Fair Market Value Arbitrator

Fair Market Value Arbitrator. Means an individual or entity selected, by written agreement of the Parties within three (3) Business Day after an Objection Notice is delivered by a Party, to review the Third Party Appraiser's determination of Fair Market Value, which individual or entity must be independent of both Parties (within the meaning of the director independence rules of the New York Stock Exchange); provided however if the Parties have not agreed to a Fair Market Value Arbitrator by 5 p.m. New York City time on the... date that is three (3) Business Day after an Objection Notice is delivered, the Third Party Appraiser shall promptly appoint a Fair Market Value Arbitrator that is independent of both Parties (within the meaning of the director independence rules of the New York Stock Exchange). View More