Examples of Determining Accountants in a sentence
The Determining Accountants shall consider only the items in dispute and shall be instructed to act within thirty (30) days (or such longer period as Seller and the Buyer may agree) to resolve all claims and dispute.
Each of the Purchaser and the Controlling Shareholders shall submit to the Determining Accountants a form of determination, stating completely and in detail the determination sought by such party with respect to each item in dispute (the "Form of Determination").
The Determining Accountants shall be instructed to render its decision in accordance with the terms hereof, including GAAP.
The Determining Accountants shall make its determination regarding such dispute or disagreement within 30 days after the date upon which Seller or Buyer submits the dispute or disagreement to the Determining Accountants, and in that undertaking shall not be required to follow any particular procedure but shall proceed in a manner designed to achieve a speedy and economic resolution of the dispute.
The Determining Accountants shall act as an arbitrator to determine and resolve such dispute or disagreement based on the presentations by Seller, Buyer and their respective representatives and in accordance with the terms of this Agreement.
If the Purchaser and the Controlling Shareholders are unable to resolve the dispute within thirty (30) days after notice of dispute has been received by the Purchaser, then the dispute shall be referred for resolution to a mutually agreed upon "big-four" accounting firm (the "Determining Accountants") as promptly as practicable.
If Seller and the Buyer are unable to reconcile their differences in writing within thirty (30) days after written notice of the exceptions is delivered to the Buyer, the items in dispute shall be submitted to a mutually acceptable accounting firm for final determination (the “Determining Accountants”) and the EBITDA shall be deemed adjusted in accordance with the determination of the Determining Accountants and shall become final and conclusive upon all parties hereto.
Even three decades ago, Food Policy Analysis pointed out the sharp disparity in alterna- tive ways to value food: its value in use (for nutrition) often diverged sharply from its value in exchange (in mar- kets) (Timmer, Falcon and Pearson 1983).
In so acting, the Determining Accountants shall be an expert and not an arbitrator.
The Determining Accountants' discretion to make its decision with respect to any item in dispute shall be limited to accepting, without modification, the Form of Determination submitted by either the Purchaser or the Controlling Shareholders.