Third Party Determination definition
Examples of Third Party Determination in a sentence
Should the Third Party Determination differ from the Board Determination by ten percent or more, the Company shall bear such costs.
The Third Party Determination shall be conclusive and binding upon the Board and Grantee.
If the Third Party Determination differs from the Board Determination by ten percent (10%) or more, then the Company shall bear such costs.
If the Third Party Determination is within ten percent of the Board Determination, then the Optionee shall bear the costs incurred in obtaining the Third Party Determination.
If the Third Party Determination is within ten percent (10%) of the Board Determination, then Grantee shall bear the costs incurred in obtaining the Third Party Determination.
The Third Party Determination shall be conclusive and binding upon the Board and the Optionee.
The Third Party Determination shall be binding on and non-appealable by the Company and the holders of the shares of Preferred Stock to be redeemed.
Following the receipt of the Third Party Determination, the Redemption Date shall be deemed to be the date which is ten (10) days thereafter.
The Third Party Determination shall be binding on and non-appealable by the Company, the Indirect Transferee and the Preferred Stockholders.
If the Third Party rules that the Product does not conform to the Purchase Order at the time the Product was delivered to Buyer or that the Product contains a Latent Defect, then Buyer shall be entitled to the remedies set forth in Section 6.4 hereof and Supplier shall bear the cost of such Third Party Determination.