TERMINATION OF PROCEDURE Sample Clauses

TERMINATION OF PROCEDURE. The Disputing Partners agree to participate in the mediation procedure to its conclusion. The mediation shall be terminated (1) by the execution of a settlement agreement by the Disputing Partners, (2) by a declaration of the mediator that the mediation is terminated, or (3) by a written declaration of a Disputing Partner to the effect that the mediation process is terminated at the conclusion of one full day's mediation session. Even if the mediation is terminated without a resolution of the Dispute, the Disputing Partners agree not to terminate negotiations and not to commence any litigation or other legal proceedings to resolve the Dispute ("Additional Proceedings") prior to the expiration of five (5) days following the mediation. Notwithstanding the foregoing, any Disputing Partner may commence Additional Proceedings within such five (5) day period if the Dispute could be barred by an applicable statute of limitations.
AutoNDA by SimpleDocs
TERMINATION OF PROCEDURE. The parties agree to participate in the ADR in good faith to its conclusion (as designated by the Neutral) and not to terminate negotiations concerning resolution of the matters in Dispute until at least ten (10) days thereafter. Each party agrees not to commence any other proceeding or to seek other remedies prior to the conclusion of the ten-day post-ADR negotiation period; provided, however, that either party may commence -------- ------- litigation within five (5) days prior to the date after which the commencement of litigation could be barred by an applicable statute of limitations or in order to request an injunction to prevent irreparable harm, in which event, the parties agree (except as prohibited by court order) to nevertheless continue to participate in the ADR to its conclusion.
TERMINATION OF PROCEDURE. The Disputing Members agree to participate in the mediation procedure to its conclusion. The mediation shall be terminated: (i) by the execution of a settlement agreement by the Disputing Members; (ii) by a declaration of the mediator that the mediation is terminated; or (iii) by a written declaration of a Disputing Member to the effect that the mediation process is terminated at the conclusion of one full day's mediation session. Even if the mediation is terminated without a resolution of the Dispute, the Disputing Members agree not to terminate good faith negotiations and not to commence any Additional Proceedings prior to the expiration of five (5) business days following the mediation. Notwithstanding the foregoing, any Disputing Member may commence Additional Proceedings within such five (5) business day period if the Dispute could be barred by an applicable statute of limitations.
TERMINATION OF PROCEDURE. The parties agree to participate in the mediation procedure to its conclusion. The mediation shall be terminated (i) by the execution of a settlement agreement by the parties, (ii) by a declaration of the mediator that mediation is terminated, or (iii) by a written declaration by one of the parties to the effect that the mediation process is terminated at the conclusion of one full day's mediation session.
TERMINATION OF PROCEDURE. The parties agree to participate in the mediation procedure to its conclusion. The mediation shall be terminated (i) by the execution of a settlement agreement by the parties, (ii) by a declaration of the mediator that the mediation is terminated, or (iii) by a written declaration of a party to the effect that the mediation process is terminated at the conclusion of one full day's mediation session. Even if the mediation is terminated without a resolution of the Dispute, the parties agree not to terminate negotiations and not to commence any legal action or seek other remedies prior to the expiration of five days following the mediation. Notwithstanding the foregoing, any party may commence litigation within such five day period if litigation could be barred by an applicable statute of limitations or in order to perpetuate an injunction.
TERMINATION OF PROCEDURE. The parties agree to participate in the ADR in good faith to its conclusion (as designated by the Neutral) and not to terminate negotiations concerning resolution of the matters in Dispute until at least ten (10) days thereafter. Each party agrees not to commence any other proceeding or to seek other remedies prior to the conclusion of the ten-day post-ADR negotiation period; PROVIDED, HOWEVER, that either party may commence -------- ------- litigation within five (5) days prior to the date after which the commencement of litigation could be barred by an applicable statute of limitations or in order to request an injunction to prevent irreparable harm, in which event, the parties agree (except as prohibited by court order) to nevertheless continue to participate in the ADR to its conclusion.
TERMINATION OF PROCEDURE. The termination of procedure administrative act shall be informed to the awardee or awardees and to the other bidders, within THREE (3) days of the mentioned respective act. Awarding shall be given to more convenient bid for jurisdiction or contracting entity. It could be awarded even when only one bid has been submitted. Awarding could be granted by line or group of lines, according to the special bidding terms and conditions. In those cases where several lines have been distributed in the same item, awardings shall be granted considering the quoted item regardless of the line in which the provider has offered. In cases where partial quotation is permitted, awarding could be partial even when the bidder had quoted for the total amount of the requested quantity for each line. SECTION 35º.- NOTICE FOR THE PURCHASE OR SALE ORDER Notice for the purchase or sale order to the awardee will cause the execution of the contract and that notice will take place within TEN (ten) days after the notice of the administrative act of award. For the case where the period of the above paragraph is due and the notice of the purchase or sale order has not been formalized due to reasons not attributable to the awardee, he may withdraw his bid without the application of any penalty or fines.
AutoNDA by SimpleDocs
TERMINATION OF PROCEDURE. The parties to the Dispute agree ------------------------ to participate in the mediation procedure to its conclusion. The mediation shall be terminated (i) by the execution of a settlement agreement by the parties to the Dispute, (ii) by a declaration of the mediator that the mediation is terminated, or (iii) by a written declaration of a party to the Dispute to the effect that the mediation process is terminated at the conclusion of one full day's mediation session. Even if the mediation is terminated without a resolution of the Dispute, the parties to the Dispute agree not to terminate negotiations and not to commence any legal action or seek other remedies prior to the expiration of five days following the mediation. Notwithstanding the foregoing, any party may commence litigation within such five day period if litigation could be barred by an applicable statute of limitations or in order to request an injunction to prevent irreparable harm.
TERMINATION OF PROCEDURE. 30 Section 9.11. Fees of Neutral; Disqualification...................................... 30 Section 9.12.
TERMINATION OF PROCEDURE. The Vendors and the Purchaser agree to participate in the mediation for at least four (4) hours (unless terminated earlier by the Mediator). After that time, either the Vendors or the Purchaser may leave the mediation at any time. If the mediation does not yield a settlement, the Vendors and the Purchaser agree not to take any action (other than good faith attempts to negotiate a settlement to the dispute) prior to the conclusion of a five (5) day post-mediation period that commences on the day after the conclusion of the mediation process.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!