Big Five definition

Big Five accounting firm ("Approved Accounting Firm") certifying that the Defeasance Collateral will generate monthly amounts equal to or greater than the Scheduled Defeasance Payments;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Big Five means the listing of the largest certified public accounting firms currently comprised of Arth▇▇ ▇▇▇e▇▇▇▇, ▇▇▇▇▇ & ▇oun▇, ▇▇MG, Deloitte and Touche, and Price Waterhouse Coopers, or any similar listing as may be expanded or reduced in the future.

Big Five accounting firms or their successors: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, ▇▇▇▇▇ & ▇▇▇▇▇ LLP, KPMG Peat Marwick, Deloitte & Touche LLP, and PricewaterhouseCoopers LLP.

Examples of Big Five in a sentence

• In addition, on or before March 31 of each year, commencing March 31 following the Base Year, Tenant shall deliver to Landlord a statement setting forth the Total Hotel Sales for such preceding Fiscal Year, together with an audit of Total Hotel Sales for the preceding Fiscal Year, conducted by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, or another so-called "Big Five" firm of independent certified public accountants proposed by Tenant and approved by Landlord (which approval shall not be unreasonably withheld or delayed).

• If the Board of Directors and the Requisite Warrant Holders are unable to reach such agreement within a reasonable period, the fair value of such consideration shall be determined by an independent investment bank or a "Big Five" independent public accounting firm, in either case of nationally recognized standing in the valuation of businesses similar to the business of the Corporation, which shall be mutually acceptable to the Corporation and such holders.

• If such persons cannot agree within thirty (30) days from the date of written objection, the items on which agreement has not been reached shall be submitted to the Tampa, Florida office of PricewaterhouseCoopers (or other agreed upon independent "Big Five" accounting firm) for a resolution of such items and whose decision shall be final and binding on all parties.

• If the parties cannot agree on an arbitrator, then the parties shall list the "Big Five" accounting firms (other than the Company's auditors) in alphabetical order and the first firm that does not have a conflict of interest and is willing to serve will be selected as the arbitrator.

• In the event of such termination, the Company shall promptly thereafter engage another "Big Five" national accounting firm as its independent public accountants.

More Definitions of Big Five

Big Five accounting firm acceptable to the Buyer and the Seller (the "Independent Accountant") will review the disputed item(s) on the Audited Statement of Net Working Capital together with the documentation provided by the Buyer and the Seller supporting their respective positions in the dispute, which referral shall be made to such Independent Accountant not more than ten (10) days following the expiration of the said thirty (30) day period. The final determination of such disputed item(s) by the Independent Accountant shall be made within sixty (60) days following the Parties' referral thereof to the Independent Accountant, which determination shall be reflected on the Audited Statement of Net Working Capital and shall be final and binding on the Parties for all purposes and all references to "Audited Statement of Net Working Capital" elsewhere in this Agreement shall be deemed to refer to the Audited Statement of Net Working Capital as modified by the Independent Accountant. The fees and expenses of the Independent Accountant shall be allocated between the Buyer and the Seller by the Independent Accountant in proportion to the extent that, on a dollar-weighted basis, either Party did not prevail on items in dispute, provided, however, that such fees and expenses shall not include, so long as a Party complies with the procedures of this Section 2(f), the other Party's outside legal, accounting or other fees. All determinations by the Independent Accountant shall be final, conclusive and binding upon the Parties with respect to the Audited Statement of Net Working Capital and the allocation of fees and expenses.

Big Five independent public accounting firm, in form and substance satisfactory to the Investor, addressed to the Investor and dated as of the Effective Date or the filing date of any Current Report on Form 8-K incorporated by reference into the Registration Statement, if such report contains substantial financial information, (i) confirming that they are independent auditors within the meaning of the Securities Act and are in compliance with the applicable requirements relating to the qualification of accountants under Rule 2-01 of Regulation S-X of the Commission and (ii) stating, as of the Effective Date or filing date, as applicable, the conclusions and findings of such firm with respect to the financial information and other matters ordinarily covered by accountants' "comfort letters" to underwriters in connection with registered public offerings included in the Registration Statement on Form 8-K, as applicable.

Big Five public accounting firm not affiliated with any Party.Young whose fees shall be split evenly between the Parties.

Big Five accounting firm with respect to Parent's "all earnings and profits amount" (as defined in Treas. Reg. Section 1.367(b)-2(d) for purposes of the computation required by Treas. Reg. Section 1.367(b)-3) that enables Parent reasonably to conclude that the "all earnings and profits amount" that may be includible as a result of such domestication by United States persons that are shareholders of Parent should not have substantially adverse United States federal income tax consequences to such persons.

Big Five accounting firm reasonably acceptable to the Lender to serve as its outside auditor if, and only if, Lender so requires pursuant to written notice provided to Borrower;

Big Five means the listing of the largest certified public accounting firms currently comprised of Arthur Andersen, Ernst & Young, KPMG, Deloitte and Touche, and Price Waterhouse Coopers, or any similar listing as may be expanded or reduced in the future.

Big Five independent public accounting firm, delivered to the Investor within 45 days of the end of each of the Company's fiscal quarters (other than the fourth fiscal quarter) in conjunction with such accounting firm's issuance to the Company of a SAS No. 71 review report with respect to each of the Company's quarterly financial statements.