Appraised Current Market Value definition

Appraised Current Market Value of any Aircraft means the lower of the average and the median of the three most recent Post-Default Appraisals of such Aircraft.
Appraised Current Market Value of any Aircraft means the lower of the average and the median of the most recent three LTV Appraisals of such Aircraft. After a Triggering Event occurs and any Equipment Note becomes a Non-Performing Equipment Note, the Subordination Agent shall obtain LTV Appraisals of the Aircraft securing such Equipment Note as soon as practicable and additional LTV Appraisals on or prior to each anniversary of the date of such initial LTV Appraisals; provided that if the Controlling Party reasonably objects to the appraised value of the Aircraft shown in such LTV Appraisals, the Controlling Party shall have the right to obtain or cause to be obtained substitute LTV Appraisals (including LTV Appraisals based upon physical inspection of such Aircraft).
Appraised Current Market Value of any Aircraft means the lower of the average and the median of the three most recent Post Default Appraisals of such Aircraft.

Examples of Appraised Current Market Value in a sentence

  • In applying SFAS 144 the Directors have determined that the most appropriate estimate of the fair value of the Company's aircraft is the average Appraised Current Market Value, which was in aggregate US$138,300,000 as at June 30, 2004 for the nine aircraft.

  • The Appraisers' assessment of Appraised Current Market Value reflects the underlying economic value of aircraft and engines in normal market conditions.

  • Consequently, the sales value that could be achieved for the aircraft in the event that they were disposed of in the current market may be less than the average Appraised Current Market Value and carrying value as at June 30, 2004.


More Definitions of Appraised Current Market Value

Appraised Current Market Value of any Aircraft means the lower of the average and the median of the three most recent LTV Appraisals of such Aircraft.
Appraised Current Market Value of any Aircraft or Spare Engine means the lower of the average or the median of the most recent three LTV Appraisals of such Aircraft or Spare Engine obtained pursuant to Section 4.1(a)(iv).
Appraised Current Market Value means the “current market value” (as defined by ISTAT) of the applicable Eligible Spare Engine as reflected on the most recent Appraisal for such Eligible Spare Engine as adjusted for the condition, specification, maintenance record and use of such Eligible Spare Engine at the time of such determination.
Appraised Current Market Value of any Aircraft means the lower of the average and the median of the most recent three LTV Appraisals of such Aircraft. After a Triggering Event occurs and any Equipment Note becomes a Non-Performing Equipment Note, the Subordination Agent shall obtain LTV Appraisals of all of the Aircraft as soon as practicable and additional LTV Appraisals on or prior to each anniversary of the date of such initial LTV Appraisals; provided that if the Controlling Party reasonably objects to the appraised value of
Appraised Current Market Value means, in relation to an Aircraft and any date of determination, the average of the three (3) desk-top appraised Base Values of such Aircraft given by the Appraisers as at a date falling not more that three (3) months prior to such date of determination.

Related to Appraised Current Market Value

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).