Common use of Appraiser Qualifications Clause in Contracts

Appraiser Qualifications. Each appraiser selected under this Exhibit must (i) be a reputable real estate appraiser, (ii) be a member of the American Institute of Real Estate Appraisers or a successor body hereinafter constituted exercising a similar function, (iii) have experience in appraising property similar to the Subject Property (in terms of location, size, improvements and quality) and(iv) have no direct or indirect financial or other business interests in any party to this Agreement.

Appraiser Qualifications. Each appraiser selected ------------------------ under this Exhibit must (i) be a reputable real estate appraiser, (ii) be a member of the American Institute of Real Estate Appraisers or a successor body hereinafter constituted exercising a similar function, (iii) have at least five (5) years experience in appraising property similar to the Subject Property major institutions quality properties,' and (in terms of location, size, improvements and quality) and(iviv) have no direct or indirect financial or other business interests in or with any party to this Agreement.,

Appraiser Qualifications. Each appraiser selected under this Exhibit must (i) be a reputable real estate appraiser, (ii) be a member of the American Institute of Real Estate Appraisers or a successor body hereinafter constituted exercising a similar function, (iii) have experience in appraising property similar to the Subject Property (in terms of location, size, improvements and quality) and(ivand (iv) have no direct or indirect financial or other business interests in any party to this AgreementAgreement or the Hotel Property.