Current Appraised Value definition

Current Appraised Value. With respect to any Mortgaged Property, the value thereof as determined by an appraisal made for the Company (by an appraiser who met the requirements of the Company and ▇▇▇▇▇▇ Mae) at the request of a Mortgagor for the purpose of canceling a Primary Mortgage Insurance Policy in accordance with federal, state and local laws and regulations or otherwise made at the request of the Company or Mortgagor.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Current Appraised Value means the value of State-owned real property as assessed by a professional real estate appraiser within twelve (12) months of the intended disposition of the real property.

Current Appraised Value means the value of a Low-income Rental Housing Project determined in accordance with Section 7.

Examples of Current Appraised Value in a sentence

The ratio of the Stated Principal Balance of a Mortgage Loan to the Current Appraised Value of the Mortgaged Property.
Without limiting the foregoing, each of the Collateralization Requirements shall have be satisfied, and the Current Appraised Value of the Eligible Collateral shall not be less than the Collateral Coverage Threshold, in each case at the time of, and after giving effect to, each Loan and the issuance of each Letter of Credit.
If the difference between the Current Appraised Value as improved and as vacant is zero or less, the Improvements will have no Current Appraised Value for purposes of reimbursement.
Freddie Mac Loan # Cutoff Date LTV Trustee Loan # Current Appraised Value Control # Cutoff NOI DSCR Special Servicing Date Cutoff NCF DSCR Current SPB Cutoff NCF Debt Yield Maturity Date Cutoff Date Cap Rate IO Period Current Est.
Without limiting the foregoing, each of the Collateralization Requirements is satisfied, and the Current Appraised Value of the Eligible Collateral is not less than the Collateral Coverage Threshold, in each case as of the date hereof.
In the event that the Current Appraised Value of the Improvements, as defined in Section 10.9 above, is less than Land Lessee's Purchase Price as set forth in Section 10.7 above, the Actual Purchase Option Price shall be the Current Appraised Value of the Improvements at the time of any notice given by Land Lessee in accordance with Section l0.4 above.
For the purpose of determining the Formula Price, Market Value Appreciation of the Leased Premises and Home shall be determined by subtracting the Initial Appraised Value from the Current Appraised Value.
Values contributed by the Land and the Improvements shall be indicated by separate figures (the "Current Appraised Value of the Land" and the "Current Appraised Value of the Improvements").
Pool ID ▇▇▇▇▇▇▇ Mac Loan # Trustee Loan # Control # Special Servicing Date Current SPB Maturity Date IO Period Amortization Mortgage Coupon Rate Annual Debt Service Cutoff Date Value Cutoff Date LTV Current Appraised Value Cutoff NOI DSCR Cutoff NCF DSCR Cutoff NCF Debt Yield Cutoff Date Cap Rate Current Est.
For the purpose of determining the Purchase Option Price, Appreciation in Market Value of the Improvements shall be determined by subtracting from the Current Appraised Value of the Improvements, as defined in this Section 10.9 above, the Initial Appraised Value of the Improvements as defined in Section 10.8 above.

More Definitions of Current Appraised Value

Current Appraised Value. With respect to any Mortgaged Property, the value thereof as determined by an appraisal made for the Servicer (by an appraiser who met the requirements of the Servicer and Fannie Mae) at the request of a Mortgagor for the purpose of canceling ▇ ▇▇▇m▇▇▇ Mortgage Insurance Policy in accordance with federal, state and local laws and regulations or otherwise made at the request of the Servicer or Mortgagor.

Current Appraised Value means, at any time, an amount expressed in U.S. Dollars equal to:

Current Appraised Value means the appraised value for the year for which a calculation is being made under this section.

Current Appraised Value means the appraised value of a Reimbursable Improvement at the time Lessee is reimbursed.