CCP definition
Examples of CCP in a sentence
Pursuant to CCP § 170.6, each party shall have one peremptory challenge to the referee selected by the Presiding Judge of the Court (or its representative).
The arbitration will be conducted by a retired judge or justice, in accordance with the California Arbitration Act §1280 through §1294.2 of the CCP as amended from time to time.
Pursuant to CCP § 644, such decision shall be entered by the Court as a judgment or an order in the same manner as if the action had been tried by the Court and any such decision will be final, binding and conclusive.
If the Seller has accepted the CCP Statement in writing or has not given written notice to the Buyer setting forth any objection of the Seller to such CCP Statement (a “CCP Objections”) prior to the expiration of a ten (10) Business Day period from receipt of a CCP Statement (the “CCP Review Period”), then such CCP Statement shall be final and binding upon the parties, and shall be deemed the final CCP Statement.
By way of example only, if aggregate cannabis-specific royalties from or due to the Purchased Assets of $10,000,000 are achieved by the Buyer prior to January 1, 2027, the Buyer shall pay to the Seller a 50% CCP of such cannabis-specific royalties.