Common use of Initial Notice of Disagreement Clause in Contracts

Initial Notice of Disagreement. (i) The party (the "Remitting Party") receiving a schedule or other notice regarding a payment required pursuant to this Agreement shall have 30 days from the date of the delivery of such schedule or other notice to register its disagreement with all or a portion of such payment (each such disagreement a "Disputed Item"). (ii) The Remitting Party shall register its disagreement by delivering to the other party (the "Recipient") within such 30 day period a written notice (an "Initial Notice of Disagreement") that (A) specifically enumerates each Disputed Item, (B) describes the grounds for the Remitting Party's disagreement with each Disputed Item, and (C) states the amount in dispute (or a good faith estimate thereof) with respect to each Disputed Item. (iii) If, within the 30 day period described in Section 6.2(b)(i), the Remitting Party does not deliver an Initial Notice of Disagreement that satisfies the requirements of Section 6.2(b)(ii) with respect to all or a portion of a payment described in Section 6.2(b)(i), then the Remitting Party will be deemed to have (A) accepted and acknowledged its liability for such payment or portion thereof, and (B) waived its right to a Determination by an Independent Third Party pursuant to Section 6.2(f) with respect to such payment or portion thereof.

Initial Notice of Disagreement. (i) The party (the "Remitting PartyREMITTING PARTY") receiving a schedule or other notice regarding a payment required pursuant to this Agreement shall have 30 days from the date of the delivery of such schedule or other notice to register its disagreement with all or a portion of such payment (each such disagreement a "Disputed ItemDISPUTED ITEM"). (ii) The Remitting Party shall register its disagreement by delivering to the other party (the "RecipientRECIPIENT") within such 30 day period a written notice (an "Initial Notice of DisagreementINITIAL NOTICE OF DISAGREEMENT") that (A) specifically enumerates each Disputed Item, (B) describes the grounds for the Remitting Party's disagreement with each Disputed Item, and (C) states the amount in dispute (or a good faith estimate thereof) with respect to each Disputed Item. (iii) If, within the 30 day period described in Section 6.2(b)(i10(b)(i), the Remitting Party does not deliver an Initial Notice of Disagreement that satisfies the requirements of Section 6.2(b)(ii10(b)(ii) with respect to all or a portion of a payment described in Section 6.2(b)(i10(b)(i), then the Remitting Party will be deemed to have (A) accepted and acknowledged its liability for such payment or portion thereof, thereof and (B) waived its right to a Determination by an Independent Third Party pursuant to Section 6.2(f10(f) with respect to such payment or portion thereof.

Initial Notice of Disagreement. (ia) The In the event of any disagreement regarding the application or interpretation of the Tax Law under this Agreement, the party (the "Remitting Disputing Party") receiving disputing such application or interpretation shall have thirty (30) days from the delivery of a schedule or other notice regarding a payment required pursuant to this Agreement shall have 30 days from the date of the delivery of in which such schedule application or other notice interpretation is made to register its disagreement with all or a portion of such payment interpretation (each such disagreement a "Disputed Item"). Any other disagreements under this Agreement shall be resolved under the dispute resolution procedures set forth in the Master Agreement. (iib) The Remitting Disputing Party shall register its disagreement by delivering to the other party (the "RecipientNon-Disputing Party") within such 30 thirty (30) day period a written notice (an "Initial Notice of Disagreement") that (A1) specifically enumerates each Disputed Item, (B2) describes the grounds for the Remitting Disputing Party's disagreement with each Disputed Item, and (C3) states the amount in dispute (or a good faith estimate thereof) with respect to each Disputed Item. (iiic) If, The failure of the Disputing Party within the 30 thirty (30) day period described in Section 6.2(b)(i), the Remitting Party does not 10.1(b) to deliver an Initial Notice of Disagreement Disagreement, that satisfies the requirements of Section 6.2(b)(ii) 10.1(b), with respect to all or a portion of a payment any application or interpretation described in Section 6.2(b)(i), then the Remitting Party will 10.1(a) shall be deemed to have constitute (A1) accepted an acceptance and acknowledged acknowledgment by such party of its liability for such the required payment or portion thereof, thereof and (B2) waived a waiver by such party of its right to a Determination by an Independent Third Party a Tax Arbiter pursuant to Section 6.2(f) 10.5 of this Agreement with respect to such payment or portion thereof.