Example Definitions of "Appraisal"
Appraisal. An appraisal prepared by a member of a national appraisal organization that has adopted the Uniform Standards of Professional Appraisal Practice (USPAP) established by the Appraisal Standards Board of the Appraisal Foundation. The appraiser shall use assumptions and limiting conditions established by Lender, and the appraisal shall be in conformity with Lender's appraisal guidelines and the requirements of the Application/Commitment.
Appraisal. The written appraisal used by the Board to determine the Market Value of the Capital Stock of the Company.
Appraisal. An appraisal of a Property (or proposed Property) (i) dated not more than ninety (90) days prior to the date on which such Appraisal is to be used to implement the applicable provision of this Agreement, (ii) prepared by an MAI appraiser from a nationally recognized appraisal firm engaged by the Company, (iii) made in compliance with the requirements of Title XI of the Federal Institutions Reform, Recovery, and Enforcement Act of 1989 and the regulations promulgated thereunder, as then in... effect, and (iv) otherwise reasonably satisfactory to the Investor in all respects View More
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