Mutual Differences. If any dispute or difference of any kind whatsoever (a “Dispute”) shall arise between the Parties in connection with, or arising out of, this Agreement, the Parties agree to use good faith efforts to resolve all such Disputes within thirty (30) days on a fair and equitable basis. The Parties agree that the Operating Committee shall develop and follow a process for settling Disputes on a fair and equitable basis within thirty (30) days. The process shall include procedures for (a) the submission of a claim in writing, with supporting documentation, if any, and a specification of the amounts due or other remedies which if done by the other Party would resolve the claim (b) submission of a response to the claim along with any written explanation or supporting documentation (c) A Party shall respond to a claim within seven (7) Business Days after receipt of a claim, and within two (2) Business Days after delivery of a response, the Operating Committee shall convene a meeting of the Parties’ representatives with knowledge and authority to resolve the Dispute. If the Parties are unable to resolve the Dispute within thirty (30) Days after the meeting, either Party may require that the Dispute be referred, as appropriate, (a) to an expert pursuant to Clause 14.2 or (b) to an arbitration panel pursuant to Clause 14.3.
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Mutual Differences. If any dispute or difference of any kind whatsoever (a “Dispute”) shall arise between the Parties in connection with, or arising out of, this Agreement, the Parties agree to use good faith efforts to resolve all such Disputes within thirty (30) days on a fair and equitable basis. The Parties agree that the Operating Committee shall develop and follow a process for settling Disputes on a fair and equitable basis within thirty (30) days. The process shall include procedures for (a) the submission of a claim in writing, with supporting documentation, if any, and a specification of the amounts due or other remedies which if done by the other Party would resolve the claim claim, (b) submission of a response to the claim along with any written explanation or supporting documentation documentation, (c) A Party shall respond to a claim within seven (7) Business Days after receipt of a claim, and within two (2) Business Days after delivery of a response, the Operating Committee shall convene a meeting of the Parties’ representatives with knowledge and authority to resolve the Dispute. If the Parties are unable to resolve the Dispute within thirty (30) Days after the meeting, either Party may require that the Dispute be referred, as appropriate, (a) to an expert pursuant to Clause 14.2 15.2 or (b) to an arbitration panel pursuant to Clause 14.315.3.
Appears in 1 contract
Sources: Power Purchase Agreement
Mutual Differences. If any dispute or difference of any kind whatsoever (a “Dispute”) shall arise between the Parties in connection with, or arising out of, this Agreement, the Parties agree to use good faith efforts to resolve all such Disputes within thirty (30) days as rapidly as possible on a fair and equitable basis. The Toward such end both Parties agree that the Operating Committee shall strive to develop and follow a process for of presenting, rapidly assessing and settling any Disputes on a fair and equitable basis within thirty (30) daysbasis. The Such process shall include procedures for (a) the submission presentation of a claim by the claiming Party in writing, with supporting documentation, if any, and a specification of the amounts due or other remedies which if done provided by the other Party would resolve the claim claiming Party’s claim, (b) submission of a response by the other Party to the claim claiming Party’s written presentation of its claim, along with any written explanation or supporting documentation (c) A the other Party shall respond elects to a claim provide, which is to be delivered within seven (7) Business Days after receipt of a the claiming Party’s presentation of its claim, and (c) within two (2) Business Days after delivery of a the other Party’s response, the Operating Committee shall convene a meeting of the Parties’ representatives with knowledge and authority to resolve the Dispute. If the Parties are unable to resolve the Dispute within thirty sixty (3060) Days after the meeting, either Party may require that the Dispute be referred, as appropriate, (a) to an expert pursuant to Clause 14.2 16.2 or (b) to an arbitration panel pursuant to Clause 14.316.3.
Appears in 1 contract
Sources: Power Purchase Agreement
Mutual Differences. If any dispute or difference of any kind whatsoever (a “Dispute”) shall arise between the Parties in connection with, or arising out of, this Agreement, the Parties agree to use good faith efforts to resolve all such Disputes within thirty (30) days Days on a fair and equitable basis. The Parties agree that the Operating Committee shall develop and follow a process for settling Disputes on a fair and equitable basis within thirty (30) daysDays from the establishment of the Operating Committee. The process shall include procedures for (a) the submission of a claim in writing, with supporting documentation, if any, and a specification of the amounts due or other remedies which if done by the other Party would resolve the claim claim, and (b) the submission of a response to the claim along with any written explanation or supporting documentation (c) documentation. A Party shall respond to a claim within seven (7) Business Days after receipt of a claim, and within two (2) Business Days after delivery of a response, the Operating Committee shall convene a meeting of the Parties’ representatives with knowledge and authority to resolve the Dispute. If the Parties are unable to resolve the Dispute within thirty (30) Days after the meeting, either Party may require that the Dispute be referred, as appropriate, (a) to an expert pursuant to Clause 14.2 16.2 or (b) to an arbitration panel pursuant to Clause 14.316.3.
Appears in 1 contract
Sources: Power Purchase Agreement
Mutual Differences. If any dispute or difference of any kind whatsoever (a “Dispute”) shall arise between the Parties in connection with, or arising out of, this Agreement, the Parties agree to use good faith efforts to resolve all such Disputes within thirty (30) days on a fair and equitable basis. The Parties agree that the Operating Committee shall develop and follow a process for settling Disputes on a fair and equitable basis within thirty (30) days. The process shall include procedures for (a) the submission of a claim in writing, with supporting documentation, if any, and a specification of the amounts due or other remedies which if done by the other Party would resolve the claim (b) submission of a response to the claim along with any written explanation or supporting documentation documentation, (c) A a Party shall respond to a claim within seven (7) Business Days after receipt of a claim, and within two (2) Business Days after delivery of a response, the Operating Committee shall convene a meeting of the Parties’ representatives with knowledge and authority to resolve the Dispute. If the Parties are unable to resolve the Dispute within thirty (30) Days after the meeting, either Party may require that the Dispute be referred, as appropriate, (a) to an expert pursuant to Clause 14.2 or (b) to an arbitration panel pursuant to Clause 14.3.15.2, or
Appears in 1 contract
Sources: Power Purchase Agreement