Designated Accountants definition
Examples of Designated Accountants in a sentence
The Executive shall file his tax returns in consistent with the determinations of the Designated Accountants under this Section 14.
If the Designated Accountants determine that no excise tax is payable by the Executive, they shall furnish the Executive a written opinion that failure to report the excise tax on the Executive’s applicable federal income tax return would not result in the imposition of a negligence or similar penalty.
The Company shall bear all costs the Designated Accountants may reasonably incur in connection with any calculations contemplated by this Section 3.11.
Any payment to be made as the result of any dispute resolved by arbitration hereunder shall be due on the later of (i) the date on which payments are due in connection with the Final Settlement Statement as provided in Section 9.1, or (ii) the fifth (5th) Business Day after the Designated Accountants or the arbitrators render their decision.
The Designated Accountants shall observe the physical count and perform such audit procedures as they deem necessary to enable them to audit the Closing Date Balance Sheet.