Common use of COMMENTS AND OBJECTIONS Clause in Contracts

COMMENTS AND OBJECTIONS. All Parties will have ninety (90) days to evaluate the materials supporting the proposed update, request and evaluate additional materials if necessary, and submit written comments and objections to the proposing Party and the other Parties. If no response is received from a Party within this time period, it will be assumed that the proposed update is acceptable to that Party. 7.2.2.4.1. If no objections are raised, the State Engineer shall approve the proposed update to the Settlement Model. Upon the State Engineer’s approval of the proposed update, the State Engineer shall provide to all Parties copies of the amended model and the associated model documentation. 7.2.2.4.2. If objections are raised, the Party proposing the update shall attempt to address these objections to the satisfaction of all Parties. If necessary, a revised proposed model with documentation shall be distributed to all Parties, and a second round of comments shall be solicited, subject to the same time limit established in Article 7.2.2.3.