Resolution of Audit Disputes Sample Clauses

Resolution of Audit Disputes. (a) If the Stockholders dispute the amount of the Closing Combined Net Worth set forth on the Closing Combined Balance Sheet pursuant to Section 2.2(c) or the amount of the APP as determined by Buyer pursuant to Section 2.1(iv), they shall so notify Buyer within twenty (20) days after the date upon which the Stockholders shall have received such Balance Sheet or the Related APP Financials, specifying in detail the points of disagreement and demand a review (the "Review"). Buyer shall promptly consult with Stockholders with respect to such points of disagreement in an effort to resolve such disputes. If any such dispute cannot be resolved by Buyer and Stockholders within five (5) business days after Buyer receives notice from Sellers of the existence of such dispute, GLM Financial Group Ltd., the accountants for the Stockholders ("Stockholders' Accountants"), and Deloitte & Touche LLP, the accountants for the Buyer ("Buyer's Accountants"), shall jointly select a firm of independent public accountants which has not performed any services since January 1, 1993 for any of Buyer, Battery Network , the Merged Companies, WSB, Xxxxxx, Enterprises, the Stockholders, WS Senior, Xxxxxxx Xxxx or any of their affiliates to act as an arbitrator (the "Arbitrator") to determine all points of remaining disagreement with respect to such disputed items. All determinations made by the Arbitrator shall be final, conclusive and binding with respect to such disputed items on the Closing Date.
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Resolution of Audit Disputes. 12 1.8 Access to Books and Records........................................ 12 1.9
Resolution of Audit Disputes. Buyer shall have forty-five (45) days to review the proposed Closing Date Working Capital Statement and to notify Seller of any disputes Buyer may have relating to the proposed Closing Date Working Capital Statement. Buyer's notice to Seller of any dispute shall specify in reasonable detail all points of disagreement and demand that a review of such dispute (a "REVIEW") be conducted by Buyer's Accountant and
Resolution of Audit Disputes. 8 ARTICLE III -
Resolution of Audit Disputes. Buyer and Buyer's Accountant shall have sixty (60) days to review the proposed Closing Balance Sheet and the related report prepared by Seller's Accountant and to notify Seller of any disputes Buyer may have relating to the proposed Closing Balance Sheet. Buyer's notice to Seller of any dispute shall specify in reasonable detail all points 12 of disagreement and demand that a review of such dispute (a "REVIEW") be conducted. Buyer and Seller shall promptly cause Buyer's Accountant and Seller's Accountant to consult with respect to such points of disagreement in an effort to resolve all disputes. If Buyer's Accountant and Seller's Accountant are unable to resolve such disputes within forty-five (45) days of Seller's receipt of notice of a Review, Buyer's Accountant and Seller's Accountant shall jointly select the Miami office of a firm of "Big Six" independent public accountants which has not performed any service since January 1, 1996, for Buyer or Seller or any of their respective Affiliates to act as arbitrator (the "ARBITRATOR"). The Arbitrator, within thirty (30) days after having been selected hereunder, shall decide all remaining points of disagreement with respect to any such proposed Closing Balance Sheet and deliver a written notice of its determination of the disputed items to Buyer and Seller. In making its determinations, the Arbitrator may not assign a value to any item in dispute higher than the highest value for such item claimed by either party or less than the lowest value claimed for such item by either party. All decisions of the Arbitrator shall be final, conclusive and legally binding on all parties hereto with respect to the Closing Balance Sheet. The party whose calculations were furthest from the final determinations of the Arbitrator shall pay the fees and expenses of the Arbitrator and the entire expenses of the legal counsel and accountants for both parties.
Resolution of Audit Disputes. Any disputes arising out of audits shall be addressed promptly by the Management Committee at a meeting called for such purpose. If the Management Committee fails to resolve such dispute to the satisfaction of all Parties, then the Parties shall be left with all their remedies at law and equity and all of their remedies under this Agreement. All written exceptions to the independent audit shall be made within the 12-month period after the auditor's report for the period under examination is made available to the Parties.

Related to Resolution of Audit Disputes

  • Audit Dispute In the event of a dispute with respect to any audit, Caribou and AbbVie shall work in good faith to resolve the disagreement. If the Parties are unable to reach a mutually acceptable resolution of any such dispute within [***] days, the dispute shall be submitted for resolution to a certified public accounting firm jointly selected by each Party’s certified public accountants or to such other Person as the Parties shall mutually agree (the “Audit Arbitrator”). The decision of the Audit Arbitrator shall be final and the costs of such arbitration as well as the initial audit shall be borne between the Parties in such manner as the Audit Arbitrator shall determine. Not later than [***] days after such decision and in accordance with such decision, the audited Party shall pay the additional amounts, with interest from the date originally due, or the auditing Party shall reimburse the excess payments, as applicable.

  • Resolution of Disputes Any dispute or disagreement which may arise under, or as a result of, or in any way related to, the interpretation, construction or application of this Agreement shall be determined by the Committee. Any determination made hereunder shall be final, binding and conclusive on the Grantee and the Company for all purposes.

  • Resolution of Dispute Any dispute regarding this Agreement (including without limitation its validity, interpretation, performance, enforcement, termination and damages) shall be determined in accordance with the laws of the State of California, the United States of America. Any action under this paragraph shall not preclude any party hereto from seeking injunctive or other legal relief to which each party may be entitled.

  • Payment Disputes In the event of any dispute with respect to any payment hereunder, Producer shall make timely payment of all undisputed amounts, and Gatherer and Producer will use good faith efforts to resolve the disputed amounts within 60 Days following the original due date. Any amounts subsequently resolved shall be due and payable within ten Days of such resolution.

  • GOVERNING LAW; DISPUTES SUBMITTED TO ARBITRATION All disputes arising under this agreement shall be governed by and interpreted in accordance with the laws of the Commonwealth of Massachusetts, without regard to principles of conflict of laws. The parties to this agreement will submit all disputes arising under this agreement to arbitration in Boston, Massachusetts before a single arbitrator of the American Arbitration Association (“AAA”). The arbitrator shall be selected by application of the rules of the AAA, or by mutual agreement of the parties, except that such arbitrator shall be an attorney admitted to practice law in the Commonwealth of Massachusetts. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section. Nothing contained herein shall prevent the party from obtaining an injunction.

  • Governing Law; Resolution of Disputes This Agreement and the rights and obligations hereunder shall be governed by and construed in accordance with the laws of the State of Wisconsin. Any dispute arising out of this Agreement shall, at the Executive’s election, be determined by arbitration under the rules of the American Arbitration Association then in effect (in which case both parties shall be bound by the arbitration award) or by litigation. Whether the dispute is to be settled by arbitration or litigation, the venue for the arbitration or litigation shall be Milwaukee, Wisconsin or, at the Executive’s election, if the Executive is not then residing or working in the Milwaukee, Wisconsin metropolitan area, in the judicial district encompassing the city in which the Executive resides; provided, that, if the Executive is not then residing in the United States, the election of the Executive with respect to such venue shall be either Milwaukee, Wisconsin or in the judicial district encompassing that city in the United States among the thirty cities having the largest population (as determined by the most recent United States Census data available at the Termination Date) which is closest to the Executive’s residence. The parties consent to personal jurisdiction in each trial court in the selected venue having subject matter jurisdiction notwithstanding their residence or situs, and each party irrevocably consents to service of process in the manner provided hereunder for the giving of notices.

  • Mediation of Disputes The parties shall endeavor in good faith to settle within 90 days any controversy or claim arising out of or relating to this Agreement or the breach thereof through mediation with JAMS, Endispute or similar organizations. If the controversy or claim is not resolved within 90 days, the parties shall be free to pursue other legal remedies in law or equity.

  • Governing Law Disputes Arbitration (a) This Agreement is governed by and is to be construed, administered and enforced in accordance with the laws of the State of Delaware, without regard to the conflict of laws principles thereof. If under such law, any portion of this Agreement is at any time deemed to be in conflict with any applicable statute, rule, regulation, ordinance or principle of law, such portion shall be deemed to be modified or altered to the extent necessary to conform thereto or, if that is not possible, to be omitted from this Agreement; and the invalidity of any such portion shall not affect the force, effect and validity of the remaining portion hereof.

  • Governing Law; Disputes In view of the fact that: (i) the Purchaser was formed pursuant to the laws of the State of New York; (ii) the Company was formed pursuant to the laws of the State of Delaware ; (iii) the principal place of business of the Purchaser is located in the State of New York; (iv) the principal place of business of the Company is located in the State of Arizona; (v) the Purchaser does business throughout the United States; (vi) the Company contemplates doing business in North Dakota and other states; (vii) the principal place of business of the Escrow Agent is located in the State of New York; and (viii) all services pursuant to this Escrow Agreement will be performed in the State of New York, in order to avoid the question of which state law shall be applicable, the Parties agree that: This Escrow Agreement shall in all respects be construed, governed, applied and enforced in accordance with the laws of the State of New York and be deemed to be an agreement entered into in the State of New York and made pursuant to the laws of the State of New York, without giving effect to the principles of conflicts of law. Moreover, the Parties agree that pursuant to Section 5-1401 of the General Obligations Law of New York, if applicable, this Escrow Agreement shall in all respects be construed, governed, applied and enforced in accordance with the laws of the State of New York and be deemed to be an agreement entered into in the State of New York and made pursuant to the laws of the State of New York, without giving effect to the principles of conflicts of law. The Parties hereby consent to and submit to the exclusive jurisdiction of the courts of the State of New York, County of New York, as properly having venue in any action or proceeding in relation to this Escrow Agreement. The Parties hereby waive personal service of any and all process and specifically consent that in any such action or proceeding brought in the courts of the State of New York, County of New York, any service of process may be effectuated upon any of them by certified mail, return receipt requested. Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. The parties hereby knowingly, voluntarily and intentionally waive (to the extent permitted by applicable law) any right he, she or it may have to a trial by jury of any dispute arising under or relating to this Escrow Agreement and agree that any such dispute shall, at the option of any party, be tried before a judge sitting without a jury.

  • Full Settlement; Resolution of Disputes (a) The Company's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and, except as provided in Section 6(a)(ii), such amounts shall not be reduced whether or not the Executive obtains other employment. The Company agrees to pay promptly as incurred, to the full extent permitted by law, all legal fees and expenses which the Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, the Executive or others of the validity or enforceability of, or liability under, any provision of this Agreement or any guarantee of performance thereof (including as a result of any contest by the Executive about the amount of any payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the Code.

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