Appraiser. If either Landlord or Tenant fails to appoint its Appraiser within the prescribed time period, the single Appraiser appointed shall determine the fair rental value of the Property. If both parties fail to appoint Appraisers within the prescribed time periods, then the first Appraiser thereafter selected by a party shall determine the fair rental value of the Property. Each party shall bear the cost of its own Appraiser and the parties shall share equally the cost of the single or third Appraiser, if applicable.
Appears in 3 contracts
Samples: Early Possession Agreement (Ashworth Inc), Lease Amendment and Extension Agreement (St John Knits International Inc), Document Sciences Corp
Appraiser. If either Landlord or Tenant fails to appoint its Appraiser Appraisers within the prescribed time period, the single Appraiser appointed shall determine the fair (Single-Tenant Net Form) 22 rental value of the Property. If both parties fail to appoint Appraisers within the prescribed time periods, then the first Appraiser thereafter selected by a party shall determine the fair rental value of the Property. Each party shall bear the cost of its own Appraiser and the parties shall share equally the cost of the single or third Appraiser, if applicable.
Appears in 1 contract
Samples: Natural Nutrition Group Inc
Appraiser. If either Landlord Lessor or Tenant Lessee fails to appoint its Appraiser within the prescribed time period, the single Appraiser appointed shall determine the Initials E.A. ---- fair rental value of the Property. If both parties fail to appoint Appraisers within the prescribed time periods, then the first Appraiser thereafter selected by a party shall determine the fair rental value of the Property. Each party shall bear the cost of its own Appraiser and the parties shall share equally the cost of the single or third Appraiser, if applicable.
Appears in 1 contract
Samples: Prolong International Corp
Appraiser. If either Landlord or Tenant fails to appoint its Appraiser within the prescribed time period, the single Appraiser appointed shall determine the fair rental value Fair Rental Value of the Property. If both parties fail to appoint Appraisers within the prescribed time periods, then the first Appraiser thereafter selected by a party shall determine the fair rental value Fair Rental Value of the Property. Each party shall bear the cost of its own Appraiser and the parties shall share equally the cost of the single or third Appraiser, if applicable.
Appears in 1 contract
Samples: Genetic Vectors Inc
