LTV Appraisal definition

LTV Appraisal means a current fair market value appraisal (which may be a "desk-top" appraisal) performed by any Appraiser or any other nationally recognized appraiser on the basis of an arm's-length transaction between an informed and willing purchaser under no compulsion to buy and an informed and willing seller under no compulsion to sell and both having knowledge of all relevant facts.
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LTV Appraisal means a current fair market appraisal (which may be a "desktop" appraisal) performed by any Appraiser or any other nationally recognized appraiser on the basis of an arm's-length transaction between an informed and willing purchaser under no compulsion to buy and an informed and willing seller under no compulsion to sell and both having knowledge of all relevant facts.
Sample 1Sample 2Sample 3
LTV Appraisal means a current fair market value appraisal (which may be a "desk-top" appraisal) performed by any Appraiser or any other nationally recognized appraiser on the basis of an
Sample 1Sample 2Sample 3

More Definitions of LTV Appraisal

LTV Appraisal shall have the meaning set forth in Section 10.24(b).
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LTV Appraisal. On the date which is the later of (i) ninety (90) days following the Release Date, or (ii) five (5) Business Days following Administrative Agent’s and Required Lender’s approval of an LTV Appraisal (the “Approved LTV Appraisal”) and written notification to Borrower of the LTV Ratio based on the Approved LTV Appraisal of the Mortgaged Property (taking into account the Cactus Assemblage Release and a $40,000,000.00 deemed reduction in the outstanding principal amount of the Loan as a result of Borrower’s delivery of any of the items set forth in Section 10.24(a)(5)(i)(B), (ii) or (iii) above) (the “Approved LTV Ratio”), either:
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Related to LTV Appraisal

  • Appraisal shall have the meaning assigned to such term in the Servicing Agreement.

  • 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.

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • 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.

  • FIRREA The Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

  • 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.

  • 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.

  • Appraisal District means the Xxxxxx County Appraisal District.

  • Independent Engineer means XxXxxxxx and XxxXxxxxxxx or any other third party engineering firm acceptable to the Administrative Agent in its sole discretion.

  • PPRA wherever appearing means The Public Procurement Regulatory Authority or its successor(s) and assign(s) where the context so admits.

  • Appraisal Subcommittee means the Appraisal Subcommittee of the Federal Financial Institutions Examination Council.