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~` $,2-° C1 ii 1 ~ 5 ~ , c. BfCG may purchase the Property pursuant to its timely exercise of the dpton whether or-not it has exercised or intends to exercise, zts rights-to purchase any of the Qther Properties, in accordance with any of thq Other 6gtion Agreements. d_ Upon exercise of the Option, BKC shall purchase the Praperty an the Purchase Date for cash (unless otherwise agreed by Optianoz and BKC3=at a_price equal to its fair market value (encumbered by tree Lease, if: the .Lease is then in full force and eifcc~, but. not encumtrered by taxis ?,greemenL), determined as of a date not later than thirty {30} da}*s subsequent tc~ reeei~t by Optionor of the notice. Pair market valxxe of the Property shall be determzied by calcealati.ng', the average of three appraisals obtained as failotis: crithin ten {li7) clays after the date !of tYie Notice. Optscxnor and BKC eaetx she"i choose one appraiser and such:.:. two appraisers shall promptly jointly choose a third appraiser for, if [trey cannot. agree, the third appraiser shall he appointed by Lhe American Arbsratzvrs Assraciation located in the comxaunity r:herexn the Praperty is locatedl. .Each appraiser selected hereunder shall be reasonatrly famil£ar with the i~>cal cc+mmunic.y wherein_ the Property is loceted and stall be a member in good ;standing c>f ~hc. .~erican lnstita~te of Real Estate Appraisers or any successor: arganizatian. Eactx appraiser shall promptly prepare and submit to Optianor and BAC his appraisal of the. Property, ~ ,~;