The Valuation Agent Clause Samples
The Valuation Agent clause designates the party responsible for determining the value of certain assets, liabilities, or transactions under the agreement. Typically, this clause outlines the process for selecting the Valuation Agent, the standards or methodologies they must use, and how disputes over valuations are to be resolved. By clearly assigning valuation duties and procedures, the clause ensures transparency and consistency in financial calculations, reducing the risk of disagreements between parties.
The Valuation Agent. Grantor shall use all commercially reasonable efforts to maintain a Valuation Agent to provide monthly reports on the Aggregate Required Collateral Amount at all times during the term of this Agreement. Grantor shall consult with ▇▇▇▇▇▇▇ Mac prior to designating any Valuation Agent or any successor thereto. Grantor shall notify Collateral Trustee and ▇▇▇▇▇▇▇ Mac immediately if there is no Valuation. Agent because of its resignation, termination, discharge, replacement, removal, or any other circumstance.
The Valuation Agent