Initial Dispute Notice definition

Initial Dispute Notice has the meaning as set forth in Section 11.5.
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Initial Dispute Notice shall have the meaning specified in Section 9.9(b) of the Agreement.
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Initial Dispute Notice means the written notice of a Dispute sent by the Notice Party, which notice shall be sufficiently detailed to reasonably inform the other Parties of the nature and underlying facts of the Dispute.
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Examples of Initial Dispute Notice in a sentence

  • The other Party shall, within five (5) business days after receiving the Initial Dispute Notice and by written notice to the initiating Party, designate its senior management representative and add any other issues or claims for resolution not identified in the Dispute Notice.

  • We may choose to provide you with a final written settlement offer after receiving your Initial Dispute Notice (“Final Settlement Offer”).

  • The Purchaser shall have ten (10) business days following receipt of the Initial Seller Balance Sheet during which to provide written notification ("Initial Dispute Notice") to the Seller of any dispute of any item therein, which notice shall set forth in reasonable detail the basis for such dispute.

  • If the Purchaser and the Seller are unable to resolve the Initial Working Capital dispute (the "Initial Dispute") within five (5) business days of Seller's receipt of the Initial Dispute Notice (or such longer period agreed in writing by the parties), the parties shall engage a mutually agreeable independent "Big 5" accounting firm (the "Arbitrator") to resolve the Initial Dispute and such resolution shall be final and binding on the parties.

  • If no such resolution is reached within thirty (30) days after delivery of the Initial Dispute Notice (the “Negotiation Period”), the party delivering the Initial Dispute Notice (the “Disputing Person”) may, within thirty (30) days after the expiration of the Negotiation Period, commence arbitration hereunder by delivering to each other party involved therein a notice of arbitration (a “Notice of Arbitration”) and by filing a copy of such Notice of Arbitration with JAMS/Endispute in San Francisco.

  • If the Purchaser does not timely deliver the Initial Dispute Notice, the Initial Seller Balance Sheet shall be deemed to reflect the final agreement of the parties.

  • The Notice Party shall first send the Initial Dispute Notice to the other Parties.

  • Should a dispute arise concerning this Agreement, the terms and conditions of this Agreement or the breach of same by any party hereto: (a) the parties agree to submit their dispute for resolution by arbitration before a reputable arbitration organization as mutually agreed upon by the parties; and (b) you agree to first commence a formal dispute proceeding by completing and submitting an Initial Dispute Notice.

  • Following the receipt of an Initial Dispute Notice, the senior management of the two Parties shall meet within thirty (30) days thereafter, and attempt to resolve or settle the Dispute.

  • The arbitration shall be held within one hundred and fifty (150) miles of Oakland, California, not more than forty-five (45) days after delivery of the Initial Dispute Notice and the arbitrator shall not be able to award, nor shall either Party be entitled to receive lost profits, punitive, incidental, consequential, exemplary, reliance or special damages.


More Definitions of Initial Dispute Notice

Initial Dispute Notice has the meaning as set forth in Section 11.5. “Initial Term Loan” has the meaning set forth in Section 2.1(a)(i). “Initial Valuation” has the meaning as set forth in Section 11.5. “Initial Valuation Agent” means Duff & Xxxxxx and its affiliates, or such other broker reasonably acceptable to the Required Lenders in consultation with the Borrower. “Initial Facility Maturity Date” has the meaning set forth in Section 3.3(a). “Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other similar relief.
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Initial Dispute Notice has the meaning set forth in Section 11.02. “Initial Equity Issuances” has the meaning set forth in Section 2.02. “Internal Reorganization” has the meaning set forth in Section 6.03(a)(iv).
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Related to Initial Dispute Notice

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Billing Dispute Notice means a formal, written notice submitted to HUGE by the Customer in terms of this Procedure.

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

  • Mediation Notice is defined in Section 6.2(b).

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • 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.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Notice of Disagreement has the meaning set forth in Section 2.4(c).

  • Nomination Notice means all information and documents that a Nominating Shareholder is required to submit to the Secretary of the Corporation pursuant to Section 3.11f.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

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

  • Formal Dispute means a written objection by an Interested Party to any of the following: i. A solicitation or other request by OGS for offers for a contract for the procurement of commodities, services or technology. ii. The cancellation of the solicitation or other request by OGS. iii. An award or proposed award of the Contract by OGS. iv. A termination or cancellation of an award of the Contract by OGS. v. Changes in the scope of the Centralized Contract by the Commissioner. vi. Determination of “materiality” in an instance of nonperformance or contractual breach. vii. An equitable adjustment in the Centralized Contract terms and/or pricing made by the Commissioner during a Force Majeure event.

  • Initial Notice shall have the meaning set forth in Section 7.1.

  • Technical Dispute has the meaning specified in Section 12.2;

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Deadlock has the meaning set forth in Section 6.2(d).

  • Review Period has the meaning set forth in Section 2.04(c)(i).

  • Objections Statement has the meaning set forth in Section 1.02(d).

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Dispute Board (DB) means the person or persons named as such in the SCC appointed by agreement between the Procuring Entity and the Contractor to make a decision with respect to any dispute or difference between the Procuring Entity and the Contractor referred to him or her by the Parties pursuant to GCC Sub-Clause 46.1 (Dispute Board) hereof.