Examples of Determining Accountant in a sentence
If the Determining Accountant determines that the ADSI Net Revenues equal or exceed, or are not less than ninety seven and one-half percent (97.5%) of, the ADSI Net Revenues initially determined by the Accountants, the ADSI Stockholders shall pay the cost of the Determining Accountant; otherwise, KDTI shall pay the cost of the Determining Accountant.
The Determining Accountant shall also make any other changes to the Financial Statements that are necessary or appropriate for a consistent presentation thereof in light of its determination of the issues presented for resolution.
Any disputes will be resolved by the Determining Accountant in the manner set forth herein.
If the Principal Shareholders give Buyer such notice of objection within such thirty (30) day period, the Principal Shareholders, either jointly or severally, may request that the amounts and the calculation be verified by an internationally recognized accountant ("Determining Accountant"), proposed by them and subject to the approval of Buyer in its sole and absolute discretion.
If no agreement is reached between them within twenty (20) business days after the date on which KDTI gave its notice of disagreement, then the Determining Accountant shall be appointed by the Accountants and the Present Accountants within seven (7) business days thereafter with instructions to resolve the disagreement and provide a report of its determination of the amounts in dispute within thirty (30) business days of its appointment.
If no agreement is reached between them within ten (10) 18 27 business days after the date on which the ADSI Stockholders' Agent gave its notice of disagreement, then the Determining Accountant shall be appointed by the Accountants and the Present Accountants within seven (7) business days thereafter with instructions to resolve the disagreement and provide a report of its determination of ADSI Net Revenues within thirty (30) business days of its appointment.
All determinations by the Present Accountants shall be subject to review by the Accountants and any disputes will be resolved by the Determining Accountant in the manner set forth herein.
Within the later of (i) ninety (90) days from the end of each Earnout Year, or (ii) if applicable, fifteen (15) days of the decision by the Determining Accountant pursuant to Section 1.5 with respect to such Earnout Year, the Buyer shall pay to each of the Australian Shareholders in cash the amount equal to the product equal to (x) the aggregate Australian Earnout Amount for such Earnout Year times (y) such Australian Shareholder's Percentage.
Such decision of the Determining Accountant shall be binding upon the ADSI Stockholders, KDTI, and KDTI-NY.
Within the later of (i) ninety (90) days from the end of each Earnout Year, or (ii) if applicable, fifteen (15) days of the decision by the Determining Accountant pursuant to Section 1.5 with respect to such Earnout Year, the Buyer shall pay to each of the Japanese Shareholders in cash the amount equal to the product equal to (x) the aggregate Japanese Earnout Amount for such Earnout Year times (y) such Japanese Shareholder's Percentage.