Qualified Appraisers Clause Samples

Qualified Appraisers. In the event of such appraisal, each party shall bear its own legal and other costs. If Licensor elects to exercise any option to purchase herein provided, it shall have the right to set off all amounts due from Operator or any Controlling Principal to Licensor or any of its Affiliates (including any costs for the appraisal) and any costs incurred in connection with any escrow arrangement (including reasonable legal fees) against any payment therefor and shall pay the remaining amount in cash.

Qualified Appraisers. CB ▇▇▇▇▇▇▇ ▇▇▇▇▇ • ▇▇▇▇▇▇▇ & Wakefield • Duff and ▇▇▇▇▇▇ • Integra Realty Resources • PGP Valuation Inc. • Property Sciences Group Inc.

Qualified Appraisers. The Issuers and the Purchaser shall, within three days, strike two of the five appraisers, and the appraiser remaining after each of the Issuers and the Purchaser have stricken two (2) names shall be the appraiser who shall determine Fair Market Value for the purposes of the put provisions in Section 4.10. The fees and expenses of the appraiser that determines Fair Market Value shall be borne by RMI.

Qualified Appraisers. Beginning with the appraiser appointed by Inktomi, each appraiser shall, within three (3) business days, strike the name of one (1) of the five (5) appraisers on such list, and the appraiser remaining after each appraiser has stricken two (2) names shall be the third appraiser. Once the third appraiser (the "ARBITRATOR") has been selected as provided for above, then, as soon thereafter as practicable but in any case within fourteen (14) days, the Arbitrator shall make his or her determination of which of the two Estimates most closely reflects the Appraised Value, and the corresponding Participation Payment. If the Arbitrator believes that expert advice would materially assist him or her, he or she may retain one or more qualified persons to provide such expert advice. Each of Equity Office and Inktomi initially shall pay the costs of the Arbitrator and of any experts retained by the Arbitrator. Any fees of any appraiser, counsel or experts engaged directly by Equity Office or Inktomi initially shall be borne by the party retaining such appraiser, counsel or expert. The Appraised Value and the corresponding Participation Payment agreed upon by the appraisers, or determined by the Arbitrator, is referred to herein as the "ARBITRATION DETERMINATION." The party whose Estimate is selected as most closely reflecting the Appraised Value shall be entitled to recover from the other party its one-half share of the Arbitrator's costs (including costs of experts retained by the Arbitrator) and all reasonable attorneys', appraisers' and experts' fees incurred by such party in connection with the Arbitration Determination.