Accountant definition
Examples of Accountant in a sentence
The fees of the Reviewing Accountant will be borne equally by the Parties, unless the Reviewing Accountant determines that either Party was unreasonable in its approach to calculating and agreeing on the Final Debt Statement, in which case the Reviewing Accountant, in its sole discretion, may apportion such fees as it sees fit.
The Company and SpinCo shall use reasonable best efforts to cause the Accountant to render a decision resolving the matters submitted to the Accountant within thirty (30) days of receipt of the submission.
Once selected, the Reviewing Accountant will be instructed to resolve any matters in dispute as promptly as practicable but in no event more than 30 days after submission.
The fees and expenses of the Accountant pursuant to this Section 2.16 shall be equally shared by the Company and SpinCo. Other than the fees and expenses referred to in the immediately preceding sentence, the fees and disbursements of SpinCo’s independent auditors, attorneys and other consultants shall be borne by SpinCo and the fees and disbursements of the Company’s independent auditors, attorneys and other consultants shall be borne by the Company.
If the Parties are unable to agree on the identity of the Reviewing Accountant within such 10 day period, each Party shall select one independent accounting firm within an additional 5 days, and the two independent accounting firms so selected shall select the sole independent accounting firm which shall be the “Reviewing Accountant”).