (i.e. close the sale) to the buyer, your sale to the relocation firm is considered final once it it determined that the buyer is qualified and all contracts with the buyer have been duly executed.

  • AMENDED VALUE SALE Achieving an Amended Value Sale is of benefit to you and the Company.

  • BRM will provide for the individual the MasterChoice Program and the Amended Value Sale Program, designed to assist the individual to sell their home in the shortest amount of time for the highest possible price.


More Definitions of Amended Value Sale

Amended Value Sale means the sale of a Home by an Employee to Cendant Mobility at a price equal to a bona fide third-party offer that is (i) higher than the Appraised Value or (ii) acceptable to the Employee, and approved by Cendant Mobility (the “Amended Value”).
Sample 1
Amended Value Sale means the Employee finds a UC for his/her home during the offer period at an acceptable bona fide price. In the event the Employee is successful, Supplier will acquire the Home from the Employee at the Purchase Offer and consummate the sale with the outside UC. “Appraised Value” means the value for the Employee’s Home established per UC policy. “Appraised Value Sale” means the purchase and resale of a Home based upon its Appraised Value. “Bona Fide” means an offer that under local custom and practice: (i) contains a sufficient xxxxxxx money deposit; (ii) has a reasonable closing date; and (iii) contains no unusual or unreasonable terms. “UC Value Option Sale” means the purchase and resale of a Home for the value established by a bona fide offer from an outside UC. “Direction Letter” means a letter signed on behalf of UC by an Authorized Initiator to (1) make an Equity Loan to an Employee in an amount in excess of the allowable amount of the Employee's Equity in the Home; or (2) make an Equity Loan to an Employee notwithstanding the fact that the Employee has not yet executed an Equity Loan Agreement and Promissory Note; or (3) make an Equity Funding to an Employee for the full Appraised Value of the Home with instructions to Supplier to apply the excess over the amount of the Equity to pay for any existing liens on the Home; or (4) enter into a Contract of Sale with respect to the Home for a purchase price in excess of the Employee's Equity in the Home or (if all existing liens on the Home are to be paid off in advance of the sale of the Home) in excess of the Appraised Value of the Home (in the case of an Appraised Value Sale), pursuant to which UC shall agree to be obligated to Supplier for the full amount of the Equity Funding in accordance with the terms of this Agreement. “Equity” means the following calculation that is performed by Supplier using information that is provided by/verified by the Employee: The purchase price of the Employee’s home that is set forth in a standardized form of “Contract of Sale”, herein defined to mean a document as issued by Supplier to Employee to effectuate the sale of the Employee’s home to Supplier, net of any Employee mortgage or other recorded Employee debt burdening the Employee home. Equity may be advanced to the Employee by either Supplier or UC as may be authorized pursuant to the terms and conditions of this Agreement. “Equity Advance” means the amount of funds paid to an Employee pursuant to an Equity Loan or ...
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Related to Amended Value Sale

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Adjusted Value as used in subdivision (d) means:

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Make-Whole Acquisition means the occurrence, prior to any Conversion Date, of one of the following:

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Acquisition Price means INR (Rupees only) [Insert the value of the Acquisition Price, both in figures and in words respectively], which is the aggregate consideration payable by the Selected Bidder towards purchase of the Sale Shares at par along with assets and liabilities of the Company as on the Closing Date subject to adjustment as per the audited accounts of the Company as on the Closing Date;

  • Fair Market Value Excess With respect to each Mortgage Loan to be purchased pursuant to Section 10.01(a), the excess, if any, of the Fair Market Value Call Price for such Mortgage Loan, over the Par Call Price for such Mortgage Loan. Any Fair Market Value Excess will not become part of the related Group Available Funds, but shall instead be distributed directly to the Holders of the Class A-LR Certificates pursuant to Section 4.02(g).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Parent Closing Price means the volume weighted average closing trading price of a share of Parent Common Stock on Nasdaq for the five consecutive trading days ending five trading days immediately prior to the date upon which the Merger becomes effective.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Share Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Redemption Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. 60 months 0.261 0.281 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise shall be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable.

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Sponsor Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;