Independent Property Valuer definition

Independent Property Valuer means Savills Valuation and Professional Services Limited, the independent property valuer for the Company;
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Independent Property Valuer means Jones Lang LaSalle Corporate Appraisal and Advisory Limited.
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Independent Property Valuer means such qualified independent property valuer(s) as the AIFM may from time to time appoint in respect of one or more Funds or in respect of one or more properties to be acquired or held pursuant to an agreement made between the AIFM, the ICAV and the relevant property valuer, which appointment shall be subject to the approval of the Board, which may be withheld in its sole discretion. The appointment or resignation of an Independent Property Valuer will be disclosed in the ICAV’s annual reports.
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Examples of Independent Property Valuer in a sentence

  • The Group has elected to use the fair value model and therefore investment properties are initially recognised at cost then revalued to fair value at the reporting date by an Independent Property Valuer.

  • The Company has elected to use the fair value model and therefore investment properties are initially recognised at cost then revalued to fair value at the reporting date by an Independent Property Valuer.

  • The Option Agreement provides Regal REIT with flexibility as the exercise price adjustment mechanism ensures that any such consideration will be at or below market valuation (as assessed by the Independent Property Valuer).

  • Initial adjustment: An initial adjustment based on an updated valuation of the North Point Hotel as appraised by the Independent Property Valuer as of the last month end date before the grant of the occupation permit for the North Point Hotel (the “ NP Updated Appraised Value”).

  • On the other hand, as the Sheung Wan Hotel is at a later stage of development and expected to be completed more imminently in the fourth quarter of 2013, the Manager does not expect any material change to its value subsequent to 25 June 2013 (the date on which the Independent Property Valuer valued the Sheung Wan Hotel at HK$1,580 million), and accordingly, the Share Purchase Agreement does not contain a similar purchase price adjustment mechanism.

  • As at 25 June 2013, the North Point Hotel was valued by the Independent Property Valuer, at HK$1,650 million.

  • A circular containing, inter alia, (i) further details of the Acquisition and the Framework Agreement; (ii) a valuation report on the Target Property issued by the Independent Property Valuer; (iii) other information as required under the Listing Rules; and (iv) a notice convening the SGM, will be despatched to the Shareholders on or before 12 October 2015, as more time is required to prepare the information to be incorporated into the circular.

  • All the terms and conditions have been revealed to and considered by the Independent Property Valuer during the course of valuation.

  • The Consideration was determined after arm’s length negotiations between the parties with reference to the valuation report on the Property issued by the Independent Property Valuer.

  • Additionally, the Independent Property Valuer has also opined on the New Lease Agreements and the New Hotel Management Agreements associated with the SW Transaction and the NP Transaction, as set out in the Regal REIT Circular.


More Definitions of Independent Property Valuer

Independent Property Valuer means CB Richard Ellis Limited, an independent property
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Independent Property Valuer. ’ means Savills Valuation and Professional Services
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Independent Property Valuer means Jones Lang LaSalle Corporate Appraisal and
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Independent Property Valuer. ’ means Cushman & Wakefield Limited, being the Principal
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Related to Independent Property Valuer

  • 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.

  • 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.

  • 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.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

  • Appraiser An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related 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 related property type and market.

  • 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;

  • Appraisal Well means a Well drilled pursuant to an Appraisal Programme.

  • 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.

  • MAI Appraiser With respect to any real property, a member of the American Institute of Real Estate Appraisers with a minimum of 5 years of experience appraising real property of a type similar to the real property being appraised and located in the same geographical area as the real property being appraised.

  • 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.

  • Independent Expert means a Person or entity 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 assets of the type held by the Company.

  • 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.

  • Independent adjuster means an insurance adjuster required to be licensed under

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Approved Third-Party Appraiser means each of (a) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Inc., (b) Lincoln International LLC (formerly known as Lincoln Partners LLC), (c) Duff & Xxxxxx Corporation, (d) Valuation Research Corporation, and (e) any other third party appraiser selected by the Borrower in its reasonable discretion.

  • Appraiser panel means a network, list or roster of licensed or certified ap- praisers approved by an AMC to per- form appraisals as independent con- tractors for the AMC. Appraisers on an AMC’s ‘‘appraiser panel’’ under this part include both appraisers accepted by the AMC for consideration for fu- ture appraisal assignments in covered transactions or for secondary mortgage market participants in connection with covered transactions and appraisers en- gaged by the AMC to perform one or more appraisals in covered trans- actions or for secondary mortgage mar- ket participants in connection with covered transactions. An appraiser is an independent contractor for purposes of this subpart if the appraiser is treat- ed as an independent contractor by the AMC for purposes of Federal income taxation.

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Appraisers means Aircraft Information Services, Inc., BK Associates, Inc. and Xxxxxx Xxxxx and Xxxxx, Inc. or, so long as the Person entitled or required hereunder to select such Appraiser acts reasonably, any other nationally recognized appraiser reasonably satisfactory to the Subordination Agent and the Controlling Party.

  • 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).

  • Qualified assessor means an entity contracting with the Department of Medical Assistance Services

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Bondable transition property means the property consisting of

  • Qualified accountant means a member of a professional body that is approved by ASIC in writing for the purpose of the definition. ASIC has indicated that it will approve any member of:

  • Control Appraisal Period shall exist with respect to the Mortgage Loan, if and for so long as: