Real Estate Appraisal definition
Real Estate Appraisal or "appraisal" means the act or process of developing an opinion of value of real property in conformity with the uniform standards of professional appraisal practice.
Real Estate Appraisal means an appraisal of the Credit Parties’ real estate performed by an appraiser selected by the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent.
Real Estate Appraisal or "appraisal" means an analysis, the act or process of developing an opinion, or conclusion relating to the nature, quality, value, or utility of specified interests in, or aspects of identified real estate that is classified as either a valuation or an analysis of value of real property in conformity with the uniform standards of professional appraisal practice.
Examples of Real Estate Appraisal in a sentence
Real estate appraisal report of the relevant Property in a form acceptable to the Facility Agent (acting reasonably) that, inter alia, evidences that the Property meets modern standards, is well located and is satisfactorily leased.
More Definitions of Real Estate Appraisal
Real Estate Appraisal means (a) on the Closing Date and until the first appraisal of Real Estate of each Borrower and Foamex Canada is delivered to the Administrative Agent pursuant to Section 5.2(p), the appraisals prepared by CB ▇▇▇▇▇▇▇ ▇▇▇▇▇ dated prior to the Closing Date and (b) thereafter, each Real Estate Appraisal delivered to the Administrative Agent pursuant to Section 5.2(p).
Real Estate Appraisal means that certain Appraisal of Real Property dated as of April 21, 2009 and prepared by ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ of Minnesota, Inc., Valuation Services, Capital Markets Group, for the real property located at ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇.
Real Estate Appraisal or "appraisal" means the act or process of developing an opinion of value
Real Estate Appraisal means the most recent appraisal of the Eligible Real Estate of the Borrowers specifying the Distressed Value of such Eligible Real Estate and performed by an independent appraiser acceptable to the Agent. The initial Real Estate Appraisals shall mean the appraisals of the Eligible Real Estate dated as of August 29, 2008 and performed by ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ of Illinois, Inc.
Real Estate Appraisal has the meaning specified in the definition of “Appraised Value.”
Real Estate Appraisal means, with respect to any Eligible Canadian Leasehold Real Estate, an appraisal for such Eligible Canadian Leasehold Real Estate, prepared by an independent third-party appraiser reasonably acceptable to the Agent. It is acknowledged and agreed that, as of the Effective Date, the appraisers conducting the JLL Appraisals are reasonably acceptable to the Agent.
Real Estate Appraisal means (a) prior to the Final Bankruptcy Court Order Date, an appraisal of the owned Real Estate of each of the Borrowers (other than the Ohio Property and any other Real Estate encumbered by a Lien, other than a Permitted Lien described in clause (e) of such defined term) delivered to the Agent and the Lenders not later than five days prior to the Final Bankruptcy Court Order Date and prepared by an appraiser acceptable to the Agent and the Initial Lenders and to be in form and substance reasonably satisfactory to the Agent and the Initial Lenders and (b) thereafter, each Real Estate Appraisal delivered pursuant to Section 15.20, as updated pursuant to such Section.