ADR Proceeding definition
ADR Proceeding means either an Arbitration or a Mediation.
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.
ADR Proceeding has the meaning specified in Section 3.2(a) of the Receivables Purchase Agreement.
Examples of ADR Proceeding in a sentence
Any election to refer a Repurchase Request to an ADR Proceeding must be delivered to the Seller and JDCC (i) within the applicable statute of limitations period and (ii) within 30 days of the delivery by the Servicer of the Repurchase Response Notice.
If an ARR Receivable that was reviewed by the Asset Representations Reviewer is the subject of an ADR Proceeding under Section 11.02(a) of the Sale and Servicing Agreement, the Asset Representations Reviewer will participate in the dispute resolution proceeding on request of a party to the proceeding.
More Definitions of ADR Proceeding
ADR Proceeding means a mediation or arbitration instituted pursuant to Section 21 hereof.
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.
ADR Proceeding shall have the meaning set forth in Section 17.08.