Settlement and Objection Appeals Sample Clauses

Settlement and Objection Appeals. The Partner may only raise a written objection to the Report it has received pursuant to Article 4.3 within eight (8) business days after the last day of each applicable calendar month (“Objection Period”). To clarify, the Partner may only raise a written objection to the May Report within the first eight (8) business days of June. However, if the Partner does not receive a Report pursuant to Article 4.3 within seven (7) business days from the last day of the applicable month because of reasons solely attributable to SGS, the Partner may raise a written objection within three (3) business days from the date of receipt of the Report (“Additional Objection Period”). If the Partner does not raise a written objection within the Objection Period or the Additional Objection Period, it shall be deemed that the Partner accepts such Report without objection; provided, however, that if the Partner raises a written objection to the Report within the Objection Period or the Additional Objection Period, the Parties shall discuss in good faith to resolve such objection by mutual agreement, and the amount under dispute will be settled as follows:
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Settlement and Objection Appeals. The Partner may raise a written objection to the Report within three (3) business days after the date of provision of the applicable Report pursuant to Article 4.3 (“Objection Period”). If the Partner does not raise a written objection within the Objection Period, it shall be deemed that the Partner accepts such Report without objection; provided, however, that if the Partner raises a written objection to the Report within the Objection Period, the Parties shall discuss in good faith to resolve such objection by mutual agreement, after which SGS shall issue and provide a new Report to the Partner. In the event that such objection cannot be amicably resolved within three (3) business days after SGS’s receipt of the Partner’s written objection, only the undisputed portion of the amounts described in this Article 4.4 shall be settled pursuant to Article 4.5, and the disputed portion shall be settled in the calendar month (M+1) following the calendar month (M) of the Report upon mutual agreement of the Parties.

Related to Settlement and Objection Appeals

  • Response to Objections Each Party retains the right to respond to any objection raised by a Participating Class Member, including the right to file responsive documents in Court no later than five court days prior to the Final Approval Hearing, or as otherwise ordered or accepted by the Court.

  • Arbitration Decisions Unless otherwise agreed by the Parties, the arbitrator(s) shall render a decision within ninety (90) Calendar Days of appointment and shall notify the Parties in writing of such decision and the reasons therefor. The arbitrator(s) shall be authorized only to interpret and apply the provisions of this LGIA and shall have no power to modify or change any provision of this Agreement in any manner. The decision of the arbitrator(s) shall be final and binding upon the Parties, and judgment on the award may be entered in any court having jurisdiction. The decision of the arbitrator(s) may be appealed solely on the grounds that the conduct of the arbitrator(s), or the decision itself, violated the standards set forth in the Federal Arbitration Act or the Administrative Dispute Resolution Act. The final decision of the arbitrator(s) must also be filed with FERC if it affects jurisdictional rates, terms and conditions of service, Interconnection Facilities, or Network Upgrades.

  • Alternative Arbitration Proceedings Alternatively, the Parties may refer the matter to the Nairobi Centre for International Arbitration (NCIA) which offers a neutral venue for the conduct of national and international arbitration with commitment to providing institutional support to the arbitral process.

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