Dispute Letter definition
Examples of Dispute Letter in a sentence
If Contractor provides a timely Dispute Letter, Owner shall submit the dispute to arbitration pursuant to Article 8.
Items not included in the Dispute Letter may not be disputed by Sellers' Representative.
The Dispute Letter (and the Exhibits A, B and C thereto) reflected an adjustment (reduction) to the Estimated Purchase Price ($149,100,000) in the amount of $1,974,552, which amount plus interest thereon of $53,489 was paid by the Seller to the Buyer by wire transfer of $2,028,041 on or about June 11, 1999.
If Sellers deliver to Buyer a Dispute Letter setting forth any such objections within such fifteen day period, Buyer and Sellers shall promptly attempt to resolve the matters set forth in such Dispute Letter.
The Buyer and the Seller acknowledge their having differences with respect to the Closing Net Operating Assets Statement delivered by the Buyer to the Seller on May 19, 1999, and disputed by the Seller in its letter to the Buyer, dated June 11, 1999 (the "Dispute Letter").
Sellers' Representative may dispute any amounts reflected on the Draft Closing Balance Sheet by notifying Buyer in writing of each disputed item, specifying the amount thereof in dispute and setting forth, in reasonable detail, the basis for such dispute, within fifteen (15) Business Days of Buyer's delivery of the Draft Closing Balance Sheet to Sellers' Representative (the "Dispute Letter").
Following delivery of the Dispute Letter, the CDM Holder and the CO Purchaser shall attempt promptly to resolve such disagreement in good faith.
Sellers' Representative shall give Buyer and its representatives access to any nonproprietary notes, workpapers, drafts or other materials used by Sellers' Representative or its representatives in connection with the preparation of the Dispute Letter.
If Buyer and Sellers fail to reach an agreement with respect to such matters on or before the fifteenth day after receipt by Buyer of a Dispute Letter, then as to any matter(s) in dispute, Buyer or Sellers may submit any matter(s) in dispute set forth in the Dispute Letter to a mutually acceptable certified public accountant at a "Big 6" accounting firm located in Nashville, Tennessee for resolution.
If Owner disputes the assertions in the Failure to Cure Letter, Owner shall provide written notification to Contractor of such dispute within fifteen (15) days of the date of the Failure to Cure Letter ("Dispute Letter").