Independent Valuation Advisor definition

Independent Valuation Advisor means a firm that is (i) engaged in the business of conducting appraisals on real estate properties, (ii) not an affiliate of the Advisor and (iii) engaged by the Company with the Board’s approval to appraise the Real Properties and other Investments pursuant to the Valuation Guidelines.
Independent Valuation Advisor is defined in Section 14.2(a).
Independent Valuation Advisor. A firm that is (i) engaged to a substantial degree in the business of conducting valuations on commercial real estate properties, (ii) not affiliated with the Advisor and (iii) engaged by the Company with the approval of the Board of Directors or a committee thereof to appraise real estate properties or other assets or liabilities pursuant to the Valuation Policy. “Limited Partnership Agreement” means the Limited Partnership Agreement of Xxxxx Global REIT II Properties LP, as the same may be amended from time to time. “Limited Partnership Interests” means the Special OP Units and the Units owned by the Advisor and its Affiliates. “NAV” means net asset value. 2 “Offering” means a public offering of Shares pursuant to any Prospectus. “Operating Expenses” has the meaning set forth in the Charter. “Operating Partnership” means Xxxxx Global REIT II Properties LP, a Delaware limited partnership. “Organization and Offering Expenses” has the meaning set forth in the Charter. “Person” means an individual, corporation, partnership, estate, trust, a portion of a trust permanently set aside for or to be used exclusively for the purposes described in Section 642(c) of the Code, association, private foundation within the meaning of Section 509(a) of the Code, joint stock company or other entity. “Prospectus” means the Company’s final prospectus for any public offering within the meaning of Section 2(10) of the Securities Act of 1933, as amended. “REIT” means a “real estate investment trust” under Sections 856 through 860 of the Code. “Real Property” has the meaning set forth in the Charter. “Securities” means any class or series of units or shares of the Company or the Operating Partnership, including common shares and units, preferred shares and units, special units or shares and any other evidences of equity or beneficial or other interests, voting trust certificates, bonds, debentures, notes or other evidences of indebtedness, secured or unsecured, convertible, subordinated or otherwise, or in general any instruments commonly known as “securities” or any certificates of interest, shares or participations in, temporary or interim certificates for, receipts for, guarantees of, or warrants, options or rights to subscribe to, purchase or acquire, any of the foregoing. “Shares” means shares of common stock of the Company, par value $.001 per share. “Stockholders” means the registered holders of the outstanding Shares. “Special OP Units” has the meaning set forth in the Li...

Examples of Independent Valuation Advisor in a sentence

  • The Independent Valuation Advisor and its affiliates may from time to time in the future perform other commercial and financial advisory services for other funds managed by the Operating Manager and its Affiliates, so long as such other services do not adversely affect the independence of the Independent Valuation Advisor as certified in the applicable appraisal report.

  • The Asset Management Fees will be paid, if earned, within 15 Business Days of the annual approval by the Board, including a majority of the Independent Directors, of the NAV as of the last day of the calendar year following the Independent Valuation Advisor providing confirmation of the reasonableness of the calculated NAV.

  • The Operating Manager, pursuant to the policies adopted by the Board of Directors, is responsible for making fair value determinations, evaluating the effectiveness of the Company’s and the Series’ valuation policies and coordinating with the Independent Valuation Advisor, overseeing the calculation of the NAV per Share for each Type of Shares and reporting to the Board of Directors.

  • HPBC Regeneration Officer (Affordable Housing): awaited following the receipt of the Council’s Independent Valuation Advisor.

  • The Independent Valuation Advisor will assist the Operating Manager in determining the estimated values of the Company’s and each Series’ asset-backed finance assets and the Administrative Agent will use the estimated values provided as well as inputs from other sources in its monthly calculation of NAV per Share.

  • While the Independent Valuation Advisor will provide valuations of the real property investments, it is not responsible for, and does not calculate, the Fund’s or REIT Subsidiary’s daily NAV.

  • The Independent Valuation Advisor will assist the Operating Manager in determining the estimated values of the Company’s and each Series’ infrastructure assets and the Administrative Agent will use the estimated values provided as well as inputs from other sources in its monthly calculation of NAV per Share.

  • Rapidly changing market conditions or material events may not be immediately reflected in our daily NAV.Real Property Valuation: The Fund intends to retain an independent valuation services firm (the Independent Valuation Advisor) to assist the Investment Manager in the determination of the Funds’ fair value of private real estate investments, including those held a REIT Subsidiary.

  • Each third-party appraisal will be reviewed by the Independent Valuation Advisor and the Valuation Committee for reasonableness.Each month, the Investment Manager, with the assistance of the Independent Valuation Advisor, will determine an accrual schedule for the daily value of each real property investment based on an estimated month-end income accrual for each real property.


More Definitions of Independent Valuation Advisor

Independent Valuation Advisor means Empire Valuation Consultants, LLC, or any other independent third-party engaged by the Company providing valuation services.

Related to Independent Valuation Advisor

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Independent Accounting Firm has the meaning set forth in Section 2.05(c).

  • Independent Amount means zero with respect to Party A and Party B.

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Independent provider means a self-employed person who provides services for which he or she must be certified in accordance with rule 5123:2-2-01 of the Administrative Code and does not employ, either directly or through contract, anyone else to provide the services.

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

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;

  • Independent Manager Fee is defined in Section 4.01(a) of the LLC Agreement.

  • Excess valuation assets for a valuation period means:

  • Company Valuation means $135,000,000.

  • Independent living means a planned program of services designed to assist a child age 16 and over

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • SPS Valuation Date means the SPS Redemption Valuation Date or the Strike Date, as applicable.

  • Valuation Firm means a nationally recognized independent investment banking or valuation firm with expertise in the oil and gas sector.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

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

  • Independent Tax Counsel means a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Board, and whose fees and disbursements shall be paid by the Company.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • 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.

  • portfolio adviser means a person or company that provides investment advice or portfolio management services under a contract with the investment fund or with the manager of the investment fund;

  • SOFR Benchmark Transition Event means the occurrence of a Benchmark Transition Event with respect to the then-current Benchmark;