Revaluation definition

Revaluation means the occurrence of an event described in clause (v), (w), (x), (y) or (z) of Section 2 below in which the book basis of Property is adjusted to its Fair Value.
View Source
Revaluation has the meaning set out in Section 4.3(c);
View Source
Revaluation means the act of re-estimating the worth of real estate of the entire municipality using standard appraisal methods, calibration of the CAMA tables and models, establishment of a new base year with a USPAP compliant report, and providing for statistical testing whether by either:
View Source

Examples of Revaluation in a sentence

  • Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

  • Such Dollar Equivalent shall become effective as of such Revaluation Date and shall be the Dollar Equivalent of such amounts until the next Revaluation Date to occur.

  • If at any time, the aggregate principal Dollar Amount (determined as of the most recent Revaluation Date) of outstanding Revolving Loans plus LOC Obligations plus Competitive Loans shall exceed the Aggregate Revolving Committed Amount, the Borrower shall immediately (or, if such excess is solely due to a currency fluctuation, within two Business Days) make payment on the Loans and/or Cash Collateralize the LOC Obligations in an amount sufficient to eliminate the deficiency.


More Definitions of Revaluation

Revaluation means the mass appraisal of property to determine the true and actual value of all real property in a town for assessment purposes in accordance with section 12-62 of the Connecticut General Statutes;
View Source
Revaluation means a change in value of property based upon an exercise of appraisal judgment.
View Source
Revaluation. The adjustment to the Book Value of Company Property as provided in Article 4.9 of this Agreement.
View Source
Revaluation has the meaning set forth in Section 5.01(c).
View Source
Revaluation means any adjustment to the value of property of the Company in accordance with Treasury Regulation sections 1.704-1(b)(2)(iv)(f), (g), and (s).
View Source
Revaluation means the analysis of market data, including an analysis of previous sales and a consideration of shifts in market conditions, to update real property values en masse or at the individual level to market value; and
View Source
Revaluation means the occurrence of any event described in clause (x), (y) or z) of Section 3.3 of this Agreement in which the book basis of property of the Company is adjusted to its fair market value.
View Source