Common use of THE NEUTRAL'S VIEWS Clause in Contracts

THE NEUTRAL'S VIEWS. The Neutral (i) shall, unless requested not to do so by both parties, provide his opinion to both parties on the probable outcome should the matter be litigated, and (ii) shall make one or more recommendations as to the terms of a possible settlement, upon any conditions imposed by the parties (including, but not limited to, a minimum and maximum amount). The Neutral shall base his opinions and recommendations on information available to both parties, excluding such information as may be disclosed to him by the parties in confidence. The opinions and recommendations of the Neutral shall not be binding on the parties.

Appears in 9 contracts

Samples: Master Patent License Agreement (Millipore Corp /Ma), Master Patent License Agreement (Mykrolis Corp), How Agreement (Mykrolis Corp)

AutoNDA by SimpleDocs

THE NEUTRAL'S VIEWS. The Neutral (iI) shall, unless requested not to do so by both parties, provide his opinion to both parties on the probable outcome should the matter be litigated, and (iiII) shall make one or more recommendations as to the terms of a possible settlement, upon any conditions imposed by the parties (including, but not limited to, a minimum and maximum amount). The Neutral shall base his opinions and recommendations on information available to both parties, excluding such information as may be disclosed to him by the parties in confidence. The opinions and recommendations of the Neutral shall not be binding on the parties.

Appears in 7 contracts

Samples: Master Trademark License Agreement (Millipore Microelectronics Inc), Master Patent Grantback License Agreement (Millipore Microelectronics Inc), Master Patent License Agreement (Millipore Microelectronics Inc)

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