Common use of Response to Demand Clause in Contracts

Response to Demand. The JBE shall, within ten (10) Days, provide a final written response to the Demand (“Final Response”) or request additional information deemed necessary to prepare the Final Response. The Final Response shall state whether the JBE accepts or rejects the Demand. If the JBE reasonably requires additional information to prepare the Final Response, Contractor shall promptly comply with the JBE’s request for such information and the ten (10) Day period by which the JBE must provide a Final Response shall commence upon the JBE’s receipt of said additional information; provided, however, that, unless otherwise agreed to by the parties in writing, if Contractor fails to properly provide said additional information required by the JBE to provide a Final Response within sixty (60) Days of the request Contractor will be deemed to have waived and abandoned the Dispute and any recourse therefor. Regardless of any request(s) for additional information, the JBE’s failure to provide a Final Response within the required timeframe shall be deemed a rejection of the Demand.