Common use of Respondent Party Proposes Three Members Clause in Contracts

Respondent Party Proposes Three Members. If the Claimant Party proposes that the Review Board shall consist of one Member, but the Respondent Party proposes, in its response to the Notice of Dispute, that the Review Board shall consist of three Members, then the Member proposed by the Claimant Party in the Notice of Dispute shall comprise the first Member of the Review Board. The Respondent Party

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (Bank of the Ozarks Inc), Purchase and Assumption Agreement (Bank of the Ozarks Inc)

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