Selection of Appraiser Sample Clauses
The Selection of Appraiser clause defines the process by which parties choose an independent appraiser to determine the value of an asset, property, or loss in the event of a dispute. Typically, each party may select their own appraiser, or both may agree on a single neutral appraiser, with procedures outlined for resolving disagreements over the choice. This clause ensures a fair and impartial valuation process, helping to resolve disputes objectively and prevent prolonged disagreements over value assessments.
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Selection of Appraiser. The appraiser shall be selected by [Select one. The sections not selected shall not be a part of this Agreement.]: B yer, Seller, OR Other ( ); and all parties agree that this appraiser shall only perform a single certified appraisal of the Property.
Selection of Appraiser. Within seven (7) days after delivery of written notice of an election to exercise the DNC Put Option or the AP Call Option, AP shall select one of the following investment banking firms: Gold▇▇▇, ▇▇ch▇ & ▇o., Morg▇▇ ▇▇▇n▇▇▇ & ▇o. Incorporated or Salomon Brothers Inc. to conduct an Appraisal of AP. If AP shall fail to so select, DNC shall select one of such firms and the selection of DNC shall be final. If AP selects a firm acceptable to DNC, DNC shall notify AP that the firm is acceptable and AP shall cause the firm to commence and complete the appraisal as soon as possible. If AP selects a firm unacceptable to DNC, DNC shall select one of the remaining firms by delivery of a notice to AP within seven (7) days of the delivery of AP's notice of selection to DNC. If DNC shall fail to so select, AP's selection shall be final and AP shall cause the firm so selected to commence and complete the appraisal as soon as possible. If DNC selects a firm acceptable to AP, AP shall cause the firm to commence and complete the appraisal as soon as possible. If DNC selects a firm unacceptable to AP, AP shall notify DNC and cause the remaining firm to commence and complete the appraisal as soon as possible.
Selection of Appraiser. If Optionee and Owner are unable to agree upon the Base Rent pursuant to the meet and confer process, then either party may deliver to the other party a written notice to select an appraiser (the "Appraiser Selection Notice"), and thereafter, Optionee and Owner shall negotiate in good faith to identify a mutually acceptable Qualified Appraiser (as defined below) to determine the Fair Market Rental Value of the Coliseum Property and the Base Rent for the New Lease. If the parties are unable to agree on the Qualified Appraiser within thirty (30) days after the delivery of the Appraiser Selection Notice, each party shall select its own Qualified Appraiser within thirty (30) days thereafter. All appraisers selected pursuant to this Section 4.1 shall deliver written determination of the Fair Market Rental Value and Base Rent to both parties within one hundred twenty (120) days after the date of the delivery of the Appraiser Selection Notice. Each party shall pay the cost of the appraiser selected by such party and one-half of the cost of the mutually accepted appraiser, or the third appraiser (as described in subsection (d), below), as applicable.
Selection of Appraiser. The Committee shall select an Appraiser who shall be directed to determine the Established Value Per Share applicable to Common Stock which may be repurchased by the Corporation during calendar year 1996 and each succeeding calendar year. In all instances, the Appraiser shall be selected in good faith by the Committee and shall be experienced in valuing energy related business enterprises.
Selection of Appraiser. The appraiser shall be selected by [Select one. The sections not selected shall not be a part of this Agreement.]: 🞏 Buyer, 🞏Seller, OR 🞏 Other (_ ); and all parties agree that this appraiser shall only perform a single certified appraisal of the Property. THIS FORM IS COPYRIGHTED AND MAY ONLY BE USED IN REAL ESTATE TRANSACTIONS IN WHICH ▇▇▇▇▇▇ ▇▇▇▇▇ IS INVOLVED AS A REAL ESTATE LICENSEE. UNAUTHORIZED USE OF THE FORM MAY RESULT IN LEGAL SANCTIONS BEING BROUGHT AGAINST THE USER AND SHOULD BE REPORTED TO THE GEORGIA ASSOCIATION OF REALTORS® AT (▇▇▇) ▇▇▇-▇▇▇▇.
Selection of Appraiser. If Tenant and Landlord are unable to agree upon the Base Rent pursuant to the meet and confer process, then either party may deliver to the other party a written notice to select an appraiser (the "Appraiser Selection Notice"), and thereafter, Tenant and Landlord shall negotiate in good faith to identify a mutually acceptable Qualified Appraiser (as defined below) to determine the Fair Market Rental Value of the Coliseum Property and the Base Rent for the applicable Extension Term. If the parties are unable to agree on the Qualified Appraiser within thirty (30) days after the delivery of the Appraiser Selection Notice, each party shall select its own Qualified Appraiser within thirty
Selection of Appraiser. Within 10 days after an event requiring the determination of purchase price, the Corporation and the selling Shareholder shall mutually select a qualified appraiser to appraise the Corporation and set a value on its stock. The value of the shares computed according to this Article is binding on all persons.
Selection of Appraiser. The Holding Company's external auditors shall serve as the appraiser or, if unwilling to do so, appoint the appraiser or, if no appraiser has been appointed within sixty (60) Days after the Buy-Out Notice is given, the President of Mexico's Association of Charted Accountants or other authority agreed on in writing by the parties shall at request of any party appoint the appraiser. The appraiser shall in all cases be a member of a major international accounting firm with offices in Mexico City.
Selection of Appraiser. Each party shall appoint one individual as an Appraiser within ten (10) days after the expiration of the thirty (30) day period provided above. The appraisers so appointed by the parties shall meet within thirty (30) days of their appointment and shall determine the fair market value of the Interest.
Selection of Appraiser. If Optionee and Owner are unable to agree upon the Base Rent pursuant to the meet and confer process, then either party may deliver to the other a written notice requesting selection of an appraiser (the "Appraiser Selection Notice"), and thereafter, Optionee and Owner shall negotiate in good faith to identify a mutually acceptable Qualified Appraiser (as defined below) to determine the Fair Market Rental Value of the Property and the Base Rent. If the parties agreed on a mutually acceptable Qualified Appraiser, both Owner and Optionee shall be identified as the client for purposes of the appraisal. If the parties are unable to agree on the Qualified Appraiser within thirty (30) days after the delivery of the Appraiser Selection Notice, each party shall select its own Qualified Appraiser within thirty (30) days thereafter. If each party selects an appraiser, the Qualified Appraisers shall, prior to commencing their appraisals, agree on the methodology to be used in appraising the Property. All appraisers selected pursuant to this Section 4.1 shall deliver written determination of the Fair Market Rental Value and Base Rent to both parties within one hundred twenty (120) days after the date of the delivery of the Appraiser Selection Notice. Each party shall pay the cost of the appraiser selected by such party and one-half of the cost of the mutually accepted appraiser, or the third appraiser (as described in subsection (d), below), as applicable.