Common use of Consideration by Senior Executives Clause in Contracts

Consideration by Senior Executives. If a Dispute is not resolved in the normal course of business at the operational level, the parties shall attempt in good faith to resolve such Dispute by negotiation between executives who hold, at a minimum, the office of President and CEO of the respective business entities involved in such Dispute. Either party may initiate the executive negotiation process by providing a written notice to the other (the “Initial Notice”). Fifteen (15) days after delivery of the Initial Notice, the receiving party shall submit to the other a written response (the “Response”). The Initial Notice and the Response shall include (i) a statement of the Dispute and of each party’s position, and (ii) the name and title of the executive who will represent that party and of any other person who will accompany the executive. Such executives will meet in person or by telephone within thirty (30) days of the date of the Initial Notice to seek a resolution of the Dispute.

Appears in 44 contracts

Samples: Master Agreement (Genworth Financial Inc), Master Agreement (Genworth Financial Inc), Investment Management and Services Agreement (Genworth Financial Inc)

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Consideration by Senior Executives. If a Dispute is not resolved in the normal course of business at the operational level, the parties Parties shall attempt in good faith to resolve such Dispute by negotiation between the senior-most executives who hold, at a minimum, the office of President and CEO of the each Party or their respective business entities involved in such Disputesenior-level designees. Either party Party may initiate the executive negotiation process by providing a written notice of such Dispute to the other (the “Initial Notice”). Fifteen Within fifteen (15) days after delivery of the Initial Notice, the receiving party Party shall submit to the other a written response (the “Response”). The Initial Notice and the Response shall include (i) a statement of the Dispute and of each partyParty’s position, and (ii) the name and title of the executive who will represent that party Party and of any other person who will accompany the executive. Such executives will shall meet in person person, by telephone or by telephone videoconference within thirty ten (3010) days Business Days of the date of the Initial Notice Response to seek a resolution of the Dispute.

Appears in 11 contracts

Samples: Shared Services Agreement (Enact Holdings, Inc.), Master Agreement (Enact Holdings, Inc.), Master Agreement (Enact Holdings, Inc.)

Consideration by Senior Executives. If a Dispute is not resolved in the normal course of business at the operational level, the parties Parties shall attempt in good faith to resolve such Dispute by negotiation between executives who hold, at a minimum, the office of President and CEO of the respective business entities (or their respective designees) involved in such Dispute. Either party Party may initiate the executive negotiation process by providing a written notice to the other (the “Initial Notice”). Fifteen (15) days after delivery of the Initial Notice, the receiving party Party shall submit to the other a written response (the “Response”). The Initial Notice and the Response shall include (i) a statement of the Dispute and of each partyParty’s position, and (ii) the name and title of the executive who will represent that party Party and of any other person who will accompany the executive. Such executives will meet in person or by telephone within thirty (30) days of the date of the Initial Notice to seek a resolution of the Dispute.

Appears in 3 contracts

Samples: Sub Servicing Agreement (RFS Holding LLC), Sub Servicing Agreement (Synchrony Financial), Sub Servicing Agreement (Synchrony Financial)

Consideration by Senior Executives. If a Dispute is not resolved in the normal course of business at the operational level, the parties shall attempt in good faith to resolve such Dispute by negotiation between executives who hold, at a minimum, the office of President and CEO of the respective business entities involved in such Dispute. Either party may initiate the executive negotiation process by providing a written notice to the other (the "Initial Notice"). Fifteen (15) days after delivery of the Initial Notice, the receiving party shall submit to the other a written response (the "Response"). The Initial Notice and the Response shall include (i) a statement of the Dispute and of each party’s 's position, and (ii) the name and title of the executive who will represent that party and of any other person who will accompany the executive. Such executives will meet in person or by telephone within thirty (30) days of the date of the Initial Notice to seek a resolution of the Dispute.

Appears in 2 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Iv), Reinsurance Agreement (Ge Capital Life Separate Account Ii)

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Consideration by Senior Executives. If a Dispute is not resolved in the normal course of business at the operational level, the parties Parties shall attempt in good faith to resolve such Dispute by negotiation between executives who hold, at a minimum, the office of President and CEO of the respective business entities involved in such DisputeDispute or their respective senior level designees. Either party Party may initiate the executive negotiation process by providing a written notice to the other (the “Initial Notice”). Fifteen (15) days after delivery of the Initial Notice, the receiving party Party shall submit to the other a written response (the “Response”). The Initial Notice and the Response shall include (i) a statement of the Dispute and of each partyParty’s position, and (ii) the name and title of the executive who will represent that party Party and of any other person who will accompany the executive. Such executives will meet in person or by telephone within thirty ten (3010) days Business Days of the date of the Initial Notice to seek a resolution of the Dispute.

Appears in 1 contract

Samples: Master Agreement (Synchrony Financial)

Consideration by Senior Executives. If a Dispute is not resolved in the normal course of business at the operational level, the parties Parties shall attempt in good faith to resolve such Dispute by negotiation between executives who hold, at a minimum, the office of President and CEO of the respective business entities involved in such DisputeDispute or their respective senior level designees. Either party Party may initiate the executive negotiation process by providing a written notice to the other (the “Initial Notice”). Fifteen (15) days after delivery of the Initial Notice, the receiving party Party shall submit to the other a written response (the “Response”). The Initial Notice and the Response shall include (i) a statement of the Dispute and of each partyParty’s position, and (ii) the name and title of the executive who will represent that party Party and of any other person who will accompany the executive. Such executives will meet in person or by telephone within thirty ten (3010) days Business Days of the date of the Initial Notice Response to seek a resolution of the Dispute.

Appears in 1 contract

Samples: Master Agreement (Synchrony Financial)

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