Valuation Requirements definition

Valuation Requirements shall have the meaning set forth in the Pricing Side Letter.
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Valuation Requirements means with respect to each Property, (i) on or prior to the Property Eligibility Date for such Property, a BPO dated not more than ninety (90) days prior to such Property Eligibility Date, (ii) at all times while such Property is an Eligible Property, a BPO that is less than one (1) year old and (iii) compliance with Section 7.34.
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Valuation Requirements means with respect to each REO Property, Borrower’s obligation to deliver to Lender, (i) on or prior to the Funding Date for such REO Property, a BPO obtained by Borrower not more than ninety (90) days prior to such Funding Date, and (ii) at all times after the Funding Date while such REO Property is owned by an Eligible REO Entity and subject to Advances hereunder, periodically updated BPOs so that at all times Lender is in possession of a BPO that is less than one (1) year old. Lender shall have the right, at any time, to obtain and rely on a BPO on any Contributed REO Property, at Lender’s cost, for the purpose of determining the value of such Contributed REO Property.
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Examples of Valuation Requirements in a sentence

  • In exceptional circumstances there may be in place risk management strategies aimed at eliminating or reducing one or more of the risks addressed by these Minimum Valuation Requirements.

  • The Red Book Valuation must be prepared in accordance with the Red Book and Schedule Three (Red Book Valuation Requirements).

  • In those circumstances a lender may apply to QBE LMI for exemption from one or more of these Minimum Valuation Requirements.

  • In that event, QBE LMI may, in its absolute discretion, grant to the lender exemption from one or more of these Minimum Valuation Requirements.

  • Granularity of the model Sources:Valuation of Life Insurance Liabilities, Ch. 1, Overview of Valuation Requirements ASOP #23 Data QualityILA-C102-07: Actuarial Review of Reserves and Other Annual Statement Liabilities” July 2010 Exposure Draft - Insurance Contracts, IASB, pages 19 to 84Commentary on Question:Commentary listed underneath question component.

  • Sources:LFV 102-09: Actuarial review of reserves and other annual statement liabilities Valuation of Life Insurance Liabilities, Ch. 1 Overview of Valuation Requirements Responsibilities of the Actuary for Communicating Sarbanes-Oxley Control Actuarial Aspects of SOX 404, Financial Reporter, Dec 2004Commentary on Question:Commentary listed underneath question component.

  • A recertification of value is not acceptable.AppraisalLoan Amount Appraisal Requirement≤ $1,500,000 One Full Appraisal> $1,500,000 Two Full Appraisals Additional Collateral Valuation Requirements (when a second appraisal is not obtained): Option 1: A Fannie Mae Collateral Underwriter (CU) appraisal review that meets the following:o 1-unit property only (this is a CU limitation)o CU Risk Score ≤ 2.5When the above requirements are met, an ARR or CDA in Option 2 below is not required.

  • Each application for lenders mortgage insurance submitted to QBE LMI will be taken to include a representation by the lender that each externally sourced valuation provided in support of the application complies with these Minimum Valuation Requirements.

  • If real property is supplied on or after 17 March 2005 and before 1 December 2005, the reader should also have regard to: · the legislative amendments contained in the Tax Laws Amendment (2005 Measures No. 2) Act 2005; and · A New Tax System (Goods and Services Tax) Margin Scheme Valuation Requirements Determination MSV 2005/1.

  • U.S. Tax Sources:Actuarial Standard of Practice No. 10 U.S. GAAP for Life Insurers, Second Edition• Chapter 4 Traditional Life Insurance• Chapter 6 Universal Life Insurance Valuation of Life Insurance Liabilities, Fourth Edition• Chapter 1 Overview of Valuation Requirements LFV-102-09: Actuarial Review of Reserves and Other Annual Statement Liabilities Commentary on Question:Commentary listed underneath question component.


More Definitions of Valuation Requirements

Valuation Requirements has the meaning specified in Section 2.03(d).
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Related to Valuation Requirements

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Qualification Requirements means the qualification requirements as set forth in Section-2, Clause 2.1 of RFQ;

  • Data Protection Requirements means all applicable (i) Data Protection Laws, (ii) Privacy Policies and (iii) those terms of any Contracts imposing obligations on the Company or its Subsidiaries with respect to the Company’s collection, use, storage, disclosure, or cross-border transfer of Personal Data.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Perfection Requirements means the making or procuring of filings, stampings, registrations, notarisations, endorsements, translations and/or notifications of any Finance Document (and/or any Security created under it) necessary for the validity, enforceability (as against the relevant Obligor or any relevant third party) and/or perfection of that Finance Document.

  • Bid Submission Requirement means a task a Prospective Contractor must complete when submitting a bid response. These requirements will be distinguished by using the term “shall” or “must” in the requirement.

  • Margin Requirement means the amount of money that you are required to deposit with us as consideration for entering into a Trade and maintaining an Open Position.

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Storage Injection Requirements means all volumes required by the Seller for injection into underground storage, including cushion gas, and for liquification, including fuel used for injection and in liquification plants, or for such other storage projects that may be developed expressly for the protection of supply to high priority users.

  • Reporting Requirements As defined in Section 11.15.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Medicaid Notification of Termination Requirements Any Contractor accessing payments for services under the Global Commitment to Health Waiver and Medicaid programs who terminates their practice will follow the Department of Vermont Health Access, Managed Care Organization enrollee notification requirements.

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Regulation RR means Regulation RR (Credit Risk Retention) promulgated by the Securities and Exchange Commission to implement the credit risk retention requirements of Section 15G of the Securities Exchange Act.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Program Requirements means certain minimum program entry requirements as well as ongoing program requirements, to be fulfilled by Partner, some of which are general PartnerEdge requirements, some of which are specific for the “Sell Engagement” and some of which are specific for the different “Cloud” Product Families, including, without limitation payment of the Program Fee(s), meeting certain minimum annual revenue requirements, upholding a Sell Authorization for at least one “Cloud” Product Family and other requirements as set out in detail in the PartnerEdge Program Guide and the RSPI.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource

  • Listings Requirements means the listings requirements of the JSE from time to time;