Common use of Settlement and Objection Appeals Clause in Contracts

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:

Appears in 4 contracts

Samples: Stove Studio Paid Service Agreement, Stove Studio Paid Service Agreement, Stove Studio Paid Service Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.