DRB Procedures definition

DRB Procedures means the procedures set forth in Exhibit U.
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DRB Procedures means the Dispute Resolution Board Procedures attached hereto as Exhibit CC (with such changes thereto as contained in the version attached to the DRB Member Agreement).
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Examples of DRB Procedures in a sentence

  • The Parties will thereafter fill the vacancy in accordance with the terms of these DRB Procedures.

  • Such Company Shareholder acknowledges that Acquiror, Sponsor and the Company have not made and do not make any representation or warranty, whether express or implied, of any kind or character except as expressly set forth in this Agreement.

  • At the discretion of the DRB, upon good cause shown and consistent with the expedited nature of the DRB Procedures, the DRB may order depositions to obtain the testimony of a person who may possess information determined by the DRB to be relevant and material to the outcome of the Claim.

  • Any Party who proceeds with the DRB Proceeding after knowledge that any provision or requirement of these DRB Procedures has not been complied with and who fails to state an objection in writing shall be deemed to have waived the right to object.

  • These DRB Procedures do not modify the respective rights and duties of the Owners or the Contractor except as specifically provided herein.

  • These DRB Procedures do not modify the respective rights and duties of the Owners or the Contractor per the Construction Completion Agreement except as specifically provided herein.

  • The DRB may, upon a Party’s request, order appropriate sanctions where a Party fails to comply with its obligations under these DRB Procedures or with an order of the DRB.

  • The DRB shall have the authority to carry out the functions of the DRB as contemplated by this Agreement and the DRB Procedures, including without limitation the authority to make all rulings and decisions necessary for effective and efficient implementation of the DRB process.

  • No DRB Member shall give advice to any Party or its Personnel concerning the conduct of the Construction Completion Agreement, other than in accordance with these DRB Procedures.

  • In no event shall Contractor be obligated to proceed with any change that requires Contractor to violate an obligation imposed by Law, provided that any disputes regarding the applicability and requirements of Law in such situations shall be resolved by the expedited hearing procedure in the DRB Procedures.