VALUATION MODEL definition

VALUATION MODEL means a proprietary cash flow valuation model in computer spread sheet form to be used by Lender in calculating the Present Value of the Collateral and making related calculations on each Calculation Date.

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VALUATION MODEL means a computer program utilized by Lender to establish the fair market value of the Pledged ABS from each Committed Securitization, based upon the applicable Pricing Assumptions and Expected Loss Curve. Lender and Borrower acknowledge that Lender delivered a sample of such a computer program to Borrower prior to the date of this Agreement; provided that Lender and Borrower further acknowledge that such delivery of such sample shall in no way constrain or otherwise affect Lender's right to modify any such computer program in Lender's reasonable discretion in accordance with the terms of this Agreement.

VALUATION MODEL means, a proprietary cash flow valuation model in computer spread sheet form to be used by Lender in calculating the Present Value of the Collateral and making related calculations on each Calculation Date, consistent with the valuation model used by Lender to determine the increase in the amount of the Loans (as such term is defined in the 98-1 Agreement and the 98-2 Agreement, as applicable) under the 98-1 Agreement and the 98-2 Agreement and the reduction of Loans hereunder and the Loans (as such term is defined in the 97-2 Agreement) under the 97-2 Agreement and the transactions contemplated hereby.

Examples of VALUATION MODEL in a sentence

• Beyond our duties spelled out in the agreement to maintain the FEDERAL LAND VALUATION MODEL for the next five years, we believe we can add significant value to your efforts to educate, negotiate, legislate, and to provide critical litigation support, should that become necessary, in order to secure the promises made to Utah’s children and communities.

• The XXXX Software will be distributed using normally accepted processes that currently serve XXXX’s commercial customers.

• To optimize the utility of this FEDERAL LAND VALUATION MODEL, including the intricacies associated with the sheer volume of data, it will likely require additional data enhancements, digitization, and automation for underserved data communities in Utah.

• Beyond the five-year FEDERAL LAND VALUATION MODEL maintenance specified under the agreement, we are uniquely qualified with the technical expertise and local, regional, and national coalition-building experience to help the Commission and the Legislature shepherd this vital initiative to fruition.

• The Land Owner and Land Owner Type Overlays, combined with the other overlays, features, and proforma capabilities of the FEDERAL LAND VALUATION MODEL, enable the Commission to not only identify the location of federal parcels in a timely manner, but also to analyze the unique soils, flood, topography, resource characteristics, and valuation of these federal lands.

• With the FEDERAL LAND VALUATION MODEL, the otherwise unfocused conversations about 32 million amorphous acres of federally controlled public land, gives way to much more deliberate and data driven discussions about the unique characteristics and specific valuation of distinct and identifiable parcels.

• This will help the Commission have access to regularly updated data as we maintain the FEDERAL LAND VALUATION MODEL over the maintenance period.

More Definitions of VALUATION MODEL

VALUATION MODEL is hereby added to Section 1 of the 97-1 Agreement in the appropriate alphabetical order:

VALUATION MODEL means the model, dated as of October 2007 prepared by Merhav and Galileo and attached hereto as Exhibit B, as reasonably updated with respect to project costs, financing costs and other similar changes by Merhav and Galileo, as such updates are approved by ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇ as being consistent with the methodology and assumptions set forth in the original model attached hereto as Exhibit B.

VALUATION MODEL means the representation of the relationship between property characteristics and their value in the real estate marketplace using a mass appraisal process;