Examples of Benchmarking Notice in a sentence
If the parties cannot agree upon an independent benchmarker within 10 Business Days of the Benchmarking Notice, the Customer may appoint an independent third party benchmarker which the Customer reasonably considers to possess the adequate expertise to carry out the Benchmarking Activities, subject to such third party not being a direct competitor of the Supplier.
Accordingly, unless otherwise mutually agreed by the Parties, a particular Benchmarking will be limited to those core Services identified in the Price Review/Benchmarking Sampling List attached as Schedule 8.7, together with a selection of other Services, if any, that TELUS acting reasonably designates in the Benchmarking Notice.
The Benchmarking Notice shall specify the particular Services and service locations which will be the subject of the Benchmarking.
If the Parties cannot agree on a Benchmarker within [***] from the date of the Benchmarking Notice (or such shorter or longer period as they may mutually agree in writing), then the matter shall be immediately referred to the EGC for determination.
TELUS may elect to include a Service Level review (a “Service Level Review”) as part of any Price Review or Benchmarking by including such request in the Price Review Notice or the Benchmarking Notice, as applicable.
The IPE may withdraw any Benchmarking Notice, and cancel the appointment of the Benchmarking Advisor (as defined in sub-paragraph 2.1 below), at any time before acceptance by the Benchmarking Advisor of his or her appointment (or at any time with LCH’s written consent).
The effective date of any price adjustments will be the date of the Benchmarking Notice.
In the event that the Parties are unable or unwilling to reach agreement on actions to be taken to address the issues raised in the Benchmarking Notice, then BioHorizons may, in its sole discretion, be relieved of its obligations under Section 1(m).
The parties shall meet with the Third Party Benchmarker within 15 days after the Benchmarking Notice for the purpose of initiating the Benchmarking and obtaining the Benchmarker’s plan.
The CONTRACTOR shall, to the extent that it is not precluded from doing so by confidentiality obligations owed to third parties, provide to the Trusted Third Party all such information as is described in the Benchmarking Notice as well as all such information as may be requested by the Trusted Third Party.