As Completed Appraised Value definition

As Completed Appraised Value means the value given by a state-certified appraiser to the real property and improvements on the real property based on the Total Hard Costs and plans and specifications for the improvements on the real property prior to the beginning of any construction or rehabilitation.
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As Completed Appraised Value means, with respect to a Construction/Perm Mortgage Loan, the value given by a state certified appraiser prior to the beginning of any construction to the real property and improvements thereto to be financed by such Construction/Perm Mortgage Loan (i) as of the completion of construction and (ii) based on the Total Costs and plans and specifications for such real property and improvements.
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As Completed Appraised Value means the “as completed” value, as determined by Lender based upon its review of the Appraisal of the Property accepted pursuant to Exhibit C.
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More Definitions of As Completed Appraised Value

As Completed Appraised Value means, for any Construction Property at ---------------------------- any time, the estimated market value of such Property upon completion of all of the improvements to be constructed by the Borrower pursuant to the sale agreement or lease relating to such Construction Property, as established by an Appraisal conducted prior to the recording of the Deed of Trust encumbering such Construction Property to secure the Obligations. The As-Completed Appraised Values for the Construction Properties as of the Closing Date are set forth on Schedule 1.1. However, nothing contained in this Agreement is intended to be, ------------ nor should it be construed as, an admission by the Borrower as to the fair cash market value of any Property, or any portion thereof.
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Related to As Completed Appraised Value

  • 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.

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • 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;

  • Required Appraisal shall have the meaning provided in Section 8.11(g).

  • Approved Appraiser means any of the following: Xxxxx Xxxxxxxx Xxxxxx, Xxxxx, H Xxxxxxxx & Co. Ltd., London, X.X. Xxxxxx Shipbrokers, Norway, or Fearnley AS, Norway.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Acceptable Appraisal means, with respect to an appraisal of Inventory, the most recent appraisal of such property received by Agent (a) from an appraisal company satisfactory to Agent, (b) the scope and methodology (including, to the extent relevant, any sampling procedure employed by such appraisal company) of which are satisfactory to Agent, and (c) the results of which are satisfactory to Agent, in each case, in Agent's Permitted Discretion.

  • Final Completion Date means the date on which Final Completion occurs.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Qualified Appraiser An appraiser, duly appointed by the Seller, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation was not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.

  • Conversion Valuation Appraisal Report Page: 4 ================================================================================

  • Good Value means that the Benchmarked Rates are within the Upper Quartile;

  • Flood Elevation Determination means a determination by the Administrator of the water surface elevations of the base flood, that is, the flood level that has a one percent or greater chance of occurrence in any given year.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Scheduled Project Completion Date shall have the meaning specified in Section 6.3 (c);

  • Land Value means, at any time:-

  • Required Appraisal Loan As defined in Section 3.19(a).

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.