Approved Valuation definition

Approved Valuation means a valuation in form and substance satisfactory to the Buyer, prepared by and issued by a Valuer valuing the Mortgagor’s interests in the relevant mortgaged property carried out on a market value basis as defined in the then current Royal Institution of Chartered Surveyors Appraisal and Valuation Manual in association with the Incorporated Society of Valuers and Auctioneers and the Institute of Revenues Rating and Valuation, Practice Statement 4 (or its successor) (or its equivalent in any applicable Additional Jurisdiction).
Approved Valuation means any periodic valuation of the Inventory of the Loan Parties performed by Hilco Appraisal Services, LLC or such other unaffiliated valuation company selected by the Collateral Manager and acceptable to Borrower and the Collateral Agent, performed at Borrower’s or Collateral Manager’s request not more than once every six months (unless a Default or Event of Default is continuing, in which case the Collateral Manager may request valuations on a more frequent basis); it being understood such valuation shall (except as may be approved by the Collateral Manager) take into account the amount estimated by such valuation company for marshalling, reconditioning, carrying, and sales expenses designated to maximize the resale value of such Inventory and assuming that the time required to dispose of such Inventory is customary with respect to such Inventory.
Approved Valuation means a valuation in form and substance satisfactory to the Buyer, prepared by and issued by a Valuer valuing the Mortgagor’s interests in the relevant mortgaged property carried out on a market value basis as defined in the then current Royal Institution of Chartered Surveyors Appraisal and Valuation Manual in association with the Incorporated Society of Valuers and Auctioneers and the Institute of Revenues Rating and Valuation, Practice Statement 4 (or its successor) (or its equivalent in any applicable jurisdiction).

Examples of Approved Valuation in a sentence

  • SUPPLEMENTAL AGREEMENTS Under the Absorption and Merger Agreement, DCITS and Shenzhen Techo Telecom agreed, among other things, that the total number of Consideration Shares shall be determined based on the final value of Consideration which shall be determined with reference to the Approved Valuation.

  • The Jiangsu SASAC recently completed its review on the Initial Valuation on DCITS and issued the Valuation Approval, under which the Approved Valuation was RMB3,015,135,000 (equivalent to approximately HK$3,768,918,750), representing a difference of RMB1,865,000 or 0.06% as compared to the Initial Valuation in the amount of RMB3,017,000,000.

  • For this purpose, a valuation of an asset or liability as of such date shall be considered consistent with a valuation of an Approved Valuation Expert if it is equal to the recommended value or within the recommended range of values determined by the Approved Valuation Expert as of such date.

  • Based on the Approved Valuation Report, the projected financial information of the major subsidiaries of DCITS were amended accordingly in the revised Asset Restructuring Proposal, which is available at: xxxx://xxxxxxxxxx.xxxx.xx/m/xxxxxx0000.xxx and an extract of such revised financial information is set out in Appendix I to this announcement.

  • DCITS Profit Forecast The Approved Valuation on DCITS has taken into account the discounted cash flow forecast of the major subsidiaries of DCITS and therefore constitutes a profit forecast under Rule 14.61 of the Listing Rules.

  • Supplemental Agreements On 26 August 2013, DCITS and Shenzhen Techo Telecom entered into a supplemental agreement to the Absorption and Merger Agreement to confirm the Approved Consideration and the total number of Consideration Shares to be allotted and issued to the Existing DCITS Shareholders based on the Approved Valuation.

  • On 26 August 2013, DCITS and Shenzhen Techo Telecom entered into a supplemental agreement to the Absorption and Merger Agreement (the “Supplemental AMA”) to confirm the Approved Consideration and the total number of Consideration Shares to be allotted and issued to the Existing DCITS Shareholders based on the Approved Valuation.

  • The discrepancy was mainly due to the change of valuation methodology from income approach as adopted in the Valuation Report to asset-based approach as adopted in the Approved Valuation Report in respect of DCITS (excluding its subsidiaries).


More Definitions of Approved Valuation

Approved Valuation means a valuation which satisfies each of the following conditions:
Approved Valuation. Company: Valuation Associates or such other accounting, investment banking or valuation firm as shall have been approved in writing by the Deal Agent.
Approved Valuation means a valuation reached in accordance with the Borrower’s valuation policies which have been approved by the Audit Committee and Board of Directors of the Borrower and utilized by the Borrower in its 10-Q and 10-K filings with the SEC.
Approved Valuation means a valuation carried out by an Approved Valuer;
Approved Valuation means any periodic valuation of the Inventory of the Loan Parties performed by Hilco Appraisal Services, LLC or such other unaffiliated valuation company selected by the Collateral Manager and acceptable to the Collateral Agent, performed at the Borrower’s request not more than once every six months (unless a Default or Event of Default is continuing, in which case the Collateral Manager may request valuations on a more frequent basis); it being understood such valuation shall (except as may be approved by the Collateral Manager) take into account the amount estimated by such valuation company for marshalling, reconditioning, carrying, and sales expenses designated to maximize the resale value of such Inventory and assuming that the time required to dispose of such Inventory is customary with respect to such Inventory.

Related to Approved Valuation

  • Approved Valuation Firm means (a) each of (i) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx, (ii) Lincoln International LLC (f/k/a Lincoln Partners LLC), (iii) Duff & Xxxxxx Corp. and (iv) Valuation Research Corporation, and (b) any other nationally recognized valuation firm approved by each of the Borrower and the Administrative Agent in their sole reasonable discretion.

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • Approved Valuer means a firm of valuers recognized as such by the Income Tax Department and having experience of valuing at least 5 (five) properties exceeding Rs. 100 cr. (Rupees one hundred crore) each in value;

  • Excess valuation assets for a valuation period means, with

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Bid Valuation Date means May 10, 2010.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • SPS Valuation Date means the SPS FR Barrier Valuation Date or the Strike Date, as applicable.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • ST Valuation Date means the Redemption Valuation Date.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Fair Valuation means the determination of the value of the consolidated assets of a Person on the basis of the amount which may be realized by a willing seller within a reasonable time through collection or sale of such assets at market value on a going concern basis to an interested buyer who is willing to purchase under ordinary selling conditions in an arm’s length transaction.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Deficient Valuation With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding principal balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Auto-Call Valuation Date means, in respect of an Index and subject to the Adjustment Provisions, each day specified as such in the definition of Auto-Call Trigger Level, or if any such day is not a Scheduled Trading Day for such Index, the next following Scheduled Trading Day in respect of such Index.

  • full insurable value means one hundred percent (100%) of the actual replacement cost of the Property (excluding foundation and excavation costs and costs of underground flues, pipes, drains and other uninsurable items).