Fast Track Resolution definition

Fast Track Resolution means the full and final resolution of a Participating Group Member’s claim for compensation under this Settlement Scheme by way of single, lump sum payment in the amount of $7,500 (Fast Track Resolution Payment).

Examples of Fast Track Resolution in a sentence

  • If either Party disputes any advice, instruction, decision, direction or award of the Independent Expert, or, as the case may be, the assertion or failure to assert jurisdiction, the Dispute shall be resolved in accordance with the Dispute Resolution Procedure or where the Parties agree through the Fast Track Resolution Procedure.