Initial Dispute Notice definition

Initial Dispute Notice has the meaning as set forth in Section 11.5.

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Initial Dispute Notice has the meaning set out in Schedule B.

Initial Dispute Notice shall have the meaning specified in Section 9.9(b) of the Agreement.

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.
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 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 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.
The Notice Party shall first send the Initial Dispute Notice to the other Parties.
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 Purchaser's Report shall be so provided within 10 days of the date of the Initial Dispute Notice.
Within fifteen (15) days of the other Parties’ receipt of the Initial Dispute Notice, the Parties will confer in an effort to resolve the Dispute through informal negotiation.
Upon such determination by a Party, such dispute, controversy or claim set forth in such Initial Dispute Notice shall, upon notice to the other Party (such second notice, an “Arbitration Notice”) be submitted for arbitration in accordance with the provisions of this clause 13.10.
Such good faith negotiations shall continue until (a) such dispute, controversy or claim set forth in such Initial Dispute Notice has been resolved to the mutual satisfaction of the Parties or (b) either Party, acting in good faith, determines that such negotiation is unlikely to achieve a mutually-satisfactory resolution within a reasonable period of time.

More Definitions of Initial Dispute Notice

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.

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).

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 & ▇▇▇▇▇▇ 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.