Determination of Fair Rental Value. Fair rental value, for purposes of this Section 23, shall be the highest amount which could be obtained by renting the Facilities to another party for a period at least as long as the remainder of the Scheduled Lease Term under the same terms (other than with respect to Base Rent) as specified in this Lease Agreement; provided, however, that the following procedures shall be used.
Appears in 4 contracts
Samples: Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\)