Station Appraisal definition

Station Appraisal means a written appraisal (substantially on the basis set forth in the “Fair Market Valuation of Xxxxxx Communications Corporation’s owned or operated television stations as of December 1, 2005” prepared by BIA Financial Network, Inc.) of the Fair Market Value of Owned Television Stations as of a recent date (which in any event shall be no more than 90 days prior to the date of delivery thereof) conducted by an Independent Appraiser.
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Station Appraisal means an appraisal (in form and substance reasonably acceptable to the Administrative Agent) of the fair market value of an Owned Television Station (if sold individually) conducted by an independent third party appraiser reasonably acceptable to the Administrative Agent, as updated from time to time pursuant to SECTION 6.4.
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Examples of Station Appraisal in a sentence

  • If an Event of Default shall have occurred and be continuing, upon request of any Holder, the Trustee shall furnish to such Holder the most recent Station Appraisal received by it pursuant to this Section 4.20; provided that such Holder shall have agreed in writing in form and substance reasonably satisfactory to the Company that such Holder shall maintain the confidentiality of such Station Appraisal except in compliance with clause (b) below.

  • Except as set forth in the next sentence, each Station Appraisal shall be treated as confidential by the Trustee and may not, without the Company’s prior written consent, be made available to any third party, including any Holder of Notes except in compliance with clause (b) below.

  • The Company shall deliver to the Trustee no later than December 31, 2004 and thereafter no later than the date that is 12 months after the date on which the previous Station Appraisal was delivered to the Trustee, a Station Appraisal, dated as of a date not more than five Business Days prior to the date of such delivery.

  • The Administrative Agent shall have received a Station Appraisal, dated December 2001, in respect of all Stations owned by the Loan Parties.

  • Except as set forth in the next sentence, each Station Appraisal shall be treated as confidential by the Administrative Agent and may not, without the Borrower’s prior written consent, be made available to any third party, including any Lender except in compliance with clause (b) below.

  • Except as set forth in the next sentence, each Station Appraisal shall be treated as confidential by the Trustee and may not, without the Company's prior written consent, be made available to any third party, including any Holder of Notes.

  • If an Event of Default shall have occurred and be continuing, upon request of any Lender, the Administrative Agent shall furnish to such Lender the most recent Station Appraisal received by it pursuant to this Section 6.17; provided that such Lender shall have agreed in writing in form and substance reasonably satisfactory to the Borrower that such Lender shall maintain the confidentiality of such Station Appraisal except in compliance with clause (b) below.

  • If an Event of Default shall have occurred and be continuing, upon request of any Holder, the Trustee shall furnish to such Holder the most recent Station Appraisal received by it pursuant to this Section 4.20; provided that such Holder shall have agreed in writing in form and substance reasonably satisfactory to the Company that such Holder shall maintain the confidentiality of such Station Appraisal except as required by law or compulsory judicial process.

Related to Station Appraisal

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Required Appraisal shall have the meaning provided in Section 8.11(g).

  • Acceptable Appraisal means, with respect to an appraisal of Inventory, the most recent appraisal of such property received by Agent (a) from an appraisal company satisfactory to Agent, (b) the scope and methodology (including, to the extent relevant, any sampling procedure employed by such appraisal company) of which are satisfactory to Agent, and (c) the results of which are satisfactory to Agent, in each case, in Agent’s Permitted Discretion.

  • Conversion Valuation Appraisal Report Page: 4 ================================================================================

  • Required Appraisal Loan As defined in Section 3.19(a).

  • Current Appraisal With respect to any Mortgage Loan as to which the Purchaser has made an Election to Delay Foreclosure, an appraisal of the related Mortgaged Property obtained by the Purchaser at its own expense from an independent appraiser (which shall not be an affiliate of the Purchaser) acceptable to the Company as nearly contemporaneously as practicable to the time of the Purchaser's election, prepared based on the Company's customary requirements for such appraisals. Election to Delay Foreclosure: Any election by the Purchaser to delay the Commencement of Foreclosure, made in accordance with Section 2.02(b).

  • Control Appraisal Period shall exist with respect to the Mortgage Loan, if and for so long as:

  • 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.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • CREFC® Appraisal Reduction Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Appraisal Reduction Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Appraisal Well means a Well drilled pursuant to an Appraisal Programme.

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

  • Approved Appraiser means any of the following: Xxxxx Xxxxxxxx Xxxxxx, Xxxxx, H Xxxxxxxx & Co. Ltd., London, X.X. Xxxxxx Shipbrokers, Norway, or Fearnley AS, Norway.

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

  • Impact Assessment has the meaning given to it in Clause 22.1.3 (Variation Procedure);

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • MAI Appraiser With respect to any real property, a member of the American Institute of Real Estate Appraisers with a minimum of 5 years of experience appraising real property of a type similar to the real property being appraised and located in the same geographical area as the real property being appraised.

  • 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.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.