Recognized Appraiser definition

Recognized Appraiser means a qualified and recognized professional -------------------- appraiser as may be selected or approved by the Lender, having at least five (5) years' prior experience in performing real estate appraisals in the geographic area where the property being appraised is located, having a recognized expertise in appraising properties operated as hotel or other lodging facilities.
View Source
Recognized Appraiser means a qualified and recognized professional appraiser as may be selected by Administrative Agent, having at least five years' prior experience in performing real estate appraisals in the geographic area where the property being appraised is located and having a recognized expertise in appraising properties of the same general type and character as the property which is being appraised.
View Source
Recognized Appraiser means an expert who appraises similar items in the course of his or her state employment or in private practice. It does not include the owner of the item.
View Source

Related to Recognized Appraiser

  • 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 Appraiser means any of the following: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, H ▇▇▇▇▇▇▇▇ & Co. Ltd., London, ▇.▇. ▇▇▇▇▇▇ Shipbrokers, Norway, or Fearnley AS, Norway.

  • Appraiser An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.

  • Third Appraiser has the meaning set forth in Section 6.04(b) hereof.

  • 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.