Neutral Member definition

Neutral Member has the meaning provided in Section 2. 1(f)(ii) of this Single Family Shared-Loss Agreement.

Neutral Member has the meaning provided in Section 2.1(f)(ii) of this Commercial Shared-Loss Agreement.

Neutral Member has the meaning set forth in Section 7.10(a)(ii).

Examples of Neutral Member in a sentence

• If the Claimant Party subsequently submits the Notice of Dispute to the Arbitration Administrator as provided in Section 7.6(c), then within ten (10) Business Days of such submission, the Party-Appointed Arbitrators shall select a neutral third Member (the “Neutral Member”) in accordance with Commercial Arbitration Rules R-11 and R-13, except that the Neutral Member need not be from the National Roster of Commercial Arbitrators.

• If the Claimant Party subsequently submits the Notice of Dispute to the Arbitration Administrator, a Neutral Member shall be selected in accordance with the procedure set forth in Section 7.10(a)(ii).

• The Claimant Party and the Respondent Party will share equally the fees and expenses of the Neutral Member and any administrative fees of the arbitration (which shall not include the fees and expenses of the Members).

• The Neutral Member may be removed by unanimous action of the Party-Appointed Arbitrators or unanimous action of the parties after five (5) Business Days notice to the Claimant Party and the Respondent Party and the Arbitration Administrator of the selection of a replacement Neutral Member.

• Appropriate measures were taken to avoid any risks of bias through sampling, response, and the interviewer’s behavior.

More Definitions of Neutral Member

Neutral Member has the meaning provided in Section 2.1(f)(ii) of this Non- SF Shared-Loss Agreement.

Neutral Member shall have the meaning assigned to such term in Section 2.3.

Neutral Member has the meaning set forth in Section 7.10(a)(ii). “Notice of Dispute” has the meaning set forth in Section 7.3.

Neutral Member has the meaning provided in Section 2.1(f)(ii) of this Commercial Shared-Loss Agreement. 108 Crescent Bank and Trust Company Jasper, Georgia

Neutral Member shall have the meaning assigned to such term in Section 2.3. * Confidential Treatment Requested

Neutral Member who shall be an Approved Person (as defined below). If the Parties cannot reach agreement, the Neutral shall be selected in the following manner: a) Climate Resolve shall nominate an Approved Person to serve as the Neutral (the “First Nominee”), and the First Nominee shall serve as the Neutral unless one or both of the Centennial Appointees object to the First Nominee. b) If one of the Centennial Appointees objects to the First Nominee, the Centennial Appointees shall nominate another Approved Person to serve as the Neutral (the “Second Nominee”), and the Second Nominee shall serve as the Neutral unless one or both of the Climate Resolve Appointees object to the Second Nominee. c) If one of the Climate Resolve Appointees objects to the Second Nominee, the Climate Resolve Appointees shall nominate another Approved Person to serve as the Neutral (the “Third Nominee”), and the Third Nominee shall serve as the Neutral unless one or both of the Centennial Appointees object to the Third Nominee. d) If one of the Centennial Appointees objects to the Third Nominee, the Board shall refer the selection of the Neutral to a neutral arbitrator for selection in accordance with the conflict resolution provisions set forth herein, which selection shall be final, absolute and unappealable. e) For purposes of selecting the Neutral, Approved Person is hereby defined as a person of integrity who possesses professional and/or academic expertise relevant to greenhouse gas emissions, reductions, and accreditation issues or fire protection measures in California master planned communities, who has no financial interest, employment, contract, investor, or other pecuniary relationship to Centennial, Tejon Ranchcorp, or Climate Resolve. Any potential Neutral Member shall be required to fully disclose and avoid any conflict of interest with Climate Resolve and/or Centennial/Tejon Ranchcorp. f) If the Approved Person selected at the initial meeting of the Board or by the arbitrator declines to act as the Neutral, the Appointees shall, within two weeks of such declination, hold a special meeting of the Board to meet and confer and select another Approved Person to serve as the Neutral, using the procedure described in this Section 4.b.5. The procedure in this Section 4.b.5 will be repeated until the Board has selected an Approved person and that person has agreed to serve as the Neutral on the Board.

Neutral Member has the meaning provided in Section 2.1(f)(ii) of this Commercial Shared-Loss Agreement. Module 1 — Whole Bank w/ Loss Share — P&A GULF STATE COMMUNITY BANK Version 2.11B CARRABELLE, FLORIDA October 8, 2010 113