Common use of Responsibility for Calculation Clause in Contracts

Responsibility for Calculation. The Sellers shall be responsible for calculating all prorations under this Section 5.7. Buyer shall have five (5) business days after the receipt of the Sellers' calculation to object to the calculation, or the calculation shall be deemed approved.

Appears in 3 contracts

Samples: Option Agreement (Princeton Review Inc), Option Agreement (Princeton Review Inc), Asset Purchase Agreement (Princeton Review Inc)

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Responsibility for Calculation. The Sellers Seller shall be responsible for calculating all prorations under this Section 5.75.8. Buyer shall have five (5) business days after the receipt of the Sellers' Seller's calculation to object to the calculation, or the calculation shall be deemed approved.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Princeton Review Inc), Option Agreement (Princeton Review Inc)

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