Independent Appraiser. A Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is a qualified appraiser of Real Property of the type held by the Company or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property.
Appears in 21 contracts
Samples: Registration Rights Agreement (Behringer Harvard Reit I Inc), Advisory Agreement (AEI Core Property Income Trust, Inc), Fourth Amended and Restated Advisory Agreement (Behringer Harvard Reit I Inc)
Independent Appraiser. A Person person or entity with no material current or prior business or personal relationship with the Advisor or the Directors Directors, who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company, and who is a qualified appraiser of Real Property of the type held by the Company or of other Assets real estate as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Propertyqualification.
Appears in 17 contracts
Samples: Advisory Agreement (REITPlus, Inc.), Form of Advisory Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Advisory Agreement (Grubb & Ellis Healthcare REIT II, Inc.)
Independent Appraiser. A Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is a qualified appraiser of Real Property of the type held by the Company or the Partnership or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property.
Appears in 11 contracts
Samples: Form of Advisory Agreement (Nexpoint Multifamily Realty Trust, Inc.), Amended and Restated Advisory Agreement (Carter Validus Mission Critical REIT, Inc.), Advisory Agreement (Nexpoint Multifamily Realty Trust, Inc.)
Independent Appraiser. A Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is a qualified appraiser of Real Property of the type held by the Company or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the American Appraisal Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property.
Appears in 8 contracts
Samples: Version Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Form of Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Independent Appraiser. A Person with no material current or prior business or personal relationship with the Advisor or the Directors Trustees and who is engaged to a qualified appraiser substantial extent in the business of rendering opinions regarding the value of Real Property and/or other Assets of the type held by the Company or of other Assets as determined by the BoardTrust. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as being engaged to a substantial extent in the business of rendering opinions regarding the value of Real Property.
Appears in 4 contracts
Samples: Advisory Agreement (United Development Funding Income Fund V), Advisory Agreement (United Development Funding Income Fund V), Advisory Agreement (United Development Funding Income Fund V)
Independent Appraiser. A Person with no material current or prior business or personal relationship with the Advisor or the Directors Trustees and who is a qualified appraiser of Real Property of the type held by the Company Trust or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property.
Appears in 4 contracts
Samples: Advisory Agreement (United Development Funding IV), Advisory Agreement (United Development Funding IV), Advisory Agreement (United Development Funding IV)
Independent Appraiser. A Person with qualified appraiser of real estate as determined by the Board, who has no material current or prior business or personal relationship with with, the Advisor Manager, the Directors, or the Directors their respective Affiliates and who is engaged to a qualified appraiser substantial extent in the business of Real Property rendering opinions regarding the value of the type held by the Company or of other Assets as determined by the Boardreal estate related investments. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property(but not of independence).
Appears in 3 contracts
Samples: Asset Management Agreement (W. P. Carey Inc.), Asset Management Agreement (Corporate Property Associates 18 Global Inc), Asset Management Agreement (Corporate Property Associates 18 Global Inc)
Independent Appraiser. A Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is a qualified appraiser of Real Property of the type held by the Company Company, OP I or the Partnership or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property.
Appears in 2 contracts
Samples: Third Amended and Restated Advisory Agreement (Carter Validus Mission Critical REIT II, Inc.), Third Amended and Restated Advisory Agreement (Carter Validus Mission Critical REIT, Inc.)
Independent Appraiser. A Person with qualified appraiser of real estate as determined by the Board, who has no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a qualified appraiser substantial extent in the business of Real Property rendering opinions regarding the value of assets of the type held by the Company or of other Assets as determined by the BoardCWI 1. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property(but not of independence).
Appears in 1 contract
