Fair Value Determination definition

Fair Value Determination means the following, utilized by the Board in determining the fair value of a Share:
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Fair Value Determination with respect to any Disposition of Property, a determination by the management of the Borrower, that such Disposition, taking into account all current consideration and direct and indirect future benefits anticipated to be received by the Borrower and its Subsidiaries in connection with such Disposition, is a reasonable and good faith exercise of business judgment.
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Fair Value Determination means the determination of Fair Value of any Specially Designated Defaulted Mortgage Loan by the Special Servicer in accordance with SECTION 3.18(B).
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Examples of Fair Value Determination in a sentence

  • In addition, the Master Servicer or the Trustee, as the case may be, shall be entitled to receive out of the Collection Account a $__________ fee for the initial confirmation of the Special Servicer's Fair Value Determination (but no fee for any subsequent confirmation of the Special Servicer's Fair Value Determination required by SECTION 3.18(C)(VI) below) that is made by it with respect to any Specially Designated Defaulted Mortgage Loan, in accordance with this SECTION 3.18(B).

  • EXHIBIT B Procedures for Fair Value Determination - Special Circumstances Introduction: In the normal course of business, most of the debt securities in a portfolio are priced by the Fund's customarily used pricing agents.

  • Within five Business Days of the Special Servicer's providing the Trustee with the Special Servicer's determination of the Fair Value of any Specially Designated Defaulted Mortgage Loan in accordance with SECTION 3.18(B), the Trustee shall promptly notify all of the Controlling Class Certificateholders of such Fair Value Determination.

  • In addition, the General Master Servicer or the Trustee, as the case may be, shall be entitled to receive out of the Collection Account a $2,500 fee for the initial confirmation of the applicable Special Servicer's Fair Value Determination (but no fee for any subsequent confirmation of such Special Servicer's Fair Value Determination) that is made by it with respect to any Specially Designated Defaulted Mortgage Loan, in accordance with this Section 3.18(c).