Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
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.
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.
Acceptable Appraisal means, with respect to an appraisal of Inventory, the most recent appraisal of such property received by Agent (a) from an appraisal company satisfactory to Agent, (b) the scope and methodology (including, to the extent relevant, any sampling procedure employed by such appraisal company) of which are satisfactory to Agent, and (c) the results of which are satisfactory to Agent, in each case, in Agent’s Permitted Discretion.
Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.
Closing Date Balance Sheet has the meaning specified in Section 2.7.
Closing Date Cash has the meaning specified in Section 3.4(a).
Closing Date Mortgaged Property as defined in Section 3.1(h).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.
Preliminary Closing Balance Sheet has the meaning set forth in Section 2.2(b) below.
Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.
Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).
Closing Date Term Loan has the meaning set forth in Section 2.4(a).
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).
Closing Date Statement has the meaning set forth in Section 2.06(b).
Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.
Post-Closing Statement has the meaning set forth in Section 3.3(c).
Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).
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Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).
Final Closing Statement has the meaning set forth in Section 2.4(a).
Closing Date Payment has the meaning set forth in Section 2.04(a)(i).