Valuation Standard definition

Valuation Standard means a standard that will be satisfied if an Approved Valuation Firm uses one or a combination of credit-based methodologies that are generally acceptable in the market as commercially reasonable practices to derive a fair assessment of the current market value of an Eligible Collateral Obligation; provided that such assessment shall take into consideration, but not be limited to, the following:

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Valuation Standard means one or a combination of customary and usual valuation methodologies generally accepted in the pricing and valuation market to derive a fair assessment of the current “fair value” as specified below of a Collateral Obligation and without regard to any compensation received from, or agency relationship with, any Person; provided that such fair value shall be based on the most recent financial reporting and/or any other customary financial and other information with respect to such Collateral Obligation including, without limitation, the following: (i) the financial performance of the Obligor of such Collateral Obligation; (ii) a fundamental analysis which may be based on discounted cash flow and a multiples-based approach based on comparable companies in the relevant sector or another generally accepted methodology for valuing companies in the relevant sector; and (iii) the current market environment (e.g., quoted trading levels on the Collateral Obligation (if available) and the relative trading levels and yields for debt instruments of comparable companies). For purposes of this definition, “fair value” is defined as the price that would be received when selling a Collateral Obligation in an orderly transaction between market participants on the date of measuring such a value.

Valuation Standard means one or a combination of customary and usual valuation methodologies generally accepted in the pricing and valuation market to derive a fair assessment of the current “fair value” as specified below of a Collateral Loan and without regard to any compensation received from, or agency relationship with, any Person; provided that, such fair value shall be based on the most recent financial reporting and/or any other customary financial and other information with respect to such Collateral Loan including, without limitation, the following: (a) the financial performance of the Obligor of such Collateral Loan; (b) a fundamental analysis which may be based on discounted cash flow and a multiples-based approach based on comparable companies in the relevant sector or another generally accepted methodology for valuing companies in the relevant sector; and (c) the current market environment (e.g., quoted trading levels on the Collateral Loan (if available) and the relative trading levels and yields for debt instruments of comparable companies). For purposes of this definition, “fair value” is defined as the price that would be received when selling a Collateral Loan in an orderly transaction between market participants on the date of measuring such a value.

Examples of Valuation Standard in a sentence

ALL SUCH OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2.] SCHEDULE D [LOGO OF THE CANADIAN INSTITUTE OF CHARTERED BUSINESS VALUATORS] -------------------------------------------------------------------------------- March 18, 1994 Subject: Valuation Standard - "Appendix A" to Standard #91-1 Enclosed for your review and comment is a prepared Valuation Standard.
If the Facility Agent disputes the Discount Factor determined by the Borrower’s Approved Valuation Firm in good faith based on its reasonable judgment, the Facility Agent may at the expense of the Borrower elect to retain a different Approved Valuation Firm to determine the Discount Factor in accordance with the Valuation Standard.
The Borrower shall, or shall cause the Portfolio Manager to, cause an Approved Valuation Firm to derive in accordance with the Valuation Standard a fair assessment of the current market value of at least 25% of the Eligible Loan Assets in the Collateral each fiscal quarter (each such periodic valuation, a "Regularly Scheduled Valuation"); provided that each Eligible Loan Asset shall be subject to such a Regularly Scheduled Valuation at least once during each period of four consecutive calendar quarters.
The Borrower shall, or shall cause the Servicer to, cause an Approved Valuation Firm to derive in accordance with the Valuation Standard a fair assessment of the current market value of all of the Eligible Loan Assets in the Collateral each calendar quarter (each such periodic valuation, a “Regularly Scheduled Valuation”).
The Consideration was determined after arm’s length negotiations between the Purchaser and each of the Existing Shareholders with reference to, among others, (i) the appraised fair value of the Target Company as at 31 December 2020 of approximately RMB408 million, based on the valuation report prepared by an independent valuer under the market approach in accordance with the International Valuation Standard; and (ii) the financial condition and the future prospects of the Target Company.

More Definitions of Valuation Standard

Valuation Standard means a standard that will be satisfied if an Approved Valuation Firm uses one or a combination of credit- based methodologies that are generally acceptable in the market as commercially reasonable practices to derive a fair assessment of the current market value of an Eligible Loan Asset; provided that such assessment shall take into consideration, but not be limited to, the following: