Appraisal Report. (a) No later than seven hundred thirty (730) days and no earlier than eight hundred fifty (850) days prior to the end of the Base Term and any Renewal Term, Lessor shall submit to Lessee, with a copy to the PSCW, a written list of proposed Appraisers. Lessee shall select one (1) of the Appraisers from Lessor's list and give written notice thereof to Lessor and the PSCW. The PSCW shall either approve the Appraiser selected by Lessee or choose a different Appraiser from Lessor's list. The Appraiser selected in accordance with this Section 14.1(a) (the "Independent Appraiser") shall appraise the Leased Facility in accordance with Section 14.1(b).
Appears in 2 contracts
Samples: Facility Lease Agreement (Wisconsin Electric Power Co), Washington I Facility Lease Agreement (Wisconsin Electric Power Co)
Appraisal Report. (a) No later than seven hundred thirty (730) days and no earlier than eight hundred fifty (850) days prior to the end of the Base Term and any Renewal Term, Lessor shall submit to Lessee, with a copy to the PSCW, a written list of proposed Appraisers. Lessee shall select one (1) of the Appraisers from Lessor's ’s list and give written notice thereof to Lessor and the PSCW. The PSCW shall either approve the Appraiser selected by Lessee or choose a different Appraiser from Lessor's ’s list. The Appraiser selected in accordance with this Section 14.1(a) (the "“Independent Appraiser"”) shall appraise the Leased Unit 1 Facility in accordance with Section 14.1(b).
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Wisconsin Energy Corp)
Appraisal Report. (a) No later than seven hundred thirty (730) days and no earlier than eight hundred fifty (850) days prior to the end of the Base Term and any Renewal Term, Lessor shall submit to Lessee, with a copy to the PSCW, a written list of proposed Appraisers. Lessee shall select one (1) of the Appraisers from Lessor's ’s list and give written notice thereof to Lessor and the PSCW. The PSCW shall either approve the Appraiser selected by Lessee or choose a different Appraiser from Lessor's ’s list. The Appraiser selected in accordance with this Section 14.1(a) (the "“Independent Appraiser"”) shall appraise the Leased Unit 2 Facility in accordance with Section 14.1(b).
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Wisconsin Energy Corp)
