Examples of External Valuer in a sentence
Any value (whether of an investment or cash) otherwise than in the Base Currency may be converted into that Base Currency at the rate (whether official or otherwise) which the Directors, the AIFM or the relevant External Valuer, in their absolute discretion deem applicable, as at the relevant Valuation Point, having regard, among other things, to any premium or discount which it considers may be relevant and to the costs of exchange.
The Authority reviews the revaluing of its land and building portfolio every year using the services of an External Valuer.
We confirm that we have undertaken the valuation acting as an External Valuer, qualified for the purpose of the valuation.
Each valuation has been prepared in accordance with the Practice Statements, 6th edition, contained in the RICS Appraisal and Valuation Standards published by The Royal Institution of Chartered Surveyors in May 2003 (“the Red Book”) as amended, and prepared by an appropriate valuer who conforms to the requirements as set out in the Red Book, acting in the capacity of External Valuer.
The External Valuer is responsible for the valuation of the assets of the Fund, in accordance with the provisions of the alternative investment fund external valuation agreement between the AIFM and the External Valuer.