Final Appraisal Sample Clauses

Final Appraisal. Upon completion of the acquisition, construction and installation of the Property and before any disbursement of the Escrow Holdback Amount (as defined in Section 2.04 of the Escrow Agreement) from the Escrow Fund, but in no event later than September 30, 2004, Borrower shall provide to Lender the Final Appraisal. Borrower shall reimburse Lender for the cost of the Final Appraisal. Upon receipt of the Final Appraisal, if an Undersecured Amount exists, Borrower shall either (i) deliver or cause to be delivered to Lender the Letter of Credit or (ii) prepay in part the Loan in the amount of the Undersecured Amount.
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Final Appraisal. Agent shall have received a final appraisal from Xxxxxxxx Xxxxxx and Associates, Inc. in form and substance reasonably satisfactory to it.
Final Appraisal. 27 5.18 Completion. . . . . . . . . . . . . . . . . . . . . . . . . . . 27 5.19
Final Appraisal. Provide, at its sole cost, to Trustee not later than the earlier of (a) the date that is forty-five (45) days following the Completion Date or (b) February 15, 1998 an appraisal report (the "FINAL APPRAISAL") with respect to the Equipment prepared by the Appraiser establishing (i) an aggregate minimum Fair Market Sales Value of the Equipment as of the Completion Date of no less than the Base Value, (ii) that the Fair Market Sales Value of the Equipment as of the Maturity Date will be at least equal to 53% of Lessor's Cost but not greater than 60% of Lessor's Cost, (iii) that the aggregate average useful life of the Equipment as of the first day of the Base Period will be at least equal to 133% of the remaining Base Period and (iv) as to such other matters as each Holder may reasonably request, which Final Appraisal shall be satisfactory to the Holders.
Final Appraisal. Lessee shall provide, at its sole cost, to --------------- Administrative Agent (with copies for Trustee/Lessor and each Lender) (a) concurrently with the Advance Request pertaining to the Final Advance Date or (b), if Lessee fails to designate a Final Advance Date, not later than ten (10) days following the last day of the Commitment Period a final appraisal report with respect to the Equipment, prepared by the appraiser that provided the preliminary appraisal report described in Section 3.2(a), establishing (a) that -------------- the fair market value of all of the Equipment on an installed, "in use" basis is at least equal to the Purchase Price for such Equipment and (b) the estimated value of such Equipment as of the last day of the Commitment Period, which final appraisal report shall be otherwise reasonably satisfactory to the Required Lenders.

Related to Final Appraisal

  • Appraisal The Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-off Date. The appraisal is signed by an appraiser that (i) was engaged directly by the originator of the Mortgage Loan or the Mortgage Loan Seller, or a correspondent or agent of the originator of the Mortgage Loan or the Mortgage Loan Seller, and (ii) to the Mortgage Loan Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation.

  • Performance Appraisal The Executive’s performance may be evaluated by the Board of Directors or the Committee from time to time. The Executive shall be entitled to such additional remuneration, including but not limited to annual bonuses based on performance, as the Board of Directors or the Committee may, in its discretion, determine from time to time.

  • The Appraisal The Mortgage Loan Documents contain an appraisal of the related Mortgaged Property by an appraiser who is licensed in the state where the Mortgaged Property is located, and who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof; and whose compensation is not affected by the approval or disapproval of the Mortgage Loan, and the appraisal and the appraiser both satisfy the applicable requirements of Title XI of the Financial Institution Reform, Recovery, and Enforcement Act of 1989 and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated;

  • Performance Appraisals 3201 The Employer shall complete a written appraisal of a nurse's performance at least bi-annually. Upon request, the nurse shall be given an exact copy of the appraisal. 3202 The nurse shall have an opportunity to read such document. 3203 The nurse's signature on such document merely signifies that the contents of the document have been read. 3204 If the nurse disputes the appraisal, she/he may file a reply to the document in accordance with Article 29, and/or she/he may file a grievance under Article 12 of this Agreement.

  • Waiver of Appraisal Rights Stockholder hereby irrevocably and unconditionally waives any right of appraisal relating to the Merger that Stockholder may have by virtue of ownership of the Shares.

  • Appraisals An appraisal of the related Mortgaged Property was conducted in connection with the origination of the Mortgage Loan, which appraisal is signed by an appraiser, who, to the Mortgage Loan Seller's knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Borrower or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan; in connection with the origination of the Mortgage Loan, each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the "Uniform Standards of Professional Appraisal Practice" as adopted by the Appraisal Standards Board of the Appraisal Foundation.

  • Inspections; Appraisals (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or Subsidiary, inspect, audit and make extracts from any Borrower’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them.

  • Review of assessment The assessment of the applicable percentage should be subject to annual review or earlier on the basis of a reasonable request for such a review. The process of review shall be in accordance with the procedures for assessing capacity under the Supported Wage System.

  • Independent Engineer Contractor shall cooperate with Independent Engineer in the conduct of his or her duties in relation to the Project and the Work, including the duties listed in Attachment CC. No review, approval or disapproval by Independent Engineer shall serve to reduce or limit the liability of Contractor to Owner under this Agreement.

  • Expert Determination If a Dispute relates to any aspect of the technology underlying the provision of the Goods and/or Services or otherwise relates to an ICT technical, financial technical or other aspect of a technical nature (as the Parties may agree) and the Dispute has not been resolved by discussion or mediation, then either Party may request (which request will not be unreasonably withheld or delayed) by written notice to the other that the Dispute is referred to an Expert for determination. The Expert shall be appointed by agreement in writing between the Parties, but in the event of a failure to agree within ten (10) Working Days, or if the person appointed is unable or unwilling to act, the Expert shall be appointed on the instructions of the President of the British Computer Society (or any other association that has replaced the British Computer Society). The Expert shall act on the following basis: he/she shall act as an expert and not as an arbitrator and shall act fairly and impartially; the Expert's determination shall (in the absence of a material failure by either Party to follow the agreed procedures) be final and binding on the Parties; the Expert shall decide the procedure to be followed in the determination and shall be requested to make his/her determination within thirty (30) Working Days of his/her appointment or as soon as reasonably practicable thereafter and the Parties shall assist and provide the documentation that the Expert requires for the purpose of the determination; any amount payable by one Party to another as a result of the Expert's determination shall be due and payable within twenty (20) Working Days of the Expert's determination being notified to the Parties; the process shall be conducted in private and shall be confidential; and the Expert shall determine how and by whom the costs of the determination, including his/her fees and expenses, are to be paid.

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