Common use of Disagreement on content Clause in Contracts

Disagreement on content. If the Bidder and the Target RE disagree on the form or content of the Explanatory Memorandum other than the Bidder Information, they must consult in good faith to try to settle an agreed form of the Explanatory Memorandum. If complete agreement is not reached after reasonable consultation, then: if the disagreement relates to the form or content of the Bidder Information contained in the Explanatory Memorandum, the Target RE will make the amendments that the Bidder reasonably requires; and if the disagreement relates to the form or content of any other part of the Explanatory Memorandum, the Target RE Independent Directors will, acting in good faith, decide the final form or content of the disputed part of the Explanatory Memorandum.

Appears in 1 contract

Sources: Implementation Agreement

Disagreement on content. If the Bidder RE and the Target RE disagree on the form or content of the Explanatory Memorandum other than the Bidder InformationMemorandum, they must consult in good faith to try to settle an agreed form of the Explanatory Memorandum. If complete agreement is not reached after reasonable consultation, then: : (a) if the disagreement relates to the form or content of the Bidder Information contained in the Explanatory Memorandum, the Target RE will make the amendments that the Bidder RE reasonably requires; and and (b) if the disagreement relates to the form or content of any other part of the Explanatory Memorandum, the Target RE Independent Directors will, acting in good faith, decide the final form or content of the disputed part of the Explanatory Memorandum.

Appears in 1 contract

Sources: Scheme Implementation Agreement