Approved Valuer definition
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;
Approved Valuer means, in relation to a Ship, at any time during the Security Period, any of the firms listed in Schedule 8 (List of Approved Valuers) or any other firm or firms of shipbrokers approved in writing by the Facility Agent acting with the authorisation of the Majority Lenders.
Approved Valuer means Clarksons Valuations Limited, Braemar ACM Valuations Limited, S▇▇▇▇▇▇ ▇▇▇▇▇▇ & Y▇▇▇▇ Valuations Services Ltd, Arrow Research Limited, Fearnleys Shipbrokers A/S (or any Affiliate of such person through which valuations are commonly issued) and any other firm or firms of independent sale and purchase shipbrokers approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders.
Examples of Approved Valuer in a sentence
The Borrower shall provide the Lender with a valuation of the Ship and any other vessel over which additional Security has been created in accordance with Clause 22.2 (Provision of additional security; prepayment), from an Approved Valuer, addressed to the Lender, to enable the Lender to determine the Market Value of the Ship once each calendar year; and at the Lender's request following the occurrence of an Event of Default, in each case, at the Borrower's cost.
More Definitions of Approved Valuer
Approved Valuer means Arrow Sale & Purchase, Braemar ACM Valuations, C▇▇▇▇▇▇▇▇-Platou, E.▇. ▇▇▇▇▇▇ Shipbrokers, F▇▇▇▇▇▇▇▇, S▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Y▇▇▇▇ and B▇▇▇▇ ▇▇▇▇▇▇▇▇ S▇▇▇▇▇ (or any Affiliate of such person through which valuations are commonly issued) and any other firm or firms of independent sale and purchase shipbrokers approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders (such approval not to be unreasonably withheld).
Approved Valuer means ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ (SSY), Braemar-ACM Shipbroking Ltd., Fearnleys A.S., Arrow Shipbroking Group, ▇▇▇▇ ▇▇▇▇▇▇▇▇ Partners, MB Shipbrokers, Optima Shipbrokers (or any Affiliate of such person through which valuations are commonly issued) and any other firm or firms of independent sale and purchase shipbrokers approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders.
Approved Valuer means each of Clarkson Valuations Limited, Fearnleys AS and Simpson Spence Young or any other independent sale and purchase broker approved in writing between the Charterers, the Owners and the Mortgagee;
Approved Valuer means a person for the time being approved by the Trustee as qualified to value any particular Investment constituting part of the Deposited Property and appointed by the Managers for such purpose.
Approved Valuer means any of Braemar ACM Shipbroking, Fearnleys Shipping AS, ▇▇▇▇▇▇▇▇▇ & Stemoco AS, Clarksons Platou, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇ Shipbrokers Ltd (SSY), VesselsValue Ltd, Arrow Valuations Ltd., Compass Maritime Services, LLC, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and Salles (BRS), Golden Destiny S.A., Galbraiths Limited Shipbrokers, ▇▇▇▇ ▇▇▇▇▇▇▇▇, Maersk Brokers or such other international independent and reputable ship sale and purchase shipbroker as may from time to time be appointed by the Owners acting reasonably;
Approved Valuer means in respect of a Division any person who is independent of the Trustee, experienced in relation to the valuation of Assets of the kind required to be valued, licensed or registered as a valuer in those jurisdictions which require it and is appointed, for the time being, by the Trustee to act in relation to the Division under this Deed.
Approved Valuer means an independent valuer who is experienced in valuing goods of a type which are similar to the Goods and who is appointed by us in good faith;