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Demand for Appraisal definition

Demand for Appraisal shall have the meaning set forth in Section 4.16(c)(i).
Sample 1

Examples of Demand for Appraisal in a sentence

  • On June 13, 2012, Plaintiff Shree Hari Hotels, LLC, doing business as Quality Inn & Suites (“Shree Hari”) filed a Verified Demand for Appraisal Pursuant to the Society InsurancePolicy.

  • Pursuant to a settlement agreement in certain merger-related Shareholder Actions, if Danaher completes a short form merger under Section 253 of the DGCL, stockholders shall have 30 days in addition to the statutory period of 20 days, for a total of 50 days, to submit a Demand for Appraisal to the Surviving Corporation.

  • In the event that any holder of Shares who makes a Demand for Appraisal fails to perfect, or effectively withdraws or loses his rights to appraisal as provided in the DGCL, the Shares of such stockholder will be converted into the right to receive the Offer Price.Failure to follow the steps required by Section 262 of the DGCL for perfecting appraisal rights may result in the loss of such rights.

  • If Danaher is unable to complete a short form merger under Section 253 of the DGCL, and instead completes a long form merger under Section 251 of the DGCL, the statutory period shall remain the applicable time period for stockholders to submit a Demand for Appraisal to the Surviving Corporation.

  • See ECF No. [1] ¶ 15; see also ECF No. [1-3] (“Demand for Appraisal”).On May 19, 2021, Great Lakes filed its Complaint, seeking declaratory judgment that the Notice on September 4, 2020, did not constitute valid notice of a supplemental claim, and that the Demand for Appraisal on April 8, 2021, was an untimely supplemental claim.

  • The Chancery Court may require the Unitholders who have submitted a Demand for Appraisal and who hold certificates evidencing such ownership to submit their certificates of Units to the Register in Chancery for notation thereon of the pendency of the appraisal proceedings; and if any Unitholder fails to comply with such direction, the Chancery Court may dismiss the proceedings as to such Unitholder.

  • Defendant USAA Texas Lloyd’s Company’sObjection to Plaintiff’s Appointment of Appraiser and Demand for Appraisal, and Motion to Strike To the Honorable Judge of Said Court: Comes Now USAA Texas Lloyds’ company, and hereby files its Objection and Motion to Strike “Plaintiff’s Notice of Appraiser” filed herein, and would respectfully show unto the court the following:I.

  • Any Unitholder entitled to Appraisal Rights may, within twenty (20) days after the date of mailing of the First Appraisal Notice, send a Demand for Appraisal to the Surviving Appraisal Entity.

  • Plaintiff’s Apparent Demand for Appraisal is Untimely, and has been Waived Plaintiff has failed to timely demand appraisal.

  • Notwithstanding the foregoing, at any time within sixty (60) days after the effective date of the Qualified Merger, any Unitholder who has not commenced an appraisal proceeding or joined that proceeding as a named party shall have the right to withdraw such Unitholder’s Demand for Appraisal and to accept the terms offered upon the Qualified Merger.

Related to Demand for Appraisal

  • Appraisal shall have the meaning assigned to such term in the Servicing Agreement.

  • Required Appraisal shall have the meaning provided in Section 8.11(g).

  • 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.

  • Appraisal review means the act or process of developing

  • Conversion Valuation Appraisal Report Page: 1 - 3 ================================================================================

  • 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).

  • 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.

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Current Appraisal With respect to any Mortgage Loan as to which the Purchaser has made an Election to Delay Foreclosure, an appraisal of the related Mortgaged Property obtained by the Purchaser at its own expense from an independent appraiser (which shall not be an affiliate of the Purchaser) acceptable to the Company as nearly contemporaneously as practicable to the time of the Purchaser's election, prepared based on the Company's customary requirements for such appraisals. Election to Delay Foreclosure: Any election by the Purchaser to delay the Commencement of Foreclosure, made in accordance with Section 2.02(b).

  • Appraisal Well means a Well drilled pursuant to an Appraisal Programme.

  • Approved Appraisal Firm Each of the following firms: Xxxxxxxx Xxxxx, Inc., Duff & Xxxxxx LLC, Lincoln Advisors, Xxxxxx, Xxxxxx and Company and Valuation Research Corporation and (b) each Independent financial adviser of recognized standing retained by the Issuer, the Collateral Manager or the agent or lenders under any Collateral Obligation, as approved by the Collateral Manager.

  • Appraisal District means the Xxxxxx County Appraisal District.

  • Appraisal Subcommittee means the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Notice of Dissent means a notice of dissent duly and validly given by a registered holder of Aphria Shares exercising Dissent Rights as contemplated in the Interim Order and as described in Article 4;

  • CREFC® Appraisal Reduction Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Appraisal Reduction Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Independent adjuster means an insurance adjuster required to be licensed under

  • Required Appraisal Loan As defined in Section 3.19(a).

  • Dissenter means a shareholder who, being entitled to do so, sends written notice of dissent when and as required by section 242;

  • ECB Recommended Rate means a rate (inclusive of any spreads or adjustments) recommended as the replacement for €STR by the European Central Bank (or any successor administrator of €STR) and/or by a committee officially endorsed or convened by the European Central Bank (or any successor administrator of €STR) for the purpose of recommending a replacement for €STR (which rate may be produced by the European Central Bank or another administrator), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Appraisal Foundation means the Appraisal Foundation established on November 30, 1987, as a not-for-profit corporation under the laws of Illinois.

  • Control Appraisal Period shall exist with respect to the Mortgage Loan, if and for so long as:

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Third Appraiser has the meaning set forth in Section 6.04(b) hereof.

Most Referenced Clauses

Most Referenced Definitions