Initial Appraisal Report definition

Initial Appraisal Report means the Valuation Report, dated March 16, 2018, by Xxxxxx Xxxxx & Xxxxx.

Initial Appraisal Report means the initial appraisal report delivered in respect of the Pool Assets in accordance with Section 5.10.

Initial Appraisal Report means, collectively, (a) a satisfactory independent collateral appraisal of the assets of Quail Tools prepared during the twelve-month period ending on the Closing Date, including in connection with the Existing Credit Agreement and (b) a satisfactory independent collateral appraisal of the Specified Rigs prepared during the three-month period ending on the Closing Date, in each case, prepared by a third-party collateral appraiser reasonably acceptable to the Administrative Agent in its sole discretion.

Examples of Initial Appraisal Report in a sentence

• Strategic Property Services will first prepare an Initial Appraisal Report (IAR) which is intended to answer the basic question – ‘is the asset worth acquiring?’.

• Strategic Property Services, will first prepare an Initial Appraisal Report (IAR) which is intended to answer the basic question – ‘is the asset worth acquiring?’.

• The Sustainability Appraisal process undertook an assessment of the Issues and Options document, and set out the findings and conclusions in an Initial Appraisal Report.

• The Administrative Agent shall have received the Initial Appraisal Report and such Initial Appraisal Report shall demonstrate that, on the Closing Date, and after giving effect to the Transactions, the Borrower shall be in compliance on a pro forma basis with ‎Section 6.03.

• In March 2018, an Initial Appraisal Report, per compliance with Section 216 of WRDA 1970, was completed to determine if there is potential federal interest to undertake modifications to the existing 50-foot federal navigation project.

More Definitions of Initial Appraisal Report

Initial Appraisal Report means, collectively, (a) that certain energy equipment appraisal report, dated as of October 10, 2014, on Quail Tools, (b) that certain energy equipment appraisal report, dated as of October 10, 2014, on 13 Inland Drilling Barge Rigs, described in such report as being owned by “Xxxxxx USA Drilling Company” (it being understood that such rigs are in fact owned by Xxxxxx Drilling Offshore USA, L.L.C.) and (c) that certain restricted appraisal report, dated as of October 10, 2014, on Arctic Land Drilling Rigs #272 and #273, described in such report as being owned by “Xxxxxx Drilling Company” and “Xxxxxx Drilling Arctic Operating, Inc.” (it being understood that such rigs are in fact owned by Xxxxxx Drilling Arctic Operating LLC).

Initial Appraisal Report means the initial appraisal report delivered in respect of the Pool Assets in accordance withSection 5.10. #10384228v33

Initial Appraisal Report means that certain Appraisal Report dated July 7, 2003 issued by Xxxxxxx Marine Services, Inc., covering the Vessels.

Initial Appraisal Report means the initial appraisal report delivered in respect of the Collateral in accordance with Section 4.01(k).

Initial Appraisal Report means, collectively, that certain appraisal report, dated as of November 6, 2012, on (13) Inland Drilling Barge Rigs Owned by Xxxxxx USA Drilling Company and that certain appraisal report, dated as of November 6, 2012, on Quail Tools LLC.

Initial Appraisal Report means the valuation reports, dated July 31, 2023, and August 8, 2023, by mba Aviation.

Initial Appraisal Report means the Valuation Report, dated March 16, 2018, by Morten Beyer & Agnew.