Equity Shares. Transferable shares of beneficial interest of the Company of any class or series, including common shares or preferred shares. Independent Appraiser. A qualified appraiser of real estate as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers (“M.A.I.”) or the Society of Real Estate Appraisers (“S.R.E.A.”) shall be conclusive evidence of such qualification.
Appears in 7 contracts
Samples: Advisory Agreement (Orange Hospitality, INC), Advisory Agreement (Orange REIT, Inc.), Advisory Agreement (Orange REIT, Inc.)