Examples of Designated Accounting Firm in a sentence
The fees and expenses of the Designated Accounting Firm shall be allocated between Buyer, on the one hand, and Seller, on the other hand, based upon the percentage which the portion of the contested amount not awarded to each party bears to the amount actually contested by such party.
If Seller and Buyer cannot resolve any disputed item with respect to any such Tax Return within a period of ten (10) days following the receipt of a written notice of such disputed item(s) pursuant to Section 8.6.2(a), the item in question shall be resolved by the Designated Accounting Firm as promptly as practicable in accordance with the procedures set forth in Section 2.5.3, whose determination shall be final and conclusive for purposes of this Section 8.6.2(b).
The Designated Accounting Firm shall have the power, authority and duty to resolve any outstanding objections of the Seller.
Within twenty (20) days of the appointment of the Designated Accounting Firm, the Seller and the Purchaser shall each submit to the Designated Accounting Firm a written statement setting forth their respective positions, including any and all matters which remain in dispute.
If the Seller and the Purchaser cannot agree on a Designated Accounting Firm within ten (10) Business Days, then Deloitte & Touche LLP shall be the Designated Accounting Firm.