Common use of Senior Management Clause in Contracts

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 days after such Dispute arose, Sellers shall nominate and commit one of Panther’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 days after such meeting, or if such meeting has not occurred within 45 days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (WPX Energy, Inc.)

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Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 days after such Dispute arose, Sellers shall nominate and commit one a senior officer of Panther’s senior officersIPP, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 days after such meeting, or if such meeting has not occurred within 45 days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert pursuant to Section 16.0314.03, or (ii) by arbitration in accordance with the provisions of Section 14.04.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pure Resources Inc)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of 15 days after such Dispute arose, Sellers IPP shall nominate and commit one of Panther’s its senior officers, and Buyer Pure GP shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 days after such meeting, or if such meeting has not occurred within 45 days after following such Dispute arosearising, then any Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert pursuant to Section 16.0315.03, or (ii) by arbitration in accordance with the provisions of Section 15.04.

Appears in 1 contract

Samples: Contribution Agreement (Pure Resources Inc)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s and Red Willow’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 fifteen (15) days after such meeting, or if such meeting has not occurred within 45 forty five (45) days after such Dispute arose, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of 15 days after such Dispute arose, Sellers Seller shall nominate and commit one of Panther’s its senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 days after such meeting, or if such meeting has not occurred within 45 days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through by arbitration in accordance with the relevant Independent Expert pursuant to provisions of Section 16.0314.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Callon Petroleum Co)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s senior officers, and Buyer Xxxxx shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 fifteen (15) days after such meeting, or if such meeting has not occurred within 45 forty-five (45) days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of 15 days after such Dispute arose, Sellers shall nominate and commit a senior officer of one of Panther’s senior officersthem, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 days after such meeting, or if such meeting has not occurred within 45 days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert named pursuant to Section 16.0315.03, or (ii) by arbitration in accordance with the provisions of Section 15.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Toreador Resources Corp)

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Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s 's senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 fifteen (15) days after such meeting, or if such meeting has not occurred within 45 forty-five (45) days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 fifteen (15) days after such meeting, or if such meeting has not occurred within 45 forty-five (45) days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of 15 fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s and Red Xxxxxx’s senior officers, and Buyer Xxxxx shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than 30 thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of 15 fifteen (15) days after such meeting, or if such meeting has not occurred within 45 forty five (45) days after such Dispute arose, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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