GWUS definition
Examples of GWUS in a sentence
Such books and records shall, at·the request and expense of BIOCHEM, be made available for reasonable review by an independent, certified public accountant acceptable to both parties for the sole purpose of verifying the accuracy of the royalty payments made by GROUP and GWUS under this Agreement: PROVIDED THAT if an inaccuracy in the royalty payments of greater than five percent (5%) is determined by such a review the cost of the review shall be borne by GROUP or GWUS.
In the event that GROUP or GWUS decides to bring suit, it shall give prompt written notice to BIOCHEM of that fact, and BIOCHEM shall take all reasonable steps to assist GROUP or GWUS in such suit.
GROUP or GWUS shall be entitled to all amounts recovered in such suit, except that BIOCHEM shall have the right to elect to pay up to ***** of the litigation costs and receive a percentage of any recovery equal to the percentage of litigation costs paid.
In the event of multiple respondents involving GROUP and/or GWUS and/or GWC, the parties to the arbitration agree that the place of arbitration will be Toronto, Canada unless otherwise agreed to by the parties to the arbitration.
GROUP or GWUS shall have control over any such suit, and decisions as to settlement, methods and/or terms and conditions for resolving the suit shall be made by GROUP or GWUS after consultation with BIOCHEM.
June 24, 2015 Proposal: GWUS 15-047R1 Dear Nacho, With pleasure we hereby submit a revised Proposal for your consideration.
BIOCHEM must make such election within sixty (60) days of its receipt of GROUP’s or GWUS’ notice that GROUP or GWUS respectively has decided to bring suit.
If GROUP or GWUS elects not to bring a suit against the alleged infringer, it shall promptly notify BIOCHEM of that fact, and BIOCHEM shall have the right to commence such action at its own cost and expense, in which case BIOCHEM shall be entitled to all amounts recovered in such action.
GROUP or GWUS may, at its sole option, bring suit against such alleged infringer.
June 24, 2015 Proposal: GWUS 15-047R1 Dear Nacho, [***] We trust these adjustments capture our intent to bring your projects to fruition with the lowest cost of energy.