Facility Rent. Facility Rent is defined as that rent due and payable to the LESSOR by the LESSEE for the structures, and appurtenances thereto, upon the Land as measured from the outer-most vertical surfaces of the structures as set forth and shown on the attached Exhibit βAβ. Facility Rent for all facilities shall commence on April 1, 2047 of the second five (5) year Option Term, and shall be set at the then-current market value of such facilities, structures, fixtures and improvements as determined by a single independent third-party licensed and accredited commercial property appraiser with local commercial property market experience. The appraiser shall be selected by agreement of the Parties.
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