Common use of Certain Disputes Clause in Contracts

Certain Disputes. Disputes that arise under this Article VII and are not resolved by mutual agreement within 30 days shall be resolved by a nationally recognized expert in the relevant area with no material relationship with Purchaser, Seller or their Affiliates (the “Tax Referee”), chosen and mutually acceptable to both Purchaser and Seller within five days of the date on which the need to choose the Tax Referee arises. The Tax Referee shall resolve any disputed items within 30 days of having the item referred to it pursuant to such procedures as it may require. The costs, fees and expenses of the Tax Referee shall be borne equally by Purchaser and Seller.

Appears in 2 contracts

Samples: Acquisition Agreement (Symantec Corp), Acquisition Agreement (Verisign Inc/Ca)

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Certain Disputes. Disputes that arise under this Article VII 8 (other than a dispute governed by Section 8.06(a)) and are not resolved by mutual agreement within 30 thirty (30) days shall be resolved by a nationally recognized expert in the relevant area with no material relationship with PurchaserBuyer, Seller or their Affiliates (the “Tax Referee”), chosen and mutually acceptable to both Purchaser Buyer and Seller within five (5) days of the date on which the need to choose the Tax Referee arises. The Unless otherwise provided under this Agreement, the Tax Referee shall resolve any disputed items within 30 thirty (30) days of having the item referred to it pursuant to such procedures as it may require. The costs, fees and expenses of the Tax Referee shall be borne equally by Purchaser Buyer and Seller.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (NGL Energy Partners LP)

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Certain Disputes. Disputes that arise arising under this Article VII Section 5.08 and are not resolved by mutual agreement within 30 days shall be resolved by a nationally recognized expert in the relevant area an accounting firm with no material relationship with Purchaser, Seller or their respective Affiliates (the “Tax Accounting Referee”), chosen and mutually acceptable to both Purchaser and Seller within five days of the date on which the need to choose the Tax Accounting Referee arises. The Tax Accounting Referee shall resolve any disputed items within 30 days of having the item referred to it pursuant to such procedures as it may require. The costs, fees and expenses of the Tax Accounting Referee shall be borne equally by Purchaser and Seller.

Appears in 1 contract

Samples: Purchase Agreement (Oxford Immunotec Global PLC)

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