Valuation Agent definition
Valuation Agent means Party A in all circumstances.
Valuation Agent means Party A.
Valuation Agent has the meaning specified in Paragraph 11(c)(i).
Examples of Valuation Agent in a sentence
Notwithstanding the foregoing, the Borrower may, at any time, at Borrower’s expense, retain the Initial Valuation Agent to undertake a valuation report (the “Valuation Report”) with respect to any Borrowing Base Eligible Asset, which in the case of a Mortgage Asset, shall mean the value of the underlying mortgaged property set forth in an updated appraisal provided by the Initial Valuation Agent (the Assigned Value in such Valuation Report, the “Initial Valuation”).
More Definitions of Valuation Agent
Valuation Agent has the meaning specified in Paragraph 13.
Valuation Agent means Party A in all instances.
Valuation Agent means Party A; provided, however, that if an Event of Default shall have occurred with respect to which Party A is the Defaulting Party, Party B shall have the right to designate as Valuation Agent an independent party, reasonably acceptable to Party A, the cost for which shall be borne by Party A. All calculations by the Valuation Agent must be made in accordance with standard market practice, including, in the event of a dispute as to the Value of any Eligible Credit Support or Posted Credit Support, by making reference to quotations received by the Valuation Agent from one or more Pricing Sources.
Valuation Agent means Party A. Calculations by Party A will be made by reference to commonly accepted market sources.
Valuation Agent means for purposes of Paragraphs 3 and 5, the party making the demand under Paragraph 3, and, for purposes of Paragraph 6(d), the Secured Party receiving or deemed to receive the Distributions or the Interest Amount, as applicable.
Valuation Agent means the company appointed from time to time by Purpose to calculate the NAV, NAV per share and NAV per unit, initially, CIBC Mellon Global Securities Services Company.
Valuation Agent means Banco Bilbao Vizcaya Argentaria, S.A. in all circumstances.