Disputed definition
Examples of Disputed in a sentence
The Sellers’ Representatives and Purchaser shall mutually prepare a list of the items that remain in dispute (the “NWC Disputed Items”) to be provided to the New Auditor Team, and the New Auditor Team shall limit its review to the NWC Disputed Items, and correcting mathematical errors and determining whether the items and amounts in dispute were determined in accordance with the Applicable Accounting Standards.
The Accounting Firm, acting as experts and not as arbitrators, shall determine, only with respect to the remaining Disputed Items so submitted, whether and to what extent, if any, the Earnout Payment set forth in the Earnout Statement requires adjustment.
The Independent Accountant shall not assign any value to a Disputed Item greater than the greatest value claimed for such Disputed Item by any Party or lesser than the lowest value claimed for such Disputed Item by any Party.
Purchaser and the Sellers’ Representatives shall each present in writing to the Accounting Firm (i) a proposed resolution of each Disputed Item (on an item-by-item basis) and (ii) any materials it wishes to present to justify its proposed resolution.
The submission of the NWC Disputed Items to the New Auditor Team shall be the exclusive remedy for resolving disputes relating to the determination of the Audited Net Working Capital.