Neutral Determination definition

Neutral Determination is defined in Section 1.04.
Sample 1

Examples of Neutral Determination in a sentence

  • Each party shall have the right to submit a written presentation to the Neutral Accountant regarding the items raised in the Dispute Notice and the Neutral Accountant shall be instructed to determine (the "Neutral Determination") the unresolved matters in dispute, applying the principles set forth in this Section 1.04, and, twenty (20) Business Days after being selected, to deliver a written report to Buyer and Seller setting forth the Neutral Determination and the reasons therefor.

  • Third-Party Neutral Determination of the Appropriate Carrier RecoveryNorth Carolina, South Carolina, and Nebraska are in a category of their own because their statutes establish proportional apportionment between the insurance carrier and the employee by a third-party neutral.

  • A judgment on the Neutral Determination may be entered and enforced by any court of appropriate jurisdiction.

  • The Option Rent submitted by Landlord or Tenant which the third arbitrator decides is closest to the Neutral Determination shall be the Option Rent.

  • Seller shall pay a portion of the fees and expenses of the Neutral Accountant equal to the amount of the Neutral Determination that was resolved in favor of Buyer divided by the total amount of the items in dispute; Buyer shall pay all other fees and expenses of the Neutral Accountant.

  • The determination of the third arbitrator shall be limited solely to the issue of whether Landlord’s or Tenant’s submitted Option Rent is the closest to the Neutral Determination determined by the third arbitrator.

Related to Neutral Determination

  • Final Determination means a determination within the meaning of Section 1313 of the Code or any similar provision of state or local Tax Law.

  • Initial determination means the first child custody determination concerning a particular child.

  • Expert Determination has the meaning given to it in Clause 18.3(a) (Expert Determination).

  • Final Determination Date means the following:

  • Arbiter has the meaning set forth in Section 1.05(d).

  • 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.

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Administrative merits determination means certain notices or findings of labor law violations issued by an enforcement agency following an investigation. An administrative merits determination may be final or be subject to appeal or further review. To determine whether a particular notice or finding is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • Arbitration Tribunal means an organ composed of an odd number of persons known as arbitrators, who decide on the solution of a conflict in which the parties have expressly waived recourse to the ordinary civil courts

  • TIA Applicability Determination As defined in Section 12.12.

  • 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.

  • Self-Determination means a philosophy and process by which individuals with developmental disabilities are empowered to gain control over the selection of support services that meet their needs. The basic principles of self-determination are:

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Mediator means an individual who conducts a mediation.

  • 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.

  • Event Determination Date means either:

  • Arbitrator means the authority nominated by Chief General Manager (CGM) for arbitration.

  • Accounting Referee has the meaning set forth in Section 6.01(c).

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • Determination means the written documentation of a decision of a procurement officer including findings of fact required to support a decision. A determination becomes part of the procurement file to which it pertains.

  • Referee means a person who is designated as a referee under the friend of the court act.

  • Adverse determination shall have the meaning set forth in Section 19.7.

  • Reviewing Party any appropriate person or body consisting of a member or members of the Company's Board of Directors or any other person or body appointed by the Board who is not a party to the particular Claim for which Indemnitee is seeking indemnification, or Independent Legal Counsel.