Net Appraised Value definition

Net Appraised Value means the Appraised Value of the Company's assets at the Termination Date, less amounts of all indebtedness secured by the Real Estate Assets.
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Net Appraised Value means the fair market value of the Third Party Dealer Assets as determined by the Company's appraiser, Willamette Management Associates, and advised to the Company in writing less book liabilities of the Third Party Dealer Assets.
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Net Appraised Value means the independently appraised value of the Mortgage Servicing Portfolio, minus the capitalized cost of acquisition (or capitalized value under generally accepted accounting principles, whichever is reflected on the Bank’s financial statements) of such Portfolio.
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Examples of Net Appraised Value in a sentence

  • The Company shall have received the opinion of Willamette Management Associates as to the Net Appraised Value of the Third Party Dealer Assets, the fair market value of the Rights, and the fair market value of the Cygnet Preferred Stock and such opinion shall be in full force and effect.

  • All persons providing services to CWA shall be employees or independent contractors under the supervision of Advisors, and shall not be employees of CWA with respect to such services.

  • The Net Appraised Value shall be determined based on an interim appraisal as of June 30, 1998, which shall be updated to the Closing Date as soon as practicable thereafter.

  • As soon as practicable following the Closing Date, the parties shall finalize the calculation of the Net Appraised Value and the Net Book Value and of the consideration payable pursuant to this Article Four.

  • Upon exercise by Parent of the right to acquire the Exchanging Stockholders' Securities pursuant to this Section 9.2, the amount of cash to be paid by HoT at the Exit Exchange Closing pursuant to Sections 9.1 and 9.3 shall be deemed to be reduced by an amount equal to the Exchange Percentage of the Net Appraised Value.

  • At the Exit Exchange Closing, HoT shall deliver to each Exchanging Stockholder the cash calculated pursuant to Section 9.1 and Parent shall deliver to each Exchanging Stockholder the number of shares of Parent Common Stock to be delivered to such Exchanging Stockholder as determined pursuant to Section 9.2, which, in the aggregate, shall be equal to the aggregate Net Appraised Value of all Exchanging Stockholders' Securities subject to the Exit Notice.

  • Any amount due by the Borrower and/or the Guarantor hereunder or under the Note not paid when due (whether by maturity, demand, acceleration or otherwise) shall bear interest from the due date to the date it is paid in full at the sum of (a) the Interest Rate plus (b) 3.0000% (Three percent), on the basis of a year of 360 days for the actual number of days elapsed from and including the due date to and excluding the date of payment, payable on demand.

  • The Net Appraised Value of the Iowa City Assets shall have been determined as provided for in Section 2.4(a) hereof.


More Definitions of Net Appraised Value

Net Appraised Value means the appraised value of any real property multiplied by a factor of 0.92, which amount is intended to reflect the value of the real property less the estimated Disposition and Servicing Costs thereof.
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Net Appraised Value means the independently appraised value of the Mortgage Servicing Portfolio, minus the capitalized cost of acquisition (or capitalized value under generally accepted accounting principles, whichever is reflected on the Bank's financial statements) of such Portfolio; provided, however, that for the calculation of the Change in Portfolio Value for the year in which Leddy's employment by the Bank terminates (and for that year only) ▇▇▇▇▇ shall be an additional deduction of an amount determined by multiplying the total principal amount of the Mortgage Servicing Portfolio, as of the date of such termination, by the percentage rate that results from dividing (i) the aggregate direct expenses, including commission, paid in connection with all the sales of portions of the Mortgage Servicing Portfolio during Leddy's period of employment, by (ii) the aggregate amount of such s▇▇▇▇.
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Net Appraised Value means, with respect to any Exchanging Stockholder, the difference of (a) the Appraised Value (as calculated within 30 days of the date of the applicable Exit Exchange Closing) of all Securities of such Exchanging Stockholder that are subject to the Exit Notice, and (b) the amount that such Exchanging Stockholder owes to the Company or HoT as of the Exit Exchange Closing.
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Net Appraised Value means the independently appraised value of the Mortgage Servicing Portfolio, minus the capitalized cost of acquisition (or capitalized value under generally accepted accounting principles, whichever is reflected on the Bank's financial statements) of such Portfolio; provided, however, that for the calculation of the Change in Portfolio Value for the year in which Executive's employment by the Bank terminates (and for that year only) there shall be an additional deduction of an amount determined by multiplying the total principal amount of the Mortgage Servicing Portfolio, as of the date of such termination, by the percentage rate that results from dividing (i) the aggregate direct expenses, including commission, paid in connection with all the sales of portions of the Mortgage Servicing Portfolio during Executive's period of employment, by (ii) the aggregate amount of such sales. Executive will be entitled to receive an advance draw against his Compensation for each year, in an amount determined periodically by Executive and the Executive Committee of the Board of Directors of the Bank that is consistent with Executive's projected Compensation for such year, based on the projected Value Added of the CMD. Executive's final Compensation for each year will be calculated on the basis of the actual Value Added of the CMD for that year and, to the extent that it differs from the amount of advance draw paid to Executive for such year, will result in either a Compensation Bonus or a Compensation Shortfall for such year. Any Compensation Bonus will be paid to Executive within 60 days after completion of the audit of the Bank's financial statements for such year (except to the extent that payment thereof has been deferred by Executive pursuant to a plan of deferred compensation approved by both Executive and the Bank). Any Compensation Shortfall will be repaid to the Bank by a reduction in the amount of Compensation (and advance draw) paid to Executive for the subsequent year. Any Compensation Shortfall existing at the termination of the Employment Period shall be an obligation of Executive or his personal representative to the Bank, payable within 90 days after such termination. Exhibit B hereto illustrates the calculation of Executive's Compensation.
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Net Appraised Value means, with respect to each City Property, the Appraised Value of such City Property, minus: (i) the costs incurred by AYDC in connection with the appraisals conducted with respect to such City Property pursuant to this Section 3, but not including cost of the First Appraisal which shall be deemed to be a General Acquisition Cost (as defined herein below); and (ii) with respect to the FDNY Parcel only, the Moving Costs incurred by the AYDC (or any Affiliate thereof) in relocating the equipment cleaning and storage facility heretofore operated the Fire Department of New York thereon.
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Related to Net Appraised Value

  • 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.

  • Property Value means the fair market value of the real property, as remediated, less

  • Approved Valuer means, in relation to a Ship, at any time during the Security Period, any of the firms listed in Schedule 8 (List of Approved Valuers) or any other firm or firms of shipbrokers approved in writing by the Facility Agent acting with the authorisation of the Majority Lenders.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.