Common use of Selection of Neutral Clause in Contracts

Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral person (the “Neutral”) to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute to select the Neutral.

Appears in 4 contracts

Samples: Drug Substance Validation and Supply Agreement (Supergen Inc), Asset Purchase Agreement (Ferro Corp), Asset Purchase Agreement (Ferro Corp)

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Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral person third-party (the "Neutral") to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute to select the Neutral.

Appears in 4 contracts

Samples: Share Purchase Agreement (Ferro Corp), Purchase Agreement (Ferro Corp), Purchase Agreement (Ferro Corp)

Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral person (the "Neutral") to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute for Dispute Resolution to select the Neutral.

Appears in 1 contract

Samples: Share Purchase Agreement (Norcross Capital Corp)

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Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral person (the "Neutral") to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute to select the Neutral.

Appears in 1 contract

Samples: Pharmaceutical Development Agreement (Bioenvision Inc)

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