Initiation of Procedure. The party seeking to initiate the Procedure (the "Initiating Party") shall give written notice to the other party setting forth a general description of the nature of the Dispute, the Initiating Party's claim for relief, and the identity of one or more individuals with authority to settle the Dispute on behalf of the Initiating Party. The party receiving such notice (the "Responding Party") shall have five business days within which to designate by written notice to the Initiating Party one or more individuals with authority to settle the Dispute on behalf of the Responding Party. The individuals so designated by the Initiating Party and the Responding Party shall be known as the "Authorized Individuals."
Appears in 2 contracts
Samples: Omnibus Agreement (Unwired Telecom Corp), Omnibus Agreement (Unwired Telecom Corp)
Initiation of Procedure. The party seeking to initiate the Procedure (the "Initiating Party") shall give written notice to the other party setting forth a parties, describing in general description of terms the nature of the Dispute, the Initiating Party's claim for relief, relief and the identity of identifying one or more individuals with authority to settle the Dispute on behalf of the Initiating such Party's behalf. The party Party(s) receiving such notice (the "Responding Party"," whether one or more) shall have five (5) business days within which to designate by written notice to the Initiating Party Party, one or more individuals with authority to settle the Dispute on behalf of the Responding such Party's behalf. The individuals so designated by the Initiating Party and the Responding Party shall be known as the "Authorized Individuals." The Initiating Party and the Responding Party shall collectively be referred as the "Disputing Parties" or individually "Disputing Party."
Appears in 2 contracts
Samples: Royalty Agreement, Oil and Gas Lease Agreement (Westside Energy Corp)
Initiation of Procedure. The party seeking to initiate the ----------------------- Procedure (the "Initiating Party") shall give written notice to the other party setting forth a general description of the nature of the Dispute, the Initiating Party's claim for relief, and the identity of one or more individuals with authority to settle the Dispute on behalf of the Initiating Party. The party receiving such notice (the "Responding Party") shall have five business days within which to designate by written notice to the Initiating Party one or more individuals with authority to settle the Dispute on behalf of the Responding Party. The individuals so designated by the Initiating Party and the Responding Party shall be known as the "Authorized Individuals."
Appears in 1 contract
Initiation of Procedure. The party Any Party seeking to initiate the Procedure (the "“Initiating Party"”) shall give written notice to the other party setting forth a Parties, describing in general description of terms the nature of the Dispute, the Initiating Party's ’s claim for relief, relief and the identity of identifying one or more individuals with authority to settle the Dispute on behalf of the such Initiating Party’s behalf. The party Party(s) receiving such notice (the "“Responding Party"”, whether one or more) shall have five business days (5) Business Days within which to designate by written notice to the Initiating Party Party, one or more individuals with authority to settle the Dispute on behalf of the such Responding Party’s behalf. The individuals so designated by shall be known as the “Authorized Individuals.” The Initiating Party and the Responding Party shall collectively be known referred as the "Authorized Individuals“Disputing Parties” or individually “Disputing Party."”
Appears in 1 contract
Samples: Merger Agreement (Stericycle Inc)
Initiation of Procedure. The party seeking to initiate the Procedure (the "Initiating Party") shall give written notice to the other party setting forth a party, describing in general description of terms the nature of the Dispute, the Initiating Party's claim for relief, relief and the identity of identifying one or more individuals with authority to settle the Dispute on behalf of the Initiating Partysuch party's behalf. The party receiving such notice (the "Responding Party") shall have five (5) business days within which to designate by written notice to the Initiating Party Party, one or more individuals with authority to settle the Dispute on behalf of the Responding Partysuch party's behalf. (The individuals so designated by the Initiating Party and the Responding Party shall be known as the "Authorized Individuals".")
Appears in 1 contract
Samples: Operating Agreement (North American Gaming & Entertainment Corp)
Initiation of Procedure. The party seeking to initiate the Procedure resolution of a Dispute (the "“Initiating Party"”) shall give written notice to the other party setting forth a party, describing in general description of terms the nature of the Dispute, the Initiating Party's ’s claim for relief, relief and the identity of identifying one or more individuals with authority to settle the Dispute on behalf of the Initiating Partysuch party’s behalf. The party receiving such notice (the "“Responding Party",”) shall have five (5) business days within which to designate by written notice to the Initiating Party Party, one or more individuals with authority to settle the Dispute on behalf of the Responding Partysuch party’s behalf. The individuals so designated by shall be known as the “Authorized Individuals.” The Initiating Party and the Responding Party shall collectively be known referred to as the "Authorized Individuals“Disputing Parties” or individually the “Disputing Party."”
Appears in 1 contract
Samples: Executive Employment Agreement (Cano Petroleum, Inc)