THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District. Applicant will be solely responsible for the payment of Consultant’s fees up to Six Thousand Dollars ($6,000.00) for each year before and after the Tax Limitation Period and (ii) Twelve Thousand Dollars ($12,000.00) for each year during the Limitation Period. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District and with Applicant’s consent, which consent shall not be unreasonably withheld, delayed or conditioned. Applicant will be solely responsible for the payment of Consultant’s fees up to Six Thousand Five Hundred Dollars, ($6,500.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available.
THIRD PARTY CALCULATIONS. All calculations made pursuant to Section 4.2 of this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District, subject to approval by Applicant in writing, which approval shall not unreasonably be withheld, conditioned or delayed. Applicant will be solely responsible for the payment of Consultant’s fees up to Six Thousand Dollars ($6,000.00) for each year before and after the Tax Limitation Period and (ii) Twelve Thousand Dollars ($12,000.00) for each year during the Limitation Period. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District. Applicant will be solely responsible for the payment of Consultant’s fees up to Seven Thousand Dollars ($7,000.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available. The District agrees that the Consultant selected by the District shall be either XxXxxxxx & Xxxxx, LLC or Xxxx Xxxxx & Associates. If the District desires to select a Third Party other than XxXxxxxx & Xxxxx, LLC or Xxxx Xxxxx & Associates, such selection must receive the Applicant’s consent, which consent shall not be unreasonably withheld, delayed, or conditioned.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by either RM School Finance Consulting or Xxxx Xxxxx & Associates (“Consultant”), one of which will be selected by the District. Any consultant other than RM School Finance Consulting or Xxxx Xxxxx & Associates may only be selected by the District, with Applicant’s consent, which consent shall not be unreasonably withheld, delayed, or conditioned. Applicant will be solely responsible for the payment of Consultant’s fees up to Six Thousand Five Hundred Dollars, ($6,500.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District and approved by the Applicant with such approval to not be unreasonably withheld, conditioned or delayed. Applicant will be solely responsible for the payment of Consultant’s fees up to Seven Thousand Dollars ($7,000.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available. The District agrees that the Consultant selected by the District shall be either XxXxxxxx & Xxxxx, LLC or Xxxx Xxxxx & Associates. If the District desires to select a Third Party other than XxXxxxxx & Xxxxx, LLC or Xxxx Xxxxx & Associates, such selection must receive the Applicant’s consent, which consent shall not be unreasonably withheld, delayed, or conditioned.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District, with Applicant’s consent, which consent shall not be unreasonably withheld, delayed, or conditioned. If a Consultant cannot be agreed to by the Parties, one shall be selected by the senior state district court judge of a court in the judicial district where the District’s central administrative office is located. Applicant will be solely responsible for the payment of Consultant’s fees up to Six Thousand Five Hundred Dollars, ($6,500.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available.
THIRD PARTY CALCULATIONS. All calculations made pursuant to Section 4.2 of this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District subject to approval by Applicant, which approval shall not unreasonably be withheld, conditioned or delayed. Applicant will be solely responsible for the payment of Consultant’s fees up to Six Thousand Dollars ($6,000.00) for each year before and after the Tax Limitation Period and (ii) Twelve Thousand Dollars ($12,000.00) for each year during the Limitation Period. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available. Notwithstanding anything else herein, if Applicant makes a payment pursuant to this Agreement and the Consultant thereafter makes an adjustment to the calculation on which such payment was based to reflect actual data or for other reasons, and the new calculation results in a change in any amount paid or payable by the Applicant under this Agreement, the Party from whom the resulting adjustment is payable shall remit such amount to the other Party within thirty (30) days of the receipt of the new calculations from the Consultant; provided further, if the Applicant disagrees with any calculation adjustment by the Consultant the Applicant shall have the right to appeal such calculation adjustment in accordance with the procedures set forth in Section 4.9.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District. The District agrees that the Consultant selected by the District shall either (i) have at least three (3) years of experience in calculating amounts owed under value limitation agreements under Applicable School Finance Law or (ii) be approved by Applicant with Applicant’s approval not to be unreasonably withheld, conditioned, or delayed. Applicant will be solely responsible for the payment of Consultant’s fees up to Seven Thousand Dollars, ($7,000.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available.
THIRD PARTY CALCULATIONS. All calculations made pursuant to this Agreement shall be verified annually by one or more independent third parties (“Consultant”) selected by the District. The District agrees that the Consultant selected by the District shall either (i) have at least three (3) years of experience in calculating amounts owed under value limitation agreements under Applicable School Finance Law or (ii) be approved by Applicant with Applicant’s approval not to be unreasonably withheld, conditioned, or delayed. Applicant will be solely responsible for the payment of Consultant’s fees up to Seven Thousand Dollars, ($7,000.00) for the first year of this Agreement. This amount may be increased each year of this Agreement by not more than five percent (5%) from the prior year. All calculations shall initially be based upon good-faith estimates using all available information and shall be adjusted to reflect “near final” or “actual” data for the applicable year as the data becomes available. To the extent not inconsistent with Applicable School Finance Law, all calculations made by the Consultant under this Agreement shall be made by a methodology which isolates only the revenue impact caused by this Agreement.
