Buy Out Purchase Price. If, within thirty (30) days after the acceptance of the Buy Out Offer, the Manager and the Disassociating Member cannot agree on the amount of the Buy Out Purchase Price, then the Manager and the Disassociating Member shall jointly appoint an independent Appraiser, investment advisor or investment banking firm with reasonable experience in the oil and gas industry to determine the value the Company as of the last day of the fiscal year prior to the date of the Disassociation. The fees and other costs of the independent Appraiser, investment, advisor or investment banking firm shall be shared equally by both parties.
Appears in 5 contracts
Samples: Operating Agreement (John D. Oil & Gas Co), Operating Agreement (Energy West Inc), Operating Agreement (John D. Oil & Gas Co)
