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Common use of Letter from the Appraiser Clause in Contracts

Letter from the Appraiser. Each of the Owner Lessor and the Manager shall have received a satisfactory letter of the Appraiser setting forth the conclusions of the Closing Appraisal as to the fair market value and remaining economic useful life of the Facility as of the Closing Date and the methodology of determination thereof.

Appears in 8 contracts

Samples: Participation Agreement (Calpine Corp), Participation Agreement (Calpine Corp), Participation Agreement (Calpine Corp)