Common use of Claims Notices Clause in Contracts

Claims Notices. (a) Any claim that Grantee makes for benefits relating to MRUs shall be filed in writing with the Committee. Written notice of the disposition of the claim shall be delivered to Grantee within 60 days after filing. If the claim is denied, the reasons shall be set forth in a statement delivered to Grantee. The filing of a claim in accordance with this Section 7 shall be a condition precedent to the initiation of any legal proceeding with respect to such claim.

Appears in 4 contracts

Samples: Management Retention Unit Agreement (Building Materials Holding Corp), Management Retention Unit Agreement (Building Materials Holding Corp), Management Retention Unit Agreement (Building Materials Holding Corp)

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