Initiation of Arbitration Procedure. Any party may initiate an Arbitration Procedure to resolve an Arbitrable Matter by sending a statement of no more than three (3) pages to the other party setting forth the dispute giving rise to the Arbitrable Matter and the party’s basis for contending that the matter is subject to Arbitration (the “Dispute Notice”). The other party may submit within five (5) days a responsive statement of no more than five (5) pages contending that the dispute is not subject to this Arbitration Procedure or raising such other disputes it wishes to be determined in that Arbitration Procedure, which questions shall be promptly determined by the Umpire.
Appears in 3 contracts
Sources: 2011 Program License Agreement (Grupo Televisa, S.A.B.), 2011 Program License Agreement (Univision Holdings, Inc.), 2011 Program License Agreement (Grupo Televisa, S.A.B.)