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 10 contracts
Samples: Property Acquisition/Disposition Agreement (Orange REIT, Inc.), Property Acquisition/Disposition Agreement (Orange Hospitality, INC), Advisory Agreement (Dividend Capital Trust Inc)
Independent Appraiser. A qualified appraiser of real estate as determined by the Board, who is not affiliated, directly or indirectly, with the Company, the Manager or their respective Affiliates. 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 1 contract
Samples: Management Agreement (Carey Diversified Properties LLC)
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 1 contract
Samples: Advisory Agreement (Wells Real Eastate Investment Trust Inc)
Independent Appraiser. A qualified appraiser of real estate as determined by the Board. Membership in a nationally recognized appraisal society such as the American Appraisal 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 1 contract
