Approved Valuation Agent definition

Approved Valuation Agent. Any Independent third-party appraisal firm designated by the Servicer in writing to the Administrative Agent and approved by the Administrative Agent in its reasonable discretion.
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Approved Valuation Agent means, with respect to (i) any Collateral Obligation, any valuation firm either (a) specified on the related Asset Approval Request or Reinvestment Request and approved by the Agent and the Borrower or (b) otherwise approved in writing by the Agent in its reasonable discretion or (ii) any calculation of the Discount Factor, Xxxxxxxx Xxxxx, Inc.; Duff & Xxxxxx LLC; Lincoln Advisors; Xxxxxx, Xxxxxx and Company; and Valuation Research Corporation and such others as may be added from time to time with the prior consent of the Agent.
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Approved Valuation Agent means any licensed real estate agent, broker, valuation agent or appraiser approved by Buyer in its reasonable discretion.
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Examples of Approved Valuation Agent in a sentence

  • With respect to each March, September and December Collection Period, the Servicer will provide to the Borrower and the Documentation Agent, no later than the earlier of (i) 45 days after the end of each of the first three fiscal quarters of each fiscal year of the Servicer or (ii) the date on which the Servicer files a Form 10-Q (or any successor form) with the Securities and Exchange Commission with respect to such fiscal quarter, a Quarterly Report prepared by the Approved Valuation Agent.

  • The Servicer shall give prompt notice of the appointment of any other or additional Approved Valuation Agent to Xxxxx’x.

  • With respect to each March, September and December Collection Period, the Servicer will provide to the Borrower and the Documentation Agent, no later than the earlier of (i) 45 days after the end of each of the first three fiscal quarters of each fiscal year of the Servicer or (ii) the date on which the Servicer files a Form 10‑Q (or any successor form) with the Securities and Exchange Commission with respect to such fiscal quarter, a Quarterly Report prepared by the Approved Valuation Agent.

  • With respect to each March, September and December Collection Period, the Servicer will provide to the Borrower and the Documentation Agent, no later than the earlier of (i) 45 days after the end of each of the first three fiscal quarters of each fiscal year of the Servicer or (ii) the date on which the Servicer files a Form 10Q (or any successor form) with the Securities and Exchange Commission with respect to such fiscal quarter, a Quarterly Report prepared by the Approved Valuation Agent.

  • The Servicer shall give prompt notice of the appointment of any other or additional Approved Valuation Agent to Moody’s.

  • Approved Valuation Agent: Lincoln International or another independent valuation agent who is not an Affiliate of any party hereto and appointed by the initial Servicer with the consent of the Facility Agent, which consent shall not be unreasonably withheld.

  • Approved Valuation Agent: Lincoln International or another independent valuation agent which is not an Affiliate of any party hereto and is appointed by the initial Servicer with the consent of the Facility Agent, which consent shall not be unreasonably withheld.

  • The Borrower will provide the Administrative Agent with written notice of any change of the valuation firm or valuation agent acting as the Approved Valuation Agent for an Eligible Loan Asset that is an Asset Based Loan promptly upon receiving noticing or having knowledge thereof.

  • With respect to the Determination Date for each March, June, September and December Collection Period, the Servicer will provide to the Borrower, the Backup Servicer and the Administrative Agent, on the related Reporting Date, a quarterly valuation report of the Loans included in the Collateral prepared by the Approved Valuation Agent, in form and scope reasonably satisfactory to the Administrative Agent.


More Definitions of Approved Valuation Agent

Approved Valuation Agent means any licensed real estate agent, broker, valuation agent or appraiser approved by Xxxxx in its reasonable discretion.
Sample 1
Approved Valuation Agent means each licensed real estate agent, broker or appraiser listed on Schedule 3 hereto or any other provider approved by Buyer in its reasonable discretion.
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Approved Valuation Agent means, with respect to (i) any Collateral Obligation, any valuation firm either (a) specified on the related Asset Approval Request or Reinvestment Request and approved by the Agent and the Borrower or (b) otherwise approved in writing by the Agent in its reasonable discretion or (ii) any calculation of the Discount Factor, Hxxxxxxx Lxxxx, Inc.; Duff & Pxxxxx LLC; Lincoln Advisors; Mxxxxx, Dxxxxx and Company; and Valuation Research Corporation and such others as may be added from time to time with the prior consent of the Agent.
Sample 1
Approved Valuation Agent means, with respect to any Asset Based Loan, (a) any valuation firm or valuation agent listed on Schedule VII that is selected by the Borrower and specified in the Approval Notice or (b) any other valuation firm or valuation agent selected by the Borrower that is approved by the Administrative Agent in its sole discretion.
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Related to Approved Valuation Agent

  • SPS Valuation Date means the SPS FR Barrier Valuation Date or the Strike Date, as applicable.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Required Special Servicer Rating means with respect to a special servicer (i) in the case of Fitch, a rating of “CSS3”, (ii) in the case of S&P, such special servicer is on S&P’s Select Servicer List as a U.S. Commercial Mortgage Special Servicer, (iii) in the case of Xxxxx’x, such special servicer is acting as special servicer for one or more loans included in a commercial mortgage loan securitization that was rated by Xxxxx’x within the twelve (12) month period prior to the date of determination, and Xxxxx’x has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage loans, (iv) in the case of Morningstar, such special servicer has a ranking by Morningstar equal to or higher than “MOR CS3” as a special servicer, provided that if Morningstar has not issued a ranking with respect to such special servicer, such special servicer is acting as special servicer in a commercial mortgage loan securitization that was rated by a Rating Agency within the twelve (12) month period prior to the date of determination, and Morningstar has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage securities, (v) in the case of KBRA, KBRA has not cited servicing concerns of such special servicer as the sole or material factor in any qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in contemplation of a ratings downgrade or withdrawal) of securities in a transaction serviced by such special servicer prior to the time of determination, and (vi) in the case of DBRS, such special servicer is acting as special servicer in a commercial mortgage loan securitization that was rated by DBRS within the twelve (12) month period prior to the date of determination and DBRS has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage securities as a material reason for such downgrade or withdrawal.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • RMB Rate Calculation Agent means the agent appointed from time to time by the Issuer for the determination of the RMB Spot Rate or identified as such in the relevant Final Terms.