Certified Value definition

Certified Value means the market value certified by the district valuer or by a suitably qualified valuer employed by the local authority;
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Certified Value of any item of Eligible Equipment or item of Eligible Inventory: the current market value of such item certified by the Borrower based on its good faith and best knowledge assessment of such item based on (i) in respect of non-traded Eligible Equipment and Eligible Inventory, the most recent Appraisal Value, and the Borrower’s assessment of any changes in valuation based on asset purchases, sales and trading activity during the quarterly reporting period (ii) in respect of newly acquired Eligible Equipment and Eligible Inventory, the most recent Appraisal Value in respect of comparable equipment and the prices paid by it during such period in respect thereof and (iii) such other factors as the Borrower may reasonably consider to be relevant.
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Certified Value means, with respect to any Pledged Account, the computed value of such Pledged Account as set forth in the most recent Officer’s Certificate delivered by the Borrower pursuant to Section 5.01(f) with respect to such Pledged Account.
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Examples of Certified Value in a sentence

  • The certification of each EGC unit under this arrangement should be subject to such surveys that the Administration may consider necessary as to assure that each EGC unit has an emission value of not more than the Certified Value when operated in accordance with the parameters defined in paragraph 4.2.2.1.2.

  • Additional information regarding the processes used during the study can be obtained by contacting the Certified Value Specialist team leader that facilitated the study.

  • This person must be an Illinois Licensed Professional Engineer and a Certified Value Engineering Specialist.

  • This person must be a Certified Value Engineering Specialist with adequate experience in leading multiple VE studies for highway improvement projects and must be a SAVE-recognized Certified Value Specialist.

  • Thecertification of each EGC unit under this arrangement should be subject to such surveys that the Administration may consider necessary as to assure that each EGC unit has an emission value of not more than the Certified Value when operated in accordance with the parameters defined in paragraph 4.2.2.1.2.

  • Kyle Schafersman, a Certified Value Specialist (CVS), Professional Engineer (PE), and team leader from URS, facilitated the study.

  • Each Party shall be invoiced for the costs and expenses associated with Value Engineering services directly attributable to such Party’s respective facilities and such costs shall constitute Initial Capital Costs (excluding the costs of the CAW Facilities); provided, however, that Value Engineering services which benefit all of the Regional Desalination Project, shall be reasonably allocated among the Parties by the independent Certified Value Engineer.

  • The VE proposer/consultant shall provide one team consisting of a Certified Value Specialist Team Leader and at least one licensed architect and one licensed professional engineer from each discipline which have significant work on the project, separate and completely independent from the Project A/E and its consultant firms.The VE Study shall be coordinated, supervised and led by a person having Certified Value Specialist (CVS) credentials that qualify him/her to perform such services.

  • The Parties shall mutually engage an independent Certified Value Engineer to perform Value Engineering reviews of the plans of each Party’s respective portion of the Regional Desalination Project.

  • Mr. Elliott is a licensed real estate broker, certified property manager, Vice President of the Institute of Real Estate Management, a Certified Value Engineer and a member of the American Society of Civil Engineers and the Building Owners and Managers Association.


More Definitions of Certified Value

Certified Value means the market value certified by the district valuer or by a suitably qualified
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Certified Value the value of a NSMH Share, as valued/calculated and certified by the Valuers (acting as experts and not as arbitrators) using a multiple of 5 (Five) times of NSMY’s net earnings per share (determined in accordance with Generally Accepted Accounting Principles) for the preceding 12 (Twelve) months
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Certified Value in relation to a JVC Share, the value thereof as valued and certified by the Valuers (acting as experts and not as arbitrators):-
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Related to Certified Value

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • SPS AER Value means the Underlying Reference Value.

  • Certified seed means foundation and registered seed handled under procedures acceptable to the Department of Agriculture and Forestry to maintain satisfactory genetic purity and identity as defined according to the standards of the official seed certification agency having jurisdiction in the area of production.

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Certified scale weigh ticket means a weigh ticket that has been issued by a

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • 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.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile

  • 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;

  • Valuation Amount means, in respect of each Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Adjusted Value as used in subdivision (d) means:

  • Property Value means the fair market value of the real property, as remediated, less

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Assessed value means 1 of the following:

  • Half-value layer (HVL) means the thickness of specified material which attenuates the beam of radiation to an extent such that the exposure rate is reduced to one-half of its original value. In this definition the contribution of all scattered radiation, other than any which might be present initially in the beam concerned, is deemed to be excluded.

  • Certified nurse midwife means an advanced practice registered nurse who is certified in the

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Equalized assessed value means the assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with sections 1, 5, and 6 of P.L.1973, c.123 (C.54:1-35a through C.54:1-35c).

  • Certified mills means the lesser of 18 mills or the number of mills of school operating taxes levied by the district in 1993-94.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).