Written appraisal definition

Written appraisal means a written statement used in
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Written appraisal means a written statement used in connection with a real estate-related financial transaction that is independently and impartially prepared by a licensed or certified appraiser setting forth an opinion of defined value of an adequately described property as of a specific date, supported by presentation and analysis of relevant market information.
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Written appraisal means the conclusions of an appraiser’s valuation analysis communicated to the client in writing.
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Examples of Written appraisal in a sentence

  • Written appraisal reports prepared by appraisers satisfactory to the Administrative Agent, reflecting asset values adequate to support the Loans.

  • Written appraisal will include, as applicable, a statement of areas of strength and areas needing improvement, a statement of improvement desired, specific recommendations of how to attain such improvement, a time line and plan for improved performance, and what consequences, if any, may occur if improvements are not achieved.

  • At employee’s a Written appraisal shall be completed and discussed, with the employee within thirty (30) days.

  • Written appraisal will include, as applicable, a statement of areas of strength and areas needing improvement.


More Definitions of Written appraisal

Written appraisal means a written appraisal prepared in conformity with the Uniform Standards of Professional Appraisal Practice as set forth by the Appraisal Standards Board by an independent third party appraiser that is nationally recognized in appraising assets similar to the System and that is acceptable to the City and the Concessionaire; provided that if the Parties can not agree upon such a single appraiser within 30 days after a Party requests the appointment thereof, then the City and the Concessionaire shall each appoint an independent third party appraiser and both such appraisers shall be instructed jointly to select a third independent third party appraiser to make the Written Appraisal.
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Written appraisal means the arithmetic average of three written appraisals, each prepared by a disinterested third party appraiser that is nationally recognized in appraising assets and operations similar to the System. Each appraiser shall be sworn to determine the fair market value of the Concessionaire Interest by establishing the amount that the Concessionaire Interest would be sold in a voluntary transaction between a willing buyer and willing seller under no obligation to buy or sell.
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Related to Written appraisal

  • 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.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • 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.

  • Approved Appraisal Firm Each of the following firms: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc., Duff & ▇▇▇▇▇▇ LLC, Lincoln Advisors, ▇▇▇▇▇▇, ▇▇▇▇▇▇ 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.

  • Required Appraisal shall have the meaning provided in Section 8.11(g).