Total Appraised Value definition

Total Appraised Value as of any date of determination, the Appraised Value as of such date of all Pool Assets other than the Removed Pool Assets.
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Total Appraised Value. As of any date of determination, the aggregate of the Appraised Values of the Properties as of the Cut-off Date, reduced by the Appraised Value of any Properties released from the lien of its Indenture and increased by the Appraised Value of any Substitute Properties.
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Total Appraised Value means the aggregate amount of all Single Property Appraised Values.
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Examples of Total Appraised Value in a sentence

  • Permit the Total Appraised Value Ratio to be less than 1.50 to 1.00 at any time.

  • The Administrative Agent shall have received a compliance certificate of the Borrower certifying that, as of the Second Amendment and Restatement Closing Date, after giving effect to the extensions of credit on the Second Amendment and Restatement Closing Date, the Borrower is in compliance with the financial covenants set forth in Section 7.1 and the Total Appraised Value Ratio is not less than 200%.

  • If the Purchase Price exceeds the Total Appraised Value by more than 5% of the Purchase Price, and Seller does not agree to reduce the Purchase Price to the Total Appraised Value, then Buyer may, upon written notice to Seller at least ten business days before the then-scheduled Closing Date, elect to (i) close the transaction as contemplated with a 5% reduction of the Purchase Price or (ii) terminate this Agreement.

  • The Opening Timber Appraisal, as so adjusted by harvest through September 30, 1998 (with the applicable value of such harvest being derived from the average price per block determined by MBG in the Opening Timber Appraisal), shall demonstrate a minimum initial "Merchantable Timber Value" of at least $410,000,000 and "Total Appraised Value" of at least $470,000,000.

  • MINIMUM BID AND ESTIMATED LOG VOLUMES: Agreement # Sort # Species and Sort Specifications Estimated Volume Appraised Value Total Appraised Value Bid Deposit PAYMENT SECURITY: To be determined by the State as described in Clause P-045.2 of the Purchaser’s Contract.

Related to Total 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

  • Consolidated Total Asset Value means, at a given time, the sum (without duplication) of all of the following of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP applied on a consistent basis: (a) Unrestricted Cash; plus (b) the quotient of (i) the Net Operating Income for each Property owned, or leased as lessee under a ground lease, by the Borrower or any Subsidiary (including any 1031 Property but excluding a Property the value of which is included in the determination of Consolidated Total Asset Value under any of the immediately following clauses (c) or (e)), for the fiscal quarter most recently ended multiplied by 4, divided by (ii) the applicable Capitalization Rate; plus (c) the acquisition cost of Properties (including any 1031 Property) acquired during the period of six fiscal quarters most recently ended; provided that the Borrower may irrevocably elect that the value of a recently acquired Property not yet owned for six quarters be determined in accordance with the preceding clause (b); plus (d) all Construction-in-Process for all Development Properties; plus (e) the aggregate Major Redevelopment Property Values of all Major Redevelopment Properties; plus (f) the GAAP book value of Unimproved Land; plus (g) the contractual purchase price of Properties of the Borrower and its Subsidiaries subject to purchase obligations, repurchase obligations, forward commitments and unfunded obligations but only to the extent such amounts are included in determinations of Consolidated Total Indebtedness; plus (h) Marketable Securities, valued at the lower of cost or Fair Market Value (to the extent that the Fair Market Value of such Marketable Securities is reasonably capable of being verified or is otherwise acceptable to the Administrative Agent); plus (i) the aggregate book value of Mortgage Receivables. The Borrower’s Ownership Share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a) and (h)) will be included in the calculation of Consolidated Total Asset Value consistent with the above described treatment for wholly owned assets. Properties disposed of during the fiscal quarter most recently ended shall not be included in the calculation of Consolidated Total Asset Value. Other Commercial Properties may only contribute to Consolidated Total Asset Value to the extent applicable under clause (c) above. In addition, to the extent (A) the amount of Consolidated Total Asset Value attributable to assets held by Unconsolidated Affiliates would exceed 20.0% of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value and (B) the amount of Consolidated Total Asset Value attributable to Marketable Securities, Development Properties, Major Redevelopment Properties, Unimproved Land and Mortgage Receivables would exceed 30.0% of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value.

  • 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.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile