Appraiser. An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.

Appraiser shall have the meaning assigned to such term in the Servicing Agreement.

Appraiser means an independent appraiser, selected by the Servicer, as applicable, that is a member in good standing of the Appraisal Institute and that is certified or licensed in the state in which the Mortgaged Property is located, and who has a minimum of five (5) years’ experience in the appraisal of comparable properties in the geographic area in which such Mortgaged Property is located.

Examples of Appraiser in a sentence

The only past performance evaluation disciplines to be used are: Road, Bridge, Traffic, CE&I/OV, Geotech, Survey, Environmental, Data Collection, Planning, Right-of-Way, CPM, ITS, Appraiser and Other (please specify).
Deliver to the Administrative Agent as and when required under Section 2.3(a)(ii) of the Relative Rights Agreement, an appraisal of the Option Assets (as defined in the Relative Rights Agreement) conducted by an MAI Appraiser (as defined in the Master Lease) mutually acceptable to the Administrative Agent and LeaseCo.
The appraiser conducting any such new Appraisal shall be an Appraiser selected by (i) the Special Servicer if no Interested Person is making an offer with respect to the Mortgage Loan and (ii) the Trustee if an Interested Person is so making an offer.
The Trustee shall select the Appraiser conducting any such new Appraisal.
The report must conform to the Uniform Standards of Professional Appraisal Practice (“USPAP”) and shall meet or exceed the requirements set forth by Illinois Public Act 100-0751 codified as 220 ILCS 5/9-210.5. The appraisal must be completed by a current licensed Illinois Certified General Appraiser pre-approved by the Illinois Commerce Commission as qualified.

More Definitions of Appraiser

Appraiser means a firm of internationally recognized, independent aircraft appraisers.

Appraiser means an individual licensed under article 26 of the occupational code, 1980 PA 299, MCL 339.2601 to 339.2637.

Appraiser means Deloitte & Touche LLP Valuation Group.

Appraiser means the Person who prepared the Appraisal.

Appraiser means a nationally recognized MAI appraiser selected by Borrower and reasonably approved by Lender.