Examples of Initial Dispute Notice in a sentence
We may choose to provide you with a final written settlement offer after receiving your Initial Dispute Notice (“Final Settlement Offer”).
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.
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.
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.
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.
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.
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If the Dispute is not resolved within such thirty-day period following the Initial Dispute Notice, then the Dispute shall be settled pursuant to arbitration in accordance with the then current CPR Institute for Dispute Resolution Rules for Non-administered Arbitration of Business Disputes, and this provision.