Examples of Tax Accounting Firm in a sentence
The fees, costs and expenses of the Tax Accounting Firm shall be borne by the Sellers and Purchaser (with the portion of fees so payable by the Sellers to be paid by the Seller Representative on behalf of the Sellers) in inverse proportion, as they may prevail on the disputed items resolved by the Tax Accounting Firm utilizing the values of such items as initially submitted by the Parties to the Tax Accounting Firm.
The level of such review shall be sufficient to allow the Tax Accounting Firm to sign such Tax Returns as preparer.
At any ----------------------------------------------------- time that it becomes necessary to select an independent accounting firm pursuant to Section 2.2(b), 3.2(c) or 4.3(b), the Representative shall promptly submit to JFF the names of two nationally recognized independent public accounting firms, and within 5 days of such submission, JFF will select one of the two firms, and such firm shall become the Accounting Firm or the Tax Accounting Firm, as the case may be.
Such proportional allocations shall be determined by the Tax Accounting Firm at the time its determination is rendered on the disputed items.
The Shareholders Representative and the Parent agree to cooperate with each other and each other's representatives to enable the Independent Tax Accounting Firm to render a written decision as promptly as possible.
For this purpose, (x) the Tax Accounting Firm may not assign a value to any disputed item greater than the greatest value for such disputed item claimed by any party or less than the lowest value for such disputed item claimed by any party, and (y) all fees and expenses relating to the work, if any, to be performed by the Tax Accounting Firm will be allocated to the applicable Parent Acquired Company.
The Allocation, as agreed to by the Parties pursuant to this Section 7.6 or as finally determined by the Tax Accounting Firm, as the case may be, shall be binding on all Parties (the “Final Allocation”).
In acting under this Agreement, the Parent's Tax Accountants, the Shareholders Representative's accountants, and the Independent Tax Accounting Firm shall be entitled to the privileges and immunities of arbitrators.
The Tax Accounting Firm shall make a final determination as to the disputed items within thirty (30) days after such submission and the determination of the Tax Accounting Firm shall be final and binding on the parties.
For the avoidance of doubt, the procedure described in this Section 6.8 shall be followed each time that a Dispute, a Tax Dispute or a Net Inventory Dispute arises requiring the use of an Accounting Firm or a Tax Accounting Firm.