Examples of Second Appraiser in a sentence
Not later than the 30th day after the Selection Date, the First Appraiser and the Second Appraiser shall each have determined its final view as to such private market value.
If Optionor fails to timely designate the Second Appraiser, FMV shall be determined by the First Appraiser.
The Mutually Designated Appraiser shall not be provided with any of the work of the First Appraiser and Second Appraiser.
Optionor then shall have 10 days after receiving such notice to designate a second appraiser (the "Second Appraiser") by written notice to Kite Realty.
If the appraisal determined by the Third Appraiser is greater than the highest appraisal or lower than the lowest appraisal given by the First Appraiser and Second Appraiser, then the appraisal shall be the average of the first two (2) appraisals.