Common use of Adjustment for Fair Market Value Clause in Contracts

Adjustment for Fair Market Value. If Landlord elects to determine the fair market value of the Premises and notify Tenant thereof in writing and (a) if Tenant accepts Landlord's determination of fair market value, on the Tenant's Termination Date, Tenant shall pay Landlord the amount (if any) by which the Stipulated Loss Value exceeds the agreed fair market value, or (b) if Tenant does not accept Landlord's determination of fair market value, on the Tenant's Termination Date, Landlord shall convey to Tenant all right, title and interest of Landlord in and to the Premises by grant deed upon receipt by Landlord from Tenant of all sums due pursuant to Paragraph 39.1 hereof.

Adjustment for Fair Market Value. If Landlord elects to determine the fair market value of the Premises and notify Tenant thereof in writing and (a) if Tenant accepts Landlord's determination of fair market value, on the TenantLandlord's Termination Date, Tenant shall pay Landlord the amount (if any) by which the Stipulated Loss Value exceeds the agreed fair market value, or (b) if Tenant tenant does not accept Landlord's determination of fair market value, on the TenantLandlord's Termination Date, Landlord shall convey to Tenant all right, title and interest of Landlord in and to the Premises by grant deed upon receipt by Landlord from Tenant of all sums due pursuant to Paragraph 39.1 40.1 hereof.

Adjustment for Fair Market Value. If Landlord elects to determine the fair market value of the Premises and notify Tenant thereof in writing and (a) if Tenant accepts Landlord's determination of fair market value, on the TenantLandlord's Termination Date, Tenant shall pay Landlord the amount (if any) by which the Stipulated Loss Value exceeds the agreed fair market value, or (b) if Tenant does not accept Landlord's determination of fair market value, on the TenantLandlord's Termination Date, Landlord shall convey to Tenant all right, title and interest of Landlord in and to the Premises by grant deed upon receipt by Landlord from Tenant of all sums due pursuant to Paragraph 39.1 40.1 hereof.