Examples of Resolution Accountants in a sentence
The sole function of the Resolution Accountants shall be to select as most accurately reflecting the Europe Closing Balance Sheet, without adjustment or alteration, the Europe Closing Balance Sheet submitted by Buyer or the Europe Closing Balance Sheet submitted by Europe as the true Europe Closing Balance Sheet, and the determination by such independent auditing firm shall be binding and conclusive upon the parties.
If the Resolution Accountants select the Europe Closing Balance Sheet submitted by Buyer, Europe shall pay the fees and expenses of the Resolution Accountants; if the Resolution Accountants select the Europe Closing Balance Sheet submitted by Europe, Buyer shall pay the fees and expenses of the Resolution Accountants.
If there is a disagreement, and such disagreement cannot be resolved by Buyer and Europe (each of which shall use their "reasonable efforts" to so resolve the claim) within 30 days following the receipt by Europe of the Europe Closing Balance Sheet, the items in dispute shall be submitted to a nationally recognized firm of independent auditors acceptable to both Buyer and Europe (or, in the absence of agreement, the auditing firm of KPMG Peat Marwick L.L.P.) (the "Resolution Accountants").
If Shareholders give such notice of objection, then the issues in dispute will be submitted to Ernst & Young, certified public accountants (the "Resolution Accountants") for resolution.
If there is a disagreement, and such disagreement cannot -3- be resolved by Buyer and Europe (each of which shall use their "reasonable efforts" to so resolve the claim) within 30 days following the receipt by Europe of the Europe Closing Balance Sheet, the items in dispute shall be submitted to a nationally recognized firm of independent auditors acceptable to both Buyer and Europe (or, in the absence of agreement, the auditing firm of KPMG Peat Marwick L.L.P.) (the "Resolution Accountants").