ADR Proceeding definition

ADR Proceeding means either an Arbitration or a Mediation.
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ADR Proceeding. Either an Arbitration or a Mediation. Affiliate: With respect to any specified Person, any other Person controlling, controlled by or under common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.
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ADR Proceeding has the meaning specified in Section 3.2(a) of the Receivables Purchase Agreement.
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Examples of ADR Proceeding in a sentence

  • If a Requesting Party provides notice of a referral of a Repurchase Request to an ADR Proceeding, the Seller shall have 30 days to respond to such notice and, if a party, shall submit to the ADR Proceeding requested.

  • Each ADR Proceeding, including the occurrence of such ADR Proceeding, the nature and amount of any relief sought or granted and the results of any discovery taken in such ADR Proceeding, shall be kept strictly confidential by each of the Seller and the Requesting Party, except as necessary in connection with statements provided pursuant to Section 2.8 of the Servicing Agreement, in connection with a judicial challenge to or enforcement of an award, or as otherwise required by law.

  • Each ADR Proceeding shall take place in Phoenix, Arizona or such other location as agreed to by the parties.


More Definitions of ADR Proceeding

ADR Proceeding means a mediation or arbitration instituted pursuant to Section 21 hereof.
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ADR Proceeding shall have the meaning set forth in Section 17.08.
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ADR Proceeding means any mediation or arbitration proceeding relating to the Debtor’s and related parties’ insurance coverage for sexual abuse claims or otherwise arising in or out of the Bankruptcy Case.
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Related to ADR Proceeding

  • Legal Proceeding means any action, suit, litigation, arbitration, proceeding (including any civil, criminal, administrative, investigative or appellate proceeding), hearing, inquiry, audit, examination or investigation commenced, brought, conducted or heard by or before, or otherwise involving, any court or other Governmental Body or any arbitrator or arbitration panel.