Common use of Initiation of Procedure Clause in Contracts

Initiation of Procedure. The initiating party shall give written notice to the other party, describing the nature of the Dispute and its claim for relief and identifying one or more individuals with authority to resolve the Dispute on such party's behalf. The other party shall have five (5) business days from receipt of such notice within which to designate in writing one or more individuals with authority to resolve the Dispute on such party's behalf.

Appears in 1 contract

Samples: Asset Purchase Agreement (Physicians Trust Inc)

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Initiation of Procedure. The initiating party shall give written notice to the other party, describing the nature of the Dispute and Dispute, its claim for relief and identifying one or more individuals with authority to resolve the Dispute on such party's behalf. The other party shall have five (5) business days from receipt of such notice within which to designate in writing one or more individuals with authority to resolve the Dispute on such party's behalf.

Appears in 1 contract

Samples: Asset Purchase and Contribution Agreement (Physician Health Corp)

Initiation of Procedure. The initiating party shall ----------------------- give written notice to the other party, describing the nature of the Dispute and Dispute, its claim for relief and identifying one or more individuals with authority to resolve the Dispute on such party's behalf. The other party shall have five (5) business days from receipt of such notice within which to designate in writing one or more individuals with authority to resolve the Dispute on such party's behalf.

Appears in 1 contract

Samples: Stock Option Agreement (Physician Health Corp)

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Initiation of Procedure. The initiating party shall give written notice to the other party, parties describing the nature of the Dispute and Dispute, its claim for relief and identifying one or more individuals with authority to resolve the Dispute on such party's behalf. The other party parties shall each have five (5) business days from receipt of such notice within which to designate in writing one or more individuals with authority to resolve the Dispute on such each other party's behalf.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Physician Health Corp)

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