Resolution by DHB Sample Clauses

Resolution by DHB. 24.3.1 If our Alliance Leadership Team refers a Default to the DHB, the DHB will consider the matter and any recommendations made in accordance with clause 24.2. 24.3.2 If the DHB determines that the Party has or is reasonably likely to have committed a Default, it may give written notice to that Party of the Default (Default Notice). 24.3.3 The Default Notice may include the DHB’s intention to exercise its rights under clause 24.4, either immediately or after any period the DHB may specify, during which the Party may rectify the Default (Default Notice Period).