Common use of Deadlock Notice Clause in Contracts

Deadlock Notice. If any Deadlock arises, either Member shall be entitled to provide the other Member with written notice of the Deadlock, including sufficient details with respect to the nature of the Deadlock and remedies being sought (the “Deadlock Notice”). The Members agree to attempt in good faith to resolve any Deadlock through consultation and negotiation between executives who have authority to settle controversies and who are at a higher level of authority than the persons with direct responsibility for administration of this Agreement. All negotiations pursuant to this Section 13.1 shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. Execution Copy Northern Pass LLC Operating Agreement

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Nstar/Ma)