Common use of Advocate Arbitrators Clause in Contracts

Advocate Arbitrators. The Neutral Arbitrator must select either the determination by Landlord's Advocate Arbitrator or Tenant's Advocate Arbitrator as the Fair Market Rental Rate, and shall have no right to propose a middle ground or to modify either of the two (2) determinations or the provisions of this Lease. The Neutral Arbitrator shall render a decision within forty-five (45) days after appointment. The decision of the Neutral Arbitrator shall be final and binding upon the parties, and may be enforced in accordance with the provisions of applicable law for the jurisdiction within which the Property is located.

Advocate Arbitrators. The Neutral Arbitrator must select either the determination by Landlord's ’s Advocate Arbitrator or Tenant's ’s Advocate Arbitrator as the Fair Market Rental RateRent, and shall have no right to propose a middle ground or to modify either of the two (2) determinations or the provisions of this Lease. The Neutral Arbitrator shall render a decision within forty-five (45) days after appointment. The decision of the Neutral Arbitrator shall be final and binding upon the parties, and may be enforced in accordance with the provisions of applicable law for the jurisdiction within which the Property is located.