Appraisal Action definition

Appraisal Action means the petition for appraisal pursuant to 8 Del. C. § 262 in the Delaware Court of Chancery, captioned Manichaean Capital, LLC, et al. v. SourceHOV Holdings, Inc., C.A. No. 2017 0673 JRS.
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Appraisal Action means In re: Appraisal of Metromedia International Group, Inc., Civil Action No. 3351-CC in the Court of Chancery of the State of Delaware.
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Appraisal Action means any attempt to exercise statutory appraisal rights pursuant to 8 Del. C. § 262, regardless of whether or not a petition for appraisal was filed.
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Examples of Appraisal Action in a sentence

  • On January 30, 2020, the Court issued its post-trial Memorandum Opinion in the Appraisal Action, in which it found that the fair value of SourceHOV as of the date of the Novitex Business Combination was $4,591 per share, and on March 26, 2020, the Court issued its final order awarding the petitioners $57,698,426 inclusive of costs and interest.

  • In the event the evaluation process is not completed by the appropriate building administrator by the deadline, the following will be notified: Human Resources, the Association, and the Appraisal Action Committee.

  • Human Resources and the Association will notify the Appraisal Action Committee chair persons.

  • First, they contend that the Superior Court erred in holding that the Appraisal Action is a Securities Claim as defined in the Primary Policy.

  • MPM argues that the Appraisal Action: is a Merger Objection Claim arising from alleged Wrongful Acts; and triggers coverage under the Run-Off Endorsement.

  • The remaining insurers joined the motion for summary judgment, except for Hudson Insurance Company.The movants contended that they were not obligated to cover the costs because the Appraisal Action did not meet the definition of “Securities Claim” as defined in the Primary Policy.

  • The Appraisal Action does not seek redress or reprisal for any wrongful conduct by MPM.MPM is seeking coverage for alleged wrongdoing by its directors in connection with MPM’s merger negotiations.

  • As the Superior Court noted:For reasons that are not clear, the movants did not argue in the pending motions that the Policy’s limitation of coverage to claims made for ‘a [w]rongful [a]ct’ precluded coverage for the Appraisal Action.

  • The court noted that although the definition of “Loss” includes a “Wrongful Act,” the Insurers did not argue that the Policy’s limitation of coverage to claims made for a Wrongful Act precluded coverage for the Appraisal Action.

  • Four days later, on March 7, 2016, several shareholders who objected to the merger filed the Appraisal Action under 8 Del.

Related to Appraisal Action

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

  • Appraisal District means the Xxxxxx County Appraisal District.

  • Appraisal Foundation means the Appraisal Foundation established on November 30, 1987, as a not-for-profit corporation under the laws of Illinois.

  • Appraisal Procedure means a procedure whereby two independent appraisers, one chosen by the Company and one by the Investor, shall mutually agree upon the Fair Market Value. Each party shall deliver a notice to the other appointing its appraiser within 10 days after the Appraisal Procedure is invoked. If within 30 days after appointment of the two appraisers they are unable to agree upon the Fair Market Value, a third independent appraiser shall be chosen within 10 days thereafter by the mutual consent of such first two appraisers. The decision of the third appraiser so appointed and chosen shall be given within 30 days after the selection of such third appraiser. If three appraisers shall be appointed and the determination of one appraiser is disparate from the middle determination by more than twice the amount by which the other determination is disparate from the middle determination, then the determination of such appraiser shall be excluded, the remaining two determinations shall be averaged and such average shall be binding and conclusive upon the Company and the Investor; otherwise, the average of all three determinations shall be binding upon the Company and the Investor. The costs of conducting any Appraisal Procedure shall be borne by the Company.

  • 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.

  • Appraisal review means the act or process of developing

  • Appraisal Percentage means 90%.

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

  • Appraisal Subcommittee means the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.

  • Appraisal management company means a person or entity that (i) administers a network of

  • 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.

  • Appraiser panel means a network, list or roster of licensed or certified ap- praisers approved by an AMC to per- form appraisals as independent con- tractors for the AMC. Appraisers on an AMC’s ‘‘appraiser panel’’ under this part include both appraisers accepted by the AMC for consideration for fu- ture appraisal assignments in covered transactions or for secondary mortgage market participants in connection with covered transactions and appraisers en- gaged by the AMC to perform one or more appraisals in covered trans- actions or for secondary mortgage mar- ket participants in connection with covered transactions. An appraiser is an independent contractor for purposes of this subpart if the appraiser is treat- ed as an independent contractor by the AMC for purposes of Federal income taxation.

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Appraisal assignment means an engagement for which an

  • Appraisal management services means one or more of the following:

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • 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).

  • Response Action means the investigation, cleanup, removal, remediation, containment, control, abatement, monitoring of or any other response action to the presence of Regulated Substances or Contamination in, on, at, under or emanating from the Stadium Site, including the correction or abatement of any violation required pursuant to Environmental Laws or by a Governmental Authority.

  • Collection Action means any of the following:

  • 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.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated January 22, 2008 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraiser firm pursuant to Section 9.2(b).

  • Independent expenditure means an expenditure by a person: