Common use of Dispute Resolution Appraisal Clause in Contracts

Dispute Resolution Appraisal. The Dispute Resolution Appraiser selected in accordance with Section 4.9 shall, within fifteen (15) Days after receipt of the appraisal reports, compare and review all the appraisal reports and meet with the appraisers. At that meeting, the Dispute Resolution Appraiser shall try to resolve the appraisal differences. If for any reason whatsoever the Dispute Resolution Appraiser fails within thirty (30) Days after the selection of the Dispute Resolution Appraiser to resolve the appraisal differences, the Dispute Resolution Appraiser shall proceed as follows: (a) The Dispute Resolution Appraiser shall prepare and complete an appraisal ("Dispute Resolution Appraisal") within sixty (60) Days after its selection that sets forth the Dispute Resolution Appraiser's findings of Full Market Rent, pursuant to Section 4.4. The Dispute Resolution Appraiser shall provide copies of the Dispute Resolution Appraisal to both the Aviation Department and Lessee. (b) If the values established by County's appraisal(s) and the Lessee's appraisal as to Full Market Rent are within a ten percent (10%) range of the Dispute Resolution Appraisal, then the Full Market Rent (and all components thereof) will be the average of the Full Market Rent amounts stated in all of the appraisal reports. This determination shall be binding on Lessee and County, and the Parties will have no right to dispute that Full Market Rent amount. (c) If the values established by County's appraisal(s) and Lessee's appraisal as to Full Market Rent are not all within a ten percent (10%) range of the Dispute Resolution Appraisal, then the finding of Full Market Rent (and all components thereof) established by the Dispute Resolution Appraisal shall be binding on Lessee and County, and the Parties will have no right to dispute that Full Market Rent (and all components thereof) amount. (d) The Parties shall share equally the expense of obtaining the Dispute Resolution Appraisal. Lessee's portion of that expense will be paid to County within five (5) Days after receipt of County's invoice for same.

Dispute Resolution Appraisal. The Dispute Resolution Appraiser selected in accordance with Section 4.9 shallAppraiser, within fifteen (15) Days after receipt of the appraisal reportsselection, shall compare and review all the both appraisal reports and meet with the appraisers. At that meeting, the Dispute Resolution Appraiser shall try to resolve the appraisal differences. If for any reason whatsoever the Dispute Resolution Appraiser fails within thirty fifteen (3015) Days after the selection of the Dispute Resolution Appraiser to resolve the appraisal differences, the Dispute Resolution Appraiser shall proceed as follows: (a) a. The Dispute Resolution Appraiser shall prepare and complete an appraisal ("Dispute Resolution Appraisal") within sixty (60) Days after its his or her selection that sets forth the Dispute Resolution Appraiser's findings of Full Market Rent, pursuant to Section 4.4the Appraised Value of the RCC. The Dispute Resolution Appraiser shall provide copies of the Dispute Resolution Appraisal to both County and the Aviation Department and LesseeConcessionaires within the aforementioned sixty (60) Days. (b) b. If the values established by County's appraisal(s) appraisal and the Lessee's Concessionaires' appraisal as to Full Market Rent are both within a ten percent (10%) range of the Dispute Resolution Appraisal, then the Full Market Rent (and all components thereof) Appraised Value of the RCC will be the average of the Full Market Rent amounts appraised values stated in all of the three appraisal reports. This determination shall be binding on Lessee the Concessionaires and County, and the Parties Concessionaires and County will have no right to dispute that Full Market Rent amountAppraised Value. (c) c. If the values established by County's appraisal(s) appraisal and Lessee's the Concessionaires' appraisal as to Full Market Rent are not all both within a ten percent (10%) range of the Dispute Resolution Appraisal, then the finding of Full Market Rent (and all components thereof) Appraised Value established by the Dispute Resolution Appraisal shall be binding on Lessee the Concessionaires and County, and the Parties Concessionaires and County will have no right to dispute that Full Market Rent (and all components thereof) amountAppraised Value. (d) d. The Parties Concessionaires and County shall share equally in the expense of obtaining the Dispute Resolution Appraisal. LesseeThe Concessionaire's portion of that expense will be paid to County within five (5) Days after receipt of County's invoice for same.

Dispute Resolution Appraisal. The Dispute Resolution Appraiser selected in accordance with Section 4.9 this section shall, within fifteen (15) Days days after receipt of the appraisal reports, compare and review all the appraisal reports and meet with the appraisers. At that meeting, the Dispute Resolution Appraiser shall try to resolve the appraisal differences. If for any reason whatsoever the Dispute Resolution Appraiser fails within thirty (30) Days days after the selection of the Dispute Resolution Appraiser to resolve the appraisal differences, the Dispute Resolution Appraiser shall proceed as follows: (a) 4.3.7.1. The Dispute Resolution Appraiser shall prepare and complete an appraisal ("“Dispute Resolution Appraisal"”) within sixty (60) Days days after its selection that sets forth the Dispute Resolution Appraiser's ’s findings of Full Market Rent, including determinations of Land MR and Improvements MR pursuant to Section 4.4this section. The Dispute Resolution Appraiser shall provide copies of the Dispute Resolution Appraisal to both the Aviation Port Department and Lessee. (b) 4.3.7.2. If the values established by County's appraisal(s) ’s appraisal and the Lessee's ’s appraisal as to Full Market Rent are within a ten percent (10%) range of the Dispute Resolution AppraisalAppraisal (without regard to the values of the individual components of the appraisals), then the Full Market Rent (and all components thereof) will be the average of the Full Market Rent amounts stated in all of the appraisal reports. This determination shall be binding on Lessee and County, and the Parties will have no right to dispute that Full Market Rent amount. (c) 4.3.7.3. If the values established by County's appraisal(s) ’s appraisal and Lessee's Xxxxxx’s appraisal as to Full Market Rent are not all within a ten percent (10%) range of the Dispute Resolution Appraisal, then the finding of Full Market Rent (and all components thereof) established by the Dispute Resolution Appraisal shall be binding on Lessee and County, and the Parties will have no right to dispute that Full Market Rent (and all components thereof) amount. (d) 4.3.7.4. The Parties shall share equally the expense of obtaining the Dispute Resolution Appraisal. Lessee's Xxxxxx’s portion of that expense will be paid to County within five (5) Days days after receipt of County's ’s invoice for same.

Dispute Resolution Appraisal. The Dispute Resolution Appraiser selected in accordance with Section 4.9 shall, within fifteen (15) Days after receipt of the appraisal reports, compare and review all the appraisal reports and meet with the appraisers. At that meeting, the Dispute Resolution Appraiser shall try to resolve the appraisal differences. If for any reason whatsoever the Dispute Resolution Appraiser fails within thirty (30) Days after the selection of the Dispute Resolution Appraiser to resolve the appraisal differences, the Dispute Resolution Appraiser shall proceed as follows: (a) The Dispute Resolution Appraiser shall prepare and complete an appraisal ("Dispute Resolution Appraisal") within sixty (60) Days after its selection that sets forth the Dispute Resolution Appraiser's findings of Full Market Rent, including determinations of Land MR, Pavement MR, and Improvements MR pursuant to Section 4.4. The Dispute Resolution Appraiser shall provide copies of the Dispute Resolution Appraisal to both the Aviation Department and Lessee. (b) If the values established by County's appraisal(s) and the Lessee's appraisal as to Full Market Rent are within a ten percent (10%) range of the Dispute Resolution AppraisalAppraisal (without regard to the values of the individual components of the appraisals), then the Full Market Rent (and all components thereof) will be the average of the Full Market Rent amounts stated in all of the appraisal reports. This determination shall be binding on Lessee and County, and the Parties will have no right to dispute that Full Market Rent amount. (c) If the values established by County's appraisal(s) and LesseeXxxxxx's appraisal as to Full Market Rent are not all within a ten percent (10%) range of the Dispute Resolution Appraisal, then the finding of Full Market Rent (and all components thereof) established by the Dispute Resolution Appraisal shall be binding on Lessee and County, and the Parties will have no right to dispute that Full Market Rent (and all components thereof) amount. (d) The Parties shall share equally the expense of obtaining the Dispute Resolution Appraisal. LesseeXxxxxx's portion of that expense will be paid to County within five (5) Days after receipt of County's invoice for same.