Independent Appraiser definition

Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.
Independent Appraiser means a Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of Real Property or of other Assets of the type held by the Company. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of being engaged to a substantial extent in the business of rendering opinions as to the value of Real Property.
Independent Appraiser means a person or entity with no material current or prior business or personal relationship with the Advisor or the Directors, who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company, and who is a qualified appraiser of real estate as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers (“M.A.I.”) or the Society of Real Estate Appraisers (“S.R.E.A.”) shall be conclusive evidence of such qualification.

Examples of Independent Appraiser in a sentence

Such cash flow is projected from the property value as appraised by the Independent Appraiser, net of corporate income tax of 20%.

With reference to the reports, the Independent Appraiser employs the market data approach to value both lands, which is also deemed appropriate by the Advisor for such purpose.Nonetheless, the Advisor had reasonable doubt concerning the appraised values, as both appraisals were conducted in 2009 and 2007.

This is supported by a Fairness OpinionReport from Independent Appraiser which will be explained further in section III of this Disclosure of Information.

No. VIII.C.5 guidelines regarding assessment and presentation of intangible asset valuation.To determine the fair value, the Independent Appraiser utilizes a combination of two approaches as the appraisal method: the income approach, which discounts future cash flows, and the assets approach.

Pursuant to the terms of the Operating Agreement, the purchase of the Fund’s LLC Interest by the Unions in connection with the exercise of the Put Right will close on the later of: (1) 30 business days after delivery of notice; or (2) five business days after the Independent Appraiser determines the fair market value of the Property.


More Definitions of Independent Appraiser

Independent Appraiser means an Independent professional real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the subject Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years experience in the subject property type and market.
Independent Appraiser. An Independent professional real estate appraiser who is a member in good standing of the Appraisal Institute, and, if the State in which the subject Mortgaged Property is located certifies or licenses appraisers, certified or licensed in such State, and in each such case, who has a minimum of five years experience in the subject property type and market.
Independent Appraiser means a Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is a qualified appraiser of Real Property of the type held by the Company or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the Appraisal Institute shall be conclusive evidence of such qualification as to Real Property.
Independent Appraiser means a Person:
Independent Appraiser means a disinterested, licensed industrial property appraiser who is a member of the Appraisal Institute having experience in the business of evaluating facilities similar to the Facility.
Independent Appraiser means an investment banking firm of national standing or any third party appraiser of national standing, provided that such firm or appraiser is not an Affiliate of the Company.