Disposal of Property upon Termination. Upon termination of this Agreement, the Parties shall acquire, and SCRAA shall convey by Warranty Deed, ownership interests in all Airport Facility real estate and assets in shares proportionate to each Party’s total payments from the Effective Date to the date of termination, with such ownership interests being held as tenants in common with other Party possessing similar interests. Any Party may acquire the interests of the other Party at a value to be established by a Board of Appraisers consisting of one appraiser appointed by each Party and on such other terms as the Parties may agree. The appraisers selected by the Parties shall elect one of them as appraisal Board chair.
