Common use of Senior Executives Clause in Contracts

Senior Executives. Failing resolution during the period provided in the preceding paragraph (a), each Party shall proceed with a hearing by senior executives of Buyer and Seller (“Senior Executives”). Each Party shall appoint a Senior Executive, and the Senior Executives shall meet in person within ten (10) Business Days after the end of the period described in the preceding paragraph (a) and in good faith attempt to resolve the dispute. If the Senior Executives cannot resolve the dispute within fifteen (15) Business Days after their initial meeting, the aggrieved Party may terminate this Agreement and exercise such other remedies as may be available to it (whether at law or in equity).

Appears in 3 contracts

Samples: Transition Services Agreement (Proquest Co), Stock and Asset Purchase Agreement (Proquest Co), Transition Services Agreement (Snap on Inc)

AutoNDA by SimpleDocs

Senior Executives. Failing resolution during the period provided in the preceding paragraph (a), each Party shall proceed with a hearing by senior executives of Buyer and Seller Parent (“Senior Executives”). Each Party shall appoint a Senior Executive, and the Senior Executives shall meet in person within ten (10) Business Days after the end of the period described in the preceding paragraph (a) and in good faith attempt to resolve the dispute. If the Senior Executives cannot resolve the dispute within fifteen (15) Business Days after their initial meeting, the aggrieved Party may terminate this Agreement and and/or exercise such other remedies as may be available to it (whether at law or in equity).

Appears in 1 contract

Samples: Subscription Agreement and Plan of Merger (Proquest Co)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!