Initiation of Procedure. The Partner seeking to initiate the Procedure (the "Initiating Partner") shall give written notice to the other Partners, describing in general terms the nature of the Dispute, the Initiating Partner's claim for relief an identifying one or more individuals with authority to negotiate the Dispute on such Partner's behalf. The Partner(s) receiving such notice (the "Responding Partner," whether one or more) shall have five (5) business days within which to designate by written notice to the Initiating Partner, one or more individuals with authority to negotiate the Dispute on such Partner's behalf. The individuals so designated shall be known as the "Authorized Individuals." The Initiating Partner and the Responding Partner shall collectively be referred to as the "Disputing Partners" or individually "Disputing Partner."
Appears in 11 contracts
Samples: Partnership Agreement (Miller Lloyd I Iii), Partnership Agreement (American Banknote Corp), Partnership Agreement (Miller Lloyd I Iii)
Initiation of Procedure. The Partner seeking to initiate the Procedure (the "Initiating Partner") shall give written notice to the other Partners, describing in general terms the nature of the Dispute, the Initiating Partner's claim for relief an and identifying one or more individuals with authority to negotiate settle the Dispute on such Partner's behalf. The Partner(s) receiving such notice (the "Responding Partner," ", whether one or more) shall have five (5) business days within which to designate by written notice to the Initiating Partner, one or more individuals with authority to negotiate settle the Dispute on such Partner's behalf. The individuals so designated shall be known as the "Authorized Individuals." ". The Initiating Partner and the Responding Partner shall collectively be referred to as the "Disputing Partners" or individually "Disputing Partner"."
Appears in 2 contracts
Samples: Partnership Agreement, Partnership Agreement (Troutt Kenny A)
Initiation of Procedure. The Partner seeking to initiate the ------------------------- Procedure (the "Initiating Partner") shall give written notice to the other Partners, describing in general terms the nature of the Dispute, the Initiating Partner's claim for relief an identifying one or more individuals with authority to negotiate the Dispute on such Partner's behalf. The Partner(s) receiving such notice (the "Responding Partner," whether one or more) shall have five (5) business days within which to designate by written notice to the Initiating Partner, one or more individuals with authority to negotiate the Dispute on such Partner's behalf. The individuals so designated shall be known as the "Authorized Individuals." The Initiating Partner and the Responding Partner shall collectively be referred to as the "Disputing Partners" or individually "Disputing Partner."
Appears in 2 contracts
Samples: Partnership Agreement (Aldila Inc), Partnership Agreement (Aldila Inc)