Common use of Fees and Expenses of Independent Accounting Firm Clause in Contracts

Fees and Expenses of Independent Accounting Firm. The fees, costs and expenses of the Independent Accounting Firm shall be borne by either Parent or the Transferors as follows: (i) if the Independent Accounting Firm determines that the Final Adjustment Amount is more than five percent (5%) greater or lower than the Adjustment Amount determined by Parent, then Parent shall bear the fees, costs and expenses of the Independent Accounting Firm, and (ii) if the Independent Accounting Firm determines that the Final Adjustment Amount is less than five percent (5%) greater or lower than the Adjustment Amount determined by Parent, then the Transferors shall bear the fees, costs and expenses of the Independent Accounting Firm through the payment of such fees, costs and expenses by Parent.

Appears in 2 contracts

Samples: Asset Contribution Agreement (SFX Entertainment, INC), Asset Contribution Agreement (SFX Entertainment, INC)

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Fees and Expenses of Independent Accounting Firm. The fees, costs and expenses of the Independent Accounting Firm shall be borne by either Parent or the Transferors Transferor as follows: (i) if the Independent Accounting Firm determines that the Final Adjustment Amount is more than five percent (5%) greater or lower than the Adjustment Amount determined by Parent, then Parent shall bear the fees, costs and expenses of the Independent Accounting Firm, and (ii) if the Independent Accounting Firm determines that the Final Adjustment Amount is less than five percent (5%) greater or lower than the Adjustment Amount determined by Parent, then the Transferors Transferor shall bear the fees, costs and expenses of the Independent Accounting Firm through the payment of such fees, costs and expenses by Parent.

Appears in 2 contracts

Samples: Asset Contribution Agreement (SFX Entertainment, INC), Asset Contribution Agreement (SFX Entertainment, INC)

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