Non-Binding Opinion Sample Clauses

Non-Binding Opinion. In keeping with the spirit and intent of the parties to resolve grievances as quickly as possible, following the formal grievance procedure but prior to arbitration, either party may request a third party “non binding opinion”. If both parties agree to this additional step, a brief written submission; including a summary of the issue, the alleged violation of the collective agreement, and the remedy sought, will be submitted by each party to an agreed to third party for a non binding recommended settlement. An Agreed Statement of Facts may also be provided. Following, the review of the written submissions, the third party shall render their non binding opinion within two weeks of completing, the review. The cost of the third party will be shared equally between the Union and BC Hydro. Any non binding opinion as a result of this process shall not be put into evidence during any Arbitration.
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Non-Binding Opinion. You may ask the Trustee for a non-binding opinion on whether CFM’s conduct violates the Conduct Policies. If the Trustee determines that CFM is in violation of the Conduct Policies, then CFM must inform you and the Trustee of whether it plans to implement the Trustee’s decision. If CFM states that it intends to comply, then it has 60 days to do so. But note that the use of the Trustee for a non-binding opinion is not a mandatory step in the dispute resolution process. You are free to proceed directly to arbitration (after consulting with the CFM Liaison Officer). ➢ Arbitration: If the CFM Liaison Officer does not satisfy your concerns, you can initiate arbitration administered by the International Chamber of Commerce (ICC), or ad hoc arbitration conducted under the UNCITRAL Rules of Arbitration.5 In both cases, the decisions and awards of the Arbitral Tribunal will be final and binding. If you succeed in arbitration, CFM may be subject to damages and 5 By initiating arbitration proceedings, beneficiaries forfeit their rights to seek redress for the alleged breach before other judicial or other forums.
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Non-Binding Opinion. If no agreement is reached, either party may invite the Mediator to provide both parties a non-binding opinion in writing. Such opinion shall not be used in evidence in any concurrent or subsequent proceedings, without the prior written consent of both parties.
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Non-Binding Opinion. If no agreement is reached, either partner may invite the Mediator to provide to both Partners a non-binding opinion in writing. Such opinion shall not be used in evidence in any concurrent or subsequent proceeding, without the prior written consent of both Partners.
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Related to Non-Binding Opinion

  • Agreement Binding on Successors This Agreement will be binding upon, and inure to the benefit of, the successors of each of the Parties.

  • Non-Binding Unless expressly authorised in writing by the Group-Wide Lenders and then on such terms and conditions as the Group-Wide Lenders may require, the Steering Committee shall not negotiate the terms of or enter into any agreement on behalf of the Group-Wide Lenders of any of them. This Clause 19 and Clause 14.4 may be relied upon by any member of the Steering Committee notwithstanding the provisions of Clause 17.11.

  • Binding Nature This Agreement shall be binding upon, and inure to the benefit of, the successors and personal representatives of the respective parties hereto.

  • Binding Provisions This Agreement is binding upon, and inures to the benefit of, the parties hereto and their respective heirs, executors, administrators, personal and legal representatives, successors, and permitted assigns.

  • SUCCESSION AND BINDING AGREEMENT Except as otherwise set forth herein, all of the terms and provisions of this Agreement shall be binding upon and shall inure to the benefit of the successors and assignees of Department and Concessionaire and binding on a Trustee in bankruptcy.

  • Execution and Binding Obligation This Agreement has been duly executed and delivered by the Purchaser, and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms subject only to any limitation under bankruptcy, insolvency or other Law affecting the enforcement of creditors’ rights generally and the discretion that a court may exercise in the granting of equitable remedies such as specific performance and injunction.

  • Valid and Binding Obligation This Agreement constitutes the legal, valid and binding obligation of the Grantor, enforceable against the Grantor in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies, and (iii) to the extent the indemnification provisions contained in this Agreement may be limited by applicable federal or state securities laws.

  • Binding Obligation Each Receivable shall constitute the genuine, legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except as enforceability may be subject to or limited by bankruptcy, insolvency, reorganization, moratorium, liquidation or other similar laws affecting the enforcement of creditors’ rights in general and by general principles of equity, regardless of whether such enforceability shall be considered in a proceeding in equity or at law.

  • Binding on Successors This Agreement will be binding on, and will inure to the benefit of, the parties to it and their respective heirs, legal representatives, successors, and assigns.

  • EFFECTIVE AND BINDING AGREEMENT Xxxxx and OIG agree as follows:

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