interim valuation definition
interim valuation means a valuation made under section 23;
interim valuation means a desktop update valuation of each Property prepared and issued by an independent and reputable appraiser in accordance with the valuation methods generally applied by Swedish property evaluators specifying the value of each Property.
interim valuation. With respect to an Interim Valuation, the role of the Independent Valuation Firm shall include a review and confirmation of each of the following items relating to the Interim Valuation: • the reasonableness of the valuation process and methodology and conformity with real estate industry standards and practices relating to valuations; • the reasonableness of the assumptions and data used in connection with the valuation of each real estate investment, including but not limited to rental rates, tenant improvements and concessions, lease renewal and option exercise probabilities, revenue and expense growth rates, going-in and residual capitalization rates, discount rates, and other assumptions and data deemed material to the valuation; and • the reasonableness of the final real estate investment valuation assigned by the Company’s Board of Directors.
More Definitions of interim valuation
interim valuation has the meaning given to such term in paragraph (b) of Clause 5 (Valuation).