Appraisal Methodology Clause Samples
The Appraisal Methodology clause defines the process and standards by which the value of an asset, property, or business interest will be determined under the agreement. Typically, it outlines the criteria for selecting an appraiser, the methods or approaches to be used (such as market comparison or income capitalization), and the steps to resolve disputes if parties disagree on the valuation. This clause ensures that all parties have a clear, agreed-upon framework for determining value, thereby reducing the risk of conflict and providing a fair basis for financial decisions or settlements.
Appraisal Methodology. The parties shall establish the appraisal methodology for Authority's option to lease or purchase certain parcels of any of GENCO's existing Generating Facility Sites contemplated in Section 4.2 of the Power Supply Agreement in accordance therewith.
Appraisal Methodology. Describe the information considered, the appraisal procedures followed, and the reasoning that supports the analyses, opinions and conclusions. Explain and support the exclusion of any of the usual valuation approaches if not used.
Appraisal Methodology. RD requires appraisers to use the following appraisal methods to arrive at a final estimate of value.