Appointed Appraiser definition

Appointed Appraiser has the meaning set forth in Section 9.7(d).
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Examples of Appointed Appraiser in a sentence

  • The costs of the Appointed Appraiser appointed by Diversus shall be borne by the Diversus Shareholders.

  • The Appointed Appraisers shall jointly appoint a third appraiser (the “Neutral Appraiser” and, collectively with each Appointed Appraiser, the “Appraisers”).

  • If either ▇▇▇▇▇ or the Company fails to appoint an Appointed Appraiser by the Appointment Date, then the Appointed Appraiser who has been appointed shall be the sole appraiser and the fair market value determined by such Appointed Appraiser shall be the fair market value and shall be binding on the parties.

  • Each party shall pay the cost of its Appointed Appraiser and shall share equally the cost of the Selected Appraiser, except that Tenant shall pay the costs of all Appointed Appraisers and the Selected Appraiser if, following its receipt of the appraisal, it declines to accept the appraisal and the renewal option is rescinded.

  • For debt-based and reward-based crowdfunding this is not the case, however, other impacts besides the heavy workload are perceived.

  • If either Beale or the Company fails to appoint an Appointed ▇▇▇▇aiser by the ▇▇▇▇intment Date, then the Appointed Appraiser who has been appointed shall be the sole appraiser and the fair market value determined by such Appointed Appraiser shall be the fair market value and shall be binding on the parties.

  • The Agreed Appraiser (or, as applicable, the Appointed Appraiser) shall within thirty (30) days: (i) determine the then-current fair market value of the Project, and then (ii) determine the amount that would be distributable to the Titan Member under Section 4.2 under the assumption that the Project was sold for the then-current fair market value of the Project.

  • If ▇▇▇▇▇ and the Company are unable to mutually agree on a fair market value within 60 days after the occurrence of the termination event, ▇▇▇▇▇ and the Company shall each appoint one appraiser (each, an "Appointed Appraiser") within five (5) business days thereafter (the "Appointment Date"), which Appointed Appraisers shall independently, within 25 days of Appointment Date (the "Determination Date"), determine a fair market value (collectively the "Original Estimates").

  • Each Appointed Appraiser shall make a determination of the applicable fair market rental and the Allowance Factor of similar space in class "A" office buildings that are similarly situated and competitive with the Building in the same office market, taking into account variations in location, building size and tenant size.

  • Each Appointed Appraiser shall make a determination of the Fair Market Rental for the Premises taking into account the applicable market rent for buildings that are similarly situated in the Philadelphia Metropolitan Area and are competitive with the Premises, with appropriate adjustments for variations in location, building size, tenant size, use, and such other criteria as the appraisers deem appropriate.

Related to Appointed Appraiser

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

  • 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.

  • Third Appraiser has the meaning set forth in Section 6.04(b) hereof.

  • Appraiser An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.

  • Approved Appraisal Firm Each of the following firms: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc., Duff & ▇▇▇▇▇▇ LLC, Lincoln Advisors, ▇▇▇▇▇▇, ▇▇▇▇▇▇ 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.