Independent Expert definition
Examples of Independent Expert in a sentence
All fees and expenses of the Independent Expert, and all other out-of-pocket costs and expenses incurred by a party in connection with resolving any dispute hereunder before the Independent Expert, will be borne by Irish Holdco.
In deciding any matter, the Independent Expert will be bound by the provisions of this Agreement, including this Section 1.101.
The Independent Expert will determine only those issues still in dispute with respect to such Earnout Statement as of the Independent Expert Notice Date and the Independent Expert’s determination will be based solely upon and consistent with the terms and conditions of this Agreement.
Each of the Seller Representative and SPAC agrees to execute, if requested by the Independent Expert, a reasonable engagement letter with respect to the determination to be made by the Independent Expert.
It is the intent of the parties hereto that the activities of the Independent Expert in connection herewith are not (and should not be considered to be or treated as) an arbitration proceeding or similar arbitral process and that no formal arbitration rules should be followed (including rules with respect to procedures and discovery).