Neutral Third Party definition

Neutral Third Party means a trained individual

Neutral Third Party means (I) with respect to the determination of whether or not the required work is considered a capital repair, improvement or replacement under generally accepted accounting principles that are consistent with industry standards and sound management practices, (A) an accounting professional, who is a licensed certified public accountant with one of the ten (10) largest public accounting firms in the San Francisco Bay Area, and (B) has at least ten (10) years professional experience with the accounting procedures of Class “A” commercial office buildings in San Francisco, California of more than one hundred thousand (100,000) rentable square feet, and (C) has not been engaged or employed by Lessor or Lessee within the five (5) years preceding his or her appointment, and (II) with respect to the determination of whether or not an item requires maintenance, repair or replacement, (A) a building manager or building engineer who has at least ten (10) years professional experience in the management and repair of commercial office buildings in San Francisco, California, similar to the Comparable Maintenance Standards Buildings, and (B) is generally familiar with the Comparable Maintenance Standards Buildings, and (C) has not been engaged or employed by Lessor or Lessee within the five (5) years preceding his or her appointment. In the case of determinations of whether or not the required work is considered a capital repair, improvement or replacement under generally accepted accounting principles that are consistent with industry standards and sound management practices, the Neutral Third Party shall only consider the accounting standards and management practices of owners of Class “A” commercial office buildings in San Francisco, California of more than one hundred thousand (100,000) rentable square feet. In the case of determinations of whether or not an item requires maintenance, repair or replacement, the Neutral Third Party shall only consider the maintenance standards which are customarily maintained by the owners of the Comparable Maintenance Standards Buildings.

Neutral Third Party means a trained individual who assists disputants in reaching a mutually acceptable resolution of their disputes by identifying and evaluating alternatives, and is on an approved list by the office of dispute resolution established in section 13-22-303 or the American arbitration association, or its successor.

Examples of Neutral Third Party in a sentence

• Step 3 Hired Neutral Third Party (Mediation): Submit a written Notice of Intent to File a Claim to the Port Authority’s Authorized Representative, who will serve as the Dispute Resolution Coordinator (DRC), within fourteen (14) calendar days of receipt of the Step 2 decision.

• Participation in any price discussion is limited to instances in which the prices are discussed and determined solely in the following manner: a Neutral Third Party, as hereinafter defined, acting independently, will obtain price information concerning each Restricted Product for which the Restricted Members listed in conjunction therewith intend to participate as part of a joint bid or other sales arrangement, and will incorporate such price information into the bid or other arrangement.

• Any claims or disputes unresolved after good faith negotiations shall first be submitted to mediation, using a mutually acceptable Neutral Third Party and mutually agreeable mediation process.

• If unable to resolve their dispute within twenty (20) days, either Party may submit the dispute to Deloitte & Touche or a professional skilled in mediation in a nationally accredited firm mutually agreed upon (the "Neutral Third Party").

• Where a matter is determined to be suitable for an early alternative dispute resolution process, the Chief Executive Officer, or designate, will appoint a Neutral Third Party to assist the parties in resolving the dispute.

More Definitions of Neutral Third Party

Neutral Third Party means an individual who is not a Member, whose purpose is to assist the parties in attempting to negotiate a consensual resolution of a Complaint. This could include but is not necessarily limited to an ombudsperson, mediator or other third party.

Neutral Third Party means an entity which (i) is not a telecommunications carrier, as defined in the Communications Act of 1934 as amended; (ii) is not owned by, or does not own, any telecommunications carrier; provided that ownership interests of five percent (5%) or less shall not be considered ownership for purposes of this Article; or (iii) is not affiliated, by common ownership or otherwise, with a telecommunications carrier.

Neutral Third Party. ’ means an individual, partnership, corporation (profit or non-profit), or any representative thereof which is not engaged in the manufacture, distribution, or sale of any Restricted Product. Any Member may be a Neutral

Neutral Third Party shall have the meaning set forth in Section 11.3(e).

Neutral Third Party means means an entity which (i) is not a Canadian carrier; (ii) is not owned by, or does not own, any Canadian carrier; provided that ownership interests of five percent (5%) or less shall not be considered ownership for purposes of this Agreement; or (iii) is not affiliated, by common ownership or otherwise, with a Canadian carrier. In this Section 1.29, the term "Canadian carrier" means a telecommunications common carrier that is subject to the legislative authority of the Canadian Parliament and "telecommunications common carrier" means a person who owns or operates a transmission facility used by that person to provide telecommunications services to the public for compensation.

Neutral Third Party. ’ means an

Neutral Third Party means an individual, partnership, corporation (profit or non-profit), or any representative thereof which is not engaged in the manufacture, distribution, or sale of engine bearings.