Common Expert definition

Common Expert means an independent investment bank of international repute or an independent law firm or accounting firm of international repute (an “Expert”) selected by the Issuer and the Principal Paying and Conversion Agent by mutual agreement. If the Issuer and the Principal Paying andConversion Agent do not mutually agree on an Expert within 7 (seven) calendar days from the beginning of the appointment process, each of the Issuer and the Principal Paying and Conversion Agent shall select an Expert, whereby the so elected Experts shall select together a third Expert. In case the two selected Experts do not mutually agree on a third Expert within 7 (seven) calendar days after being appointed, each of them shall select another Expert, whereby a Swiss Notary Public appointed by the Principal Paying and Conversion Agent will pick one of these two Experts as third Expert by drawing lots. In the case of the appointment of three Experts references in these Terms to a Common Expert shall be deemed to refer to these three Experts, deciding by majority decision. Decisions of the Common Expert shall be final and binding on the Issuer, the Bondholders and the Principal Paying and Conversion Agent. The Principal Paying and Conversion Agent shall incur no liability against the Issuer or the Bondholders in respect of any action taken, or suffered to be taken, in accordance with such decision and in good faith. The fees and costs of the Common Expert shall be borne by the Issuer.
Sample 1
Common Expert means an independent investment bank of international repute or an independent law firm or accounting firm of international repute (any such bank or firm, an Expert) selected by the Issuer and the Principal Paying and Conversion Agent by mutual agreement; provided, however, that (a) if the Issuer and the Principal Paying and Conversion Agent do not mutually agree on an Expert within seven days after the date on which the appointment process has commenced, each of the Issuer and the Principal Paying and Conversion Agent shall select an Expert, which two Experts so selected shall together by mutual agreement select a third Expert; (b) if the two Experts described in clause (a) of this definition do not mutually agree on a third Expert within seven days after the date on which they have being appointed (or, if appointed on different days, the later of two dates on which each Expert was appointed), (i) each Expert shall select another Expert, and (ii) a Swiss notary public appointed by the Principal Paying and Conversion Agent shall select one of these two Experts to be the third Expert by drawing lots; (c) in the case of the appointment of three Experts pursuant to clause (a) or (b) of this definition, references in these Terms of the MACCS to the “Common Expert” shall be deemed to refer to these three Experts, which Experts shall make decisions by majority decision. Decisions of the Common Expert shall be final and binding on the Issuer, the Guarantor, the Holders and the Principal Paying and Conversion Agent. The Principal Paying and Conversion Agent shall incur no liability against the Issuer or the Guarantor or the Holders in respect of any action taken, or suffered to be taken, in accordance with any decision make by the Common Expert and in good faith. The fees and costs of the Common Expert shall be borne by the Issuer (or, failing which, the Guarantor);
Sample 1Sample 2
Common Expert means an independent investment bank of international repute or a “Big 4” accounting firm of international repute or an independent financial advisor with relevant expertise of international repute (an “Expert”) selected by the Company and the Warrant Holder by mutual agreement. If the Company and the Warrant Holder do not mutually agree on an Expert within seven (7) days from the beginning of the appointment process, each of the Parties shall select an Expert, whereby the so elected Experts shall select together a third Expert. In case the two selected Experts do not mutually agree on a third Expert within seven (7) days after being appointed, each of them shall select another Expert, whereby a Swiss Notary Public appointed by the Warrant Holders will pick one of these two Experts as third Expert by drawing lots. In the case of the appointment of three Experts, references herein to a Common Expert shall be deemed to refer to these three Experts, deciding by majority decision. Decisions of the Common Expert shall be final and binding on the Parties. The fees and costs of the Common Expert shall be borne by the Company;
Sample 1Sample 2

Examples of Common Expert in a sentence

  • The decision of the Common Expert shall be binding as set forth in Condition 18.16.

  • Decisions of the Common Expert shall be final and binding on the Issuer, the Bondholders and the Paying and Conversion Agent.

  • Decisions of the Common Expert shall be final and binding on the Issuer, the Guarantor, the Holders and the Paying and Conversion Agent.

  • This analysis will build the basis for the design of a Common Expert Exchange System and the launch of the first pilot projects to match demand and supply between Member States.Better exchange of available know-how and experiences in managing the Funds should lead to better networking and overall increase of governance in managing the Funds.

  • In the case of the appointment of three Experts, references in these Conditions to a Common Expert shall be deemed to refer to these three Experts, deciding by majority decision.

  • In the case of the appointment of three Experts references in the Terms of the Bonds to a Common Expert shall be deemed to refer to these three Experts, deciding by majority decision.

  • ASTM F2906-13 requires that bedside sleepers are also tested to Consumer Safety Specification ASTM F2194 as the fundamental safety requirements for bedside sleepers.

  • The provision of expert services for drafting STCIN includes participation at the meetings of the Common Expert group on STCIN and remote work at the place of work.

  • The competence centre has launched three initiatives to improve administrative capacity, public procurement and State aid through: additional guidance targeted to common errors; targeted action plans to address the causes of weak administration; setting-up of a Common Expert Exchange System for better sharing the existing expertise and good practices in the programme authorities.

  • Each adjustment to be made pursuant to Conditions 5.1, 5.2 and 5.3 shall be calculated by the Paying and Conversion Agent or Common Expert (as applicable) and shall be (in the absence of manifest error) binding on all parties concerned.


More Definitions of Common Expert

Common Expert means an independent investment bank of international repute or an independent law firm or accounting firm of international repute (an "Expert") selected by the Issuer and the Principal Paying and Conversion Agent by mutual agreement. If the Issuer and the Principal Paying and Conversion Agent do not mutually agree on an Expert within seven (7) days from the beginning of the appointment process, each of the Issuer and the Principal Paying and Conversion Agent shall select an Expert, whereby the so elected Experts shall select together a third Expert. In case the two selected Experts do not mutually agree on a third Expert within seven (7) days after being appointed, each of them shall select another Expert, whereby a Swiss Notary Public appointed by the Principal Paying and Conversion Agent will pick one of these two Experts as third Expert by drawing lots. In the case of the appointment of three Experts references in these Terms to a Common Expert shall be deemed to refer to these three Experts, deciding by majority decision. Decisions of the Common Expert shall be final and binding on the Issuer, the Guarantor, the Bondholders and the Principal Paying and Conversion Agent. The Principal Paying and Conversion Agent shall incur no liability against the Issuer or the Guarantor or the Bondholders in respect of any action taken, or suffered to be taken, in accordance with such decision and in good faith. The fees and costs of the Common Expert shall be borne by the Issuer, failing whom the Guarantor.
Sample 1
Common Expert. ’ means an independent investment bank of international repute or an independent law firm or accounting firm of international repute or an independent financial advisor with relevant expertise of international repute (an ‘‘Expert’’) selected and instructed by the Issuer and the Paying and Conversion Agent by mutual agreement. If the Issuer and the Paying and Conversion Agent do not mutually agree on an Expert within seven (7) calendar days from the beginning of the appointment process, each of the Issuer and the Paying and Conversion Agent shall select an Expert, whereby the so elected Experts shall together select a third Expert. In case the two selected Experts
Sample 1
Common Expert means an independent investment bank of international repute or an independent law firm or accounting firm of international repute or an independent financial advisor with relevant expertise of international repute selected and instructed by the Issuer and UBS AG as Paying and Conversion Agent by mutual agreement.
Sample 1
Common Expert means an independent investment bank of international repute or a “Big 4” accounting firm (an “Expert”) selected by the Issuer in consultation with the Guarantor and the Majority Holders by mutual agreement. If the Issuer and the Majority Holders do not mutually agree on a Common Expert within seven days from the beginning of the appointment process, each of the Issuer and the Majority Holders shall select an Expert, whereby the Experts thus selected shall together select a third Expert. In case the two selected Experts do not mutually agree on a third Expert within seven days after being appointed, each of them shall select another Expert, whereby a Swiss Notary Public appointed by the Majority Holders will pick one of these two Experts as third Expert by drawing lots. In the case of the appointment of three Experts, references in these Conditions to a Common Expert shall be deemed to refer to these three Experts, deciding by majority decision. Decisions of the Common Expert shall be final and binding on the Issuer, the Guarantor, the Holders and the Paying and Conversion Agent. The fees and costs of the Common Expert shall be divided equally among the Issuer and the Holders.
Sample 1

Related to Common Expert

  • Corrosion expert means a person who, by reason of thorough knowledge of the physical sciences and the principles of engineering and mathematics acquired by a professional education and related practical experience, is qualified to engage in the practice of corrosion control on buried or submerged metal piping systems and metal tanks. Such a person must be accredited or certified as being qualified by the National Association of Corrosion Engineers or be a registered professional engineer who has certification or licensing that includes education and experience in corrosion control of buried or submerged metal piping systems and metal tanks.

  • Accounting Referee has the meaning set forth in Section 6.01(c).

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • financial expert means an individual, company or firm who is authorised to give investment advice under the Financial Services and Markets Act 2000;

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Common expense means costs incurred by the association to exercise any of the powers provided for in the association's governing documents.

  • Non-Key Expert(s means an individual professional provided by the Consultant or its Sub-consultant to perform the Services or any part here of under the Contract.

  • Key Expert(s means an individual professional whose skills, qualifications, knowledge and experience are critical to the performance of the Services under the Contract and whose Curricula Vitae (CV)was taken into account in the technical evaluation of the Consultant's proposal.

  • Common expense liability means the liability for common

  • Expert is defined in Section 7.9 of this Agreement.

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • Accounting Firm means a nationally recognized certified public accounting firm or other professional organization that is a certified public accounting firm recognized as an expert in determinations and calculations for purposes of Section 280G of the Code that is selected by the Company prior to a Change in Control for purposes of making the applicable determinations hereunder and is reasonably acceptable to Executive, which firm shall not, without Executive’s consent, be a firm serving as accountant or auditor for the individual, entity or group effecting the Change in Control.

  • Qualified expert means an individual having the knowledge and training to measure ionizing radiation, to evaluate safety techniques, and to advise regarding radiation protection needs, for example, individuals certified in the appropriate field by the American Board of Radiology or the American Board of Health Physics, or those having equivalent qualifications. With reference to the calibration of radiation therapy equipment, an individual having, in addition to the above qualifications, training and experience in the clinical applications of radiation physics to radiation therapy, for example, individuals certified in Therapeutic Radiological Physics or X-Ray and Radium Physics by the American Board of Radiology, or those having equivalent qualifications.

  • Arbiter has the meaning set forth in Section 1.05(d).

  • Independent Accounting Firm has the meaning set forth in Section 2.05(c).

  • Expert Determination has the meaning given to it in Clause 18.3(a) (Expert Determination).

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Neutral Auditor means Ernst & Young or, if Ernst & Young is unable to serve, an impartial nationally recognized firm of independent certified public accountants other than Seller’s accountants or Purchaser’s accountants, mutually agreed to by Purchaser and Seller.

  • Professional experience means the actual and lawful pursuit of the profession concerned;

  • Accounting Reference Date means 31 December of each year.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Approved Appraisal Firm Each of the following firms: Xxxxxxxx Xxxxx, Inc., Duff & Xxxxxx LLC, Lincoln Advisors, Xxxxxx, Xxxxxx and Company and Valuation Research Corporation and (b) each Independent financial adviser of recognized standing retained by the Issuer, the Collateral Manager or the agent or lenders under any Collateral Obligation, as approved by the Collateral Manager.

  • Technical Dispute has the meaning specified in Section 12.2;

  • Audit Committee Financial Expert means a person who has the following attributes: