Examples of Disputed Calculation in a sentence
If such Reference Bank or Reference Dealer determines that no quotations are available for a particular Disputed Calculation, then the Calculation Agent's original calculations will be used for that Disputed Calculation.
With respect to each Disputed Calculation, the Determined Values shall be binding on the parties hereto.
In the case of a four-day event, the Minor Directorate may choose to use crossover of 1st vs.
In resolving any Disputed Calculation Item, the Independent Accountant may not assign a value to any item greater than the greatest value for such item claimed by either party or less than the least value for such item claimed by either party in the Calculation Statement or Calculation Dispute Notice.
Nothing herein shall be construed to authorize or permit the Settlement Arbitrator to resolve any specific item in dispute by making an adjustment that is outside the range for such specific item as defined in the Initial Calculation and the Disputed Calculation.
If Purchaser and the Seller Representative are unable to resolve any Disputed Calculation Item within such thirty (30) day period, Purchaser and the Seller Representative shall mutually engage and submit such Disputed Calculation Item to, and the same shall be finally resolved in accordance with the provisions of this Agreement to the Independent Accountant.
If the Seller Representative delivers a Calculation Dispute Notice to Purchaser, Purchaser and the Seller Representative shall attempt to resolve the Disputed Calculation Items within thirty (30) days following the date of delivery of the Calculation Dispute Notice.
For example, if Sellers claim that the Disputed Calculation is $1,000 greater than the Disputed Calculation as determined by Buyers and if the Accountant ultimately resolves the Objections Dispute by awarding to Sellers $300 of the $1,000 contested, then the fees, costs and expenses of the Accountant will be allocated 30% (i.e., 300 ÷ 1,000) to Buyer and 70% (i.e., 700 ÷ 1,000) to Sellers.
Buyer and Seller shall, promptly (but in any event within ten (10) Business Days) following the formal engagement of the Financial Expert, provide the Financial Expert (copying the other upon submission) with a written presentation setting forth its calculations of and assertions regarding the Disputed Calculation and shall allow the Financial Expert to conduct an independent analysis and audit of the Disputed Calculation using the Accounting Principles and the Sample Working Capital Schedule.
Nothing herein shall be construed to authorize or permit the Financial Expert to resolve any specific item in dispute by making an adjustment that is outside the range for such specific item as defined in the Initial Calculation and the Disputed Calculation.