Desktop Valuation definition

Desktop Valuation means, in respect of any Aircraft Assets, a desktop valuation from an Approved Appraiser setting out the market value, half-life value and full-life value of such Aircraft Assets (for the avoidance of doubt, without any adjustment on account of the maintenance status of the relevant Aircraft Assets).

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Desktop Valuation means a desktop Valuation of the Charged Properties in accordance with the EUV-SH Valuation Basis prepared by the Valuer and addressed to the Authority in a form acceptable to the Authority.

Desktop Valuation means an estimation of a property's value using a desktop valuation program that would be acceptable to a Reasonable, Prudent Mortgage Lender;

Examples of Desktop Valuation in a sentence

• The physical Valuation Report can be renewed by way of a Desktop Valuation (at a fee of £199 or half the original fee whichever is higher including VAT) provided We are notified of this within 10 working days of the expiry date.

• If Lender determines, based upon such Desktop Valuation, that the loan-to-value ratio is greater than 60.0%, then Lender may apply all or a portion of such Termination Payment to repay principal outstanding under the Loan in order that such initial loan-to-value ratio may be achieved.

• If Lender determines, based upon such Desktop Valuation, that the loan-to-value ratio is greater than 50%, then Lender may apply all or a portion of such Termination Payment to repay principal outstanding under the Loan in order that such initial loan-to-value ratio may be achieved.

• If Lender determines, based upon such Desktop Valuation, that the loan-to-value ratio is greater than 60%, then Lender may apply all or a portion of such Termination Payment to repay principal outstanding under the Loan in order that such initial loan-to-value ratio may be achieved.

• If Lender determines, based upon such Desktop Valuation, that the loan-to-value ratio is greater than 45%, then Lender may apply all or a portion of such Termination Payment to repay principal outstanding under the Loan in order that such initial loan-to-value ratio may be achieved.

• If Lender determines, based upon such Desktop Valuation, that the loan-to-value ratio is greater than 57.79%, then Lender may apply all or a portion of such Termination Payment to repay principal outstanding under the Loan in order that such initial loan-to-value ratio may be achieved.

• If Lender determines, based upon such Desktop Valuation, that the loan-to-value ratio is greater than 56.76%, then Lender may apply all or a portion of such Termination Payment to repay principal outstanding under the Loan in order that such initial loan-to-value ratio may be achieved.

• Furthermore, the Seller is under no obligation, pursuant to the terms of the EPA, to provide this Subordination Agreement other than as an accommodation to the Purchaser, and the provision of such Subordination Agreement shall not be deemed nor construed as a breach, remedy, or settlement of any provision of the EPA, MPC, RRA, ▇▇▇▇ of Sale, Desktop Valuation, or any other documents executed or delivered on May 31st , 2004, by the parties.

• Furthermore, the Seller is under no obligation, pursuant to the terms of the EPA, to provide this Subordination Agreement other than as an accommodation to the Purchaser, and the provision of such Subordination Agreement shall not be deemed nor construed as a breach, remedy, or settlement of any provision of the EPA, MPC, RRA, Bill of Sale, Desktop Valuation, or any other documents executed or delivered on May 31st , 2004, by the parties.

• The tax basis of the FF&E at the Closing shall be in accordance with that certain Fixed Assets Desktop Valuation and Review prepared by GB Asset Advisors, LLC and dated June 23, 2005, or in accordance with the tax basis of FF&E required by Purchaser’s independent auditors, if a different valuation is required by such auditors.

More Definitions of Desktop Valuation

Desktop Valuation means valuation that does not involve a physical

Desktop Valuation means a valuation based on transacted prices or yields of similar real estate assets, without a physical inspection of the property;