Aggregate Appraised Value definition

Aggregate Appraised Value means at the time of determination, the sum of the Appraised Value of all Collateral Vessels owned by the Subsidiary Guarantors at such time which are not then subject to an Event of Loss.
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Aggregate Appraised Value as of the date determined shall mean the sum of (a) the aggregate appraised values as of the Closing Date of all Properties which remain as of the date determined subject to the Lien of the Security Instrument (excluding the Replaced Properties, Release Properties and the Substitute Properties) and (b) the appraised value of the Substitute Property as of such date of determination.
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Aggregate Appraised Value means at any time, the sum of the Appraised Value of all Mortgaged Vessels owned by the Borrower and its Subsidiaries at such time.
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Examples of Aggregate Appraised Value in a sentence

  • The Issuer shall be deemed to be in compliance with this Section 632 if Users representing one hundred percent (100%) of the Aggregate Appraised Value have executed such revised master lease agreement by the earlier to occur of (a) the date of issuance of the Issuer's "Series 2002-1 Notes" and (b) March 31, 2002 (or if such day is not a Business Day, the next succeeding Business Day).

  • The Manager shall be deemed to be in compliance with this Section if Users representing one hundred percent (100%) of the Aggregate Appraised Value have executed such revised master lease agreement by the earlier to occur of (a) the date of issuance of the Issuer's "Series 2002-1 Notes" and (b) May 31, 2002 (or if such day is not a Business Day, the next succeeding Business Day).

  • The Issuer shall be deemed to be in compliance with this Section if Users representing one hundred percent (100%) of the Aggregate Appraised Value have executed such revised master lease agreement by the earlier to occur of (a) the date of issuance of the Issuer's "Series 2002-1 Notes" and (b) May 31, 2002 (or if such day is not a Business Day, the next succeeding Business Day).

  • The Manager shall be deemed to be in compliance with this Section if Users representing one hundred percent (100%) of the Aggregate Appraised Value have executed such revised master lease agreement by the earlier to occur of (a) the date of issuance of the Issuer's "Series 2002-1 Notes" and (b) July 31, 2002 (or if such day is not a Business Day, the next succeeding Business Day).

  • The Manager shall be deemed to be in compliance with this Section if Users representing one hundred percent (100%) of the Aggregate Appraised Value have executed such revised master lease agreement by the earlier to occur of (a) the date of issuance of the Issuer's "Series 2002-1 Notes" and (b) October 18, 2002 (or if such day is not a Business Day, the next succeeding Business Day).


More Definitions of Aggregate Appraised Value

Aggregate Appraised Value shall have the meaning set forth in the Loan Agreement (Mortgage).
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Aggregate Appraised Value. On any date of determination, the sum of the Appraised Values of all Properties.
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Aggregate Appraised Value means, with respect to any group of Collateral Properties, the sum of the Appraised Values for such Collateral Properties.
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Aggregate Appraised Value means, with respect to any group of Individual Properties, the sum of the Appraised Values for such Individual Properties.
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Aggregate Appraised Value means the true and actual value of all property in the state owned by the eligible taxpayer including the true and actual value of all property of any related entity;
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Aggregate Appraised Value. On any date of determination, the sum of the Appraised Values of all of the Properties in the Collateral Pool.
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Aggregate Appraised Value. The sum of the most recently available Appraised Values of the Compressors; provided, however, that if the Return Option has been selected on the most recent Termination Date in accordance with the provisions of Section 20.2 of the Head Lease, then, notwithstanding the results of any Appraisal, the Aggregate Appraised Value for the remaining Compressors will not exceed the product of (a) total horsepower of all Compressors and (b) the quotient of (i) the Net Sales Proceeds obtained in the most recent sale of Compressors made in connection with the exercise of the Return Option divided by (ii) the total number of horsepower in the Lease Pool sold pursuant to the Return Option.
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