Neutral Accountant definition

Neutral Accountant shall have the meaning set forth in Section 2.7(c).
Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.
Neutral Accountant means Ernst & Young LLP (or if such firm shall decline or is unable to act, or has a conflict of interest with Purchaser or any Seller, or any of their respective Affiliates, another accounting firm not affiliated with either Purchaser or Seller mutually acceptable to Purchaser and Seller).

Examples of Neutral Accountant in a sentence

  • All fees and expenses of the Neutral Accountant in connection with any dispute under this Section 2.4(c) shall be paid fifty percent (50%) by Purchaser and fifty percent (50%) by Seller.

  • The resolution by the Neutral Accountant of such matters shall be within the range of the amounts claimed by Seller and Purchaser in their written submissions to the Neutral Accountant.

  • In the event Seller and Purchaser cannot resolve all of such matters by the end of such thirty (30) day period, any party may immediately engage the Neutral Accountant to resolve any items that remain in dispute.

  • Each of Purchaser and Seller shall present its or his position on the disputed items to the Neutral Accountant in writing, and the parties shall require the Neutral Accountant, within thirty (30) days thereafter, acting as an expert and not an arbitrator, to resolve only the matters objected to by Seller and not resolved by Seller and Purchaser with respect to the determination of the Stockholder Equity.

  • In the event that such disagreement has not been resolved within five (5) days of Seller’s receipt of the written notice of disagreement, then the disagreement will be submitted to the Neutral Accountant for resolution prior to the due date or filing of such Pre-Closing Income Tax Return, applying the procedures of Section 2.4(c), mutatis mutandis (including with respect to the sharing of fees).


More Definitions of Neutral Accountant

Neutral Accountant means, unless otherwise agreed in writing by SellersRepresentative and Buyer, an accountant mutually satisfactory to Sellers’ Representative and Buyer who satisfies each of the following requirements (unless otherwise agreed by Sellers’ Representative and Buyer): (i) neither the accountant nor the firm that employs the accountant shall have performed any accounting or consulting services for any party or any Affiliate of any party at any time during the three year period prior to the date of this Agreement; (ii) the accountant is not related in any way by blood or marriage to any party or any executive officer or director of any party or any Affiliate of such party; (iii) the accountant has been a certified public accountant duly licensed to practice in the state where he or she has his or her primary office for a period of not less than ten years; and the accountant is willing to accept engagement as a Neutral Accountant on the terms and conditions of this Agreement.
Neutral Accountant has the meaning set forth in Section 2.6(d).
Neutral Accountant means Anton Chia, or in the event that circumstances create an actual conflict of interest that would impair such Person’s ability to impartially determine any issue presented to it pursuant to this Agreement or if such Person is otherwise unwilling or unable to provide such services, a nationally-recognized certified public accounting firm mutually agreed upon by Purchaser and the Sellers. If (1) circumstances create an actual conflict of interest that would impair Anton Chia’s ability to impartially determine any issue presented to it pursuant to this Agreement or if Anton Chia is otherwise unwilling or unable to provide such services and (2) Purchaser and the Sellers cannot agree on a nationally recognized certified public accounting firm to serve as the Neutral Accountant within ten (10) days after either party notifies the other of its intent to submit such dispute to the Neutral Accountant, then the Neutral Accountant shall be selected by JAMS.
Neutral Accountant has the meaning set forth in Section 1.3(c).
Neutral Accountant means (i) Grant Thornton LLP, or if Grant Thornton LLP is not independent in the reasonable determination of Purchaser or the Representative, then (ii) an independent auditing firm of nationally or regionally recognized standing selected by the mutual agreement of Purchaser and the Representative within 15 days of the date on which the Neutral Accountant is proposed to begin serving or, if Purchaser and the Representative are unable to agree within such period, an independent auditing firm of nationally or regionally recognized standing selected jointly by two other such firms, one of which shall be specified by Purchaser and one of which shall be specified by the Representative, within 15 days after the expiration of such period.
Neutral Accountant means BDO USA.