Common use of Selection of Neutral Clause in Contracts

Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral third-party (the "Neutral") to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute to select the Neutral.

Appears in 4 contracts

Sources: Share Purchase Agreement (Ferro Corp), Asset Purchase Agreement (Ferro Corp), Purchase Agreement (Ferro Corp)

Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral third-party person (the "β€œNeutral"”) to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute to select the Neutral.

Appears in 4 contracts

Sources: Drug Substance Validation and Supply Agreement (Supergen Inc), Asset Purchase Agreement (Ferro Corp), Asset Purchase Agreement (Ferro Corp)

Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral third-party person (the "Neutral") to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute for Dispute Resolution to select the Neutral.

Appears in 1 contract

Sources: Share Purchase Agreement (Norcross Capital Corp)

Selection of Neutral. Promptly after they have been designated, the designated representatives will meet and select a neutral third-party person (the "Neutral") to serve as the third member of the dispute resolution panel. If the designated representatives of parties cannot agree on a Neutral, then either representative may request the CPR Institute to select the Neutral.

Appears in 1 contract

Sources: Pharmaceutical Development Agreement (Bioenvision Inc)