Common use of Fees of the Independent Accountants Clause in Contracts

Fees of the Independent Accountants. Buyer shall pay a portion of the fees and expenses of the Independent Accountant equal to 100% multiplied by a fraction, the numerator of which is the amount of Disputed Amounts submitted to the Independent Accountant that are resolved in favor of Seller (i.e., the difference between the Independent Accountant’s determination and Buyer’s determination) and the denominator of which is the total amount of Disputed Amounts submitted to the Independent Accountant (i.e., the sum total by which Seller’s determination and Buyer’s determination differ from the determination of the Independent Accountant). Seller shall pay that portion of the fees and expenses of the Independent Accountant that Buyer is not required to pay under this paragraph.

Appears in 4 contracts

Samples: Purchase Agreement (ARC Group Worldwide, Inc.), Purchase Agreement (ARC Group Worldwide, Inc.), Purchase Agreement

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Fees of the Independent Accountants. Buyer Purchaser shall pay a portion of the fees and expenses of the Independent Accountant equal to one hundred percent (100% %) multiplied by a fraction, the numerator of which is the amount of Disputed Amounts disputed amounts submitted to the Independent Accountant that are resolved in favor of Seller (i.e., that being the absolute value of the difference between the Independent Accountant’s Accountants’ determination and BuyerPurchaser’s determination) and the denominator of which is the total amount of Disputed Amounts disputed amounts submitted to the Independent Accountant Accountants (i.e., that being the sum total by which Seller’s determination and BuyerPurchaser’s determination differ from the determination of the Independent AccountantAccountants). Seller shall pay that portion of the fees and expenses of the Independent Accountant Accountants that Buyer the Purchaser is not required to pay under this paragraphhereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (GenOn Energy, Inc.)

Fees of the Independent Accountants. Buyer Sellers shall pay a portion of the fees and expenses of the Independent Accountant Accountants equal to 100% multiplied by a fraction, the numerator of which is the amount of Disputed Amounts submitted to the Independent Accountant Accountants that are resolved in favor of Seller Buyer (i.e., that being the difference between the Independent Accountant’s Accountants’ determination and BuyerSellers’ Representative’s determination) and the denominator of which is the total amount of Disputed Amounts submitted to the Independent Accountant Accountants (i.e., that being the sum total by which SellerBuyer’s determination and BuyerSellers’ Representative’s determination differ from the determination of the Independent AccountantAccountants). Seller Buyer shall pay that portion of the fees and expenses of the Independent Accountant Accountants that Buyer is Sellers are not required to pay under this paragraphhereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Techne Corp /Mn/)

Fees of the Independent Accountants. Buyer Purchaser shall pay a portion of the fees and expenses of the Independent Accountant equal to one hundred percent (100% %) multiplied by a fraction, the numerator of which is the amount of Disputed Amounts disputed amounts submitted to the Independent Accountant that are resolved in favor of Seller Sellers (i.e., that being the absolute value of the difference between the Independent Accountant’s Accountants’ determination and BuyerPurchaser’s determination) and the denominator of which is the total amount of Disputed Amounts disputed amounts submitted to the Independent Accountant Accountants (i.e., that being the sum total by which SellerSeller Representative’s determination and BuyerPurchaser’s determination differ from the determination of the Independent AccountantAccountants). Seller Sellers shall pay that portion of the fees and expenses of the Independent Accountant Accountants that Buyer the Purchaser is not required to pay under this paragraphhereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Talen Energy Supply, LLC)

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Fees of the Independent Accountants. Buyer Seller shall pay a portion of the fees and expenses of the Independent Accountant Accountants equal to 100% the total amount of such fees multiplied by a fraction, the numerator of which is the amount of Disputed Amounts submitted to the Independent Accountant Accountants that are resolved in favor of Seller Purchaser (i.e., that being the difference between the Independent Accountant’s Accountants’ determination and BuyerSeller’s determination) and the denominator of which is the total amount of Disputed Amounts submitted to the Independent Accountant Accountants (i.e., that being the sum total by which SellerPurchaser’s determination and BuyerSeller’s determination differ from the determination of the Independent AccountantAccountants). Seller Purchaser shall pay that portion of the fees and expenses of the Independent Accountant Accountants that Buyer Seller is not required to pay under this paragraphhereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crimson Wine Group, LTD)

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