Response Notices Sample Clauses

Response Notices. (i) Within 25 days after receipt by Seller of a Claim Notice (the “Dispute Period”), Seller may deliver to Purchaser a written response (the “Response Notice”) in which Seller: (i) agrees that the full Claimed Amount is owed to Purchaser; (ii) agrees that part, but not all, of the Claimed Amount (the “Agreed Amount”) is owed to Purchaser; or (iii) indicates that no part of the Claimed Amount is owing to Purchaser. Any part of the Claimed Amount that is not agreed to be owing to Purchaser pursuant to the Response Notice shall be the “Contested Amount.” (ii) If Seller delivers a Response Notice agreeing that the full Claimed Amount is owed to Purchaser, then Seller shall, within 7 business days following the delivery of such Response Notice, pay the Claimed Amount to Purchaser. (iii) If Seller delivers a Response Notice agreeing that less than the full Claimed Amount is owed to Purchaser, then Seller shall, within 7 business days following the delivery of such Response Notice, pay the Agreed Amount to Purchaser. (iv) If, with respect to a given Claim Notice, Seller does not deliver a Response Notice within the Dispute Period in accordance with Section 6.4(b) or Seller delivers a Response Notice indicating that there is a Contested Amount, Seller and Purchaser shall attempt in good faith to resolve the dispute related to the Claim Notice. If Purchaser and Seller resolve such dispute, such resolution shall be binding on Seller and Purchaser, and a settlement agreement shall be signed by Purchaser and Seller. Seller shall, within 7 business days following the execution of such settlement agreement, or such shorter or longer period as may be set forth in the settlement agreement, pay the amount, if any, specified in such settlement agreement to Purchaser.
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Related to Response Notices

  • Sending Notices Any notice required or permitted to be given under this Security Agreement shall be sent in accordance with Section 9.01 of the Credit Agreement.

  • Posting Notices Such notice of postings shall contain the following information: Nature of position, qualifications, required knowledge and education, skills, shift, wage or salary rate or range. Such qualifications may not be established in an arbitrary or discriminatory manner.

  • Third Party Notices Portions of the Apple Software or Services may utilize or include third party software and other copyrighted material. Acknowledgements, licensing terms and disclaimers for such material are contained in the electronic documentation for the Apple Software and Services, and Your use of such material is governed by their respective terms.

  • A5 Notices Except as otherwise expressly provided within the Contract, no notice or other communication from one Party to the other shall have any validity under the Contract unless made in writing by or on behalf of the Party concerned.

  • Termination Notices Any termination notice delivered by any Party shall specify the effective date of termination and, where applicable, in detail the Service or Services to be terminated.