Appraisal Value definition
Examples of Appraisal Value in a sentence
The Ceding Commission shall be equal to the Appraisal Value of the Recaptured Business as of the Recapture Date, adjusted for Taxes as provided below.
The Collateral Agent is entitled to the benefits of Section 1110 of the Bankruptcy Code with respect to the Specified Engines as provided in the Engine Mortgage and Security Agreement and to not less than the Minimum 1110 Percentage (determined on the basis of Appraisal Value as of the Closing Date) of the Rotables included within the Pledged Spare Parts as provided in the Spare Parts Security Agreement in the event of a case under Chapter 11 of the Bankruptcy Code in which a Borrower is a debtor.
The Ceding Commission would equal the Appraisal Value net of such credits and charges.
All buildings and improvements subject to the Mortgage which were considered in determining the Appraisal Value of the Mortgaged Property lie wholly within the boundaries and building restriction lines of the Mortgaged Property (and wholly within the project with respect to a condominium unit).
The Appraisal Value of the Recaptured Business shall be equal to the present value (calculated at a 13.5 percent interest rate) as of the Recapture Date of the following values for the Recaptured Business: (a) After Tax Statutory Profits, (b) After Tax Interest on Required Surplus, minus or (c) the Increase or Decrease in Required Surplus, minus (d) the Required Surplus as of the Recapture Date.