Examples of Unaffiliated Firm in a sentence
The Unaffiliated Firm's authority will be limited to resolving disputes with respect to whether the Closing Statement of Net Assets was prepared in accordance with the terms of this Section 4(b) with respect to the individual items on the Closing Statement of Net Assets in dispute (it being understood that the Unaffiliated Firm will have no authority to make adjustments to any amounts other than amounts set forth on the Closing Statement of Net Assets that are in dispute).
In resolving any disputed item, the Unaffiliated Firm may not assign a value to such item greater than the greatest value for such item asserted by either Party or less than the smallest value for such item asserted by either Party.
The Unaffiliated Firm shall resolve the differences regarding the statements of Proposed Adjusted Net Working Capital Amounts based solely on the information provided to the Unaffiliated Firm by the Members pursuant to the terms of this Agreement (and not by independent review).
The determination of the Unaffiliated Firm in respect of the correctness of each matter remaining in dispute in accordance with this Section 3.04(a) shall be conclusive and binding on the Members and judgment may be entered thereon as an arbitration award pursuant to 9 U.S.C. § 9 in any court of competent jurisdiction.
The decision of the Unaffiliated Firm will be, for all purposes, conclusive, non-appealable, final and binding upon both Seller and Buyer.