Role of DRT. The Dispute Resolution Team of each party shall consist of that party’s then existing Committee of Disinterested Persons together with that party’s Executive Committee. Each party’s DRT shall represent it during the dispute resolution proceedings; and the DRT shall make recommendations for final decisions regarding dispute resolution to its Board. The final decision on such recommendation shall, however, be reserved to and made by the respective Boards of the parties.
Appears in 5 contracts
Samples: Management Services Agreement (Granite Falls Energy, LLC), Management Services Agreement (Heron Lake BioEnergy, LLC), Management Services Agreement (Granite Falls Energy, LLC)
Role of DRT. The Dispute Resolution Team of each party shall consist of that party’s 's then existing Committee of Disinterested Persons together with that party’s 's Executive Committee. Each party’s 's DRT shall represent it during the dispute resolution proceedings; and the DRT shall make recommendations for final decisions regarding dispute resolution to its Board. The final decision on such recommendation shall, however, be reserved to and made by the respective Boards of the parties.
Appears in 2 contracts
Samples: Management Services Agreement (Homeland Energy Solutions LLC), Management Services Agreement (Golden Grain Energy)
Role of DRT. The Dispute Resolution Team of each party shall consist of that party’s then existing Committee of Disinterested Persons together with that party’s Executive Committee. Each party’s DRT shall represent it during the dispute resolution proceedings; and the DRT shall make recommendations for final decisions regarding dispute resolution to its Board. The final decision on such recommendation shall, however, be reserved to and made by the respective Boards of the parties..
Appears in 1 contract
Samples: Management Services Agreement (Heron Lake BioEnergy, LLC)
