Valuation Firm definition
Examples of Valuation Firm in a sentence
All fees and expenses of each such Valuation Firm shall be the responsibility of the Member that engaged such Valuation Firm.
The Valuation Firm shall act as an expert and not as an arbitrator.
Each such Valuation Firm shall determine Company FMV in good faith (acting in accordance with the definition thereof in Section 1.01) and deliver its calculation of Company FMV not later than the first Business Day that is at least forth-five (45) days after the date of delivery of such Call Notice; provided, that both Valuation Firms shall agree on a date on which to both deliver their calculations and Company FMV shall be determined as of such date (the “FMV Determination Date”).
The fees and expenses of the Valuation Firm shall be allocated between Buyer and Seller based on the relative success of their respective positions.
The determination of the Valuation Firm shall be final and binding, absent manifest error or Fraud.