Valuation Documents definition
Examples of Valuation Documents in a sentence
If the parties timely deliver their Valuation Documents (or if the Delaying Party delivers its Valuation Documents together with the Late Fee within the 10-business day period set out above) and their Qualified Appraisers reach agreement on the Land Value within 75 days after the Initiating Notice is received by the applicable party, the Reset Rent shall be determined with reference to the agreed Land Value.
In addition, an electronic copy of the signed Valuation Documents shall be provided in portable document format (PDF).
Requested revisions to Valuation Documents will be completed in a timely manner.
The CONSULTANT agrees to update Valuation Documents at the request of INDOT, and if necessary, will arrange for its appraisers to testify on behalf of INDOT on any parcels should he/she be required to do so by INDOT.
If Tenant validly exercises an Extension Option and, as of the commencement of the applicable Extension Term, there is a dispute as to the amount of the Base Rent payable by Tenant as of the commencement of the Extension Term and such dispute has not been resolved in accordance with the terms of this Lease, Tenant shall pay the Base Rent proposed by Landlord in its Valuation Documents from the commencement of such Extension Term until such dispute is resolved.
After completing a portion of the work, Party B shall notify Party A, who will inspect all relevant valuation documents (including material entry records, photos of materials, construction progress reports, and construction ratios, collectively referred to as "Valuation Documents") and conduct on-site inspections.
Section 28.04 If Tenant validly exercises an Extension Option and, as of the commencement of the applicable Extension Term, there is a dispute as to the amount of the Base Rent payable by Tenant as of the commencement of the Extension Term and such dispute has not been resolved in accordance with the terms of this Lease, Tenant shall pay the Base Rent proposed by Landlord in its Valuation Documents from the commencement of such Extension Term until such dispute is resolved.
If CONSULTANT determines during the course of the assignment that an appraisal report is required due to the acquisition being considered a complicated acquisition pursuant to the RED Manual or other INDOT policies, CONSULTANT should notify INDOT as soon as possible so that INDOT can decide whether to assign an appraiser or another provider of waiver valuations to complete the Valuation Documents.
The CONSULTANT shall treat all Valuation Documents as confidential, except where exceptions apply as detailed in the RED Manual, and the CONSULTANT will ensure that light green paper is used for any copies of Valuation Reports provided to a property owner.
The Arbitrator shall determine the Land Value by selecting either the Landlord’s or the Tenant’s determination of the Land Value as set out in the Valuation Documents.