Examples of MAI Appraisal in a sentence
The second appraisal can be eliminated if a MAI Appraiser is used for the second appraisal, at which time the ASKING PRICE shall be the average between the first appraisal and the MAI Appraisal.
As of any date of determination, the aggregate value of all Entitled Land Under Development valued on the basis of an “as is”, MAI Appraisal covering at least seventy-five percent (75%) of the remaining Lot portfolio and at least seventy-five percent (75%) of the remaining commercial acreage (both as selected by Agent), with all other Entitled Land Under Development to be valued and included in the Borrowing Base at its book value.
Some of the key findings of the evaluation are as follows:• Market penetration of all four appliance types increased from 1998 to 2004 even though program costs decreased during the same time period.
During the existence and continuation of an Event of Default, if the most recent MAI Appraisal for any Portfolio Asset is older than one (1) year, then Borrower shall upon Administrative Agent’s request therefor promptly use its best efforts to obtain a current MAI Appraisal for such Portfolio Asset at Borrower’s sole cost and expense.
The current annual fair market value of an unencumbered lease may be used as match as demonstrated with a State Certified or MAI Appraisal.