Annual Appraisal. 1 The employee and his immediate superior shall hold an interview every year on the substance and development of the working relationship. The employee and the superior may agree to allow another official to attend all or part of the interview.
Annual Appraisal. Upon the request of the Administrative Agent, during the continuance of any Event of Default, permit the Administrative Agent to obtain, at the Borrower's expense, once in each calendar year an appraisal of any part of the Property prepared in accordance with written instructions from the Administrative Agent by a third-party appraiser engaged directly by the Administrative Agent. Each such appraiser and appraisal shall be satisfactory to the Administrative Agent (including satisfaction of applicable regulatory requirements). The cost of each such appraisal shall be due and payable by the Borrower on demand and shall be secured by the Security Documents.
Annual Appraisal. The Net Book Value of (a) all Eligible Engines, Eligible Equipment (excluding Eligible Parts but, for the avoidance of doubt, including Eligible Corporate Aircraft), Eligible Saleable Assets (excluding Parts that constitute Eligible Saleable Assets) and Eligible Specified Assets included in the Borrowing Base shall be adjusted annually and (b) if requested by Administrative Agent, all Parts included in the Borrowing Base shall be adjusted annually, in each case based on an Appraisal of such assets by an Appraiser, as set forth in Section 8.1.6, and Borrower will be required, as set forth in Section 2.8.3, to pay down the Loans by the amount of any Borrowing Base Deficiency resulting from an Appraisal Deficiency; and (y)
Annual Appraisal. A. The annual appraisal shall include the following:
Annual Appraisal. Lender may at its option obtain at Borrower's expense, once in each year (or as otherwise reasonably requested by Lender) an appraisal of the Property or any part thereof prepared in accordance with written instructions from Lender by a third-party appraiser engaged directly by Lender. Each such appraiser and appraisal shall be satisfactory to Lender. The costs of each such appraisal shall be a part of the secured indebtedness and shall be payable by Borrower to Lender on demand (which obligation Borrower hereby promises to pay).
Annual Appraisal. The annual appraisals given to bargaining unit employees by their supervisor shall be objective and shall be prepared in accordance with the following:
Annual Appraisal. A. During the annual appraisal meeting the supervisor shall explain the basis for the rating and discuss this rating with the employee.
Annual Appraisal. Mortgagee may at its option obtain at Mortgagor's ---------------- expense, once in each year (or as otherwise requested by Mortgagee) an appraisal of the Property or any part thereof prepared in accordance with written instructions from Mortgagee by a third-party appraiser engaged directly by Mortgagee. Each such appraiser and appraisal shall be satisfactory to Mortgagee. The costs of each such appraisal shall be a part of the secured indebtedness and shall be payable by Mortgagor to Mortgagee on demand (which obligation Mortgagor hereby promises to pay).
Annual Appraisal. For the period ending December 31, 2012, the Bank shall engage the Appraiser to conduct a “desk-top” appraisal of all of the Borrower’s Equipment and an updated net orderly liquidation value appraisal of Borrower’s real estate, fixtures and inventory. Thereafter, the Bank may conduct one appraisal per year on an as needed basis, in its sole discretion. The Bank shall instruct the Appraiser to provide a copy of its appraisal report to the Borrower. The Borrower shall pay all reasonable costs in connection with the appraisals, not to exceed Five Thousand Dollars ($5,000) per appraisal.
Annual Appraisal. The Net Book Value of all assets included in the Borrowing Base shall be adjusted annually based on an Appraisal of such assets by an Appraiser, as set forth in Section 8.1.6, and Borrower will be required, as set forth in Section 2.8.3, to pay down the Loans by the amount of any Appraisal Deficiency.
