Updated Appraisal definition

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.

Updated Appraisal. An appraisal of a Mortgaged Property or REO Property, as the case may be, conducted subsequent to any appraisal performed on or prior to the Cut-Off Date and in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Master Servicer. Updated Appraisals shall be conducted by an MAI appraiser selected by the Special Servicer.

Updated Appraisal means each appraisal (other than the Initial Appraisals) that is conducted after the Closing Date pursuant to Section 10.15 or 10.17(b) for purpose of determining the Borrowing Base, in form and substance reasonably satisfactory to the Multi-Currency Administrative Agent and performed by an appraiser that is reasonably satisfactory to the Multi-Currency Administrative Agent.

Examples of Updated Appraisal in a sentence

• The DfT17 updated demand forecasts were dealt with by the Secretary of State in the Updated Appraisal Report (see paragraph 72 above).

• There are various ways of viewing the different degrees of protection for ESC rights from negative (immediately enforceable) v positive (requiring action); procedural v substantive; Nolan et al identify degrees of enforcement through a multitude of varying degrees – from respect, to protect, to fulfill, consideration of progressive realisation and finally non-retrogressive measures, Nolan et al The Justiciability of Social and Economic Rights: An Updated Appraisal (Human Rights Consortium March 2007).

• Also published were (i) an update to the Further Review and Sensitivities Report Airport Capacity in the South East published in October 2016 (“the Updated Appraisal Report”), and (ii) a report entitled “Carbon Abatement in UK Aviation” produced by Ricardo Energy & Environment.

• Based on the Updated Appraisal Report, as of December 31, 2018, Anpon’s book value of total asset is RMB 1,362,914,500, the book value of total debt is RMB 915,267,100, the book value of netassets is RMB 447,647,400; the appraised value of total assets is RMB 1,775,914,600, the appraised value of total debt is RMB 895,976,500, the appraised value of net assets is RMB 879,938,100.

• Langford, The Justiciability of Social and Economic Rights: an Updated Appraisal, Center for Human Rights and Global Justice Working Paper Series 15 (2007), available at http://www.scribd.com/doc/57177908/Justiciability-of-ESCR.

More Definitions of Updated Appraisal

Updated Appraisal. As defined in Section 3.10(a).

Updated Appraisal has the meaning specified in Section 2.19(a).

Updated Appraisal means each appraisal that is conducted after the Effective Date pursuant to Section 6.12(b) (Borrowing Base) for purpose of determining the Borrowing Base, in form and substance satisfactory to the Administrative Agent and performed by an appraiser that is satisfactory to the Administrative Agent.

Updated Appraisal. With respect to each Required Appraisal Mortgage Loan, an Independent appraisal, prepared in accordance with 12 CFR

Updated Appraisal means any updated appraisal of Collateral comprising of any Borrowing Base that has been provided under and become effective pursuant to Section 5.07 after the Closing Date.

Updated Appraisal means an Appraisal of the Mortgaged Property, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement, by an Appraiser selected by the Servicer (and, if such Appraisal is being obtained at the request of a Participation Holder, with the approval of such Participation Holder), in accordance with MAI standards, the costs of which shall be borne by the Participation Holders, unless such Updated Appraisal is required to be paid for by the Controlling Holder pursuant to Section 19 hereof.

Updated Appraisal. An appraisal (or a letter update for an existing appraisal which is less than one year old) of the Underlying Mortgaged Property or Underlying Mortgaged Properties that the Special Servicer will be required to use reasonable efforts to obtain from an independent MAI appraiser upon the occurrence of an Appraisal Reduction Event within one hundred twenty (120) days of the event that resulted in such Appraisal Reduction Event with respect to a Loan Obligation.