Broker Price Opinion Sample Clauses

Broker Price Opinion. For all Subserviced Loans, Approved Subservicers shall obtain an independent, third party broker price opinion (“BPO”) attesting to the value of the mortgaged property, which BPO shall be provided by a BPO vendor within thirty (30) days of onboarding (or as soon as practicable thereafter) from the list of BPO providers set forth in Schedule A attached hereto (“BPO Providers”), as updated from time to time; provided, however, that nothing in this Subservicing Protocol shall be construed to require the use of a BPO where such use would be precluded by applicable law. Additional BPO Providers proposed by JPMorgan or any Approved Subservicer may be authorized from time to time upon consent by the Trustees, such consent not to be unreasonably withheld. Any disputes regarding the foregoing shall be submitted to Xxxxxx Xxxxx, the settlement mediator, for binding resolution.
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Broker Price Opinion. For all Subserviced Loans, Approved Subservicers shall obtain an independent, third party broker price opinion (“BPO”) attesting to the value of the mortgaged property, which BPO shall be provided by a BPO vendor within thirty (30) days of onboarding (or as soon as practicable thereafter) from the list of BPO providers set forth in Schedule A attached hereto (“BPO Providers”), as updated from time to time. Additional BPO Providers proposed by JPMorgan or any Approved Subservicer may be authorized from time to time upon consent by Institutional Investors, such consent not to be unreasonably withheld. Any disputes regarding the foregoing shall be submitted to Xxxxxx Xxxxx, the settlement mediator, for binding resolution.
Sample 1
Broker Price Opinion. The related Mortgage Loan Schedule contains a BPO that has been obtained within ninety (90) days preceding the date of the initial Transaction with respect to such Mortgage Loan. The BPO Value attributable to each Mortgage Loan is not less than $30,000.
Sample 1

Related to Broker Price Opinion

  • Offer Price “Offer Price” is defined in Recital A of the Agreement.

  • Adjustment of Exercise Price and Shares After each adjustment of the Exercise Price pursuant to this Section 8, the number of shares of Common Stock purchasable on the exercise of each Warrant shall be the number derived by dividing such adjusted pertinent Exercise Price into the original pertinent Exercise Price. The pertinent Exercise Price shall be subject to adjustment as follows:

  • Exercise Price Adjustment Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted, as herein provided, the Exercise Price payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter.

  • Post-Closing Purchase Price Adjustment (a) As soon as practicable, but no later than forty-five (45) calendar days after the Closing Date, Buyer shall cause to be prepared and delivered to Griffon a single statement (the “Closing Statement”) setting forth Buyer’s calculation of (i) the Net Working Capital, (ii) based on such Net Working Capital amount, the Net Working Capital Adjustment, (iii) the Closing Date Funded Indebtedness, (iv) the Closing Date Cash, (v) the Transaction Related Expenses and the components thereof in reasonable detail. Buyer’s calculation of the Net Working Capital, the Net Working Capital Adjustment, the Closing Date Funded Indebtedness, the Closing Date Cash and the Transaction Related Expenses set forth in the Closing Statement shall be prepared and calculated in good faith, and in the manner and on a basis consistent with the terms of this Agreement and the Accounting Principles (in the case of Net Working Capital) and the definitions thereof, and in the case of Net Working Capital shall also be in the same form and include the same line items as the Estimated Net Working Capital calculation, and shall otherwise (x) not include any changes in assets or liabilities as a result of purchase accounting adjustments or other changes arising from or resulting as a consequence of the transactions contemplated hereby, (y) be based on facts and circumstances as they exist as of the Closing and (z) exclude the effect of any decision or event occurring on or after the Closing. In furtherance of the foregoing, Buyer acknowledges and agrees that the Accounting Principles are not intended to permit the introduction of different judgments, accounting methods, policies, principles, practices, procedures, classifications or estimation methodologies. If the Closing Statement is not so timely delivered by Buyer for any reason, then the Estimated Closing Statement shall be considered for all purposes of this Agreement as the Closing Statement, from which the Seller will have all of its rights under this Section 2.7 with respect thereto, including the right to dispute the calculations set forth in the Estimated Closing Statement in accordance with the procedures set forth in Section 2.7(b) and Section 2.7(c) mutatis mutandis.

  • Base Price Adjustments The base aircraft price (pursuant to Article 3 of the Agreement) of the Option Aircraft will be adjusted to Boeing's and the engine manufacturer's then-current prices as of the date of execution of the Option Aircraft Supplemental Agreement.

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

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