Dispute Costs definition
Examples of Dispute Costs in a sentence
For example, if the Purchaser claims that the amount of the Leakage is $1,000 greater than the amount of the Leakage contained in Seller’s Leakage Objection Notice in accordance with Section 3.2(b) and if the arbitral tribunal, in accordance with Section 11.10, ultimately resolves the dispute by awarding to the Purchaser $300 of the $1,000 contested, then the Leakage Dispute Costs will be allocated 30% (i.e., 300 ÷ 1,000) to the Purchaser and 70% (i.e., 700 ÷ 1,000) to the Seller.
In the case of a Payment Resolution, each Party will contribute, in proportion to its Stage II Ownership Interest, to the payment made to a Right Holder in connection with any Payment Resolution and to the payment of the associated Dispute Costs.
The party which does not prevail in any such action shall bear all legal costs and expenses (including fees and disbursements of outside counsel, experts and other consultants) of the winning party out of the Total Escrowed Cash and/or the Contingent Payments (any such amount payable out of Contingent Payments, the “Contingent Payments Dispute Costs Adjustment”).
DISPUTE RESOLUTION 40 11.1 Dispute Resolution 40 11.2 Allocation of Dispute Costs 40 11.3 Consent to Jurisdiction 41 11.4 Waiver of Jury Trial and Inconvenient Forum Claim 41 12.
In the case of a Sale Resolution, the Asset Party will contribute to Wireless, in lieu of the Conveyed Asset disposed of in such Sale Resolution, the Net Proceeds (as defined in the Alliance Agreement, but less any associated Dispute Costs not otherwise included in Netting Expenses) from the disposition of such Conveyed Asset.
DISPUTE RESOLUTION 32 11.1 Negotiation Between Executives 32 11.2 Mediation 32 11.3 Arbitration 32 11.4 Allocation of Dispute Costs 32 11.5 Waiver Of Jury Trial 32 12.