Common use of Third Party Valuation Clause in Contracts

Third Party Valuation. Prior to the Closing Date, NBT Bank shall obtain a valuation from the Third Party Valuator regarding the restrictive covenants in Section "3(a)" hereof, the costs of the Third Party Valuator shall be borne by City National Bank provided, however, NBT Bank shall seek the consent of City National Bank regarding the selection of the Third Party Valuator which consent shall not be unreasonably withheld. The Executive shall cooperate and use his best efforts in assisting the Third Party Valuator in its valuation of the restrictive covenants in Section "4(a)" hereof.

Third Party Valuation. Prior to the Closing Date, NBT Bank shall obtain a valuation from the Third Party Valuator regarding the restrictive covenants in Section "3(a4(a)" hereof, the . The costs of the Third Party Valuator shall be borne by City National Bank Bank; provided, however, NBT Bank shall seek the consent of City National Bank regarding the selection of the Third Party Valuator which consent shall not be unreasonably withheld. The Executive shall cooperate and use his best efforts in assisting the Third Party Valuator in its valuation of the restrictive covenants in Section "4(a(a)" hereof.. 3