Determination of Fair Market Rental and Amended Exhibit X. Xxxxxx and Tenant shall attempt to agree on the Fair Market Rental, and upon an amended Exhibit C, promptly following the delivery of a Reset Proposal Notice. If Lessor and Tenant are not able to agree upon such Fair Market Rental, and upon an amended Exhibit C, within thirty (30) days after the delivery of the Reset Proposal Notice, an appraisal for the determination thereof under Article XXXV hereof shall be conducted. Within thirty (30) days after the expiration of the first 30-day period referenced above, each party shall give notice to the other party specifying the name and address of the person meeting the qualifications set forth in Section 35.3 below designated to act as an appraiser on its behalf. Thereafter, the Fair Market Rental for the balance of the Term (including, without limitation, any Extended Terms) from and after the Reset Date, and an amended Exhibit C, shall be determined in accordance with Article XXXV hereof.
Appears in 3 contracts
Samples: Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Ventas Inc), Master Lease Agreement (Ventas Inc)
Determination of Fair Market Rental and Amended Exhibit X. Xxxxxx --------------------------------------------------------- and Tenant shall attempt to agree on the Fair Market Rental, and upon an amended Exhibit C, promptly following the delivery of a Reset Proposal Notice. If Lessor and Tenant are not able to agree upon such Fair Market Rental, and upon an amended Exhibit C, within --------- thirty (30) days after the delivery of the Reset Proposal Notice, an appraisal for the determination thereof under Article XXXV hereof shall be conducted. ------------ Within thirty (30) days after the expiration of the first 30-day period referenced above, each party shall give notice to the other party specifying the name and address of the person meeting the qualifications set forth in Section ------- 35.3 below designated to act as an appraiser on its behalf. Thereafter, the Fair ---- Market Rental for the balance of the Term (including, without limitation, any Extended Terms) from and after the Reset Date, and an amended Exhibit C, shall be determined in accordance with Article XXXV hereof.. ------------
Appears in 1 contract
Samples: Master Lease Agreement (Ventas Inc)