Final Notice of Disagreement Sample Clauses

Final Notice of Disagreement. (a) The Indemnifying Party shall have seventy (70) days from the delivery of an Initial Notice of Disagreement to register its continued disagreement with any Disputed Item and to elect to seek a Determination by an Independent Third Party with respect to such Disputed Item pursuant to Section 8.5 of this Agreement. The Indemnifying Party shall do so by delivering to the Indemnified Party within such seventy (70) day period a written notice (a "Final Notice of Disagreement") that (1) specifically enumerates each Disputed Item with respect to which it elects to seek a Determination by an Independent Third Party, (2) describes the grounds for the Indemnifying Party's continued disagreement with each such Disputed Item, and (3) states the amount in dispute (or a good faith estimate thereof) with respect to each such Disputed Item. (b) The failure of the Indemnifying Party within the seventy (70) day period described in Section 8.3(a) to deliver a Final Notice of Disagreement, that satisfies the requirements of Section 8.3(a), with respect to all or a portion of the payment described in Section 8.1 shall be deemed to constitute (1) an acceptance and acknowledgment by such party of its liability for such payment or portion thereof and (2) a waiver by such party of its right to a Determination by an Independent Third Party pursuant to Section 8.5 of this Agreement with respect to such Disputed Item. Any dispute, controversy, or claim relating to or arising out of a Disputed Item contained in a Notice of Final Disagreement shall be finally settled by arbitration before an Independent Third Party pursuant to the provisions of this Section 8. 8.4
AutoNDA by SimpleDocs
Final Notice of Disagreement. (i) The Remitting Party shall have 70 days from the delivery of an Initial Notice of Disagreement to register its continued disagreement with any Disputed Item and to elect to seek a by an Independent Third Party with respect to such Disputed Item pursuant to Section 10(f). The Remitting Party shall do so by delivering to the Recipient within such 70 day period a written notice (a "FINAL NOTICE OF DISAGREEMENT") that (A) specifically enumerates each Disputed Item with respect to which it elects to seek a Determination by an Independent Third Party, (B) describes the grounds for the Remitting Party's continued disagreement with each such Disputed Item, and (C) states the amount in dispute (or a good faith estimate thereof) with respect to each such Disputed Item.
Final Notice of Disagreement. (a) If the parties are unable to resolve any dispute pursuant to the negotiation procedures described in Section 10.2, the Disputing Party shall have ten (10) days after the end of the second thirty (30) day period described in Section 10.2(b) to register its continued disagreement with any Disputed Item and to elect to seek a Determination by a Tax Arbiter with respect to such Disputed Item pursuant to Section 10.5 of this Agreement. The Disputing Party shall do so by delivering to the Non-Disputing Party within such ten (10) day period a written notice (a "Final Notice of Disagreement") that (1) specifically enumerates each Disputed Item with respect to which it elects to seek a Determination by a Tax Arbiter, (2) describes the grounds for the Disputing Party's continued disagreement with each such Disputed Item, and (3) states the amount in dispute (or a good faith estimate thereof) with respect to each such Disputed Item.

Related to Final Notice of Disagreement

  • Notice of Dispute Seller must immediately notify Prestige of any disputes between any account debtor and Seller.

  • Dispute Notice Each COD Model (and the Initial COD Purchase Price Adjustment reflected therein) will be final, conclusive and binding on the Parties and Seller Parent unless the Seller reasonably determines in good faith that the Buyer failed to calculate the Initial COD Purchase Price Adjustment in accordance with this Agreement and provides a Dispute Notice to the Buyer no later than the twentieth (20th) Business Day after the payment of the applicable Initial COD Purchase Price Adjustment (for clarity, the right to deliver a Dispute Notice shall not arise until the payment of the applicable Initial COD Purchase Price Adjustment has occurred); provided that, during such period, the Buyer will afford the Seller and its Representatives reasonable access to the work papers and other books and records of the applicable Group Companies and any accountants, experts, consultants or financial advisers retained by such Group Companies for purposes of assisting the Seller and its Representatives in its review of the such COD Model, in each case, with such access to be in accordance with applicable confidentiality obligations of Buyer or the Group Companies and effected in a manner designed to not unreasonably interfere with the normal business operations of the Buyer and the Group Companies; provided further that such twenty (20) Business Day period will be automatically extended by the lesser of (x) the number of days between receipt of the request for such reasonably access and the date such access is provided and (y) ten (10) Business Days. Any Dispute Notice must set forth in reasonable detail (A) any item on such COD Model that the Seller reasonably believes in good faith has not been prepared in accordance with this Agreement and its calculation of the correct amount of such item, (B) the Seller’s resulting calculation of the COD Purchase Price Adjustment for such Project, in each case of clauses (A) and (B), together with reasonable supporting information, including the work papers and other books and records of the Seller and its Affiliates and any accountants, experts, consultants or financial advisers retained by the Seller or its Affiliates for purposes preparing such alternative calculations, and (C) the amount by which, based on such calculation and with respect to the Initial COD Purchase Price Adjustment, (1) the Buyer underpaid or (2) the Seller Parties overpaid. Any item or amount to which no dispute is raised in the Dispute Notice will be final, conclusive and binding on the Parties and Seller Parent upon delivery to the Buyer of the Dispute Notice, or such later date as determined in accordance with this Section 2.07(b) if the Buyer does not provide reasonable access as required pursuant to this Section 2.07(b).

  • Notice of Disputes Written notice of a Dispute must be sent to the Manager or Member by the aggrieved party as described in the notice requirements of Article 15.1 below.

  • Resolution of Dispute Any dispute regarding this Agreement (including without limitation its validity, interpretation, performance, enforcement, termination and damages) shall be determined in accordance with the laws of the State of California, the United States of America. Any action under this paragraph shall not preclude any party hereto from seeking injunctive or other legal relief to which each party may be entitled.

  • Selection Notice A Selection Notice to be effective must be:

  • Termination Notice Except in the event of Executive's death, a termination under this Agreement shall be effected by means of a Termination Notice.

  • Closing Statement (a) At least five (5) business days prior to the Closing Date, the Company shall submit to Buyer a written statement of estimated Current Assets and Current Liabilities as of the last day of the month immediately preceding the Closing Date (the "Estimated Closing Statement") containing the Company's good faith estimate of the Net Working Capital Amount (the "Estimated Net Working Capital Amount"), which shall reflect the items required to be set forth in, and be prepared in a manner consistent with the preparation of, the Closing Statement, in each case in accordance with Section 4.6(b); provided, however, that for purposes of the Estimated Net Working Capital Amount, the parties hereto agree that 50% of the amount of Fuel Sensor Damages (x) actually expended by Parent or the Company from March 1, 2011 through the last day of the month immediately preceding the Closing Date and (y) accrued as current liabilities on the Estimated Closing Statement, shall be added as a credit to the estimated Net Working Capital Amount set forth on the Estimated Closing Statement. Commencing with the Company's delivery of the Estimated Closing Statement to Buyer, Buyer shall have reasonable access to the books and records and personnel of the Company and the opportunity to consult with the Company for purposes of confirming or disputing the Estimated Net Working Capital Amount. If Buyer shall disagree, in good faith, with any item set forth in the Estimated Closing Statement or used to determine the Estimated Net Working Capital Amount, then Buyer and the Company shall work, in good faith, to reach agreement on such disputed items and the amounts as agreed to by Buyer and the Company shall constitute the Estimated Net Working Capital Amount. Notwithstanding the foregoing, Buyer's agreement with the Estimated Net Working Capital Amount (or any item set forth in the Estimated Closing Statement or used to determine the Estimated Net Working Capital Amount) shall not foreclose, prevent, limit or preclude any rights or remedy of Buyer set forth in this Agreement. If the Estimated Net Working Capital Amount is less than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be reduced by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount. If the Estimated Net Working Capital Amount is more than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be increased by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount.

  • Delivery Notice Notice of the Aircraft's Delivery Date, given by the Lessee as provided in Section 3.01 of the Participation Agreement and including any notice with respect to a postponed Delivery Date given by the Lessee pursuant to Section 3.05(c) of the Participation Agreement.

  • Termination Notice and Procedure Any Covered Termination by the Company or the Executive (other than a termination of the Executive’s employment that is a Covered Termination by virtue of Section 2(b)) shall be communicated by a written notice of termination (“Notice of Termination”) to the Executive, if such Notice is given by the Company, and to the Company, if such Notice is given by the Executive, all in accordance with the following procedures and those set forth in Section 24:

  • Legal Action Notice A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!