Valuation Services. The term “Valuation Services” means those Services described in Section 4.7 of the SOW.
Valuation Services. Altisource will act on behalf of Residential to manage the services described below, some of which are described more particularly on the Valuation SOW, including, but not limited to:
Valuation Services. Opinions provided by the Company's appraisers represent fair market value and replacement value (comparable). Fair market value is defined as the price at which the property would change hands within its most common market between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of all relevant facts. Replacement Value (comparable) means the worth of an item based on the amount of money necessary to obtain a comparable substitute property that would provide the same enjoyment, usefulness and other rights of ownership as did the subject property. Replacement value (comparable) is based on the substitute property's replacement cost (comparable) which is defined as the amount of money necessary to replace the item being appraised with a comparable item of property of like kind, age, quality, and utility having similar wear and tear, obsolescence, and value-relevant characteristics as the item being appraised. Replacement cost (comparable) is useful, for instance, when estimating replacement value (comparable) for acquiring insurance coverage of items not capable of being replaced with a brand new property such as antiques, collectibles, or works of art by a deceased artist. Replacement value appraisals make use of the retail market in which the client most customarily and conveniently shops, and in which he or she can obtain a replacement property within a reasonable amount of time. Values given by the appraisers do not take into account expenses that might be incurred in selling or purchasing a comparable property such as sales commissions, taxes, delivery, installation, shipping, finders fees, photography or insurance costs. Value conclusions are based on the appraiser's best judgment and opinion. Neither the Company nor the appraisers represent or warrant that items appraised will realize the appraised value if offered for sale at auction or otherwise. The values expressed are based only on information made available to the appraiser as of the date the appraisal was made. Value conclusions are based only on client-provided written descriptions and digital images of the property and not on a personal inspection of the property by the appraiser. Therefore, the value conclusions contained in the appraisal may be less reliable than had the item been personally inspected by a qualified appraiser. To help ensure credibility of the appraiser's value conclusions, Client is responsible f...
Valuation Services. Altisource will provide Valuation Services in connection with Retail Properties pursuant to the Valuation Services SOW only as requested by Residential. Altisource will request that each Referral Listing Agent (as defined below) provide a comparative market analysis or broker price opinion as a basis for Residential’s determination of a list price for such Retail Property.
Valuation Services. 6.1.13 Legal services;
Valuation Services. Includes (i) Derivative Solutions analytic, cash flow security information, pricing, and current ratings (Xxxxx’x and S&P), and (ii) all necessary information for SVO filings and ratings. Administrative Services - Trade processing, corporate actions processing and other required security information whether internal or external to CAMRA. Other services – including, but not limited to, requests for information from Internal and External Auditors as well as outside Regulators (ie. SVO, NAIC, ACLI, Federal Reserve) Administrative Services Confirmation and Settlement Services- Includes obtaining trade confirmations, either by mail or through automated interfaces, trade comparison function between broker’s confirmations and company records, reconciliation of trade discrepancies and correction activity. Custody Services- Includes processing corporate actions (e.g., tender offers, stock dividends and splits, redemptions and other securities related transactions), reconciliation of asset reports from custodial agents with company records, identification and correction of out-of-balance conditions including items in suspense and providing custody reports.
Valuation Services. In valuing the assets and liabilities of each Fund, FFC shall comply with any procedures or policies adopted by the Board and delivered to FFC and all provisions in the Prospectus and SAI relating to the Fund, all as may be supplemented from time to time. FFC shall not be required to independently value any asset or liability of the Trust, but shall use, to the extent practicable, (i) the prices provided by independent pricing services normally used and contracted for this purpose by FFC and the investment company industry, (ii) broker-dealer quotations or valuations, or (iii) evaluations conducted in accordance with the Board's instructions.
Valuation Services. Valuation Services shall include the following:
Valuation Services. (1) full narrative internal valuation of each REO Property once a year, and quarterly reviews of current market conditions, by Sun Life’s Real Estate Valuation Department headed by an MAI appraiser, on a quarterly basis;
Valuation Services. Based on the income projections of such Experts, if the higher of the resulting Early Termination Payment or Divestiture Acceleration Payment computations does not exceed 110% of the lower, then the Early Termination Payment or Divestiture Acceleration Payment shall be the average of such two amounts. If the higher of the Early Termination Payment or Divestiture Acceleration Payment computations is more than 110% of the lower, then the two Experts shall, within 20 days from such determination, select a third Expert and shall notify the Corporation and the Existing Holders of such selection. If the Early Termination Payment or Divestiture Acceleration Payment computed by the third Expert is equal to the average of the first two Early Termination Payment or Divestiture Acceleration Payment computations, then the Early Termination Payment or Divestiture Acceleration Payment shall be such average. If the third Early Termination Payment or Divestiture Acceleration Payment computation is higher than the average of the first two computations, then the Early Termination Payment or the Divestiture Acceleration Payment shall be the average of such third computation and the higher of the first two computations; provided that if such average exceeds 110% of the higher of the first two computations, then the Early Termination Payment or Divestiture Acceleration Payment shall be 110% of the higher of the first two computations. If the third Early Termination Payment or Divestiture Acceleration Payment computation is lower than the average of the first two computations, then the Early Termination Payment or Divestiture Acceleration Payment shall be the average of such third computation and the lower of the first two computations; provided that if such average is less than 90% of the lower of the first two computations, then the Early Termination Payment or Divestiture Acceleration Payment shall be 90% of the lower of the first two computations.
