Net Appraised Value definition

Net Appraised Value means the Appraised Value of the Company's assets at the Termination Date, less amounts of all indebtedness secured by the Real Estate Assets.
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Net Appraised Value means the independently appraised value of the Mortgage Servicing Portfolio, minus the capitalized cost of acquisition (or capitalized value under generally accepted accounting principles, whichever is reflected on the Bank’s financial statements) of such Portfolio.
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Net Appraised Value means the fair market value of the Third Party Dealer Assets as determined by the Company's appraiser, Willamette Management Associates, and advised to the Company in writing less book liabilities of the Third Party Dealer Assets.
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Examples of Net Appraised Value in a sentence

  • The Company shall have received the opinion of Willamette Management Associates as to the Net Appraised Value of the Third Party Dealer Assets, the fair market value of the Rights, and the fair market value of the Cygnet Preferred Stock and such opinion shall be in full force and effect.

  • As soon as practicable following the Closing Date, the parties shall finalize the calculation of the Net Appraised Value and the Net Book Value and of the consideration payable pursuant to this Article Four.

  • All persons providing services to CWA shall be employees or independent contractors under the supervision of Advisors, and shall not be employees of CWA with respect to such services.

  • The Net Appraised Value shall be determined based on an interim appraisal as of June 30, 1998, which shall be updated to the Closing Date as soon as practicable thereafter.

  • At the Exit Exchange Closing, HoT shall deliver to each Exchanging Stockholder the cash calculated pursuant to Section 9.1 and Parent shall deliver to each Exchanging Stockholder the number of shares of Parent Common Stock to be delivered to such Exchanging Stockholder as determined pursuant to Section 9.2, which, in the aggregate, shall be equal to the aggregate Net Appraised Value of all Exchanging Stockholders' Securities subject to the Exit Notice.

  • The Net Appraised Value of the Iowa City Assets shall have been determined as provided for in Section 2.4(a) hereof.

  • Upon exercise by Parent of the right to acquire the Exchanging Stockholders' Securities pursuant to this Section 9.2, the amount of cash to be paid by HoT at the Exit Exchange Closing pursuant to Sections 9.1 and 9.3 shall be deemed to be reduced by an amount equal to the Exchange Percentage of the Net Appraised Value.

  • Any amount due by the Borrower and/or the Guarantor hereunder or under the Note not paid when due (whether by maturity, demand, acceleration or otherwise) shall bear interest from the due date to the date it is paid in full at the sum of (a) the Interest Rate plus (b) 3.0000% (Three percent), on the basis of a year of 360 days for the actual number of days elapsed from and including the due date to and excluding the date of payment, payable on demand.


More Definitions of Net Appraised Value

Net Appraised Value means, with respect to each City Property, the Appraised Value of such City Property, minus: (i) the costs incurred by AYDC in connection with the appraisals conducted with respect to such City Property pursuant to this Section 3, but not including cost of the First Appraisal which shall be deemed to be a General Acquisition Cost (as defined herein below); and (ii) with respect to the FDNY Parcel only, the Moving Costs incurred by the AYDC (or any Affiliate thereof) in relocating the equipment cleaning and storage facility heretofore operated the Fire Department of New York thereon.
Sample 1
Net Appraised Value means the independently appraised value of the Mortgage Servicing Portfolio, minus the capitalized cost of acquisition (or capitalized value under generally accepted accounting principles, whichever is reflected on the Bank's financial statements) of such Portfolio; provided, however, that for the calculation of the Change in Portfolio Value for the year in which Executive's employment by the Bank terminates (and for that year only) there shall be an additional deduction of an amount determined by multiplying the total principal amount of the Mortgage Servicing Portfolio, as of the date of such termination, by the percentage rate that results from dividing (i) the aggregate direct expenses, including commission, paid in connection with all the sales of portions of the Mortgage Servicing Portfolio during Executive's period of employment, by (ii) the aggregate amount of such sales. Executive will be entitled to receive an advance draw against his Compensation for each year, in an amount determined periodically by Executive and the Executive Committee of the Board of Directors of the Bank that is consistent with Executive's projected Compensation for such year, based on the projected Value Added of the CMD. Executive's final Compensation for each year will be calculated on the basis of the actual Value Added of the CMD for that year and, to the extent that it differs from the amount of advance draw paid to Executive for such year, will result in either a Compensation Bonus or a Compensation Shortfall for such year. Any Compensation Bonus will be paid to Executive within 60 days after completion of the audit of the Bank's financial statements for such year (except to the extent that payment thereof has been deferred by Executive pursuant to a plan of deferred compensation approved by both Executive and the Bank). Any Compensation Shortfall will be repaid to the Bank by a reduction in the amount of Compensation (and advance draw) paid to Executive for the subsequent year. Any Compensation Shortfall existing at the termination of the Employment Period shall be an obligation of Executive or his personal representative to the Bank, payable within 90 days after such termination. Exhibit B hereto illustrates the calculation of Executive's Compensation.
Sample 1
Net Appraised Value means, with respect to any Exchanging Stockholder, the difference of (a) the Appraised Value (as calculated within 30 days of the date of the applicable Exit Exchange Closing) of all Securities of such Exchanging Stockholder that are subject to the Exit Notice, and (b) the amount that such Exchanging Stockholder owes to the Company or HoT as of the Exit Exchange Closing.
Sample 1
Net Appraised Value means the independently appraised value of the Mortgage Servicing Portfolio, minus the capitalized cost of acquisition (or capitalized value under generally accepted accounting principles, whichever is reflected on the Bank's financial statements) of such Portfolio; provided, however, that for the calculation of the Change in Portfolio Value for the year in which Leddy's employment by the Bank terminates (and for that year only) xxxxx shall be an additional deduction of an amount determined by multiplying the total principal amount of the Mortgage Servicing Portfolio, as of the date of such termination, by the percentage rate that results from dividing (i) the aggregate direct expenses, including commission, paid in connection with all the sales of portions of the Mortgage Servicing Portfolio during Leddy's period of employment, by (ii) the aggregate amount of such sxxxx.
Sample 1
Net Appraised Value means the appraised value of any real property multiplied by a factor of 0.92, which amount is intended to reflect the value of the real property less the estimated Disposition and Servicing Costs thereof.
Sample 1

Related to Net Appraised Value

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Property Value means the fair market value of the real property, as remediated, less

  • Approved Valuer means a firm of valuers recognized as such by the Income Tax Department and having experience of valuing at least 5 (five) properties exceeding Rs. 100 cr. (Rupees one hundred crore) each in value;

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Current Appraisal With respect to any Mortgage Loan as to which the Purchaser has made an Election to Delay Foreclosure, an appraisal of the related Mortgaged Property obtained by the Purchaser at its own expense from an independent appraiser (which shall not be an affiliate of the Purchaser) acceptable to the Company as nearly contemporaneously as practicable to the time of the Purchaser's election, prepared based on the Company's customary requirements for such appraisals. Election to Delay Foreclosure: Any election by the Purchaser to delay the Commencement of Foreclosure, made in accordance with Section 2.02(b).

  • Acceptable Appraisal means, with respect to an appraisal of Inventory, the most recent appraisal of such property received by Agent (a) from an appraisal company satisfactory to Agent, (b) the scope and methodology (including, to the extent relevant, any sampling procedure employed by such appraisal company) of which are satisfactory to Agent, and (c) the results of which are satisfactory to Agent, in each case, in Agent’s Permitted Discretion.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Approved Appraiser means any of the following: Xxxxx Xxxxxxxx Xxxxxx, Xxxxx, H Xxxxxxxx & Co. Ltd., London, X.X. Xxxxxx Shipbrokers, Norway, or Fearnley AS, Norway.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Fair Market Value Excess With respect to each Mortgage Loan to be purchased pursuant to Section 10.01(a), the excess, if any, of the Fair Market Value Call Price for such Mortgage Loan, over the Par Call Price for such Mortgage Loan. Any Fair Market Value Excess will not become part of the related Group Available Funds, but shall instead be distributed directly to the Holders of the Class A-LR Certificates pursuant to Section 4.02(g).

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

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  • Gross Fair Market Value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets; and

  • Unencumbered Total Asset Value as of any date means the sum of (1) those Undepreciated Real Estate Assets not encumbered by any mortgage, lien, charge, pledge or security interest and (2) all of Issuer’s and its Subsidiaries’ other assets on a consolidated basis determined in accordance with generally accepted accounting principles (but excluding intangibles), in each case which are unencumbered by any mortgage, lien, charge, pledge or security interest; provided, however, that, in determining Unencumbered Total Asset Value for purposes of Section 4.09(d) hereof, all investments by the Issuer and any of its Subsidiaries in unconsolidated joint ventures, unconsolidated limited partnerships, unconsolidated limited liability companies and other unconsolidated entities accounted for financial reporting purposes using the equity method of accounting in accordance with generally accepted accounting principles shall be excluded from Unencumbered Total Asset Value.

  • Approved Appraisal Firm Each of the following firms: Xxxxxxxx Xxxxx, Inc., Duff & Xxxxxx LLC, Lincoln Advisors, Xxxxxx, Xxxxxx and Company and Valuation Research Corporation and (b) each Independent financial adviser of recognized standing retained by the Issuer, the Collateral Manager or the agent or lenders under any Collateral Obligation, as approved by the Collateral Manager.

  • 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.