Dispute Process definition

Dispute Process means the dispute resolution process set down in clause 9.4.

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Dispute Process means with respect to any item of Eligible Collateral a process starting on the Business Day on which the Lender delivered a Market Value Dispute Notice (such day a “Dispute Start Date”) and ending on the day that is 15 days following the Dispute Start Date (such day a “Dispute End Date”) and in connection with which the Lender shall (a) specify in the Market Value Dispute Notice its determination of the market value of such Eligible Collateral (such determination the “Dispute Value”) and (b) the Borrower shall engage an Approved Third-Party Appraiser and obtain on or before (but in each case no later than) the Dispute End Date a valuation report with respect to such Market Value.

Dispute Process means the process set out in section 23;

Examples of Dispute Process in a sentence

• This Agreement may terminate if there is a failure to resolve to the Disputing Party’s (as defined in the ACCA) satisfaction two (2) material Disputes (as defined in the ACCA) initiated in the same fiscal year or three (3) material Disputes initiated in any two consecutive fiscal years upon conclusion of the Dispute Process set forth in ARTICLE 9 of the ACCA, including through the issuance of a final decision in any arbitration proceeding initiated in accordance with Section 9.1.3(5) of the ACCA.

• Either party may terminate the extended Informal Dispute Process by providing written notice to the other party.

• By so invoking the terms of this Limited Warranty in whole or in part, the claimant agrees to stay any dispute resolution, arbitration or litigation in favor of arbitration as set forth in the Warranty Claim Dispute Process section of this Limited Warranty.

• Where there is an impasse which cannot be resolved by means of conciliation between appropriate individuals, then as a last resort the Chair will be requested to invoke the Dispute Process which is set out in the Business Framework (Annex (iii)).

• Absent manifest error, failure to contest fee(s) or charge(s) pursuant to the Payment Dispute Process shall create an irrefutable presumption of correctness of the fee(s) or charge(s), and Client shall be deemed to have waived its dispute rights for the applicable invoice and agreed to pay such invoice in full.

More Definitions of Dispute Process

Dispute Process means, if the Required Lenders dispute the applicable determination by the Board of Managers of the Fair Market Value, the Required Lenders or the Administrative Agent may deliver to the Board of Managers a written notice of objection including in reasonable detail their objections to Holdings’ calculation of Fair Market Value (the “Objection Notice”) within 30 days after the Board of Mangers delivered its applicable determination of the Fair Market Value, then Fair Market Value shall be determined as follows: Within 30 days of the delivery of the Objection Notice, the Required Lenders and Holdings shall select the Independent Financial Expert. Within 30 days of the engagement of the Independent Financial Expert by Holdings, the Required Lenders, on the one hand, and Holdings, on the other hand, shall submit to the Independent Financial Expert and exchange with each other, their calculation of Fair Market Value. Within 15 days of the receipt by the Required Lenders, on the one hand, and Holdings, on the other hand, of the other’s calculation of Fair Market Value pursuant to the preceding sentence, each shall submit to the Independent Financial Expert and exchange with each other, any responsive or supplemental statement in writing. The Independent Financial Expert shall make its determination solely based on the written materials submitted by the parties, and none of Holdings, the Administrative Agent, or the Lenders shall have any ex parte communications with the Independent Financial Expert. Within no more than 30 days following the submission of supplemental statements (or the deadline for submitting such supplemental statements, if none were submitted), the Independent Financial Expert shall select one of the calculations submitted by either the Required Lenders or Holdings as the Fair Market Value. The selection by the Independent Financial Expert of Fair Market Value shall be final and binding upon the parties. The fees, costs and expenses of the Independent Financial Expert for the first two Dispute Process proceedings shall be paid by the Company; thereafter, such fees, costs and expenses shall be paid 100% by the party whose calculation of Fair Market Value was not selected by the Independent Financial Expert. If the Lenders are required to pay the fees, costs and expenses of the Independent Financial Expert pursuant to the foregoing sentence, such fees, costs and expenses (the “Set-Off Amount”) shall be promptly paid by the Borrower and the oblig...

Dispute Process has the meaning set out in clause 9.1.

Dispute Process means the process set out in section 24;

Dispute Process means the process for addressing Disputes set forth in Section 9.1.

Dispute Process means the process set out in section 20;

Dispute Process means the process set out in clause 5.7;

Dispute Process means the process set out in the Dispute Process Schedule;