Group’s Representative definition
Examples of Group’s Representative in a sentence
The Seller Group’s Representative shall have no liability to the Buyer for its acts, omissions or things done in its capacity as the Seller Group’s Representative, provided always that each Seller shall remain liable to the Buyer severally in proportion to its respective LNG SPA Participation for any acts or omissions of the Seller Group’s Representative under this Agreement as if those acts or omissions were those of the Seller Group.
Without prejudice to the other provisions of this Clause 10 or the generality of Clause 19.2, during the Contract Term prior to the Future Facilities Commercial Operations Date, the Seller Group’s Representative shall provide the Buyer with daily, non-binding LNG production and inventory reports (and forecasts, if made) from the FLNG Facility, for the purposes of planning and scheduling by the Parties.
If the Group’s Representative and the Purchasers have not been able to agree upon a resolution of any dispute within such thirty (30) day (or longer agreed) period, then any such dispute shall be resolved by an independent accounting firm (the “Reviewing Accountant”) selected jointly by the Group’s Representative and the Purchasers.
Group shall present facility an executed version signed by Group’s Representative prior to / /2018 Insert date here .
The Group’s Representative shall have sixty (60) days following receipt of the Closing Date Balance Sheet to review the Closing Date Balance Sheet (the “Review Period”).
If the Seller Group obtains a Deliverability Report, the Seller Group’s Representative shall, at Seller Group’s expense, provide the Buyer with a copy of such Deliverability Report within sixty (60) days of the Seller Group’s receipt thereof.
If the Group’s Representative desires to dispute the calculation of the Closing NTA, or any of the information or calculations set forth therein, it may do so by delivering written notice of such dispute to the Purchasers prior to the end of the Review Period.
If the Group’s Representative and the Purchasers are unable to resolve any such disagreement within such 15 day period, the matter shall be submitted to an independent accounting firm of national reputation reasonably acceptable to the Purchasers and the Group’s Representative (an “Independent Firm”).
The resolution of any dispute arising from an alleged breach of this agreement shall be governed by the law of the country of the GM Group’s Representative Agent to be designated according to Article 4(2) of the Directive, and any such dispute shall be heard by the courts of that country.
Group shall present Hotel an executed version signed by Group’s Representative prior to 11/15/16.