Land Appraisal definition

Land Appraisal means, with respect to each Property, an appraisal prepared by the Appraiser of the Land portion of such Property, which Land Appraisal complies in all material respects (as determined by the judgment of counsel to the Lenders and the Lessor) with all of the provisions of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended, the rules and regulations adopted pursuant thereto, and all other applicable Requirements of Law, and will appraise the Fair Market Sales Value of such Land.
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Land Appraisal means, with respect to each Property, an appraisal prepared by the Appraiser of the Land portion of such Property, which Land Appraisal complies in all material respects (as determined by the judgment of counsel to the Lenders and the -18- 114 Lessor) with all of the provisions of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended, the rules and regulations adopted pursuant thereto, and all other applicable Requirements of Law, and will appraise the Fair Market Sales Value of such Land.
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Examples of Land Appraisal in a sentence

  • All Parties agree that the Transfer Price of share interests hereunder shall be RMB10 million by reference to the net asset value of Taiyue Cable of RMB10,807,239.95 stated in the asset valuation report published after the valuation on all assets of Taiyue Cable conducted by Guangdong ▇▇▇▇ ▇▇▇ Asset Appraisal and Real Estate Land Appraisal Co., Ltd (广东京华资产评估房地产土地估价有限公司) on 31 August 2011 (being the Valuation Base Date).

  • In respect of the annual rental for the property and land to be leased pursuant to the Property and Land Lease Framework Agreement stated in the tables above, CSAH has engaged Shenzhen Shilian Land Appraisal Co., Limited (深圳市世聯土地房地產評估有限公司) to conduct rental assessments of the list of properties, facilities, infrastructure and lands contemplated under the Property and Land Lease Framework Agreement and to provide the Rental Assessment Results.

  • We have used the Direct Comparison basis as the primary approach to assist with our assessment of the land value uplift and public benefit by: ▪ Establishment of the Base Case (current Market Land Appraisal) ▪ Regard to development site land values (expressed as $/sqm of GFA) derived from the Base Case to assess the land value uplift.