Certified Value definition

Certified Value of any item of Eligible Equipment or item of Eligible Inventory: the current market value of such item certified by the Borrower based on its good faith and best knowledge assessment of such item based on (i) in respect of non-traded Eligible Equipment and Eligible Inventory, the most recent Appraisal Value, and the Borrower’s assessment of any changes in valuation based on asset purchases, sales and trading activity during the quarterly reporting period (ii) in respect of newly acquired Eligible Equipment and Eligible Inventory, the most recent Appraisal Value in respect of comparable equipment and the prices paid by it during such period in respect thereof and (iii) such other factors as the Borrower may reasonably consider to be relevant.
Sample 1Sample 2Sample 3
Certified Value means, with respect to any Pledged Account, the computed value of such Pledged Account as set forth in the most recent Officer’s Certificate delivered by the Borrower pursuant to Section 5.01(f) with respect to such Pledged Account.
Sample 1Sample 2Sample 3
Certified Value means the market value certified by the district valuer or by a suitably qualified valuer employed by the local authority;
Sample 1Sample 2Sample 3

Examples of Certified Value in a sentence

  • Mr. Elliott is a licensed real estate broker, certified property manager, Vice President of the Institute of Real Estate Management, a Certified Value Engineer and a member of the American Society of Civil Engineers and the Building Owners and Managers Association.

  • The costs incurred in establishing the Certified Value of the NSMH Shares referred to in Clauses 15.2.1 and 15.2.2 shall be borne by the Defaulter.

  • The offer to sell the NSMH Shares referred to in Clause 15.2.2 shall remain open for acceptance for a period of 14 (Fourteen) days from the date on which the Certified Value is certified.

  • The sale and purchase of the NSMH Shares referred to in Clauses 15.2.1 and 15.2.2 (the offer wherefore shall have been accepted in the case described in Clause 15.2.2) shall be completed (in respect of Clause 15.2.2, subject to the grant of MDTCA’s Approval or, if applicable, the nomination of a 3rd Party Purchaser) at NSMH's registered office within a period of 21 (Twenty One) days from the date on which the Certified Value is certified or the grant of the MTDCA’s Approval whichever shall be the later.

  • In the event of a dispute relating to the Certified Value Per Membership Interest, such dispute shall be resolved in accordance with the procedures set forth in Section 14.7.

  • In addition, on such additional dates as the Borrower may reasonably request from time to time, the Administrative Agent shall cooperate with the Borrower to cause the Field Auditor to provide a Field Audit to the Administrative Agent that establishes the Certified Value of the Pledged Accounts.

  • Artists and Tradesmen REFER SPECIAL CONDITIONS OF CONTRACT FOR AMENDMENT 27 30 Certificates and Payments Certificates and Payments (3) The Employer may retain the precentage of the total value of the work, materials and goods referred to in sub-clause (2) and (2)(A) of this Condition which is named in the appendix to these Conditions as Percentage of Certified Value Retained.

  • The costs incurred in establishing the Certified Value of the JVC Shares referred to in Clauses 11.2.1 and 11.2.2 shall be borne by the Defaulter.

  • Percentage of Certified Value 30(3) *** Retained.* Limit of Retention Fund.** 30(3) *** Period of Final Measurement 30(5) Six months.

  • The offer to sell the JVC Shares referred to in Clause 11.2.2 shall remain open for acceptance for a period of 45 (Forty Five) days from the date on which the Certified Value is certified.


More Definitions of Certified Value

Certified Value the value of a NSMH Share, as valued/calculated and certified by the Valuers (acting as experts and not as arbitrators) using a multiple of 5 (Five) times of NSMY’s net earnings per share (determined in accordance with Generally Accepted Accounting Principles) for the preceding 12 (Twelve) months
Sample 1
Certified Value in relation to a JVC Share, the value thereof as valued and certified by the Valuers (acting as experts and not as arbitrators):-
Sample 1

Related to Certified Value

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • SPS AER Value means the Underlying Reference Value.

  • Certified seed means seed produced from plants grown directly from FOUNDATION SEED or REGISTERED SEED, cultivated according to certification regulations and that meets the specifications of the official seed certifying agency of the jurisdiction in which the seed is/was produced.

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Certified scale weigh ticket means a weigh ticket that has been issued by a

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile;

  • Approved Valuer means a firm of valuers recognized as such by the Income Tax Department and having experience of valuing at least 5 (five) properties exceeding Rs. 100 cr. (Rupees one hundred crore) each in value;

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Adjusted Value as used in subdivision (d) means:

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Assessed value means 1 of the following:

  • Half-value layer (HVL) means the thickness of specified material which attenuates the beam of radiation to an extent such that the AKR is reduced by one-half of its original value. In this definition, the contribution of all scattered radiation, other than any which might be present initially in the beam concerned, is deemed to be excluded.

  • Certified nurse midwife means an advanced practice registered nurse who is certified in the

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Gross Fair Market Value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets.

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Approved Amount means the amount that the dentist has agreed to accept as full payment for treatment.

  • Equalized assessed value means the assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with sections 1, 5, and 6 of P.L.1973, c.123 (C.54:1-35a through C.54:1-35c).

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value:

  • Certified mills means the lesser of 18 mills or the number of mills of school operating taxes levied by the district in 1993-94.