Qualified Advisor definition

Qualified Advisor means an entity which is, or is controlled by, either a reputable management company or an institutional advisor for hedge funds, private and/or public REITs, private or public pension funds, joint ventures and other investment vehicles established by the foregoing, or similar investment vehicle, which is approved by Lender (such approval not to be unreasonably withheld, conditioned or delay). In the event the management and/or control of Borrower is transferred to a Qualified Advisor as set forth above, Borrower shall pay a transfer fee to Agent in the amount of five (5) basis points of the commitment amount, together with all reasonable third party costs actually incurred by Agent (including reasonable legal fees) in documenting such transfer.

Qualified Advisor means a reputable third party advisor which satisfies the following conditions: (i) the proposed entity and/or entities Controlled by the proposed entity, just prior to the engagement, has real estate assets similar to the Property under management with a current market value of at least $500,000,000.00; (ii) neither the proposed entity, nor any principal, partner, member, or other entity with more than a 20% beneficial ownership interest in the proposed entity, is involved in any litigation, investigations, indictments, or convictions of any civil or criminal activities, the result of which could have a material adverse effect, nor are there any outstanding criminal convictions or material monetary judgments which could have a material adverse effect; and (iii) no prior negative borrowing history with Lender."

Qualified Advisor means (a) Advisor, (b) any Person controlled by a nationally recognized manager of investment funds regularly engaged in investing in equity interests relating to commercial real estate, with total assets (in name or under management) in excess of Seven Hundred Fifty Million and No/100 Dollars ($750,000,000.00) and having liquidity of not less than Twenty Million and No/100 Dollars ($20,000,000.00) and that has either (1) at least ten (10) hotels (exclusive of the Individual Properties) in name or under management or (2) has engaged (A) a Qualified Casino Operator for the Property or (B) (x) a Casino Operator with respect to the Casino Components and (y) a Manager with respect to the Hotel Components, or (c) such other Person as may be approved by Lender.

Examples of Qualified Advisor in a sentence

• Market Value of any Investment as at any Business Day means an amount agreed upon, or determined in a manner agreed upon, between the Manager and the Supervisor, or failing such agreement an amount determined by a Qualified Advisor in its most recent valuation of that Investment for the purposes of the Trust.

• The PPPA would like to state that any assignment to a Qualified Advisor will be subject to the following Laws of Puerto Rico: Code of Ethics for Contractors, Law No. 84-2002, as amended, Law 237 of 2014 regarding Professional and Advisory Services Agreements, which amends Law No. 29-2009, and Law No. 458 -2000.

• The Manager shall ensure that all Investments (other than those in respect of which the Manager and the Supervisor have agreed on the then Market Value) are valued by a Qualified Advisor at intervals of not more than 18 months.

• Qualified Advisor means an appropriately qualified independent Person (who may be an employee of the Supervisor or the Manager) appointed by the Supervisor (or appointed by the Manager and approved by the Supervisor) for the purpose of determining the value of any of the Investments of the Trust Fund.

• Qualified Advisor means an appropriately qualified independent Person (who may be an employee of the Supervisor or the Manager) with at least five years' experience in valuing the particular kind of asset or property appointed by the Supervisor (or appointed by the Manager and approved by the Supervisor) for the purpose of determining the value of any of the Investments of the Trust Fund.

• PEST CONTROL Qualified Advisor Name Xxxxxxx Xxxxxx License No: 70332 Category: PCA/ADG Qualified Applicator Name Xxxxxx Xxxxxx License No: QA2 98818 Category: QA2 - BC ATTACHMENT C2 – PRICING LANDSCAPE MAINTENANCE FOR XXXXX REGIONAL PARK STANDARD MONTHLY WORK ITEMS: Regular Landscape Maintenance Service: Monday - Friday (monthly price to perform services in accordance with the Scope of Works set forth in this Contract).

More Definitions of Qualified Advisor

Qualified Advisor will mean any counsel or other third party advisor or consultant who is Independent and experienced in real property transactions and investments in the locale with respect to which the advice is being sought.

Qualified Advisor means RREEF America LLC or another reputable third party advisor which, as reasonably determined by Lender, satisfies the following conditions: (A) the proposed entity, just prior to the engagement, has real estate assets under management with a current market value of at least $500,000,000; (B) neither the proposed entity, nor any principal, partner, member, or other entity with more than a 20% beneficial ownership interest in the proposed entity, is involved in any litigation, investigations, indictments, or convictions of any civil or criminal activities, the result of which could have a Material Adverse Effect, or there are any outstanding criminal convictions or material money judgment which could have a Material Adverse Effect; (C) compliance with Lender’s Patriot Act and OFAC requirements; and (D) no prior negative borrowing history with Lender.

Qualified Advisor means a reputable third party advisor which satisfies the following conditions: (i) the proposed entity and/or entities Controlled by the proposed entity, just prior to the engagement, has real estate assets similar to the Property under management with a current market value of at least $500,000,000.00; (ii) neither the proposed entity, nor any principal, partner, member, or other entity with more than a 20% beneficial ownership interest in the proposed entity, is involved in any litigation, investigations, indictments, or convictions of any civil or criminal activities, the result of which could have a material adverse effect, nor are there any outstanding criminal convictions or material monetary judgments which could have a material adverse effect; and (iii) no prior negative borrowing history with Lender.