Final Impasse definition

Final Impasse is defined in Section 12.1(b).
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Final Impasse shall have the meaning set forth in Section 15.16(b).
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Final Impasse has the meaning set forth in Section 13.4(c).
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Examples of Final Impasse in a sentence

  • Within forty-five (45) days of notice of Final Impasse (or pursuant to the provisions of SECTIONS 6.2 or 6.3), either Shareholder (the "OFFERING SHAREHOLDER") may deliver a written Offer to purchase all, but not less than all, of the Joint Venture Interest held by the other Shareholder at a cash Offer Price, fully payable on or before sixty (60) days after notice of the Offer.

  • Following the IRC’s failure to vote on and submit a second round of congressional maps, the Legislature assumed control over the redistricting process.9 Pursuant to the 2021 5See Joshua Solomon, Independent Redistricting Commission Comes to a Likely Final Impasse, Times Union (Jan.

  • If a decision is not made by common accord that ends the Impasse within 15 days after the date of such meeting, any Manager may declare a final Impasse ("Final Impasse") by written notice to the other Managers.

  • If within 10 Business Days following receipt of written notice of a Final Impasse, the matter or proposal subject to such Final Impasse is neither (A) approved of by the Managers sufficient to constitute approval of such matter or proposal or (B) disapproved of by the Managers sufficient to constitute rejection of such matter or proposal, then any Manager may subject the matter or proposal to binding arbitration pursuant to Section 15.17.

  • Failure by either Shareholder to deliver an Offer within forty-five (45) days of notice of a Final Impasse shall constitute a waiver of each Shareholder's rights under this SECTION 6.4 with respect to the particular Final Impasse.

  • If no offer is made by any Partner on or before such one hundred and twentieth (120th) day after notice of Final Impasse, the status quo shall prevail, and no further action may be taken with respect thereto.

  • DBE has full “turnkey” responsibility to deliver the fully functional, operational Project described in Document 00 5201 (Project Documents), as referenced in the Contract Documents.

  • Alternatively, it may be determined that benchmark efficient debt management practices involve issuing only inflation indexed debt (or, equivalently, issuing plain nominal debt but also trading in CPI swap instruments to create a synthetic CPI indexed portfolio).

  • Hearing of Citizens Mayor Sullivan opened the Hearing of Citizens.

  • Within forty-five (45) days of notice of Final Impasse (or pursuant to the provisions of SECTION 2.3 or of SECTIONS 6.2 or 6.3), either Voting Shareholder (the "OFFERING SHAREHOLDER") may deliver a written Offer to purchase all, but not less than all, of the Joint Venture Interest held by the other Voting Shareholder at a cash Offer Price, fully payable on or before sixty (60) days after notice of the Offer.

Related to Final Impasse

  • Impasse means that the representatives of the County and a Recognized Employee Organization have reached a point in their meeting and conferring in good faith where their differences on matters to be included in a Memorandum of Understanding, and concerning which they are required to meet and confer, remain so substantial and prolonged that further meeting and conferring would be futile.

  • Final Recovery Determination With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Responsible Party as contemplated by this Agreement), a determination made by the Servicer that all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other payments or recoveries which the Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. The Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Final Decision means a final action of the commission determining the legal rights, duties, or privileges of any person. “Final decision” does not include preliminary, procedural, or intermediate actions by the commission, actions regulating the internal administration of the commission, or actions of the commission to enter into or refrain from entering into contracts or agreements with vendors to provide goods or services to the commission.

  • Disputed Claim means any Claim that is not Allowed.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Final Completion Date means the date on which Final Completion occurs.

  • Final Determination Date means the following:

  • Final Receipt means the receipt issued by the Principal Regulator, evidencing that a receipt has been, or has been deemed to be, issued for the Final Prospectus in each of the Qualifying Jurisdictions;

  • Final Acceptance Date means, in respect of any Offer, the final date for acceptance of such Offer which, if such Offer is extended prior to becoming unconditional, shall be the final date for acceptance of the extended Offer (but, if such Offer is or becomes unconditional, disregarding any additional or further period during which such Offer is open for acceptance);

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • Final Determination means the final resolution of liability for any Tax for any taxable period, by or as a result of (a) a final decision, judgment, decree or other order by any court of competent jurisdiction that can no longer be appealed, (b) a final settlement with the IRS, a closing agreement or accepted offer in compromise under Sections 7121 or 7122 of the Code, or a comparable agreement under the Laws of other jurisdictions, which resolves the entire Tax liability for any taxable period, (c) any allowance of a refund or credit in respect of an overpayment of Tax, but only after the expiration of all periods during which such refund or credit may be recovered by the jurisdiction imposing the Tax, or (d) any other final resolution, including by reason of the expiration of the applicable statute of limitations or the execution of a pre-filing agreement with the IRS or other Taxing Authority.

  • Dispute Date means, with respect to a Dispute, the date on which a Dispute Notice is effectively delivered by one party to the other party save that if, with respect to a Dispute, both parties deliver a Dispute Notice, the date on which the first in time of such notices is effectively delivered will be the Dispute Date. Each Dispute Notice will be effectively delivered if delivered in the manner agreed between the parties for the giving of notices in respect of this Agreement.

  • Disputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Final Acceptance means final written acceptance of all the Work by the Commissioner, a copy of which shall be sent to the Contractor.

  • Final Fairness Hearing means the hearing in the Action for the Court to consider final approval of this Settlement and the entry of Judgment.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Disputed Item has the meaning set forth in Section 2.05(b).

  • Technical Dispute has the meaning specified in Section 12.2;

  • Deadlock has the meaning set forth in Section 11.01.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.