Examples of Selected Accountant in a sentence
The Selected Accountant will consider only those items and amounts in the Closing Date Statement set forth in the Objection Notice which the Surviving Corporation and the Stockholder Representative are unable to resolve.
The Surviving Corporation and the Stockholder Representative will direct the Selected Accountant to render a determination within thirty (30) calendar days of its retention and the Surviving Corporation and the Stockholder Representative will cooperate with the Selected Accountant during its engagement.
The determination of the Closing Date Payment by the Selected Accountant will be conclusive and binding upon the Surviving Corporation and the Company Securityholders.
In resolving any disputed item, the Selected 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 smallest value for such item claimed by either party.
If the Surviving Corporation and the Stockholder Representative are unable to agree on the choice of the Selected Accountant, then the Selected Accountant will be an independent accounting firm of recognized national standing selected by lot (after excluding one firm designated by the Surviving Corporation and one firm designated by the Stockholder Representative).
The Selected Accountant’s determination will be based on such review as the Selected Accountant deems necessary to make its determination.
The Surviving Corporation and the Company Securityholders shall each bear fifty percent (50%) of the costs and expenses of the Selected Accountant.
Purchaser and the Stockholders’ Representative agree to (A) execute, if requested by the Selected Accountant, a reasonable engagement letter in customary form and (B) reasonably cooperate with the Selected Accountant so as to enable it to make such determination as quickly and as accurately as practicable.
Neither Purchaser nor the Stockholders’ Representative will engage in any ex-parte communications with the Selected Accountant.
Each of the Stockholders’ Representative and the Purchaser may furnish to the Selected Accountant such information and documents as it deems relevant, with copies of such submission and all such documents and information being concurrently given to the other party.