Examples of Independent Firm in a sentence
The fees and expenses of the Independent Firm will be allocated between the Vendors and the Purchaser, as determined (and as set forth in the final determination) by the Independent Firm, based upon the relative success (in terms of percentages) of each of the Purchaser’s claim, on the one hand, and the Vendors’ claim, on the other hand.
The Parties shall have the opportunity to provide a written response to the other Party’s submission, such written response to be provided simultaneously to the Independent Firm and the other Party.
All communications with the Independent Firm shall be in writing.
The scope of the disputes to be resolved by the Independent Firm shall be limited to whether the calculation in the Closing Calculation was done in accordance with the terms hereof, the accounting methods, standards, policies, practices, classifications, estimation methodologies, assumptions or procedures used to prepare the Closing Calculation and required by the terms of this Agreement, and whether there were mathematical errors in the calculation of the Closing Calculation.
In resolving any such disagreements, the Independent Firm may not assign a value to such item greater than the greatest value for such item claimed in the Closing Calculation or the Objection Notice or less than the lowest value for such item in the Closing Calculation or Objection Notice.