Common use of Post-Closing Adjustment Period Clause in Contracts

Post-Closing Adjustment Period. In the event Seller and Buyer fail to reach agreement on the prorations pursuant to the provisions of Article 8 of this Agreement, Seller and Buyer shall meet, during the sixty (60) day period following the Closing to resolve the dispute and make such adjustments as may be necessary ("Post-Closing Adjustment Period"). In the event the Parties are unable to resolve any dispute by the end of the Post-Closing Adjustment Period, the Parties shall submit the dispute for resolution by an independent accounting firm mutually agreeable to the Seller and Buyer . The dispute shall be resolved in accordance with accounting industry practices. The fee of such accounting firm shall be borne by the Parties equally.

Post-Closing Adjustment Period. In the event Seller and Buyer fail to reach agreement on the prorations pursuant to the provisions of Article 8 of this Agreement, Seller and Buyer shall meet, during the sixty (60) day period following the Closing to resolve the dispute and make such adjustments as may be necessary ("Post-Closing Adjustment Period"). In the event the Parties are unable to resolve any dispute by the end of the Post-Closing Adjustment Period, the Parties shall submit the dispute for resolution by an independent accounting firm mutually agreeable to the Seller and Buyer Buyer. The dispute shall be resolved in accordance with accounting industry practices. The fee of such accounting firm shall be borne by the Parties equally.