Common use of FAIR MARKET VALUE OR LEASE RATE OF TRANSFERABLE EQUIPMENT Clause in Contracts

FAIR MARKET VALUE OR LEASE RATE OF TRANSFERABLE EQUIPMENT. If the parties do not agree on the fair market value or fair market lease value of the Transferable Equipment within thirty (30) days of Licensee's exercise of its option, the fair market value shall be submitted to Baseball Arbitration pursuant to PARAGRAPH 14. The cost of the arbitrator shall be borne equally by both parties.

Appears in 3 contracts

Samples: Spectrum Option Agreement (Clearwire Corp), Itfs Capacity Use and Royalty Agreement (Clearwire Corp), Spectrum Option Agreement (Clearwire Corp)

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FAIR MARKET VALUE OR LEASE RATE OF TRANSFERABLE EQUIPMENT. If the parties do not agree on the fair market value or fair market lease value of the Transferable Equipment within thirty (30) days of Licensee's exercise of its option, the fair market value shall be submitted to Baseball Arbitration pursuant to PARAGRAPH 14. The cost of the arbitrator shall be borne equally by both parties.. 39

Appears in 2 contracts

Samples: Ebs Capacity Use and Royalty Agreement (Clearwire Corp), Ebs Capacity Use and Royalty Agreement (Clearwire Corp)

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