Common use of Disputes Regarding Royalties Clause in Contracts

Disputes Regarding Royalties. Lessor shall be deemed to have waived any right the Lessor may have had to object to the royalty settlement made by Lessee for any calendar quarter, unless Lessor notifies Lessee in writing of such objection within twelve (12) months after such royalty is due under this Lease. The dispute or disagreement must list the specific items being contested and detail with particularity the grounds for each contest or dispute. If Lessor and Lessee are unable to resolve the question by agreement within thirty (30) days after Lessee's receipt of Lessor's notice, the dispute shall be resolved by arbitration, in accordance with the provisions of Article 22.

Disputes Regarding Royalties. Lessor Lessor/Seller shall be deemed to have waived any right the Lessor Lessor/Seller may have had to object to the royalty settlement made by Lessee Lessee/Purchaser for any calendar quarter, unless Lessor Lessor/Seller notifies Lessee Lessee/Purchaser in writing of such objection within twelve (12) months after such royalty is due under this Lease. The dispute or disagreement must list the specific items being contested and detail with particularity the grounds for each contest or disputedue. If Lessor Lessor/Seller and Lessee Lessee/Purchaser are unable to resolve the question royalty settlement dispute by agreement within thirty (30) days after Lessee/Purchaser's receipt of Lessor's /Seller’s notice, the dispute shall be resolved by arbitration, in accordance with the provisions of Article 2223.

Disputes Regarding Royalties. Lessor shall be deemed to have waived any right the Lessor may have had to object to the royalty settlement made by Lessee in accordance with Exhibit B for any calendar quarter, unless Lessor notifies Lessee in writing of such objection within twelve (12) months after such royalty is due under this Lease. The dispute or disagreement must list the specific items being contested and detail with particularity the grounds for each contest or dispute. If Lessor and Lessee are unable to resolve the question by agreement within thirty (30) days after Lessee's receipt of Lessor's notice, the dispute shall be resolved by arbitration, in accordance with the provisions of Article 2221.

Disputes Regarding Royalties. Lessor shall be deemed to have waived any right the Lessor may have had to object to the royalty settlement made by Lessee in accordance with Exhibit B for any calendar quarter, unless Lessor notifies Lessee in writing of such objection within twelve (12) months after such royalty is due under this Lease. The dispute or disagreement must list the specific items being contested and detail with particularity the grounds for each contest or dispute. If Lessor and Lessee are Lessxx xxx Lessxx xxx unable to resolve the question by agreement within thirty (30) days after Lessee's receipt Lessxx'x xeceipt of Lessor's noticeLessxx'x xotice, the dispute shall be resolved by arbitration, in accordance with the provisions of Article 2221.