Examples of Disputing Holders in a sentence
After the demand signal is realized, the manufacturer buys back the extra units from the retailers who are expecting low demand, at a buy-back price b, and offers these units to those retailers who are expecting high demand at a price w¯.
If the appraisers fail to agree during such twenty (20) day period, they shall within five (5) days thereafter select a third appraiser with the same qualification requirements, and the three (3) appraisers shall establish the Fair Market Value by majority vote within the succeeding twenty (20) day period after the selection of the third appraiser and such determination of Fair Market Value shall be final and binding on the Corporation and the Disputing Holders.
If the appraisers reach such agreement, their agreement shall be final and binding on the Corporation and the Disputing Holders.
If the Fair Market Value determined by the appraisers is not more than five percent (5%) greater than the value as determined by the Board, then the Disputing Holders shall pay all costs associated with the appraisers, on a pro rata basis.
If there are any Disputing Holders, within ten (10) days after the last date on which an Appraisal Notice can be delivered, the Board (excluding any member of the Board appointed or designated by the holders of Series A Preferred) and holders of at least a majority of the shares held by the Disputing Holders shall each appoint a professional appraiser to determine the Fair Market Value.
Unless otherwise agreed to in writing by both the Company and the Disputing Holders or otherwise requested by such investment bank, neither the Company nor the Disputing Holders shall be entitled to deliver or submit any written documentation or other support to such investment bank in connection with such dispute (other than the Required Dispute Documentation).
The Company expressly acknowledges and agrees that (i) this Section 23 constitutes an agreement to arbitrate between the Company and the Disputing Holders, on behalf of all affected Holders, (and constitutes an arbitration agreement) under § 7501, et seq.
The fees and expenses of such investment bank shall be borne solely by the Company, and such investment bank’s resolution of such dispute shall be final and binding upon all parties, including other Holders that are not the Disputing Holders taking action under this Section 23(a), absent manifest error.
In the event that any Dispute between the Company, on the one hand, and the Disputing Holders, on the other hand, should result in litigation or arbitration, the prevailing party in such Dispute shall be entitled to recover from the other party all reasonable attorneys’ fees, costs and other expenses incurred by the prevailing party in connection with such Dispute.
If such determination is disparate by less than 10% from the Company's initial determination, the fees and expenses of such determination shall be done by the Disputing Holders and if such determination is disparate by 10% or more from the Company's initial determination, the fees and expenses of such determination shall be done by the Company.