Independent Valuation Provider definition
Examples of Independent Valuation Provider in a sentence
For the avoidance of doubt, the Borrower shall not be responsible for the reimbursement of any costs, fees or expenses of the Independent Valuation Provider incurred pursuant to Section 5.12(b)(ii)(F) in excess of the IVP Supplemental Cap.
Notwithstanding anything to the contrary contained herein, there shall be no requirement to disclose any portion of any report submitted by an Approved Third-Party Appraiser or Independent Valuation Provider without such a non-reliance letter if such non-reliance letter is required by such Approved Third-Party Appraiser as a condition to such disclosure.
Each of the Administrative Agent and the Valuation Agent shall notify the Borrower of its receipt of results from an Independent Valuation Provider of any appraisal and provide a copy of the results and any related reports to the Borrower.