Qualified Appraiser definition

Qualified Appraiser. An appraiser, duly appointed by the Seller, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation was not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.

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Qualified Appraiser. In connection with the appraisal of any Mortgaged Property or REO Property, an Independent MAI-designated appraiser with at least five years of experience in respect of the relevant geographic location and property type.

Qualified Appraiser. An appraiser of a Mortgaged Property duly appointed by the originator of the related Mortgage Loan, who had no interest, direct or indirect, in such Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the related Mortgage Loan and who met the minimum qualifications of FNMA or FHLMC.

Examples of Qualified Appraiser in a sentence

Each Qualified Appraisal Valuation and Desktop Appraisal shall be addressed to Administrative Agent, and explicitly state that that such Qualified Appraiser Valuation or Desktop Appraisal was commissioned by Borrower or one of its Affiliates for the benefit of Administrative Agent, acting on behalf of the Lenders under this Agreement.
The Equipment being purchased with the proceeds of such Borrowing, or that has previously been purchased and is supporting such Borrowing, shall constitute Qualified Equipment and Administrative Agent shall have received a Qualified Appraiser Valuation with respect to such Qualified Equipment, as well as a Reliance Letter with respect to such Qualified Appraiser Valuation, each in form and substance reasonably satisfactory to Administrative Agent and the Lenders.
Administrative Agent shall have received a Qualified Appraiser Valuation as of the Closing Date, as well as a Reliance Letter with respect to such Qualified Appraiser Valuation, each in form and substance reasonably satisfactory to Administrative Agent and the Lenders.

More Definitions of Qualified Appraiser

Qualified Appraiser. With respect to each Mortgage Loan, an appraiser, duly appointed by the originator, who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfy the requirements of ▇▇▇▇▇▇ ▇▇▇ or ▇▇▇▇▇▇▇ Mac (including but not limited to the Appraiser Independence Requirements) and Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.

Qualified Appraiser means an independent individual who is qualified by experience and ability to value the goodwill of a business.

Qualified Appraiser means an individual who

Qualified Appraiser means an appraiser, duly appointed by the Unaffiliated Seller, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfy the requirements of Title XI of the Federal Institutions Reform, Recovery and Enforcement Act of 1989 and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.

Qualified Appraiser means any Person who, at the time of such Person’s engagement, has not less than five (5) years of experience in valuing securities and interests in privately-held enterprises which are similar to the Partnership and which Person shall have no direct or indirect interest in the Partnership or any Affiliate of the Partnership (other than such Person’s right to be compensated by the Partnership for valuation services rendered to the Partnership hereunder).

Qualified Appraiser. With respect to each Mortgage Loan, an appraiser, duly appointed by the Seller, who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfy the requirements of ▇▇▇▇▇▇ ▇▇▇ or ▇▇▇▇▇▇▇ Mac and Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.