Step Four – Final Resolution Clause Samples

Step Four – Final Resolution. If, within one hundred eighty (180) days following the expiration of the Negotiation Period, the Parties are still unable to resolve their differences on FMV, then the FMV for the Hospital Assets shall be deemed to be the average of the two appraisals which are closest in amount (resolving the differences between the three appraisals by averaging the two most closely aligned, rather than averaging all three, removes the impact of one appraisal that is a clear outlier). The Parties agree that the appraisal process set forth in this Exhibit is the sole and exclusive process pursuant to which the FMV of the Hospital Assets shall be determined, and neither shall seek a remedy under any other provision of this Lease or at law unless the other Party has failed to comply with the requirements of this Exhibit.
View Source

Related to Step Four – Final Resolution

  • Formal Resolution 1. Service Provider or TJJD staff who wish to submit problems for resolution may do so in writing, including all relevant information and a recommended resolution (Statement of Problem). 2. The Statement of Problem will be submitted to the designated contact unless the problem specifically involves the designated contact, in which case, it will be submitted to the designated contact’s supervisor. 3. Problems are to be addressed within ten (10) working days; a written decision will be sent to the individual or program that submitted it, with copies retained by the designated contact and the designated contact’s supervisor.

  • DNSSEC proper resolution There is a valid DNSSEC chain of trust from the root trust anchor to a particular domain name, e.g., a TLD, a domain name registered under a TLD, etc.

  • UDP DNS resolution RTT Refers to the RTT of the sequence of two packets, the UDP DNS query and the corresponding UDP DNS response. If the RTT is 5 times greater than the time specified in the relevant SLR, the RTT will be considered undefined.

  • Informal Resolution To expedite resolution and control the cost of any dispute, controversy or claim related to this Agreement ("Dispute"), you and Company agree to first attempt to negotiate any Dispute (except those Disputes expressly provided below) informally for at least thirty (30) days before initiating any arbitration or court proceeding. Such informal negotiations commence upon written notice from one person to the other.

  • Internal Resolution With respect to all disputes arising between the Parties under this Agreement, including, without limitation, any alleged breach under this Agreement or any issue relating to the interpretation or application of this Agreement, if the Parties are unable to resolve such dispute within thirty (30) days after such dispute is first identified by either Party in writing to the other, the Parties shall refer such dispute to the Chief Executive Officers of the Parties for attempted resolution by good faith negotiations within thirty (30) days after such notice is received.