Annual Appraisal definition

Annual Appraisal means the MAI appraisal, prepared annually with respect to each Real Property Asset in connection with each Valuation Date, by an appraisal company selected in the manner customarily used by Borrower in the selection of such appraisal companies.
Sample 1
Annual Appraisal contained in Section 1.1 hereof shall be deleted in its entirety.
Sample 1
Annual Appraisal means a written valuation of the Company and/or its outstanding shares of Common Stock at and as of the last day of any fiscal year of the Company prepared by an independent evaluator selected by the Committee. Without limiting the generality of the foregoing, with respect to any Option granted prior to October 1, 1996, the term "Annual Appraisal" means the value of the Company at and as of September 30, 1995 as
Sample 1

Examples of Annual Appraisal in a sentence

  • Personal Development & Conduct Identify training and development needs through Annual Appraisal System for yourself and any staff you directly supervise, and participate in corporate training. Ensure adherence to Council Code of Conduct, Equal Employment Opportunity, Privacy procedures and other policies and programs. Participate fully in the Staff Performance Management System, Recruitment and Induction processes.

  • However, the annual increment (if not already at top of scale) is only awarded once the Annual Appraisal has been passed as satisfactory (page 7 refers).

  • Learning & Development Identify training and development needs through the Annual Appraisal System for yourself and any staff you directly supervise, and participate in corporate training. Participate fully in the Staff Performance Management System, Recruitment and Induction processes. Participate in employee feedback surveys, continuous improvement, corporate and professional development programs as requested.

  • The Annual Appraisal Report shall be based on the Annual Plan maintained in the academic department.

  • Appendix C provides an optional form that departments may adopt in lieu of developing their own as part of the Annual Plan and Annual Appraisal Report documents.

  • In the Annual Appraisal Report, each goal will be rated independently by the faculty member and department chair according to University and departmental standards.

  • The written format of both the Annual Plan and the Annual Appraisal Report shall be determined by the faculty of each department.

  • Completion of the Annual Appraisal Report is based upon a conference of the department chair and the individual faculty member during which the overall self-rating by the faculty member and the chair’s rating of the faculty’s member’s overall performance are finalized.

  • In the Annual Appraisal Report each goal will be rated independently by the faculty member and department chair according to University and departmental standards.

  • Tier II: Self-Directed Professional Growth Plan Components The teacher will have a meeting with his/her administrator, only if mutually agreed upon, 30 days prior to the last day of school of each year and discuss the Annual Appraisal of Progress, otherwise 30 days prior to the last day of school during the final evaluation appraisal year.


More Definitions of Annual Appraisal

Annual Appraisal. An Annual Appraisal Report will be prepared by second party on the basis of monthly report, which shall also form basis of extensions of agreement period shall be under condition No1. and annual revision under condition No. 5 of the agreement. HRA: First party shall not be entitled for any Government accommodation. No deduction towards RPMF/GPF/SI/Accidental Group Insurance Scheme shall be paid from package of first party. First party shall not be entitled for any regularization or any special preference in regular recruitment. First shall not be provided any loans and advances by the second party. No bonus shall be payable to first party. The first party shall get himself/herself covered under any accidental insurance scheme. For this purpose, first party can join the accidental insurance scheme form SI Department or opt for accident insurance coverage from any other insurance company for which an annual premium of Rs. 150/- shall be reimbursed by the second party on production of receipt. No terminal leave shall be admissible on termination of the contract. TDS on income, if due, shall be recovered from package payable to first party. General conditions, ethics and observance: The First party shall observe general satisfactory conducts and ethics at the level expected under orders/rules and instructions issued by higher authorities/second party. The first party shall be non-transferable. The first party will not accept any full time/part time employment or engage in any other work, business occupation or pursue any study course without the prior approval of the second party. All manufacturing or construction departments / organizations / consultancies etc, with which the first might be associated with, will not be eligible to participate in bidding for any goods or works/consultancy etc. from or associated with the project of which this first party assignment forms a part. In case uniform/livery is compulsory, the first party will comply the instructions, for which no extra payment will be made by second party.
Sample 1
Annual Appraisal shall have the meaning assigned to such term in Section 2.3(e)(6) hereof.
Sample 1
Annual Appraisal means an update (which update shall be a desktop appraisal) of the Initial Appraisal from an Appraiser received pursuant to the terms of the Lease on each annual anniversary of the Document Closing Date, setting forth as of such annual anniversary the Fair Market Value of each Item of Equipment then subject to the Lease, in form and substance reasonably satisfactory to Agent and the Required Participants and using appraisal methods consistent with the methods used in the Initial Appraisal. Each such appraisal shall be prepared at the sole cost and expense of Lessee.
Sample 1
Annual Appraisal has the meaning specified in Section 2.15(d).
Sample 1

Related to Annual Appraisal

  • 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).

  • 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.

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

  • 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 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.

  • Appraisal review means the act or process of developing

  • Conversion Valuation Appraisal Report Page: 1 - 3 ================================================================================

  • 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.

  • 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.

  • 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.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

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

  • Independent expenditure means an expenditure by a person:

  • 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.

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

  • CREFC® Appraisal Reduction Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Appraisal Reduction Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Permit revision means any permit modification or administrative permit amendment.

  • Actuarial valuation means a mathematical determination of

  • Cumulative Appraisal Reduction Amount As of any date of determination by the Special Servicer, the sum of (i) all Appraisal Reduction Amounts then in effect, and (ii) with respect to any AB Modified Loan, any Collateral Deficiency Amount then in effect. The Certificate Administrator and the Master Servicer shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Cumulative Appraisal Reduction Amount. None of the Master Servicer, the Trustee nor the Certificate Administrator shall calculate or verify any Cumulative Appraisal Reduction Amount.

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • 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;

  • 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.

  • Valuation means an estimate of the value of real estate or real property.