Examples of Calculation Dispute Notice in a sentence
The Stockholder Representative shall set forth in reasonable detail in the Calculation Dispute Notice the basis for their disagreement with the calculations of the Actual Closing Working Capital.
In resolving any Disputed Calculation Item, the Independent Accountant may not assign a value to any item greater than the greatest value for such item claimed by either party or less than the least value for such item claimed by either party in the Calculation Statement or Calculation Dispute Notice.
If the Stockholder Representative fails to deliver the Calculation Dispute Notice within the allotted time period, the Stockholder Representative, on behalf of the Stockholders, shall be deemed to have agreed to the calculations of the Actual Closing Working Capital prepared by Buyer Accountant, which calculations shall be final, conclusive and binding upon the parties.
If Seller fails to deliver the Calculation Dispute Notice within the allotted time period, Seller shall be deemed to have agreed to the given Calculation delivered by Buyer, which Calculation shall be final, conclusive and binding upon the parties.
If Seller disputes the Calculation within the allotted time period, the parties in good faith will attempt to jointly resolve any dispute during the sixty (60) day period following the delivery of the Calculation Dispute Notice.
If Seller requests such accounts and records and within twenty (20) days after receipt of such accounts and records, objects in writing to Buyer of Buyer's calculation of Revenue (the "Calculation Dispute Notice"), Seller and Buyer shall work together in good faith to reach an agreement on the appropriate Earn Out Payment.
Capitalized terms used in this Agreement have the meanings specified in Schedule 1 to this Agreement.
Seller shall set forth in detail in the Calculation Dispute Notice the basis for its disagreement with such calculation.
If within ten (10) days after Buyer's receipt of the Calculation Dispute Notice the parties have not reached an agreement, the parties shall engage an arbitrator experienced in the Business and in earn out calculations who shall calculate the Revenue and determine whether the relevant Earn Out Payment is due.
If Sellers do not deliver an Earnout Calculation Dispute Notice within the Earnout Calculation Review Period, or if Sellers provide written notice to Buyer at any time during the Earnout Calculation Review Period of its agreement with the Earnout Calculation Statement (the “Earnout Calculation Statement Confirmation”) then the amount of the Production Earnout Payment specified in the Earnout Calculation Statement shall be binding on the Parties.