Common use of Senior Management Clause in Contracts

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)

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Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers Seller shall nominate and commit one of Panther’s the senior officersofficers of its general partner, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Legacy Reserves L P), Purchase and Sale Agreement (Legacy Reserves L P)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s and Red Willow’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-forty five (45) days after such Dispute arose, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Linn Energy, LLC), Purchase and Sale Agreement

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s 's senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) 15 days after such Dispute arose, Sellers shall nominate and commit one of Panther’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) 30 days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) 15 days after such meeting, or if such meeting has not occurred within forty-five (45) 45 days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (WPX Energy, Inc.)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) 15 days after such Dispute arose, Sellers shall nominate and commit one a senior officer of Panther’s senior officersIPP, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) 15 days after such meeting, or if such meeting has not occurred within forty-five (45) 45 days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert pursuant to Section 16.0314.03, or (ii) by arbitration in accordance with the provisions of Section 14.04.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Pure Resources Inc)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers Seller shall nominate and commit one of Panther’s its senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert pursuant to Section 16.0314.03, or (ii) by arbitration in accordance with the provisions of Section 14.04.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Storm Cat Energy CORP)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute aroseis asserted in writing, Sellers the Seller shall nominate and commit one of Panther’s its senior officers, and the Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose is asserted in writing to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after following the written assertion of such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.0313.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement (HKN, Inc.)

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Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) 15 days after such Dispute arose, Sellers shall nominate and commit a senior officer of one of Panther’s senior officersthem, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) 15 days after such meeting, or if such meeting has not occurred within forty-five (45) 45 days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert named pursuant to Section 16.0315.03, or (ii) by arbitration in accordance with the provisions of Section 15.03.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Toreador Resources Corp)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s and Red Xxxxxx’s senior officers, and Buyer Xxxxx shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-forty five (45) days after such Dispute arose, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) 15 days after such Dispute arose, Sellers IPP shall nominate and commit one of Panther’s its senior officers, and Buyer Pure GP shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) 30 days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) 15 days after such meeting, or if such meeting has not occurred within forty-five (45) 45 days after following such Dispute arosearising, then any Party shall have the right, by written notice to the other, to resolve the Dispute (i) through the relevant Independent Expert pursuant to Section 16.0315.03, or (ii) by arbitration in accordance with the provisions of Section 15.04.

Appears in 1 contract

Samples: Contribution Agreement (Pure Resources Inc)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction transactions contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers Seller shall nominate and commit one of Panther’s its senior officers, and Buyer Purchaser shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Escrow Agreement (Ivanhoe Energy Inc)

Senior Management. If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen five (155) days after such Dispute arose, Sellers Seller shall nominate and commit one of Panther’s its senior officers, and Buyer Purchaser shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty ten (3010) days after the Dispute arose has arisen to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen five (155) days after such meeting, or if such meeting has not occurred within forty-five fifteen (4515) days after following such Dispute arosearising, then any either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Eagle Mountain Corp)

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