Appraisal Procedures Sample Clauses

Appraisal Procedures. (a) Generally. Whenever Fair Market Rental or Fair Market Value is required to be determined under this Lease (unless otherwise provided herein), it shall be determined by the mutual agreement of the Lessor and the Lessee in accordance with the definitions of such terms in Schedule I hereto. If the Lessee and the Lessor cannot agree by the date 60 days prior to the date for exercise of the applicable option, such amount shall be determined by independent appraisal conducted by appraisers selected pursuant to Section 4.03(b) hereof. At any time prior to final determination of such amount pursuant to Section 4.03(b) hereof, the Lessee and the Lessor shall be entitled to submit to the appraisers (and shall submit to each other any bids submitted to the appraisers) any bids from unrelated third parties, and such bids shall be accorded the weight such appraisers deem appropriate. The Lessor and the Lessee shall each have an opportunity to comment on any such bids after receiving a copy thereof.
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Appraisal Procedures. (a) In the event the Council and the indemnitee fail to agree on the amount of partial loss, or damage to, or any re- duction in the fair market value as a result thereof, to the indemnified item(s), each shall select a competent appraiser(s) with evidence to be pro- vided to show that the indemnitee’s se- lection is satisfactory to the owner. The appraiser(s) selected by the Coun- cil and the indemnitee shall then select a competent and disinterested arbi- trator.
Appraisal Procedures a. The Tribe agrees to conduct appraisal services herein identified, as required to support real estate transactions on trust or restricted property.
Appraisal Procedures. If the ROFO Purchaser gives the Offering Stockholder written notice of its disagreement as to the valuation of any non-cash consideration payable or receivable in a Third Party Sale in accordance with Section 3.2(b) (the "Agreement Deadline"), then appraisals hereunder shall be undertaken by two (2) Appraisers (as defined below), one selected by the ROFO Purchaser and one selected by the Offering Stockholder, which appointment shall be made within fifteen (15) calendar days after the Agreement Deadline. Such Appraisers shall have thirty (30) calendar days following the appointment of the last Appraiser to be appointed to agree upon the value of the consideration other than cash proposed to be received in the Third Party Sale pursuant to Section 3.2(b) of this Agreement (the "Consideration Value"). In the event that such Appraisers cannot so agree within such period of time, (x) if such Appraisers' valuations do not vary by more than twenty (20%) percent, then the Consideration Value shall be the average of the two valuations and (y) if such Appraisers' valuations differ by more than twenty (20%) percent, such Appraisers shall mutually agree on a third Appraiser who shall calculate the Consideration Value independently. In the event that the two original Appraisers cannot agree upon a third Appraiser within thirty (30) calendar days following the end of the thirty (30) day period referred to above, then the third Appraiser shall be determined by lottery from a group of two (2) Appraisers, one of whom will be designated by the ROFO Purchaser and one of whom will be designated by the Offering Stockholder. The third Appraiser shall make its determination as to Consideration Value within thirty (30) calendar days of its appointment. The third Appraiser's valuation will be the Consideration Value for all purposes hereof and will not be subject to appeal or challenge by either the ROFO Purchaser or the Offering Stockholder.
Appraisal Procedures. This Lease provides that a Renewal Term Fair Market Base Rent shall be determined by appraisal, and said appraisal shall be conducted in accordance with the following procedures:
Appraisal Procedures. If the Managing Member and the Advisory Board are unable to agree upon the Fair Market Value of any non-cash property of the Fund within thirty (30) days after the Managing Member receives written notice that the Advisory Board objects to the Managing Member s determination, or if the Managing Member determines at any time (whether before or after the expiration of such thirty (30) days) that the Managing Member and the Advisory Board are unlikely to reach agreement on the Fair Market Value, then such Fair Market Value shall be determined as follows:
Appraisal Procedures. (1) To further the above purposes, the Administrative personnel responsible for appraisal recognize the right of the teacher to: Know how well he or she is performing the duties and responsibilities of his or her position. Know the areas in which improvement is needed as reasonably soon as deficiency is detected. Have candid appraisal of his or her work. Discuss his or her appraisal reports with his or her supervisor. Seek and receive reasonable supervisory assistance.
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Appraisal Procedures. The appraisal process set forth in Section 3 of this Article XII shall be governed by the following:
Appraisal Procedures. (6) If in connection with a Purchase Notice, Call Notice, Second Call Notice or Sell Notice, as the case may be, a determination needs to be made with respect to the "fully distributed public market value" of shares of Issuer Common Stock, the following provisions shall apply. When used in this agreement, "Fully Distributed Public Market Value"
Appraisal Procedures. If CDP elects to avail itself of its appraisal rights pursuant to clause (ii) of Section 14.01(b) following an exercise of the Call Option by SMP, then the following terms, provisions, conditions and agreements shall govern the determination of the Appraised Purchase Price:
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