Tenant’s Request. Tenant shall send a notice to Landlord by the time set for such notice in the applicable section of the Lease, requesting an Appraiser Determination of the Prevailing Market Rent, which notice to be effective must (i) make explicit reference to the Lease and to the specific section of the Lease pursuant to which said request is being made, (ii) include the name of an appraiser (“Tenant’s Appraiser”) selected by Tenant to act for Tenant, which appraiser shall be an M.A.I. appraiser selected by Tenant and which appraiser shall have at least ten (10) years’ experience in appraising properties of a nature and type generally similar to the Building located in the Downtown Boston Market, and (iii) explicitly state that Landlord is required to notify Tenant within thirty (30) days of an additional appraiser selected by Landlord.
Appears in 2 contracts
Sources: Lease Agreement (Rapid7, Inc.), Lease Agreement (Rapid7, Inc.)