Examples of Seller’s Accountants in a sentence
Seller shall cause its accounting staff (“Seller’s Accountants”) to make such inventories and examinations of the Hotel, and of the books and records of the Hotel, as Seller’s Accountants may deem necessary to make the adjustments and prorations required under this Article VIII, or under any other provisions of this Agreement.
Based upon such inventories and examinations, Seller’s Accountants, in consultation with Purchaser, will prepare and deliver to the parties no later than five (5) days prior to the Closing a preliminary closing statement (the “Preliminary Closing Statement”).
If Seller notifies Buyer in writing that Seller objects to one or more items reflected in the Allocation Schedule, Seller and Buyer shall negotiate in good faith to resolve such dispute; provided, however, that if Seller and Buyer are unable to resolve any dispute with respect to the Allocation Schedule within thirty (30) days following Buyer’s delivery of the Allocation Schedule, such dispute shall be resolved by the Buyer’s and Seller’s Accountants.
After delivery of the Adjustment Report to Seller, Seller and/or a firm of independent public accountants designated by Seller (“ Seller’s Accountants ”) shall be entitled to reasonable access during normal business hours to the relevant records and working papers of Buyer to aid in their review of the Adjustment Report.
If a dispute remains at the conclusion of the Earn Out Statement Resolution Period, then all amounts remaining in dispute shall be submitted for resolution to an impartial nationally recognized firm of independent certified public accountants (other than Seller’s Accountants or Buyer’s Accountants) (the “ Independent Accountant”) appointed by Buyer and Seller by mutual agreement within five (5) days after the expiration of such Earn Out Statement Resolution Period.