As Is Value definition

As Is Value means the value of the housing and related facilities as of the effective date of the appraisal. It relates to what physically exists and is legally permissible at the time of the appraisal and excludes all hypothetical conditions.
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As Is Value or "As Is Appraised Value" of a Lot or Unit means the value as determined by the most recent Appraisal pertaining to such Lot or Unit.
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As Is Value means, with respect to each Mortgage Loan, an amount equal to the lesser of (a) the Evaluation/Appraisal Value or the Broker Price Opinion Value, as applicable, of the related Mortgaged Property, which was conducted within six (6) months of the related Purchase Date, or (b) the purchase price of the related Mortgaged Property.
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Examples of As Is Value in a sentence

  • The plant utilizes a 6,000,000-gallon TES (Thermal Energy Storage) tank for chilled water.

  • Hypothetical conditions and extraordinary assumptions are not allowed for the As Is Value.

  • Hypothetical conditions and extraordinary assumptions are not typically allowed for the As Is Value.

  • Tiangong International Company Limited Annual Report 2018 89 3 Significant accounting policies (continued)(b) Associates and joint ventures (continued)Unrealised profits and losses resulting from transactions between the Group and its associates and joint ventures are eliminated to the extent of the Group’s interest in the investee, except where unrealised losses provide evidence of an impairment of the asset transferred, in which case they are recognised immediately in profit or loss.

  • Use the Market "As Is" Value from Step (1) above and the rehabilitation cost received from the cost analyst.


More Definitions of As Is Value

As Is Value or “As Is Appraised Value” of a Lot or Unit means the value as determined by the most recent Appraisal pertaining to such Lot or Unit. WB/Neighborhoods Second Modified and Restated Loan Agreement
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As Is Value or "As Is Appraised Value" of a Lot or Unit shall mean the value as determined by the most recent appraisal pertaining to such Lot or Unit, performed by an appraiser approved by the Lender and prepared in accordance with policies and procedures for real estate appraisals supporting extensions of credit by banking institutions subject to regulation by the Comptroller of the Currency, the Board of Governors of the Federal Reserve System or the Federal Deposit Insurance corporation.
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As Is Value means, with respect to each Mortgage Loan, an amount equal to the lesser of (a)the Evaluation/Appraisal Value of the related Mortgaged Property at origination or (b) if the related Mortgaged Property was purchased within twelve (12) months of the Origination Date of such Mortgage Loan, the purchase price of the related Mortgaged Property.
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As Is Value means, other than as set forth herein, the value set forth in the most recent Appraisal of a Collateral Pool Property.
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As Is Value means, with respect to any Mortgaged Property, the Appraised Value or BPO Value, as applicable, reflecting the current condition of such Mortgaged Property.
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As Is Value means, as to each Project, an amount equal to the "as-is" value of such Project, as established by Administrative Agent, as reasonably determined on the basis of the most current Appraisal therefor, which value may not necessarily be the same as that set forth in the Appraisal.
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As Is Value of a Real Estate Asset shall mean an amount equal to the Trizec Equity Percentage in the seller of such Real Estate Asset multiplied by an amount equal to (a) 93% of the “as-is” value of such Real Estate Asset, as determined by an Appraisal satisfactory to the Administrative Agent less (b) the principal amount of any Permitted Mortgage Indebtedness or Additional Property Indebtedness which is repaid in connection with the Asset Sale of such Real Estate Asset.
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