Approved Valuer definition

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;
Approved Valuer means, in relation to a Ship, at any time during the Security Period, any of the firms listed in Schedule 8 (List of Approved Valuers) or any other firm or firms of shipbrokers approved in writing by the Facility Agent acting with the authorisation of the Majority Lenders.
Approved Valuer means a valuer as approved by the Board of Directors or Board of Trustees of the secured

Examples of Approved Valuer in a sentence

  • The Agent shall, in its full discretion be entitled to request a second valuation from an Approved Valuer selected and appointed by the Facility Agent, in which case, the Market Value shall be the arithmetic average of the two valuations.


More Definitions of Approved Valuer

Approved Valuer means Arrow Sale and Purchase (UK) Limited, Braemar Seascope Shipping Limited, Xxxxxxx Xxxxxx Xxxxx Ltd, Fearnleys AS, Clarkson Securities AS, Maersk Broker K/S, Xxxx Xxxxxxxx, Allied Shipbroking, Xxxxx Xxxxxxxx Xxxxxx and VesselsValue (or any Affiliate of such person through which valuations are commonly issued) and any other firm or firms of independent sale and purchase shipbrokers approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders.
Approved Valuer means each of Clarkson Valuations Limited, Fearnleys AS and Simpson Spence Young or any other independent sale and purchase broker approved in writing between the Charterers, the Owners and the Mortgagee;
Approved Valuer means a person for the time being approved by the Trustee as qualified to value any particular Investment constituting part of the Deposited Property and appointed by the Managers for such purpose.
Approved Valuer means a firm of valuers recognised as such by the Income Tax Department andhaving experience of valuing at least 5 (five) properties exceeding Rs. 100 cr. (Rupees one hundredcrore) each in value.
Approved Valuer means any of Braemar ACM Shipbroking, Fearnleys Shipping AS, Xxxxxxxxx & Stemoco AS, Clarksons Platou, Xxxxxxx Xxxxxx & Xxxxx Shipbrokers Ltd (SSY), VesselsValue Ltd, Arrow Valuations Ltd., Compass Maritime Services, LLC, Xxxxx Xxxxxxxx and Salles (BRS), Golden Destiny S.A., Galbraiths Limited Shipbrokers, Xxxx Xxxxxxxx, Maersk Brokers or such other international independent and reputable ship sale and purchase shipbroker as may from time to time be appointed by the Owners acting reasonably;
Approved Valuer means in respect of a Division any person who is independent of the Trustee, experienced in relation to the valuation of Assets of the kind required to be valued, licensed or registered as a valuer in those jurisdictions which require it and is appointed, for the time being, by the Trustee to act in relation to the Division under this Deed.