Examples of Accounting Dispute in a sentence
If a Dispute is not an Accounting Dispute (“Other Dispute”), then, subject to Section 12.1, such Other Dispute shall be determined, at the request of either Party, by arbitration conducted in Pittsburgh, Pennsylvania, in accordance with the then-existing Commercial Arbitration Rules of the AAA (the “Rules”), except as modified herein.
If: (i) the Dispute arises out of the determination of any amount under Section 2.1 (relating to a Pre-Spin Tax Return) or Article III (relating to payment of Taxes and other amounts); or (ii) any other Dispute under this Agreement that the Parties agree should be resolved pursuant to this Section 12.2(a) (each, an “Accounting Dispute”), then, subject to Section 12.1, the Parties shall jointly retain an Independent Firm acceptable to the Parties to resolve the Accounting Dispute.
If the Parties cannot agree upon an Independent Firm in accordance with this Section 12.2(a) within ten (10) days from the receipt by a Party of the Dispute Notice relating to such Accounting Dispute, then either Party may request that the American Arbitration Association (“AAA”) appoint a partner in an Independent Firm (other than an accounting firm that is then providing auditing services to any Party).
If a Dispute arises, other than a Dispute with respect to an Accounting Dispute, the Parties will follow the procedures specified in subsections (c) through (e) below.
In the event of an Accounting Dispute, the parties together with KPMG and Arthur Andersex xxxxl attempt to reconcile each Disputed Item, and any resolution by them recorded in writing as to each Disputed Item shall be final, binding and conclusive on them.
In addition to such terms as are defined in Section 13.1, the following terms are used in this Agreement as defined in the Articles or Sections set forth opposite such terms: Defined Term Reference Accounting Dispute Section 2.3(c) Accounting Referee Section 2.3(c) Adjusted Purchase Price Section 2.1 Agreed Amount Section 10.6 Allocated Value Section 8.1(c)(i) Arbol Resources, Inc.