Initiation of the Arbitration. The party or parties on one side of the dispute(s) (collectively the “Claimant”) may initiate the Arbitration by sending to the party or parties on the other side of the dispute(s) (collectively the “Respondent”) written notice identifying the matter(s) in dispute and invoking the procedures of this Section 10.15 (the “Demand”). The Demand shall include a statement setting forth the nature of the dispute(s), the amount in controversy, if any, and the remedy sought. Within fifteen (15) Business Days of receipt of the Demand, the Respondent shall submit a statement (the “Answer”), that shall set forth the Respondent’s response(s) to the Claimant’s claim(s) and the nature of any counterclaim(s) asserted by the Respondent, the amount of such counterclaim(s), if any, and the remedy sought by the Respondent.
Appears in 1 contract
Initiation of the Arbitration. The party or parties on one side of the dispute(s) (collectively the “Claimant”) may initiate the Arbitration by sending to the party or parties on the other side of the dispute(s) (collectively the “Respondent”) written notice identifying the matter(s) in dispute and invoking the procedures of this Section 10.15 13.10(b) (the “Demand”). The Demand shall include a statement setting forth the nature of the dispute(s), the amount in controversy, if any, and the remedy sought. Within fifteen thirty (1530) Business Days days of receipt of the Demand, the Respondent shall submit a statement (the “Answer”), that shall set forth the Respondent’s response(s) to the Claimant’s claim(s) and the nature of any counterclaim(s) counterclaims asserted by the Respondent, setting forth the nature and amount of such counterclaim(s), if any, and the remedy sought by the Respondent.
Appears in 1 contract
Initiation of the Arbitration. The party or parties on one side of the dispute(s) (collectively the “Claimant”) may initiate the Arbitration by sending to the party or parties on the other side of the dispute(s) (collectively the “Respondent”) written notice identifying the matter(s) in dispute and invoking the procedures of this Section 10.15 18.4 (the “Demand”). The Demand shall include a statement setting forth the nature of the dispute(s), the amount in controversy, if any, and the remedy sought. Within fifteen thirty (1530) Business Days days of receipt of the Demand, the Respondent shall submit a statement (the “Answer”), that shall set forth the Respondent’s response(s) to the Claimant’s claim(s) and the nature of any counterclaim(s) counterclaims asserted by the Respondent, setting forth the nature and amount of such counterclaim(s), if any, and the remedy sought by the Respondent. Within ten (10) days following the Answer, the parties shall meet and confer to try to resolve the dispute(s).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Golden Queen Mining Co LTD)
Initiation of the Arbitration. The party or parties on one side of the dispute(s) (collectively the “Claimant”) may initiate the Arbitration by sending to the party or parties on the other side of the dispute(s) (collectively collectively, the “Respondent”) written notice identifying the matter(s) in dispute and invoking the procedures of this Section 10.15 10.13(a) (the “Demand”). The Demand shall include a brief statement setting forth the nature of the dispute(s), the amount in controversy, if anyany and if known, and the remedy sought. Within fifteen thirty (1530) Business Days days of receipt of the Demand, the Respondent shall submit a statement (the “Answer”), that shall set forth the Respondent’s response(s) to the Claimant’s claim(s) and the nature of any counterclaim(s) counterclaims asserted by the Respondent, setting forth the nature and amount of such counterclaim(s), ) if anyany and if known, and the remedy sought by the Respondent.
Appears in 1 contract
Samples: Asset Purchase Agreement (Zep Inc.)
Initiation of the Arbitration. The party or parties on one side of the dispute(s) (collectively the “Claimant”) may initiate the Arbitration by sending to the party Party or parties Parties on the other side of the dispute(s) (collectively the “Respondent”) written notice identifying the matter(s) in dispute and invoking the procedures of this Section 10.15 7.6 (the “Demand”). The Demand shall include a statement setting forth the nature of the dispute(s), the amount in controversy, if any, and the remedy sought. Within fifteen thirty (1530) Business Days days of receipt of the Demand, the Respondent shall submit a statement (the “Answer”), that shall set forth the Respondent’s response(s) to the Claimant’s claim(s) and the nature of any counterclaim(s) counterclaims asserted by the Respondent, setting forth the nature and amount of such counterclaim(s), if any, and the remedy sought by the Respondent. Within ten (10) days following the Answer, the parties shall meet and confer to try to resolve the dispute(s).
Appears in 1 contract