Dispute Resolution Procedures definition
Dispute Resolution Procedures means the procedures set forth in Section 10.03.
Dispute Resolution Procedures means the formal process for resolving Disputes described in Section 11.1 and Exhibit 20 to this DBA. None of the Disputes Review Panel Process and Informal Resolution Procedures are included in the Dispute Resolution Procedures.
Examples of Dispute Resolution Procedures in a sentence
This Agreement and the CVRs shall expire and be of no force or effect, and the parties to this Agreement and the Holders shall have no liability hereunder (other than to the extent of any obligations which expressly survive or provide for performance following expiration), ten (10) calendar days after payment of any Payment Amount with respect to the Third Testing Date, or, if the Dispute Resolution Procedures are conducted, ten (10) calendar days following the conclusion of all procedures thereunder.
More Definitions of Dispute Resolution Procedures
Dispute Resolution Procedures means the procedures established by Section 8.6.
Dispute Resolution Procedures means the dispute resolution procedures set forth in Exhibit 13 to the CMA. None of the Informal Resolution Procedures are included in the Dispute Resolution Procedures. Draw Request(s) is defined in the CMA. Effective Date is defined in the CMA.
Dispute Resolution Procedures has the meaning set out in Section 16.2(a);
Dispute Resolution Procedures means the procedures for resolving Disputes set forth in Article 30. “Disputes Board” has the meaning set forth in the Disputes Board Agreement.
Dispute Resolution Procedures means the dispute resolution procedures set forth in Exhibit M to this agreement.
Dispute Resolution Procedures. With respect to any Disputed Loan, the following procedures: (i) first, the Collateral Manager and the Controlling Lender shall consult with each other in an attempt to resolve the related dispute in a timely and reasonable manner and (ii) if such consultation does not resolve the dispute within one (1) Business Day of the Administrative Agent’s receipt of notice of such dispute, then (A) if such Disputed Loan is a Broadly Syndicated Loan, (w) the Collateral Manager and the Administrative Agent each shall seek bid quotations from two or more independent, non-affiliated qualified broker-dealers trading in such Loan (each an “Independent Dealer”) for each such Disputed Loan (each, an “Independent Bid”), (x) for each Disputed Loan for which there are two or more Independent Bids at 3:00 p.m. on the following Business Day (the “Resolution Time”), the Value Adjusted Assigned Value shall be recalculated by the Administrative Agent based on the average of the Independent Bids, (y) for each Disputed Collateral Loan for which there is one Independent Bid at the Resolution Time, the Value Adjusted Assigned Value shall be recalculated by the Administrative Agent based on the lower of such Independent Bid and the Controlling Lender’s determination and (z) for each Disputed Loan for which there is no Independent Bid at the Resolution Time, the Controlling Lender’s determination shall continue to apply or (B) if such Disputed Loan is not a Broadly Syndicated Loan, the Borrower (or the Collateral Manager on its behalf) may, at the Borrower’s expense, retain an Approved Valuation Firm to value such Disputed Loan, and if such Approved Valuation Firm provides a valuation within ten (10) Business Days of the Borrower’s receipt of the related Assigned Value Notice, such valuation shall be deemed to be the “Value Adjusted Assigned Value” in lieu of the disputed determination of the Controlling Lender.
Dispute Resolution Procedures means the procedures outlined in Annexure A of this RAO;